Exam Final Revision Questions And
Answers Rated A+.
The goal of this course is to make all students "experts: in entrepreneurship by the time the
course is over? - Answer false
Which of the following was NOT an example from the dormant networks video that discussed 3
degrees of influence? - Answer Alcoholism
When Networking it is better to make more statements than it is to ask questions? - Answer
false
Scalable efficiency, in an automobile manufacturing company would be: - Answer A worker
assembles a specific part of the car and the car moves to the next worker
Who bears the financial risk is the key difference between and entrepreneur and intrapreneur? -
Answer true
What was the difference discussed between a "Business Owner" and an "Entrepreneur"? -
Answer Attitude
What was the product "idea" discussed realting to having an "idea"? - Answer de-Toaster
Which one did Professor Wilbur's company use as a catalyst for opportunity? - Answer
Regulatory Change
Observing a customer solve a problem is "better" than talking to (interviewing) the customer
about how they solved the problem? - Answer True
Why did Wii discover families not playing video games together? - Answer Controllers were
"too complicated" for most adults to use
According to Professor Wilbur, Kimmel Labs products actually solved "Real Problems" - Answer
, Core tenants of the "Where Good Ideas Come From" video you watched by Steven Johnson are
which of the following (pick all that apply): - Answer A "connected" world provides access to
piece's of information from others to help develop ideas
Ideas evolve over time
Thomas from Shark Tank video was (Pick all that apply) - Answer Participated in UH Red Labs
program,
A UH student
Joy Ride as discussed in the video offered services for which set of customers? - Answer Offers
customers rides to dorms/sorority houses
"Scrabble" is the acronym to use each letter to come up with new ideas - Answer false
When an idea "Delivers value" as discussed is? - Answer When a customer determines what
they paid was worth the product/service they received
If you want to validate intonation on an idea you have for a new fishing lure, which of the
following places is the "best" to do customer interviews? - Answer The annual Boat and RV
show
During customer discovery you determine most people agree with your problem identification
but are not willing to pay to the have the "problem" solved this means there is no market for
the product/solution you envisioned. - Answer true
Which is the order to validate information with customers? - Answer Product, Market,
Solution
Which of the following would be a "good" customer discovery question for Stitch Fix For Dogs
Idea? - Answer What activities do you do with your dog?
What is a the "best" reason to do market research before bringing your product/service to
market? - Answer Increase your chances of success when you go to market
Focus groups provide reliable customer feedback? - Answer False
Answers Rated A+.
The goal of this course is to make all students "experts: in entrepreneurship by the time the
course is over? - Answer false
Which of the following was NOT an example from the dormant networks video that discussed 3
degrees of influence? - Answer Alcoholism
When Networking it is better to make more statements than it is to ask questions? - Answer
false
Scalable efficiency, in an automobile manufacturing company would be: - Answer A worker
assembles a specific part of the car and the car moves to the next worker
Who bears the financial risk is the key difference between and entrepreneur and intrapreneur? -
Answer true
What was the difference discussed between a "Business Owner" and an "Entrepreneur"? -
Answer Attitude
What was the product "idea" discussed realting to having an "idea"? - Answer de-Toaster
Which one did Professor Wilbur's company use as a catalyst for opportunity? - Answer
Regulatory Change
Observing a customer solve a problem is "better" than talking to (interviewing) the customer
about how they solved the problem? - Answer True
Why did Wii discover families not playing video games together? - Answer Controllers were
"too complicated" for most adults to use
According to Professor Wilbur, Kimmel Labs products actually solved "Real Problems" - Answer
, Core tenants of the "Where Good Ideas Come From" video you watched by Steven Johnson are
which of the following (pick all that apply): - Answer A "connected" world provides access to
piece's of information from others to help develop ideas
Ideas evolve over time
Thomas from Shark Tank video was (Pick all that apply) - Answer Participated in UH Red Labs
program,
A UH student
Joy Ride as discussed in the video offered services for which set of customers? - Answer Offers
customers rides to dorms/sorority houses
"Scrabble" is the acronym to use each letter to come up with new ideas - Answer false
When an idea "Delivers value" as discussed is? - Answer When a customer determines what
they paid was worth the product/service they received
If you want to validate intonation on an idea you have for a new fishing lure, which of the
following places is the "best" to do customer interviews? - Answer The annual Boat and RV
show
During customer discovery you determine most people agree with your problem identification
but are not willing to pay to the have the "problem" solved this means there is no market for
the product/solution you envisioned. - Answer true
Which is the order to validate information with customers? - Answer Product, Market,
Solution
Which of the following would be a "good" customer discovery question for Stitch Fix For Dogs
Idea? - Answer What activities do you do with your dog?
What is a the "best" reason to do market research before bringing your product/service to
market? - Answer Increase your chances of success when you go to market
Focus groups provide reliable customer feedback? - Answer False
