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Английский язык в профессиональной деятельности.фтехп_БАК_[38.03.02] Технологическое предпринимательство(1)

Английский язык в профессиональной деятельности.фтехп_БАК_[38.03.02] Технологическое предпринимательство(1)

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60 вопросов Вариант 1 Доступ 7 дней
Содержание теста

Вопросы и варианты

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Вопрос 1

The ability or capacity of a firm to earn a profit. While it may seem obvious, the best way to ensure profitability is for your firm to always earn more than it spends, since every dollar of expense is one less dollar of profit is called___________

  1. Revenue
  2. Solvency
  3. Profitability
  4. Liquidity
Вопрос 2

Building a business based on the customer and not based on the product or service you want to sell onto the market is called________-

  1. Building end user profile
  2. Niche market
  3. Quantify value proposition
  4. Lean start up: pivot
Вопрос 3

Formal, articulated, codified, accessed and verbalized –are typical characteristics of _____________-

  1. Niche market
  2. Business model
  3. Explicit knowledge
  4. Forecast
Вопрос 4

A technology with a person behind, which the customer does or does not see, fake or mock up a product, online advertisement, non-functional landing page (sell before, build later), target customer interviews (does not always get them to action) and remember that entrepreneur's job is not to build a product but to de-risk the components of the business model is called______________

  1. Lean start-up Concierge MVP
  2. Lean start-up method
  3. Lean start-up Scientific Approach
  4. Lean start up: line in the sand
Вопрос 5

The situation when start-up entrepreneurs often begin with a reality distortion field is called______________

  1. Failure of start-ups
  2. Causation (planning/travelling)
  3. Friends and family
  4. Sigmoid curve (s)
Вопрос 6

Experiment with business model, select successful one and communicate to stakeholders/investors that you are experimenting is called__________-

  1. Creativity concepts for idea creation: serendipity principle
  2. Business model innovation in start-up phase
  3. New venture teams
  4. Pilot in the plane principle
Вопрос 7

Creating an innovative technology does not necessarily lead to the creation of a new business opportunity either inside an existing business or externally implies _____________

  1. Technology Entrepreneurs' Characteristics
  2. High risk also means high risk of failure
  3. Technology and Competitive Advantage
  4. Technology innovation and business model
Вопрос 8

Casual reasoning which focuses on return, effectual reasoning focusses on affordable loss. Casual reasoning depends upon competitive analysis, effectual reasoning is built upon strategic partnership is called

  1. Market testing
  2. Causal vs effectual reasoning
  3. Concept of simple structure
  4. Personal resources (2 types)
Вопрос 9

Plan that matches short-term and long-term goals with specific tech solutions to help meet those goals. It applies to a new product or process or emerging technology is called______-

  1. Market Testing
  2. Venture Teams
  3. Network effects
  4. Technology Road-Maps
Вопрос 10

A financial plan is based on assumptions about sales (per customer, number customers, etc.), about costs of doing business, about timing of cash receivables and payables, about starting value of cash and assets (balance sheet) is called_________--

  1. Market Testing
  2. Forecast
  3. Network Effects
  4. Niche Market
Вопрос 11

Company serving multiple customers with the same product is called________

  1. Demand-pull opportunity
  2. Target marketing
  3. Multi-sided market
  4. Niche market
Вопрос 12

What facilitates conversion of explicit knowledge to tacit knowledge. (internalization phase)

  1. Interacting Ba
  2. Cyber Ba
  3. Originating Ba
  4. Exercising Ba
Вопрос 13

Scientific approach which has a hypothesis and tests it empirically, quickly and cheaply is called_______________

  1. Lean start up steps:
  2. Second approach to finding opportunity
  3. Lean start-up scientific approach
  4. Lean start up: pivot
Вопрос 14

How do technology entrepreneurs differ from other categories of entrepreneurship?

  1. Technology Entrepreneurs' Characteristics
  2. Technology entrepreneurs do not follow traditional prescriptive models of strategy development and business initiation.
  3. Characteristics of new ventures which gives them high potential
  4. When do you need to create a technological venture
Вопрос 15

Lack of financial history and uncertainty of meeting business plan makes investors seek another way to determine value is called_________________

  1. Market forces (customer Segments)
  2. Milestone methods (Berkus Model)
  3. Market testing
  4. Relative valuation (quick and dirty way)
Вопрос 16

Engineers drive technological entrepreneurship, as inventors, researchers, designers, and as managers thus their role can be identified as_____________________

  1. Technology Entrepreneurs' Characteristics
  2. When do you need to create a technological venture
  3. The role of the Engineer in Entrepreneurship
  4. Reason for using external innovation
Вопрос 17

_________ is a technology innovation which either fills an existing unmet demand or offers a way to provide a significant improvement over current solutions.

  1. Entrepreneurship
  2. Disruptive innovation
  3. Technology entrepreneurs
  4. Technological entrepreneurship
Вопрос 18

________ create a new value for their customers, have a significant level of technology understanding which is difficult to replicate and can often be protected (patented) and have a high level of initial risk which can be translated into high levels of return.

  1. Traditional entrepreneurs and technological entrepreneurs
  2. When do you need to create a technological venture
  3. New ventures
  4. Which strategies can be used to stimulate technological entrepreneurship
Вопрос 19

________ is the process of starting a new business, based on innovative technology that has the potential to become a profitable leader in attractively sized global markets.

  1. Technological Entrepreneurship
  2. Technology innovation and business model
  3. Issues of technological entrepreneurship
  4. High risk also means high risk of failure
Вопрос 20

_____ are creation of an entrepreneurship environment, entrepreneurship training, mentoring, coaching, seed funding, and investments (human, financial and knowledge capital).

  1. Technology innovation and business model
  2. Characteristics of new ventures
  3. Technological venture
  4. Strategies to stimulate technological entrepreneurship
Вопрос 21

____ is when only 1 in 6 million tech business ideas ends up with an IPO, 60% of tech firms funded by VCs go bankrupt.

  1. High risk
  2. Technology Entrepreneurs' Characteristics
  3. What is technological entrepreneurship
  4. Technology innovation and business model
Вопрос 22

Process of planning, organizing, operating and assuming the risk of a business venture is called_________

  1. Innovation
  2. Entrepreneurial World View
  3. Entrepreneurship
  4. Venture Capital (VC)
Вопрос 23

The situation when suppliers may delay invoicing or receiving payment from small companies to retain business and help through early stage is called___________

  1. Market testing
  2. Supplier funding
  3. Bank loans
  4. Disruptive innovation
Вопрос 24

At early stages there are no historical financial performances on which to base value of company through conventional accounting methods. But a value must be found with an equity investor to know how much % to sell. What would you call it?

  1. Steps of building financial plan: Cash flow cycle
  2. Steps of building financial plan: Valuation
  3. Steps of building financial plan: Cash flows
  4. Steps of building financial plan: Cost forecast
Вопрос 25

Method to get away from solution-centeredness that founders have and reconnect with customer is called_____________

  1. Lean start-up Minimum Viable Product.
  2. Lean start-up minimum viable product.
  3. Lean start-up method
  4. Lean start up: line in the sand
Вопрос 26

_________________arises due to customer need or problem

  1. Niche market
  2. Demand-pull opportunity
  3. Intech
  4. Second approach to finding opportunity
Вопрос 27

Interaction in a virtual world instead of real space and time is called_________--

  1. Interacting Ba
  2. Business Model
  3. Exercising Ba
  4. Cyber Ba
Вопрос 28

Absolute smallest amount of features that can deliver core of solution is called________-

  1. Technology Road-Maps are important for?
  2. Steps of building financial plan: Valuation
  3. Lean start-up Minimum Viable Product.
  4. Lean start-up method
Вопрос 29

Implementation of new or improved product/service, process, marketing method or organizational method is called____________

  1. Market Testing
  2. Business Model
  3. Innovation
  4. Entrepreneurship
Вопрос 30

This represents discontinuous growth. Start a new S curve while the previous S curve is on its peak. This can be hard when things are going really well, although that it the time to change. What would you call it?

  1. Failure of start-ups
  2. Sigmoid curve (S)
  3. Preferred witness
  4. Venture capital (vc)
Вопрос 31

Regulations can vary from country to country. FDA can be major hurdle in getting new foods, pharmaceutical and medical devices into market (overseas market entry can help overcome US regulations). FTC regulations on electronics can be major hurdle (issues like bandwidth availability, RF emissions, interference, safety, etc.). Regulations often don't keep up with technology advancements. What would you call it?

  1. Regulatory issues
  2. Bank loans
  3. Intech
  4. Market testing
Вопрос 32

Patents, copyrights, trademarks and trade secrets are_______________

  1. Steps to a business model canvas
  2. Forms of intellectual property
  3. Failure of start-ups
  4. Steps of building financial plan: depreciation
Вопрос 33

Part of new product development process such as ideation, idea generation and mobilization phase is called_____________

  1. Venture teams
  2. Network effects
  3. Multi-sided market
  4. Intech
Вопрос 34

Point at which a given output results in neither profit or loss. Total sales equal total cost. This helps entrepreneurs know whether a certain volume will result in profit or loss and to know the minimum volume to be profitable. Fixed cost = (sales price - variable cost) * units sold. Q = (fixed costs)/(sales price - Variable costs) What would you call it?

  1. Technology Road-Maps are important for?
  2. Socio-Psychological Team characteristics
  3. Patent classifications
  4. Steps of building financial plan: Break even
Вопрос 35

What would you call a situation when the majority of new businesses start with personal funds

  1. Market testing
  2. Lemonade principle
  3. Bank loans
  4. Personal funding
Вопрос 36

Many loans have conditions that come with them, these are tied to certain milestones that company must accomplish. What is this?

  1. Personal funding
  2. Sustainable value
  3. Bank loans
  4. Target marketing
Вопрос 37

Improvements of price/performance ratio at pace consistent with current trajectory are called____________

  1. Market testing
  2. Intech
  3. Incremental innovation
  4. Tacit knowledge
Вопрос 38

Lead investors come up with deals, undertake due diligence (detailed investigation of company, after term sheet is agreed), negotiate terms (non-binding agreement to invest) and take board seats. Funding occurs in rounds, according to stage of development. What would you call it?

  1. Equity investments
  2. Crazy quilt principle
  3. Private equity deals
  4. New venture teams
Вопрос 39

Set of assumptions about how a firm will create and capture value for all its stakeholders is called___________

  1. Market testing
  2. Bank loans
  3. Milestone methods (berkus model)
  4. Business model
Вопрос 40

_________________involves a new technology or competence

  1. Business model
  2. Demand-pull opportunity
  3. Second approach to finding opportunity
  4. Knowledge-push opportunity
Вопрос 41

Mostly personal savings, bank loans, family, mortgaged property, friends, state/federal and venture capital are called____________

  1. Funding a start- up
  2. Friends and family
  3. Market Forces (Customer segments)
  4. Effectuation logic
Вопрос 42

Instead of trying to anticipate surprise, avoid it: overcome it or adapt to it, think about contingent events, information and meetings as new resources that you can add to your existing means. What is this?

  1. Lemonade principle
  2. Bird in hand Hand principle
  3. Preferred witness
  4. Lean start-up concierge mvp
Вопрос 43

The tendency of past or traditional practice/preference to continue even if better alternatives are available is called____________

  1. Network effects
  2. Path dependency
  3. Failure of start-ups
  4. Lean start-up method
Вопрос 44

Looking at problems and trying to solve them in a creative manner is called_________

  1. Lean start-up minimum viable poduct.
  2. Trend 5 (oberserving trends to find opportunity): Markets
  3. Demand-pull opportunity
  4. Second approach to finding opportunity
Вопрос 45

_______________ means how protectable it is and how free it is operated

  1. Bank loans
  2. Knowledge-push opportunity
  3. Sustainable value
  4. Quantify value proposition
Вопрос 46

Creating value a long a different dimension from existing offerings and subsequently disrupt the incumbent companies, business and markets implies___________

  1. Quantify value proposition
  2. Entrepreneurship
  3. Disruptive innovation
  4. Business model
Вопрос 47

New tech innovations which require compatibility, meeting existing standards and satisfying government regulations imply__________

  1. Creativity concepts for idea creation: serendipity principle
  2. Competing values framework
  3. Relative valuation (quick and dirty way)
  4. Compatibility, standards and regulations and IP
Вопрос 48

Ambiguity vs Planning, Creativity vs Discipline, Urgency vs Patience, Flexibility vs Organization structure, Responsiveness vs Systematic processes, Risk taking vs Controlled risk and Short term actions vs Long term goals. What would you call it?

  1. Entrepreneurs learn to balance
  2. Entrepreneurship
  3. Entrepreneurial world view
  4. Effectuation (trading/path finding)
Вопрос 49

All 4 principles (bird in hand, affordable loss, crazy quilt and lemonade) are put together are called_______________

  1. Bird in hand Hand principle
  2. Creativity concepts for idea creation: serendipity principle
  3. Pilot in the Plane principle
  4. Entrepreneurial world view
Вопрос 50

Logic of thinking, discovered through scientific research, used by expert entrepreneurs to build successful ventures is called____________ Effectuation (trading/path finding)

  1. Effectuation logic
  2. Angel investors
  3. Organizational culture
Вопрос 51

Person who has enough experience and knowledge of a market of industry to be able to give you an insider's view of what concerns, motivates or deters a potential customer or partner is called________________

  1. Forecast
  2. Preferred witness
  3. Entrepreneur
  4. Niche market
Вопрос 52

Having a pre-set goal of where you announce your hypothesis to be supported is called__________

  1. Lean start-up method
  2. Pilot in the plane principle
  3. Lean start-up minimum viable product.
  4. Lean start up: Line in the sand
Вопрос 53

Individuals who undertook the risk of a new enterprise are called_____________

  1. New Venture Teams
  2. Preferred Witnesses
  3. Entrepreneurs
  4. Angel Investors
Вопрос 54

Strategy to focus on specific segment of market and prepare a plan for each segment is called_______________

  1. Bank loans
  2. Government financing
  3. Target marketing
  4. Niche market
Вопрос 55

Align value proposition with the persona's priorities, set up a comparison between current state and possible state (keep it clear: under promise, over deliver) is called_________

  1. Angel investors
  2. Competing values framework
  3. Quantify value proposition
  4. Absolute valuation:
Вопрос 56

Market segments, needs and demands, market issues, switching costs and revenue attractiveness are called____________

  1. Macro-economic forces (cost structure and revenue streams)
  2. Personal Resources (2 types)
  3. Market Forces (Customer segments)
  4. Market testing
Вопрос 57

The situation when culture and economy are switching away from a focus on a relatively small number of hits at the head of the demand curve and towards a huge number of niches in the tail is called___________

  1. Milestone methods (Berkus model)
  2. Long tail phenomenon
  3. Failure of start-ups
  4. Quantify value proposition
Вопрос 58

Skills, ideas and experiences that people have in their minds are called_______________

  1. Niche market
  2. Business model
  3. Tacit knowledge
  4. Lean start-up concierge mvp
Вопрос 59

Where tacit knowledge is made explicit, it represents the externalization process. (externalization phase) What is this?

  1. Cyber Ba
  2. Excersicing Ba
  3. Interacting Ba
  4. Originating Ba
Вопрос 60

Questioning, observing, networking, experimenting and associative thinking are __________

  1. Incremental innovation
  2. Intech
  3. Creativity skills
  4. New venture teams