Showing posts with label Entrepreneurship Chapter 3. Show all posts
Showing posts with label Entrepreneurship Chapter 3. Show all posts

Creativity declines with

Creativity declines with 




A) training and tradition.
B) education and work experience.
C) age, education and lack of use.
D) mental health and work experience.







Answer: C

In this method, instead of generating new ideas themselves, consumers are provided with a list of problems in a general product category. What method is the author referring to here?

In this method, instead of generating new ideas themselves, consumers are provided with a list of problems in a general product category. What method is the author referring to here?



A) Reverse brainstorming
B) Problem inventory analysis
C) Brainstorming
D) Focus groups






Answer: B

The Occupational Safety and Health Act (OSHA) mandated that first-aid kits be available in business establishments employing more than three people. A newly formed company was successful in developing first-aid kits that allowed companies to comply with the standards of the act. This is an example of:

The Occupational Safety and Health Act (OSHA) mandated that first-aid kits be available in business establishments employing more than three people. A newly formed company was successful in developing first-aid kits that allowed companies to comply with the standards of the act. This is an example of:



A) distribution channels as an excellent source for new ideas.
B) existing products and services as a source for new ideas.
C) potential consumers as a source for new ideas.
D) government regulations as a source for new product ideas.






Answer: D

Which of the following statements is true?

Which of the following statements is true? 



A) Customers form the largest source of new ideas for entrepreneurs.
B) While members of the distribution channel may be willing to provide new ideas for entrepreneurs, they may not help market them.
C) The Federal Government is not a source of new ideas since the patent information they collect is confidential.
D) Establishing a formal method for monitoring and evaluating competitive products and services on the market.






Answer: D

Front-end website operations involve:

Front-end website operations involve: 



A) search capabilities
B) shopping baskets
C) secure payment features
D) all of the above.






Answer: D

Reverse brainstorming is much like brainstorming except that:

Reverse brainstorming is much like brainstorming except that: 





A) criticism is allowed.
B) the technique is based on finding fault.
C) the group must be careful to maintain good morale.
D) all of the above.






Answer: D