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Entrep Midterm Exam

Authored by Graziel Garcia

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University

Used 5+ times

Entrep Midterm Exam
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21 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

Patent class that protects the way something looks as opposed to the way it operates.

utility patent

design patent

plant patent

industrial patent

2.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

Also known as Secrecy or Non-disclosure agreement and it specifically provides that a signer the idea to anyone.

security agreement

memorandum of agreement

written contract

confidentiality agreement

3.

FILL IN THE BLANK QUESTION

1 min • 2 pts

It is a trademark that is usually a common word that is used in a meaningless context.

4.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

TRUE or FALSE: It is about coming up with innovative ideas and converting them into value-creating profitable business activities.

TRUE

FALSE

5.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

It represents the creative process of generating, developing, and communicating new ideas, where an idea is understood as a basic element of thought that can be either visual, concrete, or abstract.

ideation

innovation

creativity

gap analysis

6.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

The term of protection of works under copyright covers the lifetime of the author and how many years after the author's death.

65 years

60 years

50 years

55 years

7.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

A pricing method in which the fixed amount or the percentage of the cost of the product is added to the product’s price to get the selling price of the product

Mark-up pricing

Cost-plus pricing

Demand-based pricing

Competitive pricing

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