Prelims - Quiz 1 and 2

Question 1

___________ is the process of merging technology with entrepreneurship to create innovate business solutions

Answer 1

Technopreneurship

Question 2

In technopreneurship, technology is the enabler, entrepreneurship is the driver, and technopreneurship is the ______________.

Answer 2

Outcome

Question 3

A ______________ is an entrepreneur who leverages technology to create and manage a business.

Answer 3

Technopreneur

Question 4

A breakthrough innovation that changes the way industries operate, often making existing solutions obsolete is considered _____________.

Answer 4

Disruptive

Question 5

A ____________________ simplified version of a product used to treat market response.

Answer 5

Minimum Viable Product

Question 6

________________ is the ability of a business to grow its revenue without a significant increase in costs.

Answer 6

Scalability

Question 7

Technopreneurship contributes to ______________ by creating new job opportunities and driving the economic progress

Answer 7

Economic Growth / Job Creation

Question 8

The Technology readiness Level (TRL) is a system used to assess the _______________ of a technology from conceptual development to full development.

Answer 8

Readiness / Maturity

Question 9

The TRL scale Consists of _______________ Levels, ranging from basic principles to full commercial application

Answer 9

9

Question 10

at TRL 4, a technology has been validated in a _______________ environment, but not yet in the real-word conditions

Answer 10

Controlled

Question 11

A possible customer is someone who has potential ________________ for a product or service but has not yet made a purchase.

Answer 11

Need / Interest

Question 12

One of the first steps in identifying possible customers is conducting ______________ to understand their needs and pain points

Answer 12

Market Research / Validation

Question 13

A value proposition is a clear statement that explains how a product solves a ________________ and why it is better than competitors.

Answer 13

Problem / Pain points

Question 14

_________________ is the reason why customers should choose a product or technology.

Answer 14

Value Proposition

Question 15

In technology adoption, pain points refer to a specific ________________ that slows down or prevent the successful implementation of new innovations.

Answer 15

Challenges / Problems

Question 16

A common challenge for sustainable construction technologies is the _______________ pain point, as eco -friendly materials may be more expensive

Answer 16

Financial

Question 17

Cutting-edge technologies often require specialized skills for development, implementation, and maintenance. Lack of ________________ slow progress

Answer 17

Skilled / Train Workforce

Question 18

A smart drainage system at TRL 7 has been tested in realistic field conditions but it is not yet ____________ for widespread adoption

Answer 18

Certified

Question 19

________________ refers to the ability of an individual or organization to adopt and use new technologies effectively.

Answer 19

Technology Readiness / Adaptability

Question 20

The ability to handle uncertainty and take __________________ is an essential trait of successful technopreneurs

Answer 20

risks

Question 21

Validation is the process of testing whether an idea , or service meets _______________

Answer 21

Market Needs

Question 22

The ______________ follows a continuous cycle of planning, creating, and revising.

Answer 22

Agile Model

Question 23

A __________ organizational structure has fewer management levels, making it flexible but difficult to scale.

Answer 23

Flat

Question 24

A major challenge in teams is _________________, which can be solved by defining responsibilities.

Answer 24

Role Ambiguity

Question 25

The ________________ helps teams navigate challenges and uncertainty by evaluating the stages of emotions that people go through change

Answer 25

Change Management Curve

Question 26

The _________________ handles branding and customer engagement.

Answer 26

Chief Marketing Officer

Question 27

________________ is used to check customer interest before product development.

Answer 27

Landing Page Testing

Question 28

The _________________ suggest leaders should adapt based on their team's readiness

Answer 28

Situational Leadership Model

Question 29

The _________________ outlines the five stages of team development.

Answer 29

Tuckman's Model

Question 30

One-day Validation approach is important because it helps reduce time and resources spent on weak ideas and encourage ______________

Answer 30

Lean Innovation

Question 31

Enumerate at least five tools or techniques used in One-day Validation

Answer 31

1. Landing Page Testing 2. Social Media Polls and Ads 3. Customer Interviews and Surveys 4. Prototyping Tools 5. A/B Testing and Heatmaps

Question 32

Enumerate the 5 dysfunction of a team according to Patrick Lencioni

Answer 32

1. Absence of Trust 2. Fear of Conflict 3. Lack of commitment 4. Avoidance of accountability 5. inattention of results

Question 33

Enumerate the key steps in One-Day Validation

Answer 33

1. Identify the problem and Hypothesis 2. Create a simple prototype or MVP 3. Engage with real users 4. Analyze results 5. pivot, if necessary

Question 34

List the 5 stages of Tuckman's Model of team development

Answer 34

1.Forming 2. Storming 3. Norming 4. Performing 5. Adjourning

Question 35

Enumerate the 6 stages of Change Management Curve

Answer 35

1.Denial 2. Anger 3. Bargaining 4. Depression 5. Acceptance 6. Meaning

Question 36

State the cycle of the agile team development

Answer 36

1. Meet 2. Plan and Design 3. Create and Test 4. Release 5. Revise