Essentials of Entrepreneurship Thinking Action Answer Of Coursera Quiz. In this post you will get Correct Quiz Answer of Essentials of Entrepreneurship Thinking Action

 

Essentials of Entrepreneurship Thinking Action Answer

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Week- 1

Review

 

1.
Question 1
The four pillars of entrepreneurship include (select 4):

1 point

  • Independent Ventures
  • Partnership Ventures
  • Corporate Ventures
  • Non-Profit Ventures
  • Charitable Ventures
  • Social Ventures
  • Family Ventures

2.
Question 2
Entrepreneurs engage in the following two types of opportunity evaluation (select 2):

1 point

  • Personal Evaluation
  • Business Evaluation
  • Risk Evaluation
  • Feasibility Study
  • Market Study

3.
Question 3
As we overcome ___________________, we begin to understand that an opportunity exists for someone (3rd person).

1 point

  • Uncertainty
  • Ignorance
  • Fear
  • Doubt

4.
Question 4
As we overcome ______________________, we begin to understand that an opportunity exists for ourselves (1st person).

1 point

  • Uncertainty
  • Ignorance
  • Fear
  • Doubt

 

 

Week- 2

Review

 

1.
Question 1
Which of the following financial statements MUST be in the feasibility study? (select 2)

1 point

Cash Flow Statement

Income Statement

Balance Sheet

Statement of Retained Earnings

2.
Question 2
The cash flow statement should use the following unit of time measurement:

1 point

Annual

Monthly

Quarterly

Weekly

3.
Question 3
Break Even is shown on which statement?

1 point

Cash Flow Statement

Income Statement

Balance Sheet

Statement of Retained Earnings

4.
Question 4
Financial projections are typically prepared for:

1 point

1 Year

3 Years

5 Years

10 Years

5.
Question 5
______________ shows when the investment of funds into the venture have been recuperated.

1 point

Operating Break-Even

Investment Break-Even

Dividends

Net Profit

6.
Question 6
______________ shows how much business must be generated on a monthly basis for a business to make neither a profit nor a loss.

1 point

Operating Break-Even

Investment Break-Even

Dividends

Net Profit

 

 

 

Week- 3

Review

1.
Question 1
Leadership primarily affects a change in ______________, while management primarily affects a change in _________________.

1 point

Finance, Marketing

Direction, Resources

Vision, Goals

Possibilities, Outcomes

2.
Question 2
The following are components of Marketing Strategy: (select 4)

1 point

Segmentation

Differentiation

Price

Targeting

Promotion

Positioning

Place

Service / Product

3.
Question 3
The following are components of Marketing Mix: (select 4)

1 point

Segmentation

Differentiation

Price

Targeting

Promotion

Positioning

Place

Service / Product

4.
Question 4
Human Resources must concern themselves with:

1 point

Company Culture

Evaluation

Retention

Compliance

All of the above

None of the above

5.
Question 5
To keep an eye on essential information entrepreneurs often use a:

1 point

Dashboard

Consultant

Accountant

Partner

Smartphone App

 

 

Week- 4

Review

 

1.
Question 1
Among the first steps in formally starting a venture are:

1 point

Choosing a name.

Incorporation.

Opening a bank account.

Hiring employees.

Hiring an accountant.

2.
Question 2
In some legal systems, the following legal structure can exist automatically the moment one conducts business:

1 point

S-Corp

L-Corp

LLC

LLP

Sole Proprietorship

3.
Question 3
Starting a business properly requires a sizable investment in software.

1 point

True

False

4.
Question 4
You should spend a lot of money on your first website as first impressions are important.

1 point

True

False

5.
Question 5
It’s hard to know if your marketing money is well spent so you just have to follow your gut.

1 point

True

False

6.
Question 6
It’s important to be competitive in your online marketing, so it’s worth having a large SEM budget.

1 point

True

False

 

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