entr 1

_____________ thinking is a good way to collaborate innovatively to identify problems and develop solutions.

• Draw

• Development

• Decree

• Design

A Value Proposition Canvas is a tool for visualizing a _______based on what the customer needs, wants, or desires.

• Process

• Procedure

• Problem

• Program

An Empathy Map helps to integrate observational data into insights by considering what customers may be ____________.

• planning

• preparing

• dreaming

• thinking

A ___________ depicts how a product solves an identifiable problem.

• emoryboard

• waterboard

• storyboard

• surfboard

Which of the following best describes a contemporary understanding of entrepreneurship?

• Entrepreneurship requires a scalable business model.

• Entrepreneurship is a life skill that can be applied across many fields.

• Entrepreneurship is generally enacted by visionary individuals.

• Entrepreneurship is mostly about launching new business ventures.

Social entrepreneurship ______.

• is defined as a business that is supported by and supports social media.

• is a global movement focusing on social problems while also providing an economic impact for the participants.

• blends social media (LinkedIn, Facebook, Twitter, etc.) and traditional media (television, radio, newspaper, mail).

• does business in the social sector (restaurants, bars, amusement parks).

Stephanie has the attitude that she can learn anything she wants to. Stephanie has a/an ______________.

• growth mindset

• entrepreneurial attitude

• fixed mindset

• good idea

Stakeholders are _________________________.

• the venture's mission for social purposes

• people impacted by or involved with the achievements of a business venture

• consequence managers

• social entrepreneurs who resolve a social problem

Great entrepreneurs expect _______________.

• to go public

• change

• profit in the first year

• to succeed on their own

What best describes the risk-reward calculations undertaken by entrepreneurs?

• Entrepreneurs work independently to confirm the viability of their business idea before bringing on others to collaborate.

• Entrepreneurs are successful because they are more willing than the average person to take more risks to reap greater rewards.

• Entrepreneurs most frequently create detailed business plans to assess risk before acting

• Most entrepreneurs take small actions from which they learn and use the knowledge from that experience to inform their next actions.