Technopreneurship MCQs

What is technopreneurship?

• Traditional entrepreneurship with no technology focus

• Entrepreneurship that leverages technology to innovate and disrupt markets

• Only about selling tech products

• A government initiative for startups

Which of the following is a key characteristic of a technopreneur?

• Avoids risks at all costs

• Relies solely on government funding

• Uses technology to solve problems creatively

• Focuses only on short-term profits

The term "disruptive innovation" in technopreneurship refers to:

• A technology that improves existing products incrementally

• A new technology that completely changes market dynamics

• A failed startup idea

• A traditional business model

Which of these is an example of a technopreneurial venture?

• A local grocery store

• A software startup like Slack or Zoom

• A traditional manufacturing company

• A government-run telecom company

The Lean Startup Methodology emphasizes:

• Heavy upfront investment before validating ideas

• Building a Minimum Viable Product (MVP) to test the market

• Avoiding customer feedback until the product is perfect

• Only targeting large enterprises

Which funding source is NOT typically used by technopreneurs?

• Venture Capital (VC)

• Bootstrapping

• Crowdfunding

• Traditional bank loans (without innovation focus)

Angel investors are:

• Only interested in large corporations

• High-net-worth individuals who invest in early-stage startups

• Government grants for tech businesses

• A type of crowdfunding platform

A freemium business model means:

• The product is always free

• Basic features are free, but premium features require payment

• Only enterprises pay for the product

• The product is sold at a fixed price

Exit strategies for technopreneurs may include:

• Mergers & Acquisitions (M&A)

• Initial Public Offering (IPO)

• Shutting down the business

• All of the above

Venture Capital (VC) firms typically invest in:

• Only established businesses

• Startups with high growth potential

• Only non-tech businesses

• Government projects