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TPVQ12

Total questions: 15

Worksheet time: 6mins

Name
Class
Date
1.

What does the “Entrepreneur Revolution” mainly describe?

a)

The rise of government-owned companies.

b)

A shift in how businesses succeed in a digital, connected world.

c)

A return to traditional business practices.

d)

A focus on long-term employment in one company.

2.

Which of the following is NOT a key trait of today’s technopreneurs?

a)

Leveraging technology.

b)

Developing problem solving skills.

c)

Being agile and customer-driven.

d)

Relying solely on mass production.

3.

According to the Entrepreneur Revolution, why might “doing what worked yesterday” fail today?

a)

Customers prefer traditional way of doing business.

b)

Old business models are not suited to fast, digital environments.

c)

Innovation is less important than efficiency.

d)

All of the above.

4.

Which of the following BEST describes the growth of a gazelle company?

a)

Doubling in size every 10 years.

b)

5% revenue growth annually.

c)

20% revenue growth annually for 4 consecutive years.

d)

More than 50% profit after 1 year in business.

5.

When do gazelle companies typically emerge?

a)

When markets mature and no new entrants to the industry.

b)

During times of political and economic stability.

c)

After 30 years of global operation.

d)

During technological disruption and new market opportunities.

6.

Which of the following is TRUE about entrepreneurs and innovation?

a)

They must invent something completely new.

b)

They cannot use existing solutions.

c)

They are always academic misfits.

d)

They often improve existing ideas or models.

7.

Technopreneurs must fit a fixed “profile” (e.g., passion for innovation, risk-taking). This is a _____.

a)

myth

b)

rule

c)

fact

d)

requirement

8.

Which is an example of the Environmental School of Thought?

a)

An investor provides capital to an AI startup.

b)

A programmer builds a gaming app using personal savings.

c)

A student raised in a family of entrepreneurs starts a dessert café.

d)

A company founder loses a job due to Covid-19 and starts freelancing.

9.

Steve Jobs’ creativity and determination driving Apple’s success exemplifies the _____ school of thought.

a)

strategic formulation

b)

entrepreneurial trait

c)

venture opportunity

d)

displacement

10.

Which company’s competitive advantage comes from its integrated ecosystem and brand loyalty?

a)

Zoom

b)

Tesla

c)

Apple

d)

Canva

11.

Respecting intellectual property by not using pirated software falls under which environmental variable?

a)

Economic

b)

Legal

c)

Ethical

d)

Social

12.

Restaurants can list on multiple platforms (GrabFood, Foodpanda), giving them leverage over platforms. Which force is this?

a)

Bargaining power of buyers

b)

Threat of substitutes

c)

Competitive rivalry

d)

Bargaining power of suppliers

13.

Why do Google Drive, Dropbox, and OneDrive users have high bargaining power?

a)

Only few providers exist.

b)

Products/services are unique/customized.

c)

Switching is costly.

d)

Many options, easy to switch.

14.

Under sales market research, which question is most relevant?

a)

Which app features do users like most?

b)

Which subscription package gives higher revenue?

c)

Which cloud provider offers lowest downtime?

d)

Which influencers are most popular on TikTok?

15.

The Unique Selling Proposition (USP) in the marketing plan highlights _____.

a)

how success will be measured

b)

who the target customers are

c)

what makes the product different from competitors

d)

which marketing tactics will be used