ENTREPRENURSHIP REVIEW EXAM (SPRING)

1. is an opportunity to improve many aspects of a digital product, most importantly, its user experience, visual design, technical bugs, and business value

• product redesign

• design patent

• rebranding

• copyright

3. Issued for the invention of a new and useful process, machine, manufacture, or composition of matter, or a new and useful improvement thereof, it generally permits its owner to exclude others from making, using, or selling the invention for a period of up to twenty years from the date of patent

• utlitiy patent

• design patent

• patent pending

• invention patent

5. Combine your technical, business and professional knowledge to spur innovation and develop new products and processes

• engineering entrepreneurship

• Business Model Canvas

• Utility Patent

• rebranding

7. Who is your customer?

• Customer Segments

• Value Proposition

• Revenue Streams

• Channels

9. How will you make money?

• Business Model s

• Revenue Streams

• Channels

• Canvas

11. How will you communicate your value proposition?

• Channels

• Customer Relationships

• Key Activities

• Relationships Activities

13. Who/what are your key resources?

• Key Resources

• Key Resources

15. the various types of expenses a business incurs and is typically composed of fixed and variable costs, or direct and indirect costs

• expense structure

• Key Resources

• Cost Structure

• Variable costs

17. Where your personal considerations and professional obligations interfere with one another.

• conflict of interest

• personal consideration

• personal obligation

• personal costs

19. The exclusive right to make, use or sell a device or process.

• patent

• trademark

• copyright

• MLM