UGRD-ITE6301 Technopreneurship

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4. Week 6-7: Conducting a Feasibility Analysis and Crafting a Winning Business Plan
5. Midterm Quiz 1

Started on Monday, 20 June 2022, 9:01 PM

State Finished
Completed on Monday, 20 June 2022, 9:28 PM
Time taken 26 mins 58 secs
Marks 25.00/25.00
Grade 100.00 out of 100.00
Question 1
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Question text
What Lenders and Investors  Look for in a Business Plan?

Select one:

collateral

all of the choices

Conditions

Character
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Question 2
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Question text
which of the following is/are the Elements of a Feasibility Analysis?

Select one:

Financial Feasibility

Industry and
 Market Feasibility

Product or
 Service Feasibility

all of the above

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Question 3
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Question text
The switching costs to competitors is high and their numbers is large.

Select one:

Suppliers

Rivalry
Buyers

New Entrants
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Question 4
Correct
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Question text
which of the following is/are the Elements of a Business Plan?

Select one:

Marketing Strategy

all of the above

Competitor Analysis

Description of the Firm’s Product or Service

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Question 5
Correct
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Question text
The qualification of the founders and/or key employees and the key financial highlights.
Select one:

Business and Industry  Profile

Business Strategy

Executive Summary

Marketing Strategy
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Question 6
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Question text
They sell a commodity  product to the companies in it.

Select one:

New Entrants

Suppliers

Rivalry

Buyers
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Question 7
Correct
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Question text
Advantages of economic scale are not present and the capital requirements to enter are
low.

Select one:

Suppliers

Rivalry

New Entrants

Buyers
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Question 8
Correct
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Question text
which of the following is/are the Elements of a Business  Plan?

Select one:

Title Page and Contents

Executive Summary

Vision and Mission Statement

all of the above
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Question 9
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Question text
which of the following is/are the Elements of Marketing Strategy?

Select one:

Distribution

all of the above

Pricing

target market
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Question 10
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Question text
Overview of industry or market segment.

Select one:
Executive Summary

Marketing Strategy

Business and Industry  Profile

Business Strategy
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Question 11
Correct
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Question text
which of the following is/are the Elements of Marketing Strategy?

Select one:

Market Size and trend

Location

all of the above

Advertising
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Question 12
Correct
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An original, functional model of a new  product that entrepreneurs can put into the  hands
of potential customers so they can see it, test it and use it.

Select one:

prototype

questionnaire

trial

research
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Question 13
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Proving that a profitable market exists by showing customer interest and documenting
market claims.

Select one:

Executive Summary

Business and Industry  Profile

Business Strategy

Marketing strategy
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Question 14
Correct
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Question text
A written summary of an entrepreneur’s proposed business  venture, its operational and
financial details, its marketing  opportunities and strategy, and its managers’ skills and
abilities.

Select one:

Marketing Strategy

Business Model

Business Strategy

Business Plan
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Question 15
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Question text
The company’s business model and basis for  competitive edge.

Select one:
a.
Executive Summary

b.
Marketing Strategy

c.
Business and Industry  Profil

d.
Business Strategy
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Question 16
Correct
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Existing or anticipated profitability of the industry.

Select one:

Business Strategy

Marketing Strategy

Business and Industry  Profile

Executive Summary
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Question 17
Correct
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The process of determining  whether an entrepreneur’s idea is  a viable foundation for
creating a  successful business.

Select one:

Business strategy

Feasibility Analysis

Marketing Strategy

Business Plan
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Question 18
Correct
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Question text
Quality _____ products are not readily available and the prices of which are not lower.

Select one:

substitute

Rivalry
buyers

suppliers
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Question 19
Correct
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Question text
The company’s target markets and the benefits its product or service will provide.

Select one:

Business and Industry  Profil

Marketing Strategy

Executive Summary

Business Strategy
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Question 20
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Question text
Number of competitors is large or few (less than 5).

Select one:
New Entrants

Rivalry

Buyers

Suppliers
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Question 21
Correct
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Description of production process, strategic raw materials,  sources, costs.

Select one:

Executive Summary

Business and Industry  Profile

Business Strategy

Description of Product or  Service

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Question 22
Correct
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Question text
What Lenders and Investors  Look for in a Business Plan?

Select one:

Collateral

Capacity

all of the above

Capital
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Question 23
Correct
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Question text
which of the following is/are the Elements of a Business  Plan?

Select one:

all of the above

Plan of Operation
Description of Management Team

Pro Forma Financial Statements

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Question 24
Correct
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Question text
which of the following is/are the Elements of a Business  Plan?

Select one:

Company History

all of the above

Business Strategy

Business and Industry Profile

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Question 25
Correct
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Question text
Company’s general business goals and the company’s immediate objectives.

Select one:

Executive Summary

Business and Industry  Profile

Marketing Strategy

Business Strategy
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