WorksheetsCAPE Entrepreneurship Module 2
Total questions: 15
Worksheet time: 8mins
Which of the following is NOT a key component for a venture’s success?
The idea
Feasible business plan
The opportunity
The educational background of the entrepreneur
All of the following are methods to generate ideas EXCEPT
Focus group
Reverse brainstorming
Algorithmic proposition
The Gordon Method
A method of arriving at new ideas by focusing on problems is appropriately termed
Problem checklist method
Problem inventory analysis
Problem solving
Delphi method
Which of the following is NOT a key issue in evaluating ideas?
Market place issues
Feasibility study
Rating ideas
Entrepreneur educational background
All of the following are potential sources of opportunities EXCEPT
Changes in perception
Internal human resources
New knowledge
A process need
An explanation of what a venture proposes to in terms of product, processes, organization structure and competitive advantage is BEST described as a/an
Idea
Opportunity
Business concept
Venture description
Which of the following is NOT a structural resource?
Policies and practices
Registered design
Communication channels
Formal and informal structures
An individual who is willing to invest personal capital in return for equity in the enterprise is appropriately termed
Venture capitalist
Preference shareholder
Ordinary shareholder
Angel investor
Which of the following activities is NOT associated with the implementation stage of a venture?
Organization design
Designing the production function
Designing the marketing function
Design the accounting function
Effectiveness describes
The relationship between input factors and outcomes
The organizations ability to achieve its goals
The acquisition of inputs at the lowest costs
The quality measures of performance
The first sale of shares by a private company to the public is specifically a/an
Employee Share Ownership Plan
Liquidation
Initial Public Offering
Management Buyout
Establishing the organizational goals, strategy development and functional areas strategy development form part of the venture’s
Planning strategy
Organizing strategy
Implementation Strategy
Managing strategy
Changes in life stages, age and income reflect which potential source of opportunities?
Changes in perception
Demographic changes
Industry changes
Market changes
Which of the following statements outline the key reasons for screening ideas?
I. To see whether the idea meets the goals
II. To reduce the level of risk
III. To see whether the idea can be realized with the existing level of technology
IV. To test the educational capabilities of the person generating the idea
All of the above
l, ll and lll
l and ll only
l only
Which of the following is NOT a part of the evaluation of ideas process?
Inventory analysis
Screening ideas
Feasibility analysis
Selection of ideas
