IEEM Quiz 1

An entrepreneur is not...

• someone who knows how to identify an opportunity and pursue it regardless of resources

• someone who converts opportunities into marketable ideas

• an agent of change

• about earning as much money as you possibly can

Entrepreneurs are likely to have...

• High levels of risk taking skills

• High levels of creative and innovative skills

• Business know-how

• All of the above

Which of the following is not an organisational characteristic in the model of corporate intrapreneurship?

• Work discretion

• Rewards/reinforcements

• Time availability

• Internal locus of control

Which of the following is not an element of a business model canvas?

• Value Proposition

• Customer Segments

• Channels

• Customer Targeting

'It describes how a company communicates with and  reaches its customer segments to deliver a Value Proposition' the statement is best represented by which of the following options?

• Value Proposition

• Customer Segments

• Channels

• Customer Relationships

'Poor writing skills' can be described as an...

• Imagination block

• Intellectual block

• Environmental block

• Expressive block

'Insufficient Patience' can be described as an....

• Emotional block

• Intellectual block

• Perceptual block

• Cultural block

The Cloud (software as a service), ERP Systems is an example of which of the following innovation degrees?

• Incremental

• Evolutionary (Synthetic)

• Revolutionary (Discontinuous)

• None of the above

Which of the following is a type(s) of innovation?

• Product innovation

• Business Model innovation

• Marketing innovation

• All of the above

Which of the following stages of the creative process proposed by 'Wallas' involves consuming various sources of information and gathering a variety of ideas?

• Preparation

• Incubation

• Illumination

• Verification