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Semester Exam (1) Business Entrepreneurship

Welcome to your Business Entrepreneurship Exam 1

A founder believes their idea is valuable simply because it is original and has never been seen before. Based on the concept of creativity myths, which reasoning best challenges this belief?
A startup delays launching its product until it is “perfect.” Which principle from The Art of the Start does this violate?
Two inventors independently develop similar technologies at the same time. This situation BEST illustrates which creativity myth being false?
A company provides unlimited resources to its innovation team, yet creativity declines. Which concept explains this outcome?
A business idea exists only as a concept in someone’s mind without any prototype or documentation. What is its legal status?
Which factor MOST directly links product features to customer demand?
Which of the following BEST represent valid reasons why external advisors (e.g., legal, accounting) are considered part of a business team?
Which statements accurately describe outsourcing?
A startup is built with the intention of being sold within 3 years for $20 million without scaling globally. Which type of startup is this?
Which statements BEST distinguish marketing from sales?
May 7, 2026

19 responses on "Semester Exam (1) Business Entrepreneurship"

  1. Martin Kazembe

  2. PM

  3. Steven kafula
    Diploma in transport and logistics

  4. Benson Zulu
    I am doing purchasing and suply diploma.

  5. Sibeso Munyinda BUSINESS ADMINISTRATION

  6. Liswa Zulu
    Diploma in business administration

  7. Umary Silwamba pursuing a diploma in purchasing and supply.

  8. Business administration

  9. Michelo Havuluma
    Diploma Guidance and counseling

  10. Excildah sauwa here
    Doing business administration

  11. Great

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