Week 2 Quiz: Explore Chapters 3 and 4 with 10 Questions

Week 2 Quiz - Chapters 3 and 4  Due Jan 15 at 9am  Points 35  Questions 10  Available after Dec 31, 2023 at 12am  Time Limit 60 Minutes  Allowed Attempts 3 Instructions This quiz consists of 10 multiple-choice questions from Chapters 3 and 4. There is a one-hour time limit and you have three attempts. The highest score will count toward your grade. Take the Quiz Again Attempt History

Attempt Time Score LATEST Attempt 1 30 minutes 28 out of 35 Correct answers are hidden. Score for this attempt: 28 out of 35 Submitted Jan 4 at 12:55am This attempt took 30 minutes. Question 1 4 / 4 pts Good codes of ethics reflect the passions of the founder, the culture of the firm, and three classes of ethical standards found in research on existing codes of ethics. Which of the following is not one of the three classes of ethics? employees should be dependable organizational citizens  show your concern for the environment or natural resources do not do anything that will harm the organization be good to customers Question 2 4 / 4 pts The sum total of forces outside of an entrepreneur and a firm is called the environment.  general environment. task environment.

external relations. Question 3 4 / 4 pts By efficiently managing external relations, small businesses typically aim at creating economies of scale.  social capital. opportunity costs. skills inventory. Incorrect Question 4 0 / 4 pts Patents, trademarks, ideas, copyrights, and licenses are all types of resources considered ________ according to the PROFIT acronym. property  technological intellectual financial No. Refer to Chapter 3 of your textbook.

Your preview ends here

Eager to read complete document? Join bartleby learn and gain access to the full version

Access to all documents
Unlimited textbook solutions
24/7 expert homework help

Question 5 4 / 4 pts In the SCAMPER tool, "S" stands for strategize.  substitute. submit. solicit. Question 6 3 / 3 pts Which of the following answer options is not a product-based legitimacy indicator? customer service certifications  physical setting testimonials Incorrect Question 7 0 / 3 pts ________ is a payment to a licensor based on the number or value of licensed items sold.  Retail arbitrage

Freemium Royalty Conversion rate No. Refer to Chapter 4 of your textbook. Question 8 3 / 3 pts When using the four-step process for organizing creative thinking, which step involves ideas beginning to flow? preparation  illumination incubation verification Question 9 3 / 3 pts ________ is a process of producing an idea or opportunity that is novel and useful, frequently derived from making connections among distinct ideas or opportunities. Brainstorming  Creativity

Opportunity recognition Radical innovation strategy Question 10 3 / 3 pts Which of the following is not one of the five pitfalls that hinder innovation? judging ideas too quickly obeying rules that do not exist failing to act  hiring the wrong people

Your preview ends here

Eager to read complete document? Join bartleby learn and gain access to the full version

Access to all documents
Unlimited textbook solutions
24/7 expert homework help

Quiz 2-3 small b

Related Documents