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WorksheetsTechnopreneurship
Total questions: 80
Worksheet time: 40mins
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)
An entrepreneur who is tech savvy and is using technology for the purpose of entrepreneurship.
Technopreneur
Transpreneur
Agripreneur
Entrepreneur
Refers to business firms where technology is crucial to the business.
Entrepreneurship
Technopreneurship
Agripreneurship
Transpreneurship
An entrepreneur should also be able to identify if there's really a need for that kind of business or an opportunity for it in the market.
Persistence
Commitment to work
Opportunity seeker
Risk taking
An entrepreneur could and should never be discouraged with obstacles and challenges.
Commitment to work
Goal setting
Persuasion and networking
Persistence
As entrepreneur, you have to make the people believe in you. And you will not be able to do it if you do not believe in yourself.
Self confidence
Persuasion and networking
Risk taking
Goal setting
As entrepreneur, you have to learn how to speak in a way that people will connect with you and understand the purpose of your business existence.
Demand for quality and efficiency
Persuasion and networking
Information seeking
Risk taking
As an entrepreneur, you should always equip yourself with the current trend and always be aware of what's happening around you.
Risk taking
Goal setting
Information seeking
Systematic planning and monitoring
Refers to the study of how and what rate does new ideas or technology spread in the economy.
Technology diffusion
Technology adaptation
Technology evolution
Technological innovation
This are the first individuals to adapt to technology
Innovators
Early adopters
Early majority
Late majority
This are the individuals who are more discrete in their adaptation choices than the innovators
Innovators
Early adopters
Early majority
Late majority
They are more slower in the adaptation process and seldom hold opinions
Innovators
Early adopters
Early majority
Late majority
They have high degree of skepticism, usually wait for the majority of society to adapt with innovation
Early adopters
Early majority
Late majority
Laggards
These are the individuals usually don't like change and tends to focus to tradition
Early adopters
Early majority
Late majority
Laggards
Refers to the person that risks on getting into a new venture
Entrepreneur
Technopreneur
Manager
Business owner
The creation of something new
Invention
Innovation
Ideation
Installation
The process of updating or upgrading something that already exists.
Invention
Innovation
Ideation
Installation
These types of innovation are focused on the innermost working of an enterprise and its business system
Configuration
Offering
Experience
Learning
These types of innovation are focused on an enterprise's core product or service, or a collection of its products and services
Configuration
Offering
Experience
Learning
These types of innovation are focused on more customer-facing elements of an enterprise and its business system
Configuration
Offering
Experience
Learning
The creative process where designers generate ideas in session.
Creation
Ideation
Invention
Innovation
An ideation technique where ideas come to your mind by physically experiencing a situation resembling your problem, using people, props, or a digital prototype
Bodystorming
Brainstorming
Brainwriting
Force fit
An ideation technique where you generate ideas in one session. The ideas will be verbally stated during the group session
Bodystorming
Brainstorming
Brainwriting
Force fit
An ideation technique where participants would have to write their ideas on a piece of paper
Bodystorming
Brainstorming
Brainwriting
Force fit
An ideation technique where the process is simply combining two ideas into one
Brainstorming
Brainwriting
Force fit
Borrowing
An ideation technique where you create a new product using the same structure of an existing product or item, but this time, you create it for a totally different purpose.
Brainstorming
Brainwriting
Force fit
Borrowing
Which of the following words refers to a company competitive edge over its existing competitors?
Strengths
Weaknesses
Threats
Opportunities
Which of the following words refers to an event or trend that can create a positive impact towards a business?
Strengths
Weaknesses
Threats
Opportunities
Which of the following words refers to a business areas for improvement , this is usually internal and controllable since it is within the business organization.
Strengths
Weaknesses
Threats
Opportunities
Which of the following words compel an entrepreneur dream and answers the question " What does the business want to achieve"
Goals
Objectives
Vision
Mission
Which of the following words reflect the entrepreneur's values, belief and vision. This is also known as Creed statement or statement of purpose
Goals
Objectives
Vision
Mission
Which of the following words refers to a long-term strategic plan of a business?
Goals
Objectives
Vision
Mission
Which of the following is not included in the power of external market forces?
Competitive Advantage
Social and Demographic
Economic
Technological
Identify which of the following External Market powers manifest in this statement.
The location of the new Branch of Jollibee at San Anton Guagua is strategic since it was situated in between a market and a hospital surrounded by its direct and indirect competitors.
Political and Regulatory
Social and Demographic
Economic
Technological
Identify which of the following External Market powers manifest in this statement.
The Bangko Sentral ng Pilipinas mandates all restaurants and convenient stores to include QR PH as cashless payment options on their transaction settlement. This is done using a Mobile Banking App.
Political and Regulatory
Social and Demographic
Economic
Technological
Identify which of the following External Market powers manifest in this statement.
The Supermarket Industry sales continue to experience a decline on sales due to inflation and high freight cause by Oil price Hike.
Political and Regulatory
Social and Demographic
Economic
Technological
Identify which of the following External Market powers manifest in this statement.
The Restaurant Industry continue to experience sales growth from March to April 2022 due to ease of restriction mandated by the Inter-Agency Task Force.
Political and Regulatory
Social and Demographic
Economic
Technological
Identify which of the following External Market powers manifest in this statement.
Businesses along Pandan Road Angeles continue to cease their operation cause by heavy traffic along the area and flooding during rainy season.
Political and Regulatory
Social and Demographic
Economic
Technological
Identify which of the following External Market powers manifest in this statement.
The continuous opening and ease of restriction among industry resulted to growth on the country GDP and creates employment among Filipinos. This resulted to increase in purchasing power and pent-up demand for some industry.
Political and Regulatory
Social and Demographic
Economic
Technological
What is the 3rd Step in Strategic Management Process?
Identify Key Success Factors
Scan environment for opportunities and threats.
Formulate strategies
Analyze Competition
What is the 5th Step in Strategic Management Process?
Identify Key Success Factors
Scan environment for opportunities and threats.
Formulate strategies
Analyze Competition
What is the 7th Step in Strategic Management Process?
Identify Key Success Factors
Establish accurate controls
Formulate strategies
Analyze Competition
What is the Final Step in Strategic Management Process?
Identify Key Success Factors
Establish accurate controls
Formulate strategies
Analyze Competition
Which of the following is not TRUE about clearly defined vision?
Provides direction
Reflects entrepreneur beliefs and values
Determines decision
Motivates people
Statement 1: Focus on strength and weaknesses that determine the relative success of market participants
Statement 2: Opportunities are trends and events that creates negative impact towards a business organization.
Statement 1 is True
Statement 2 is False
Statement 1 is False
Statement 2 is True
Both Statement are True
Both Statement are False
Statement 1: In Making an objective first things first is it should be Specific
Statement 2: Objectives to become feasible should be both realistic and attainable
Statement 1 is True
Statement 2 is False
Statement 1 is False
Statement 2 is True
Both Statement are True
Both Statement are False
Which of the following words refers to assets needed by a company to provide goods or service as measured in terms of money value.
Human Capital
Structural Capital
Financial Capital
Intellectual Capital
Which of the following words refers to personal attributes considered useful in the production process.
Human Capital
Structural Capital
Financial Capital
Intellectual Capital
Which of the following words refers to the value if a company’s employee knowledge, skills, business training or any proprietary information that may provide the company with a competitive advantage.
Customer Capital
Structural Capital
Financial Capital
Intellectual Capital
Which of the following words refers to the supportive infrastructure, processes and databases of the organization that enable human capital to function.
Customer Capital
Structural Capital
Financial Capital
Intellectual Capital
Statement 1: Burger King direct Competitors includes Shakeys, Pizza Hut and Greenwich
Statement 2: Game plan is a day to day strategic plans that enables business to met their targets
Statement 1 is True
Statement 2 is False
Statement 1 is False
Statement 2 is True
Both Statement are True
Both Statement are False
Statement 1: Objective in general should be define as SMART.
Statement 2: Computers, Printers and photocopiers are examples of Human Capital
Statement 1 is True
Statement 2 is False
Statement 1 is False
Statement 2 is True
Both Statement are True
Both Statement are False
Statement 1: Strategic tasks is crucial to building a successful business
Statement 2: developing a strategic objectives is crucial to creating a sustainable competitive advantage.
Statement 1 is True
Statement 2 is False
Statement 1 is False
Statement 2 is True
Both Statement are True
Both Statement are False
Which of the following aspect in Building competitive advantage refers to the service scape or added service on top of product being offered.
Products they sell
Service They provide
Pricing they offer
way they sell
Which of the following aspect in building competitive advantage refers to the promotional activities and distribution channels.
Products they sell
Service they provide
Pricing they offer
way they sell
Statement 1: One of the advantages of Analyzing competitors is the improvement on reaction time to competitors action
Statement 2: Part of analyzing competitors is to regularly debrief sales representative and purchasing agents.
Statement 1 is True
Statement 2 is False
Statement 1 is False
Statement 2 is True
Both Statement are True
Both Statement are False
A Technopreneur is an entrepreneur who is tech savvy and is using technology for the purpose of entrepreneurship.
True
False
Coding ability gives new perspective to problem-solving
True
False
Stack Overflow is a question and answer website for professional and enthusiast programmers.
True
False
Is Mark Zuckerberg a technopreneur?
No
Yes
Which are the following NOT element of BASIC?
Blockchain
Accounting
IoT
Security
Idea Creator
team leader
editor
inventor
none of these
If we don’t know our users, how can we solve their problems?
prototyping
empathy
research
ideation
Building the project and get the user feedback
prototyping
empathy
research
ideation
