Exam 7: Testing and Experimenting in Markets
Exam 1: Entrepreneurship: a Global Social Movement100 Questions
Exam 2: Practicing Entrepreneurship100 Questions
Exam 3: Developing an Entrepreneurial Mindset100 Questions
Exam 4: Supporting Social Entrepreneurship100 Questions
Exam 5: Generating New Ideas100 Questions
Exam 6: Using Design Thinking102 Questions
Exam 7: Testing and Experimenting in Markets100 Questions
Exam 8: Building Business Models99 Questions
Exam 9: Planning for Entrepreneurs101 Questions
Exam 10: Creating Revenue Models101 Questions
Exam 11: Learning From Failure99 Questions
Exam 12: Bootstrapping for Resources100 Questions
Exam 13: Financing for Startups99 Questions
Exam 14: Developing Networks101 Questions
Exam 16: Marketing and Pitching Your Idea102 Questions
Exam 17: Financial Statements and Projections for Startups53 Questions
Exam 18: the Pitch Deck39 Questions
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What phase of design thinking is associated with experimentation?
Free
(Multiple Choice)
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Correct Answer:
C
Sabrina just received a toy from her mother for her seventh birthday.The toy was recommended by her elementary school teacher for its educational value.The teacher has been conducting lectures on educational toys for children.Sabrina's teacher is what kind of customer?
Free
(Multiple Choice)
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Correct Answer:
C
A prototype is described as which of the following?
Free
(Multiple Choice)
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Correct Answer:
B
Amazon conducted background research prior to placing books on sale.What did this background research consist of?
(Multiple Choice)
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In general, how many different types of customers are there?
(Multiple Choice)
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Steve Jobs said, "You can't connect the dots looking forward." Which of the following describes what he meant by this statement?
(Multiple Choice)
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What are the elements in a four-quadrant framework of storyboarding?
(Multiple Choice)
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Sabrina just received a toy for her seventh birthday.She is describing all the things she likes and dislikes about the new toy.What type of customer is Sabrina?
(Multiple Choice)
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A new perfume manufacturer wants to test peoples' reaction to the scent.As people enter a large department store, they are sprayed with the product and asked to fill out a questionnaire in exchange for a free sample.This would be an acceptable way of conducting the experiment.
(True/False)
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A high-level view of thoughts and ideas displayed in sequence through drawings, sketches, or illustrations is called a ______.
(Multiple Choice)
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Experiments need to have a clear purpose, be achievable and generate ______?
(Multiple Choice)
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The owner of Amazon.com developed a site for a relatively low cost and offered books on the site. What stage of the scientific process was the owner executing by doing this?
(Multiple Choice)
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Rather than just gathering data, an experiment matches an outcome to which of the following?
(Multiple Choice)
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A customer who delays or vetoes the purchasing decision is referred to as which of the following?
(Multiple Choice)
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A storyboard is classified as what category of business development tools?
(Multiple Choice)
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Which of the following is the main problem regarding intuition in the role of decision making?
(Multiple Choice)
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