TECHNO

(30)Multiple Choice
(Module 1 and 2)
1. One of the characteristics of technopreneur means that as a person, you
serve as the spark to a bright idea and transform the dream into a reality. D
a. Focus
b. Discipline
c. Strategist
d. Leadership
2. One of the characteristics of technopreneur means being able to come up
with unique products every time and have the magic to push your products to
the market and let consumers see the real value it can bring into their lives. B
a. Focus
b. Discipline
c. Strategist
d. Leadership
3. Entrepreneurs excel at identifying business opportunities and staying
focused on opportunities, not problems. They are action-oriented. C
a. first statement is true
b. second statement is true
c. both statements are true
d. both statements are false
4. Technopreneur is someone who perceives an opportunity and creates an
organization to pursue it. They organizes and operates a business venture
and assumes much of the associated risk. A
a. first statement is true
b. second statement is true
c. both statements are true
d. both statements are false

5. One of the Ten D’s of an Entrepreneur where they implement their ventures
with total commitment. D
a. Dream
b. Decisiveness
c. Doers
d. Determination

6. One of the Ten D’s of an Entrepreneur where they want to be in charge of

their own faith rather than depend on an employer. D

a. Dedication
b. Devotion
c. Details
d. Destiny
7. Entrepreneurs distribute the ownership of their businesses with key
employers who are critical to the success of the business. Entrepreneurs
have a vision of what the future could be like for them and their businesses. B
a. first statement is true
b. second statement is true
c. both statements are true
d. both statements are false

8. It is a business activity and business by using improved computer

technology, especially the Internet, in this business and businesses that are
promoted using electronic brochures, known as the homepage on the
Internet. C
a. Entrepreneurship
b. Technopreneurship
c. Cyberpreneurship
d. Enterprise management

9. Technopreneurship is the person who dared to take a step to enter a

particular activity. Cyberpreneurship is a process in the formation of new
businesses that view technology as a base. D
a. first statement is true
b. second statement is true
c. both statements are true
d. both statements are false

10. One of the elements of technopreneurship which includes the skill,

capabilities, and knowledge of the firm's people. A
a. Human Capital
b. Organizational Capital
c. Personal Capital
d. Social Capital

11. One of the elements of technopreneurship which includes the quality of

the relationships with customers, suppliers and partners. D
a. Human Capital
b. Organizational Capital
c. Personal Capital
d. Social Capital

12. One of the advantages of entrepreneurship is that being flexible in their

own schedule. They can also create the relationship between efforts and
income. C
a. first statement is true
b. second statement is true
c. both statements are true
d. both statements are false

13. He is an entrepreneur within an existing organization, referred as the

corporate entrepreneur. A
a. Intrapreneur
b. Solo Self-Employed Individual
c. Dealers to Dealers
d. Team Builders

14. This includes all agents, repairman, brokers, accountants and physician
who operate alone or with only few employees ad perform work personally. B
a. Intrapreneur
b. Solo Self-Employed Individual
c. Dealers to Dealers
d. Team Builders

15. entrepreneurs who spot an effective business patterns quite possibly

originated by someone else, and multiply it to realize profits. B
a. Independent Innovators
b. Partner Multipliers
c. Acquirers
d. Independent Inventors

16. They include pure inventors who really develop their own product or
invention and take care of marketing them. D
a. Independent Innovators
b. Partner Multipliers
c. Acquirers
d. Independent Inventors

17. they include wise guys referred to as corporate raiders and brokers who
turn around, sell and liquidate. C
a. Capital Aggregators
b. Acquirers
c. Buy and Sell Artists
d. Economy of Scale Exploiters

18. Smart entrepreneur who use their experience and expertise in pooling a
group of financiers to engage in a business. A
a. Capital Aggregators
b. Acquirers
c. Buy and Sell Artists
d. Economy of Scale Exploiters

19. Entrepreneurs who locate their business in lower rent and tax areas. D
a. Capital Aggregators
b. Acquirers
c. Buy and Sell Artists
d. Economy of Scale Exploiters

20. Entrepreneurship provides taxes to economy. Entrepreneurship improves

equality of life. C
a. first statement is true
b. second statement is true
c. both statements are true
d. both statements are false

21. “Most innovative ideas result from a conscious and purposeful search for
opportunities to solve problems or please customers.” According to? A
a. Drucker
b. Smith
c. Mill
d. Say

22. The literature on innovations defines two types of innovations: incremental

and numerical. Smith (1997) distinguished between sustaining and disruptive
or radical innovations. D
a. first statement is true
b. second statement is true
c. both statements are true
d. both statements are false

23. Originality is the method or idea that is new and unique. Functionality is a
creative idea and produce results. C
a. first statement is true
b. second statement is true
c. both statements are true
d. both statements are false

24. They have a great amount of knowledge about a particular subject and
combine their skills and capabilities to prepare a course of action to achieve
something. A
a. Deliberate and Cognitive creativity
b. Deliberate and Emotional Creativity
c. Spontaneous and Cognitive creativity
d. Spontaneous and Emotional Creativity

25. These individuals prefer relatively quiet and personal time to reflect and
they usually have a habit of diary writing. They are equally logical and rational
in decision making. B
a. Deliberate and Cognitive creativity
b. Deliberate and Emotional Creativity
c. Spontaneous and Cognitive creativity
d. Spontaneous and Emotional Creativity

26. The individual has an epiphany regarding how to piece her thoughts
together in a manner that makes sense. C
a. Preparation
b. Incubation
c. Illumination
d. Evaluation

27. Creativity is the act of turning new and imaginative ideas into reality.
Innovation is characterized by the ability to perceive the world in new ways, to
 find hidden patterns, to make connections between seemingly unrelated
phenomena, and to generate solutions. A
a. first statement is true
b. second statement is true
c. both statements are true
d. both statements are false

28. This involves applying new technology or processes to company’s current

market. It is stealthy in nature since newer tech will often be inferior to existing
market technology. B
a. Incremental Innovation
b. Disruptive Innovation
c. Architectural Innovation
d. Radical innovation

29. This refers to the increase in the inflation-adjusted market value of the
goods and services produced by an economy over time. It is conventionally
measured as the percent rate of increase in real gross domestic product, or
real GDP. A
a. Economic growth
b. Innovation and the future of jobs
c. Increased well-being
d. Environmental sustainability

30. Innovation is fostered by information gathered from new connections; from

insights gained by journeys into other disciplines or places; from active,
collegial networks and fluid, open boundaries. Innovation arises from ongoing
circles of exchange, where information is not just accumulated or stored, but
created. Knowledge is generated anew from connections, that weren’t there
before. This is according to?
a. Margaret J. Wheatley
b. Peter Drucker
c. Ted Levitt
d. Warren Bennis

(20)Identification
(Module 1 and 2)
1. The person who destroys the existing economic order by introducing, new
products and services, by creating new forms of organizations and by
exploiting new raw materials. (Technopreneur)
2. Technopreneurs know that not everything produces great results and adapt to
such circumstances easily. (Flexibility)
3. Business activity and business by using improved computer technology,
especially the Internet. (Cyberpreneurship)
4. Element of technopreneurship that states the patents, technologies,
processes, databases and networks. (Organizational Capital)
 5. This include highly knowledgeable businessmen engaged to various forms of
trades frequently, directly or indirectly related to their line of work. (Dealers to
Dealers)
6. Individuals who go on building larger companies using hiring and delegation.
(Team Builders)
7. It refers to creating more effective processes, products, and ideas.
(Innovation)
8. The act of turning new and imaginative ideas into reality. (Creativity)
9. The method or idea must be new and unique. Not an extension of something,
which already exists. (Originality)
10. This type of creativity is mostly found in a great artist that is responsible for a
scientific breakthrough, religious and also philosophical discoveries.
(Spontaneous and emotional creativity)
11. According to Gabora, an individual may begin this step more than once in
order to reach the desired outcome. (Implementation)
12. It gives tmng your existimg account the hvnunbnomsnv vavlue bvjo the
coustumner in the iwn services and analaogues. As far as we know there is
this called adhana or a thing that happe for a reason called serendipity
ncbhxsm nhalik aj aang gusto ko kay FDuerte
13. It utilizes your existing technology and increases value to the customer like
features, design changes, etc. within existing market. (Incremental Innovation)
14. It gives birth to new industries (or swallows existing ones) and involves
creating revolutionary technology. (Radical innovation)
15. It involves a mind-set that suggests that there may be more than a single
answer or solution to any particular issue or problem. (Flexibility)
16. It is developed by Tony Buzan are an effective technique of structuring
information and note-taking. (Mind Maps, Mind mapping)
17. Most popular creative techniques where generating ideas in a group situation
based on the principle of suspending judgment, a principle which scientific
research has proved to be highly productive in individual effort as well as
group effort. (brainstorming)
18. Who stated, “Just as energy is the basis of life itself, and ideas the source of
innovation, so is innovation the vital spark of all human change, improvement
and progress.”? (Ted Levitt)
19. Who stated, “Innovation is the process of turning ideas into manufacturable
and marketable form.” (Watts)
20. Who stated, “Innovation is fostered by information gathered from new
connections; from insights gained by journeys into other disciplines or places;
from active, collegial networks and fluid, open boundaries. “ (Margaret J.
Wheatley)
21. This refers to creating more effective processes, products, and ideas that can
act as a catalyst that can make business grow and can help adapt in the
marketplace. (Innovation)

(2)Essay
Explain in your own words
1. What are the societal and economic significance of technopreneurship?

2. “A short term view will lead to a partial and perhaps twisted view of the
whole picture.” - “A short term business will lead to a partial and perhaps
twisted view of the whole success.”