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WorksheetsTechnopreneurship Midterm Exam
Total questions: 17
Worksheet time: 11mins
A person who identifies an opportunity, converts it into a product or service, estimates earnings and profit and builds a successful business with it
Technopreneurship
Entrepreneur
Intrapreneurship
Technology
It starts out with nothing but an ‘ He defies existing practices and systems and thinks of doing things differently
Technopreneurship
Entrepreneur
Intrapreneurship
Technology
An individual in organizations with high entrepreneurial characteristics
Technopreneurship
Entrepreneur
Intrapreneurship
Technology
Technopreneurship can be define as
(Choose three (3) correct answer)
Integration of Technology, Innovation and
Entrepreneurship
Discovering Gaps and Areas of Need in the Environment
Act of turning “something” into a resource of high value by converting good ideas into business ventures that relies heavily on the application of human knowledge for practical purposes.
Firms in which technology plays a critical role in their
operations.
Understanding your Strengths and Leveraging Them
can be presented as a business or marketing statement that a company uses to summarize why a consumer should buy a product or use a service
(a)
This is the optimal use of services to create a well structural, stable, routine in product in high quantities, quality and at low cost In this world of advance technology
Efficiency
Flexibility
Adaptability
Competition
The process of trying to do better than others In the world today, people and organizations face a common global problem which is the need to improve in performance so as to adapt to the fast paced global changes People
Efficiency
Flexibility
Adaptability
Competition
This is the ability of an organization to react to unexpected emergencies quickly while still maintaining it’s routine
Efficiency
Flexibility
Adaptability
Competition
It requires looking for new technologies, ideas and methods that may improve or completely change a process routine to match the demands of the technological world
Efficiency
Flexibility
Adaptability
Competition
Knowing and Leveraging your Strengths
(Choose two (2) answers)
Define your Market
What comes to you Naturally
Areas you can Leverage in a Synergy
Create Top of Mind Awareness
Always Distinguish Between Risk and Uncertainty
It consist of the purposeful and organized
search for changes.
(a)
When demand grows steadily but profitability does not some portion of a process that seems awkward when producers, suppliers, etc
(a)
Task focused perfecting a process that already exist, replacing a link that is weak, redesigning a process around new knowledge, making possible a process by supplying the missing link
(a)
Changes in the population its size, composition, employment, educational status, age structure, income, etc
(a)
When a change in perception takes place, the facts do not change, but their meaning does
(a)
The “super star” of entrepreneurship and innovation the knowledge is not necessarily scientific or technical amongst history making innovations, knowledge based innovations rank
high
(a)
A tool is based on the premise that a start up is something quite different than an ongoing venture A
(a)
