Question 1

Observations are not acceptable data in an experiment.

Accepted Answer

A) True 
 B)False

Question 2

Yan has created a three-dimensional model of her new food delivery container.It looks like the finished product,but the handles don't quite function properly yet.What type of prototype has Yan produced?

Accepted Answer

A) mock-up 
B) minimum viable product 
C) rapid 
D) high-fidelity 
A) mock-up 
B) minimum viable product 
C) rapid 
D) high-fidelity

Question 3

The main problem with relying on experience in decision making is that some new ideas challenge what we thought we knew or what we thought we wanted.

Accepted Answer

A) True 
 B)False

Question 4

The first step of the scientific process of experimentation,for an entrepreneur,is which of the following?

Accepted Answer

A) Conduct a thorough Internet search. 
B) Develop a hypothesis. 
C) Ask a lot of questions. 
D) Analyze the data. 
A) Conduct a thorough Internet search. 
B) Develop a hypothesis. 
C) Ask a lot of questions. 
D) Analyze the data.

Question 5

Experiments need to have a clear purpose,be achievable,and generate ______.

Accepted Answer

A) positive outcomes 
B) product ideas 
C) reliable results 
D) action 
A) positive outcomes 
B) product ideas 
C) reliable results 
D) action

Question 6

If the experiment fails to deliver the results the entrepreneur anticipated,the experiment is a failure.

Accepted Answer

A) True 
 B)False

Observations are not acceptable data in an experiment.

Yan has created a three-dimensional model of her new food delivery container.It looks like the finished product,but the handles don't quite function properly yet.What type of prototype has Yan produced?

The main problem with relying on experience in decision making is that some new ideas challenge what we thought we knew or what we thought we wanted.

The first step of the scientific process of experimentation,for an entrepreneur,is which of the following?

Experiments need to have a clear purpose,be achievable,and generate ______.

If the experiment fails to deliver the results the entrepreneur anticipated,the experiment is a failure.

Practicing Entrepreneurship

Activating an Entrepreneurial Mindset

Creating and Recognizing New Opportunities

Using Design Thinking

Building Business Models

Developing Your Customers

Supplement A: Financial Statements and Projections for Startups

Developing Networks and Building Teams

Supplement B: the Pitch Deck

Creating Revenue Models

Planning for Entrepreneurs

Anticipating Failure

Bootstrapping and Crowdfunding for Resources

Financing for Startups

Navigating Legal and Ip Issues

Engaging Customers Through Marketing

Supporting Social Entrepreneurship

Filters

Exam 7: Testing and Experimenting With New Ideas

Observations are not acceptable data in an experiment.

Yan has created a three-dimensional model of her new food delivery container.It looks like the finished product,but the handles don't quite function properly yet.What type of prototype has Yan produced?

The main problem with relying on experience in decision making is that some new ideas challenge what we thought we knew or what we thought we wanted.

The first step of the scientific process of experimentation,for an entrepreneur,is which of the following?

Experiments need to have a clear purpose,be achievable,and generate ______.

If the experiment fails to deliver the results the entrepreneur anticipated,the experiment is a failure.

Practicing Entrepreneurship

Activating an Entrepreneurial Mindset

Creating and Recognizing New Opportunities

Using Design Thinking

Building Business Models

Developing Your Customers

Supplement A: Financial Statements and Projections for Startups

Developing Networks and Building Teams

Supplement B: the Pitch Deck

Creating Revenue Models

Planning for Entrepreneurs

Anticipating Failure

Bootstrapping and Crowdfunding for Resources

Financing for Startups

Navigating Legal and Ip Issues

Engaging Customers Through Marketing

Supporting Social Entrepreneurship

Filters