IT 422 - Technopreneurship Midterm Exam Exam Coverage: Chapters 1 to 3; Additional notes Exam Date: January 14, 2015 (Third Day) Exam Time: 7:30-9:30 AM Exam Room: CB 31/32 Exam Type: Multiple Choice (30); Identification (15); Enumeration (25); Easy Essay (30) Additional notes: 1. The Roles of Entrepreneurship in Economic Development a. Offers an economical and faster method of distributing goods and services. b. Generates more jobs, income, goods, and services. c. Improves quality of life. d. Contributes to more equitable distribution of income, goods, and services. e. Utilizes and mobilizes resources. f. Brings social benefits through the government. 2. The Contributions of Entrepreneurship to Economic Development a. Development of new markets. b. Discovery of new sources of materials. c. Mobilization of capital resources. d. Introduction of new technologies. e. Creation of employment. 3. The Factors on Resources that have to be Evaluated when Discovering Business Opportunities a. Markets b. Individual interests c. Capital d. Skills e. Suppliers of inputs f. Manpower g. Technology 4. Steps in Market Research a. Defining the problem b. Making a preliminary investigation c. Planning the research d. Gathering the data e. Analyzing the data f. Reaching a conclusion g. Implementation and evaluating decision
Posted on: Sun, 11 Jan 2015 00:08:39 +0000
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