Proficiency Exam 3 Practice

1. Document that defines a business’s objectives and strategies which usually includes a business summary, market research, and plan for execution.

• Creativity

• Entrepreneur

• Business Plan

• Innovation

1. A series of steps that engineers or innovators can apply to develop a solution to a problem; for this unit we will use a five-step engineering process or Ask, Imagine, Plan, Create, Improve.

• Engineering Design Process

• Creativity

• Prototype

• Patent

1. A writing securing for a term of years the right to exclude others from making, using, or selling an invention.

• Business Plan

• Market Research

• Patent

• Phase

One who organizes, manages, and assumes the risks of a business or enterprise.​ (a)  

• Entreperneur
• Employee
• Customer

Something that has been produced for the first time through the use of the imagination or of ingenious thinking and experiment, the ability to create something new, or the act of developing a new process, product, or service​ (a)   the following

• Invention
• Discovery
• Revelation

1. A first full-scale and usually functional form of a new design of an invention.

• Phase

• Prototype

• Patent

• Project Evaluation

1. A distinguishable part in a course, development, or cycle 

• Business Plan

• Creativity

• Phase

• Innovation

A listing of the project’s timelines, activities, and deliverables.

• Market Research

• Patent

• Business Plan

• Creativity

 A legal document that is used to request proposals for a contract or service.

• Phase

• Patent

• Request for Proposal (RFP)

• Prototype

1. An assessment of if the goals of the project were accomplished.

• Market Research

• Innovation

• Project Evaluation

• Invention