The design thinking process is highly focused on using secondary research to develop solutions to problems. True or False
Business and Entrepreneurship Review

Flashcard
•
Business
•
9th Grade
•
Hard
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61 questions
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1.
FLASHCARD QUESTION
Front
Back
False
2.
FLASHCARD QUESTION
Front
You have a cleaning company. You raised $10,000 from investors to get started. After three months, you have $7,450. What is your burn rate and current runway?
Back
$850 and about nine months of expenses covered.
3.
FLASHCARD QUESTION
Front
Who finds and invests resources to form the company and help it succeed?
Back
Founder
4.
FLASHCARD QUESTION
Front
A fixed cost has the same value each time it is incurred.
Back
True
5.
FLASHCARD QUESTION
Front
The design thinking process aims to develop a product based on the designer's needs.
Back
False
6.
FLASHCARD QUESTION
Front
Value engineering changes the purpose of the product.
Back
False
7.
FLASHCARD QUESTION
Front
Taking on business debt is a requirement for entrepreneurship.
Back
False
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