Quiz Page 34 of 99 (PART TWO)
- Posted by Michael C. Fanning
- Date April 27, 2023
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Question 1 of 10
1. Question
1. What is an example of a conceptual framework that might be limiting an entrepreneur’s creativity?
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Question 2 of 10
2. Question
2. The process of creative thinking begins to take shape when an entrepreneur stops fixating on what they already know (self-imposed conceptual frameworks) and rather, consider what other know-how they would do well to source in order to successfully implement their business model.
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Question 3 of 10
3. Question
3. Which of the following is not an example of an attribute related to the outcome of innovation?
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Question 4 of 10
4. Question
4. The process of innovation might involve a revaluation of current market standards, but only the outcome will support a business in catching up to meet the level of their competitors.
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Question 5 of 10
5. Question
5. How can you gauge whether or not a business idea has potential for success?
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Question 6 of 10
6. Question
6. An entrepreneur who is presently experiencing a deficit in economic resources, due to negative financial situations beyond their control, will have their creative faculties limited and will not be able to work toward long-term success.
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Question 7 of 10
7. Question
7. Many first-time entrepreneurs feel stuck and unable to get their business off the ground because…
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Question 8 of 10
8. Question
8. How would a startup’s business strategy play a role in ensuring the success of an innovative idea?
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Question 9 of 10
9. Question
9. Strategy means an entrepreneur needs to:
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Question 10 of 10
10. Question
10. What is a real-life example of a calculated risk?
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Entrepreneurship
I am a serial entrepreneur and I have been vegetarian for 14 years now. In a nutshell, I start businesses, grow them and retain some ownership before decelerating from all the operational duties involved.
In addition, I am a complete lover of nature. I turned vegetarian at 18 years old. And my mother introduced me to hiking in my teenage years. So, I take random walks in the bushes every now and then. It definitely helps with decision-making in business, too. But it is not all that I am. I am also an aspiring father, husband and Vegan. Did I mention I am Christian?
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