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Chapter 3 Review

Total questions: 20

Worksheet time: 12mins

Name
Class
Date
1.

The ability to develop new ideas and to discover new ways of looking at problems and opportunities is called ____.

a)

entrepreneurship

b)

innovation

c)

creativity

d)

creative thinking

2.

An entrepreneurial "secret" for creating value in the marketplace is ____.

a)

applying creativity and innovation to solve problems

b)

creating new products and services

c)

learning by doing

d)

applying lessons learned from history

3.

Entrepreneurship is a constant process that relies on ____.

a)

creativity, innovation, and profit

b)

the ability to win over the consumer

c)

creativity, innovation, and application in the marketplace

d)

intellectual property rights

4.

____ is necessary for building a competitive advantage and for business survival.

a)

One single idea

b)

A motivated owner

c)

Creativity

d)

A low-priced product

5.

Creativity often involves creating something from nothing. However, it is more likely to result in ____.

a)

elaborating on the present

b)

putting old things together in new ways

c)

taking something away to create something simpler or better

d)

All of these

6.

When developing creative solutions to modern problems, entrepreneurs must ____.

a)

go beyond merely using whatever has worked in the past

b)

limit the creative process to only profitable ventures

c)

remember what has worked in the past

d)

pay attention to limiting factors

7.

Research into the operation of the human brain shows that each hemisphere of the brain ____.

a)

develops symmetrically

b)

controls similar functions

c)

does not dominate the other hemisphere

d)

processes information differently

8.

All of the following represent barriers to creativity that entrepreneurs impose upon themselves EXCEPT ____.

a)

focusing on being too logical

b)

being too practical

c)

blindly following the rules

d)

searching for more than one answer

9.

Entrepreneurs can stimulate their own creativity and encourage it among workers by ____.

a)

expecting and tolerating failure

b)

avoiding problems

c)

limiting rewards

d)

not taking chances

10.

Which of the following is NOT one of the ways entrepreneurs can stimulate their own creativity and encourage it among their workers?

a)

Provide creativity training

b)

Encourage curiosity

c)

View challenges as problems

d)

Develop a corporate culture that both fosters and rewards creativity

11.

Employees must be given the tools and resources they need to be creative. One of the most valuable set of resources is _____.

a)

setting limits and providing challenges

b)

establishing rules and guidelines

c)

time, support, and encouragement

d)

reinforce traditional problem solving methods

12.

Which stage of the creative process requires one to develop a solid understanding of the problem or decision?

a)

Investigation

b)

Preparation

c)

Illumination

d)

Verification

13.

____ thinking is the ability to see similarities and ______ thinking is the ability to see differences among various data and events.

a)

Divergent; convergent

b)

Convergent; divergent

c)

Convergent; transformational

d)

None of these

14.

The focus of which of the following step in the creative process is to transform the idea into a reality?

a)

Implementation

b)

Preparation

c)

Illumination

d)

Verification

15.

_____ is a process in which a small group of people interacts to produce a large quantity of imaginative ideas.

a)

Groupthink

b)

Mind-mapping

c)

Brainstorming

d)

Prototyping

16.

Mind-mapping is a useful tool for jump-starting creativity. It includes all of the following EXCEPT _____.

a)

sketching a picture to symbolize the problem or area of focus in the center of a sheet of paper

b)

writing down every idea that comes into your mind, connecting each idea to the central picture

c)

allowing your mind to rest for a few minutes before integrating the ideas

d)

forcing creativity when ideas start to trickle

17.

The three principles (three R's) of rapid prototyping are ____.

a)

develop a rough model, rapidly, and for the right price

b)

develop a compete model, rapidly, and for the right problem

c)

develop a rough model, rapidly, and for the right problem

d)

develop a right model, roughly, and for the right price

18.

To which governmental office must applications for patents be submitted?

a)

The U.S. Patent and Trademark Office

b)

The individual State Offices of Patent Development

c)

The Federal Trade Commission

d)

The Securities and Exchange Commission

19.

Any distinctive word, phrase, symbol, name, or logo a firm uses to distinguish itself or its products is called a _____.

a)

trademark

b)

patent

c)

copyright

d)

service mark

20.

A _____ is an exclusive right that protects the creators of original works such as literary, dramatic, musical, and artistic works.

a)

trademark

b)

patent

c)

coptyright

d)

service mark