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Summative Test (Entrep 2nd Q)

Quiz by Florie Asunan

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50 questions
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  • Q1
    The process of acquiring the materials and services ( purchasing; manpower )
    Users enter free text
    Type an Answer
    45s
  • Q2
    Why does testing a prototype considered as a significant phase of product development? A. It allows to see the unviability of the products. B. To know whether the product specification is functioning well. C. To be able to evaluate if the products need adjustments or not. D. B and C
    B
    B and C
    C
    A
    45s
  • Q3
    Which of the following essential characteristics of entrepreneurial mind see things differently?
    Creativity
    Innovative
    Resourceful
    Passion
    30s
  • Q4
    It brings the products (product or services) from the prototype stage to production and eventually to the potential market.
    Creative mind
    All of the choices
    Technical mind
    Business mind
    30s
  • Q5
    Which entrepreneurial mind conceptualizes and design products to capture the sensory system of human being?
    Creative mind
    All of the choices
    Technical mind
    Business mind
    30s
  • Q6
    Which of the following best described creative mind?
    All of the above
    Employment of technology to arrive at a reconfigure design.
    See and use products aside from its basic function.
    Conversion of prototype into production stage and finally distribution to its market.
    30s
  • Q7
    A common eyeglass is used as a reading glass only. However due to demand of consumer the product description and design is being reconfigure through a technology to come up with a progressive eyeglass not just for reading but for three capable uses. What entrepreneurial mind is being manifested in the situation?
    Business mind
    All of the choices
    Creative mind
    Technical mind
    45s
  • Q8
    Which of the following should be taken into consideration in making an effective product description?
    Potential Market
    Investors point of views
    Company’s objectives
    Product undesirable features
    45s
  • Q9
    What do you call the the cost or the amount at which something is valued?
    None of the choices
    Delivery
    Price
    Quality
    45s
  • Q10
    Which is called the carrying of goods to a destination, especially to carry and distribute goods or products to several places?
    Delivery expectations
    Price expectations
    Quality expectations
    45s
  • Q11
    What do you call the statement about the quality expected from the project product.?
    Quality expectations
    Price expectations
    Delivery expectations
    45s
  • Q12
    A mechanical structure that uses power to apply forces and control movement to perform an intended action.
    Materials
    Method
    Manpower
    Machine
    45s
  • Q13
    .A selection of people to join in a workforce that provides strategic solutions in promoting a sustainable competitive advantage that quickly adapts changing demand in business operations.
    Method
    Materials
    Manpower
    Machine
    45s
  • Q14
    It is extremely important in any organization to make appropriate assignments of responsibility for the implementation of the marketing plan. In some cases, the availability of a certain expertise may be uncontrollable. In any event, the entrepreneur must build an effective management team and assign the responsibilities to implement the marketing plan.
    Materials
    Manpower
    Machine
    Method
    45s
  • Q15
    Used to make new products
    Manpower
    Materials
    Machine
    Method
    45s

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