7-1 Entrepreneurial Process Part 2 Quiz Business U

What is an analogy?

• A detailed business plan

• A comparison using metaphors or similes

• A scientific discovery

• A short product slogan

What does a business plan provide?

• A list of slogans

• A roadmap of business objectives and strategies

• A short description of an idea

• A method for reverse engineering

What is circumstantial discovery based on?

• Random guesses

• Specific knowledge of time, place, or circumstance

• Detailed product analysis

• Short, catchy phrases

What is an elevator pitch?

• A long business presentation

• A short description of an idea for quick understanding

• A detailed scientific report

• A comprehensive business plan

What does entrepreneurial discovery involve?

• Writing slogans for products

• Systematically scanning for changes to discover new opportunities

• Creating detailed business plans

• Developing short product descriptions

What is the purpose of reverse engineering?

• To create new slogans

• To examine a product in detail to produce something similar

• To develop a business plan

• To write an elevator pitch

What is scientific discovery?

• A process of creating slogans

• A successful inquiry and investigation of natural phenomena

• A method for reverse engineering

• A short business description

What is a slogan used for?

• Describing the essence of a company

• Promoting a product's features and benefits

• Creating a business plan

• Conducting scientific research

What is a tagline?

• A detailed business strategy

• A short description of a product's features

• A phrase describing the essence of a company

• A method for scientific discovery

Which of the following is NOT a part of the glossary?

• Analogy

• Business Plan

• Elevator Pitch

• Financial Report