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WorksheetsFoodTech Entrepreneurship
Total questions: 16
Worksheet time: 5mins
Name
Class
Date
1.
Innovation is the same as invention.
a)
True
b)
False
2.
Innovation ->…...........->…..........
a)
value, invention
b)
idea, invention
c)
value, commercialization
d)
value, idea
e)
idea,monetization
3.
Entrepreneurship is the art of turning an idea into a business.
a)
True
b)
False
4.
Entrepreneurship is the process by which individuals pursue opportunities __________________.
a)
with only the resources they control.
b)
with reousrces they are given.
c)
without resources
d)
without regards to resources they currently control.
e)
with enough money and resources
5.
Good entrepreneurs are …..
a)
brave to invest
b)
gamblers
c)
calculated risk takers
d)
avoid risk at all cost
6.
Bootstrapping in entreprenuership means…........
a)
make more with more
b)
try to do more with less
c)
try to borrow as much as possible
d)
try to be cheap as much as possible
e)
try to get investment as soon as possible
7.
3 aspects of constraints for innovation are….
a)
problem, solution, desirability
b)
user, idea, resources
c)
user, solution, viability
d)
viability, feasibility, possibility
e)
desirability, viability, feasibility
8.
Can the product/service be made possible in the foreseeable future is the meaning of ….....
a)
desirability
b)
viability
c)
feasibility
d)
solution
e)
value proposition
9.
Which is not an example of value proposition?
a)
best laptop in the market
b)
allows colaboration
c)
gives convenience
d)
helps you get organized
e)
affordable option
10.
Value Proposition is created from a FIT of…........
a)
problem, user, business model
b)
customer, value, resources
c)
user, desire, solution
d)
customer, problem, solution
e)
problem, idea, solution
11.
Can the product/service be made into a sustainable business is the meaning of ….....
a)
desirability
b)
viability
c)
feasibility
d)
possibility
e)
value proposition
12.
Entrepreneurship only applies to creating a new business.
a)
True
b)
False
13.
Which is not the characteristic of a entrepreneurial firm?
a)
proactive
b)
innovative
c)
risk taking
d)
create new product/services
e)
risk averse
14.
Entrepreneurs are born not made
a)
True
b)
False
15.
Investors only prefer more experienced entrepreneurs
a)
True
b)
False
16.
What's the name of the UPH business Incubator
a)
The business incubator
b)
Sparks Accelerator
c)
Sparklabs Incubation
d)
UPH Sparks Ideas
e)
Business Lab
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