Republic of the Philippines BICOL STATE COLLEGE OF APPLIED SCIENCES AND TECHNOLOGY City of Naga TECHNOPRENEURSHIP FINAL EXAMINATION 2nd Semester/SY 2020-2021 Name: ____________________________________ Yr&Sec.: BSECE-3A Date: May 24,2021 Score:___ I. Modified Identification Test: Direction: Select from the words listed below the words or group of words that will make the statement correct. I. Entrepreneurial mindset A. Unique selling proposition J. Debt financing B. Impulsive customer K. Efficiency Analysis C. Business model L. Team Development D. Execution Plan M. Growth mindset E. Technopreneurship N. Ethics / Moral Philosophy F. Market Segmentation O. Value Proposition G. Intellectual property P. Globalization H. Equity Financing 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. A process that combines technological advancement with entrepreneurial skills They believe that their most basic abilities can be developed through dedication and hard work. A set of cognitive processes that triggers the individuals to act or to behave entrepreneurially. A process of learning to work together effectively. The factor that makes a company or product stand out from its competitors, whether it is through pricing, quality, customer service or innovation. The customers who don’t shop as per their need or because of ongoing sale. They will purchase what seams good at the time. A statement of the unique benefits delivered by your offering to the target customers. The process of examining buyers and dividing them into smaller categories where they share similar characteristics. It is a company’s plan for making a profit, and describes how an idea will create value. A property that is a creation of the mind such as an invention, literary and artistic works, designs, and symbols, names and images. It is used to review critical goals or milestones, as well as to track specific tasks to ensure that everything is on track, on time and on budget. Efficiency ratios are essential part of any robust financial analysis. These ratios look at how well a company manages its assets and uses them to generate revenue and cash flow. The process of raising capital through the sale of shares, companies raise money because they might have a short term need to pay bills, or they might have a long-term goal and require funds to invest in their growth. This occurs when a firm raises money for working capital expenditures by selling debt instruments to individual and or institutional investors. The discipline which is concerned with what is morally good and bad and morally right and wrong. A set of moral principles that govern decisions and actions. II. Multiple Choice Mach Colum A with Colum B and write the letter of your answer on the blank before the number. A B 1. Fixed mindset A. The process and organization needed to generate new ideas in any context. B. Performing a study that analyzes the company such as 2. Innovation developing descriptive information of the industry sizes growth, composition etc etc.. C. They believe that talent alone creates success without effort 3. Business ideas D. A strategic management tool that lets you visualize and asses 4. Profitability your business idea or concept. E. The business ability to generate earnings compared to its costs 5. Products over a certain period of time. 6. Service F. 7. Consumer 8. Differentiation 9. Industry analysis G. H. I. 10. Product leadership 11. Business canvas model 12. Channels 13. Trade secrets 14. Patents 15. Copyright J. K. L. M. N. O. P. The touchpoints that let your customers connect with your company A private information that is important to a business because it gives the business a competitive advantage in its marketplace They are legal rights issued to investors to protect their inventions for a certain time. Concentrate on differentiated product line and marketing program Refer to phrases, words or symbols A type of intellectual property protection, that protects original works of authorship which include literary works and others. Any tangible item that is put on the market for consumption A concept that can be used for financial gain that is centered on a product or service that can be offered for money The one who consumes the product or services An output given to another person using a product Offer a continuous stream of leading-edge products or services Test III. Essay Type Test. 1. 2. Discuss briefly the meaning of Technopreneurship and its importance to our society. What do you mean by Entrepreneurial Mindset, mention at least eight salient features of Entrepreneurial mindset. 3. Discuss fully the 5 Stages of Team Development according to Bruce Tuckman. 4. Identify and discuss the characteristics of a Promising Business Idea. 5. What do you men by Value proposition? Discuss briefly the benefits of an effective value proposition. 6. Identify and discuss fully the processes involved in the Market Opportunity Analysis. 7. What do you understand by Intellectual property rights, explain briefly its benefits. 8. Enumerate and discuss briefly the Business Benefits of Corporate Social Responsibility. 9. Identify ten unethical business issues that you need to overcome in the future if you would like to manage an Ethical business. 10. After studying Technopreneurship what learnings/challenges did you have and provides you with an important impact on your life as a student. Good Luck and Keep safe always!!! Prepared by: EMILY T. CAMALLA, PhD. Associate Professor V