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WorksheetsTechnopreneurship Prelim Exam
Total questions: 50
Worksheet time: 26mins
(a) is an entrepreneur who uses technology to create new business solutions.
Which company did Mark Zuckerberg rename as Meta in 2021?
(a)
He founded the companies like Neuralink, and SpaceX.
(a)
He is the President and CEO of San Miguel Corporation.
(a)
He Is a Filipino businessman known for leading PLDT and Smart Communication.
(a)
(a) innovation refers to making small, continuous improvements to a product or service.
(a) innovation ideas that radically change industries and consumer behavior.
A (a) product can be touched, seen, and physically interacted with.
A (a) product refers to service or digital solution that provides value but cannot be touched physically.
(a) refers to the creation of idea, product, or process that did not exist.
Creating an AI-powered chatbot for customer service is an example of technopreneurship.
True
False
A technopreneurial business can operate entirely online without a physical store.
True
False
Companies like Apple, Microsoft, and Google are examples of successful technopreneurship.
True
False
Technopreneurs do not face financial challenges since technology-based business are always profitable.
True
False
Innovation always involves creating something entirely new.
True
False
Which of the of the following is a tangible product?
Music streaming
Smartphone
Online course
Legal consultation
Which of the following is an intangible product?
Laptop
Book
Cloud storage service
Shoes
A service is different from a product because:
It is intangible
It can be stored for a long time
It can be touched and felt
It does not require customer interaction
Which industry is primarily service-based?
Manufacturing
Retail
Healthcare
Electronics
What is an example of a tangible product in the food industry?
Online food ordering service
Grocery delivery app
Packaged snacks
Restaurant reservation
Which stage of team development is characterized by team members getting to know each other and establishing initial relationships?
Storming
Performing
Adjourning
Forming
In which stage of team development do conflicts and disagreements often arise as team members assert their ideas and opinions?
Storming
Performing
Norming
Forming
During which stage do team members start to understand and respect each other's strengths and weaknesses?
Norming
Adjourning
Storming
Performing
Which of the following best describes the performing stage of team development?
Team members are focused on resolving conflicts.
The team is functioning efficiently and working toward common goals.
Team members are getting to know each other.
The team is disbanding and moving forward individually.
In the adjourning stage, what typically happens to the team?
The team begins to set goals and form relationships.
The team members prepare to separate and move on to different projects.
The team faces conflicts that need resolution.
The team begins to work at peak performance.
Which stage of team development involves the establishment of group norms and rules?
Performing
Norming
Adjourning
Forming
In the storming stage, what is the main focus of the team?
Building trust and establishing goals
Gaining clarity on roles and responsibilities
Conflict resolution and disagreement management
Completing tasks and achieving objectives
Which stage comes immediately after the norming stage in team development?
Forming
Storming
Performing
Adjourning
In which stage of team development are team members likely to experience frustration and resistance?
Forming
Storming
Norming
Performing
Which stage of team development requires the team to establish trust and agree on common goals?
Performing
Storming
Norming
Forming
What is a customer?
A business partner who helps in product development
An individual or organization that buys and uses a technology-based product or service
A competitor offering similar technological solutions
A government regulatory body monitoring technological startups
What is the primary characteristic of a loyal customer?
Frequently switches between competitors
Continues to purchase from the same company despite competition
Only buys products when they are discounted
Avoids new innovations and prefers traditional methods
Which customer segment in technopreneurship consists of individuals who are skeptical about adopting new technologies?
Innovators
Early adopters
Late majority
Laggards
Which type of customer values affordability over advanced features in a product?
Price-sensitive customer
Tech-savvy customer
Early adopter
Brand-loyal customer
In the technology adoption lifecycle, which customer group is the largest?
Early adopters
Innovators
Early majority
Late majority
How does customer feedback benefit technopreneurs?
It helps reduce production costs
It provides insights into improving products and customer satisfaction
It eliminates the need for marketing efforts
It ensures all customers will continue to purchase the product
Which customer type primarily influences others’ purchasing decisions through social media or reviews?
Laggards
Brand advocates
Passive customers
Occasional buyers
What is a value proposition?
A statement describing a company's mission and vision
A declaration of how a product or service solves a problem and delivers value to customers
A legal contract between a business and its customers
A pricing strategy for maximizing profits
A startup launches a new AI-powered writing assistant. Which of the following is the best example of a strong value proposition?
"Our AI tool is affordable and available worldwide."
"Write smarter and faster with AI—our tool helps you craft compelling content effortlessly."
"We are the leading AI writing tool provider in the market."
"Our tool has a high accuracy rate and supports multiple languages."
A mobile banking app advertises: "Bank anytime, anywhere—secure, fast, and easy." What type of value proposition is this?
Cost reduction
Convenience and accessibility
Luxury and exclusivity
Technical specifications
Which of the following is NOT a key factor in market analysis?
Market size
Growth potential
Customer preferences
Employee salaries
What is market size in the context of market analysis?
The total number of competitors in a market
The total number of potential customers and revenue opportunity in a market
The physical size of a marketplace
The number of products a company can sell in one year
Which method is commonly used to analyze economic conditions in a market?
SWOT analysis
PESTEL analysis
Marketing mix evaluation
Product testing
A business conducting a competitive analysis should focus on:
The number of employees in competing companies
The strengths, weaknesses, and strategies of competitors
The salaries of competitor employees
The locations of competitors' office buildings
Which of the following is a qualitative method used in market analysis?
Customer interviews
Sales forecasting
Revenue projections
Statistical modeling
Which of the following is an indicator of a market’s growth potential?
Declining sales trends
Increase in customer demand over time
Fewer competitors entering the market
High operational costs
Why is customer behavior analysis important in market identification?
To predict future sales trends and preferences
To eliminate the need for advertisements
To determine employee salaries
To reduce the cost of product development
What is the primary goal of market identification?
To sell products without competition
To determine the most suitable target audience for a product or service
To create new business regulations
To avoid conducting customer research
What is the key characteristic of Industry 4.0?
The use of steam power in production
The introduction of assembly line production
Smart manufacturing, cyber-physical systems, and the Internet of Things (IoT)
Manual labor-intensive processes
Which of the following is NOT a feature of Industry 4.0?
Artificial intelligence and machine learning
Cloud computing and big data analytics
Use of coal and steam engines for power
Cyber-physical systems
