Quiz - Module 2 - What's Your Problem

Quiz - Module 2 - What's Your Problem

11th Grade

26 Qs

quiz-placeholder

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Quiz - Module 2 - What's Your Problem

Quiz - Module 2 - What's Your Problem

Assessment

Quiz

Business

11th Grade

Practice Problem

Hard

Created by

Kara Victor

Used 2+ times

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26 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Evaluating an entrepreneurial opportunity requires an analysis of the business's perceived customers or market, expected lifetime use, and growth potential. This analysis is described as:

Industry & Market Evaluation

Self & Investor Analysis

Economics & Profitability

Competitive Advantage Analysis

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Evaluating an entrepreneurial opportunity requires an analysis of the business's goals and fit with the staff, opportunity costs of financial stakeholders, and risk reward tolerance of stakeholders. This analysis is described as:

Self & Investor Analysis

Industry & Market Evaluation

Economics & Profitability

Competitive Advantage Analysis

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Evaluating an entrepreneurial opportunity requires an analysis of the business's goals and fit with the staff, opportunity costs of financial stakeholders, and risk reward tolerance of stakeholders. This analysis is described as:

Self & Investor Analysis

Industry & Market Evaluation

Economics & Profitability

Competitive Advantage Analysis

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which is more measurable? Creativity or Innovation?

Innovation

Both are equally measurable

Creativity

Neither are measurable

5.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

What are some ways to foster a culture of creativity and innovation in the workplace? Select all that apply.

Encourage risks, tolerate failure

Train for and model creativity

View problems as challenges

Build teams with similar people

Set quotas for new ideas and products

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Select the best definition for the "Ideation" stage of design thinking.

Developing innovative solutions and moving beyond common ideas.

Understanding who you're designing for and their motivations

Experimenting with prototypes and redesigning each iteration

Process of formally interviewing potential customers for their feedback on the design

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

True or False: The Problem Statement, on the Business Model Canvas, is a firm statement and will not change as you research and develop other areas of the business such as Customer Segments.

True

False

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