ENTREPRENEURSHIP

ENTREPRENEURSHIP

12th Grade

80 Qs

quiz-placeholder

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ENTREPRENEURSHIP

ENTREPRENEURSHIP

Assessment

Quiz

Other

12th Grade

Practice Problem

Hard

Created by

Aljean Pancho

Used 16+ times

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80 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

The _________________ conceptualizes and designs a product that consumers find some use for.

creative mind

technical mind

business mind

magical mind

2.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

It is the technology originator.

magical mind

creative mind

business mind

technical mind

3.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

It harnesses the potentials of new products by creating the market space for them.

technical min

business mind

magical mind

creative mind

4.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

The two processes allowed the entrepreneurs to conclude that except:

there was a good demand for the product

the product could be improved by lessening the oil, enhancing the taste, and coming up with a better package

the product could not be improved by lessening the oil, enhancing the taste, and coming up with a better package

customers could buy a bigger volume if the prices were lower:

5.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

From the taste test and interviews of FGO buyers, the entrepreneurs plunged into the product development stage. This consisted of three parts except:

Preliminary Testing

Standardization of the Production Process

Establishment of Specifications for the Product

Final Testing

6.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

The third phase of product development involved the standardization of the entire food preparation and cooking process.

Standardization of the Production Process

Establishment of Specifications for the Product

Preliminary Testing

Final Testing

7.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

the entrepreneurs consulted food experts and read the literature on food processes.

Preliminary Testing

Final Testing

Establishment of Specifications for the Product

Standardization of the Production Process

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