PRELIM QUIZ

1. Which of the following represents a scientific risk unique to bioentrepreneurship?

• A. Fluctuating exchange rates

• B. Unpredictable scientific outcomes

• C. Increasing rent prices

• D. Decline in internet traffic

2. Translational research in bioentrepreneurship refers to:

• A. Translation of business documents

• B. Research that connects academic discoveries to real-world applications

• C. Translation of marketing materials

• D. None of the above

3. Intellectual property battles may arise when:

• A. Products are not patented

• B. Innovations are shared freely

• C. All companies use the same materials

• D. There is no legal system in place

4. Resilience is necessary for a bioentrepreneur because:

• A. The industry is predictable and easy

• B. Failures and challenges are frequent

• C. Customers are always satisfied

• D. There is minimal competition

5. How do vaccines work in the context of biotechnology?

• A. By killing all pathogens directly

• B. By stimulating the immune system to fight pathogens

• C. By providing antibiotics to the body

• D. By slowing metabolism

6. Selective breeding is an example of which type of biotechnology?

• A. Medical

• B. Agricultural

• C. Industrial

• D. Environmental

7. What does green biotechnology primarily focus on?

• A. Food flavor enhancement

• B. Crop improvement and resistance to environmental stressors

• C. Development of new vaccines

• D. Marine resource utilization

8. One major concern about biotechnology is that it:

• A. Helps reduce disease

• B. Has unknown risks and consequences

• C. Eliminates poverty automatically

• D. Guarantees 100% crop success

9. Which of the following is an example of something that can be protected by a utility patent?

• A unique tune for a commercial

• B. A new drug formula for diabetes

• C. A clothing logo

• D. A business name

10. Which IPR protects confidential formulas and internal business practices?

• A. Copyright

• B. Trademark

• C. Trade Secret

• D. Industrial Design