Q30. Open sourcing is forcing us to rethink the meaning and rationale of intelle
ID: 3586439 • Letter: Q
Question
Q30. Open sourcing is forcing us to rethink the meaning and rationale of intellectual property.a. true
b. false
Q31. Research shows that when venture capitalists attempt to determine whether a venture is worthy of their support, they focus on two things. One is the capabilities and experience of the core business team, and the other is:
a. the amount of cash the venture holds
b. whether the venture is being launched in an established market
c. the number of years since the venture was launched
d. the thoroughness and overall quality of the business plan
Q32. Richard Foster's concept of the defender's paradox holds that:
a. by defending their existing successful innovations, companies are actually developing a good offensive strategy
b. companies that continue to invest heavily in their successful innovations find that at a certain point, the returns on their additional investment drop dramatically
c. when companies find their products being challenged by new market entrants, their best strategy is to strengthen their weakest products in order to throw the "attackers" off guard
d. when cornered, defenders can be stronger than their attackers
Q33. Which of the following statements expresses a general truth about innovation?
a. If I come up with new ways of doing things, I am sure to beat my competitors
b. If it ain't broke, don't fix it (no need to innovate)
c. If you have a great invention, don't expect the world to beat a path to your door
d. The best innovative solutions are those that outperform competitor products
Q34. Process innovation can contribute directly to a company's profits by:
a. reducing production costs
b. identifying market niches that have not yet been exploited
c. employing state-of-the-art equipment
d. establishing the foundation for effective marketing and sales
Q35. Which of the following legal business forms is easiest to establish?
a. Sole proprietorship
b. General partnership
c. Limited liability company
d. Corporation
Q36. A review of the history of business confirms that if you build a better mousetrap, the world will beat a path to your door.
a. true
b. false
Q37. Later stage financing of a burgeoning venture is often used for:
a. designing new products
b. establishing production capabilities
c. developing a detailed business plan
d. acquiring other companies in order to accelerate growth
Q38. Seed funding for new ventures most commonly comes from:
a. venture capital investors
b. commercial banks
c. angel investors
d. personal savings, family and friends
Q39. Creative thinking techniques try to strengthen convergent thinking.
a. true
b. false
Q40. With basic science:
a. scientists pursue their research effort without concern for practical results
b. scientists must justify their research budgets by demonstrating how the research can yield practical results
c. scientists must establish and test hypotheses
d. scientists doing the research must have doctoral degrees Q30. Open sourcing is forcing us to rethink the meaning and rationale of intellectual property.
a. true
b. false
Q31. Research shows that when venture capitalists attempt to determine whether a venture is worthy of their support, they focus on two things. One is the capabilities and experience of the core business team, and the other is:
a. the amount of cash the venture holds
b. whether the venture is being launched in an established market
c. the number of years since the venture was launched
d. the thoroughness and overall quality of the business plan
Q32. Richard Foster's concept of the defender's paradox holds that:
a. by defending their existing successful innovations, companies are actually developing a good offensive strategy
b. companies that continue to invest heavily in their successful innovations find that at a certain point, the returns on their additional investment drop dramatically
c. when companies find their products being challenged by new market entrants, their best strategy is to strengthen their weakest products in order to throw the "attackers" off guard
d. when cornered, defenders can be stronger than their attackers
Q33. Which of the following statements expresses a general truth about innovation?
a. If I come up with new ways of doing things, I am sure to beat my competitors
b. If it ain't broke, don't fix it (no need to innovate)
c. If you have a great invention, don't expect the world to beat a path to your door
d. The best innovative solutions are those that outperform competitor products
Q34. Process innovation can contribute directly to a company's profits by:
a. reducing production costs
b. identifying market niches that have not yet been exploited
c. employing state-of-the-art equipment
d. establishing the foundation for effective marketing and sales
Q35. Which of the following legal business forms is easiest to establish?
a. Sole proprietorship
b. General partnership
c. Limited liability company
d. Corporation
Q36. A review of the history of business confirms that if you build a better mousetrap, the world will beat a path to your door.
a. true
b. false
Q37. Later stage financing of a burgeoning venture is often used for:
a. designing new products
b. establishing production capabilities
c. developing a detailed business plan
d. acquiring other companies in order to accelerate growth
Q38. Seed funding for new ventures most commonly comes from:
a. venture capital investors
b. commercial banks
c. angel investors
d. personal savings, family and friends
Q39. Creative thinking techniques try to strengthen convergent thinking.
a. true
b. false
Q40. With basic science:
a. scientists pursue their research effort without concern for practical results
b. scientists must justify their research budgets by demonstrating how the research can yield practical results
c. scientists must establish and test hypotheses
d. scientists doing the research must have doctoral degrees
Explanation / Answer
30.) True
The reason is that open sourcing is always done when there is less financial support and the creative project is been made.Hence, it is getting us to rethink on what open sourcing is actually.
31.) whether the venture is being launched in an established market
The reason is that the venture will always make a profit if it is launched in proper conditional market and is launched using the establishment of the markets.
32.)when companies find their products being challenged by new market entrants, their best strategy is to strengthen their weakest products in order to throw the "attackers" off guard
33.)If I come up with new ways of doing things, I am sure to beat my competitors
The reason is that the innovation will be carried out when this happens and new ways of doing things is another sentence for innovation.
34.) Identifying market niches that have not yet been exploited
The reason is that the innovative thing will always get the market niches that may have not been known by anyone and hence, this is what the innovation brings up to us.
35.) General partnership
It is generally easy to maintain such partnerships and can be easily obtained in the market. It is most trending way of dealing in the market.
36.) False
37.) acquiring other companies in order to accelerate growth
When financing on later one must always try to acquire other companies as nowadays it's a trend of getting companies which are providing a competition and hence, staying in the market from all the sides.
38.) commercial banks
39.) True
40.) scientists must justify their research budgets by demonstrating how the research can yield practical results
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