IMT Solved Assignment For IMTC 633 Managing Startups |
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IMTC 633 Managing Startups
1. Dashboards provide
Great for prediction of growth
None of the above
Gives figures only
The visualization of this information in ways that are easy to use and support taking action
2. A test trial allows for a prospective customer to
Try the product when not out inthe market yet
Both a) and c)
Try your company’s product or service for a set duration of time
Try the product in the developmental stages
3. Before building a business, the foundation has to be laid, this can be done best through an equation function that has the following primary functions
Idea, solution
None of the above
Both a) and b)
Entrepreneur
4. The performer leader
Craves freedom
Leads by example
Loves the spotlight
Great critical power
5. Customer Experience Personas are
Potential customers
Ideal customers
Unhappy customers
First time customers
6. The Solution (So) function of the foundation equation have the following elements
Business model and the approach element
Generation and core element
Business model and generation
Business model and the core element
7. GEM found that over a three-and-a-half -year period, 126million women started or ran businesses and 98 million operated established businesses. GEM is
Global economic Monitor
Gleneagles Entrepreneurship Monitor
Global Entrepreneurship Monitor
Global Enterprise Meter
8. ______ focus on seed-funded start-ups on the cusp of rapid growth
Grants
Incubators
Banks
Accelerators
9. Solution channels from the Solution (So) Model Elements is
Research for target audience
Solutions to problems being faced by customers
Research to identify a market
Most cost- efficient ways to reach out to customers
10. Brand identity elements are
Positioning, tagline
Logo, Name
Colour, Tagline
All of the above
11. ____ are high net worth individuals who invest their own money at early stages of a start-up's life.
Family and friends
Angels
Banks
Venture capitalists
12. Some are forced to become entrepreneurs. Reason being
Passion
Because everyone else is doing
Both a) and b)
Necessity
13. The funding clusters are groups of individuals that help fund a business at various stages of its lifecycle. Funds raised through friends and family provide
Seed capital
For the established start-ups
Funds for marketing
None of the above
14. Values (Val), Symbols (Sym), Balance (Bal) are all
Personal culture elements
Peripheral culture elements
Additive culture elements
Core culture elements
15. Value Proposition (Vap) from the Solution (So) Model Elements is
Value of the employees
Value of the product
Value of the technology
Values you deliver to the customer by solving a specific problem they have with a certain product or service.
16. _____all contribute to ever more rapid change
Socialist economic influences
Agriculture and in-ward looking economic influences
Globalization, industrialisation
Globalization, technology, and economic influences
17. Individuals in the talent cloud are
Specialist
All of the above
Can be hired as per the need and requirement
Specialists with varied experience
18. Opportunity is
The target audience
The idea itself
The transition from an idea to a viable business
None of the above
19. Which of the characteristics below holds true for an entrepreneur
Take a path where others will not tread
Both a) and b)
Ability to take calculated risks
Prefer to follow a template
20. Bundling can occur with
the same product only
a company's own products/services, other companies ‘products/services, or a combination of both.
Complimentary products only
Only a company's own products
21. We now share knowledge and create content collaboratively
In a variety of environments
Only in a strict formal surrounding
Only with colleagues we trust
Only in an office environment
22. Major categories to support the eco-system of an entrepreneur are
All of the above
Policy
Human capital
Intersections
23. Much like a family dynamic, business will eventually
None of the above
Need a set of values
Disintegrate
Face problems between employees
24. Before mechanization, in late-eighteenth century Britain, textiles were made primarily
None of the above
At common market place
At home
At common community place in villages
25. Design thinking is
Combining the utility with refines of the look and feel of the product
Combining the need and extra help that a certain product can render
None of the above
combining empathy for the context of a problem, creativity in the generation of insights and solutions, and rationality in analysing and fitting various solutions to the problem context.
26. What makes an idea unique?
The simplicity of an idea
Just one of a kind idea
Idea and how you connect the need, the opportunity and eventually the execution will make your version unique
The usage of the idea
27. Liquid workforce is
Both a) and b)
An employee but working remotely
Individuals hired on a project basis
Freelance workers
28. Which of the statements below is true
As you grow and change, so will your business
The business remains static at all times
The business changes only at regular well-defined intervals
There are no equations with adaptable structure that will fit your business through the ups and down.
29. ______ speaks to the totality of the brand
Advertisement
Brand identity
Logo
Tagline
30. How can a simple idea be described
An idea that can easily be explained by a child
An idea with lots of variables
An idea that solves a problem
An idea in use
1. Expansion can be partnered with diversification since a company in a scaling model will expand to
All of the above
New markets
Verticals
Geographies
2. The Solution (So) function of the foundation equation have the following elements
Business model and the approach element
Generation and core element
Business model and generation
Business model and the core element
3. Healthy core culture
Helps only the employers
Helps increase the productivity and growth of an organization
Helps only the employees
Is of no help
4. SEO, Email, Direct Marketing, Telemarketing, Social Media are
Business plan tool
Places to find your audience
Both a) and b)
Marketing tool
5. Bundling can occur with
a company's own products/services, other companies' products/services, or a combination of both.
Complimentary products only
Only a company’s own products
the same product only
6. The sharing economy, the era of maker, the anywhere liquid force is _____
None of the above
Part of the Forces of change
Inter mitten economy
Characteristics of a developing economy
7. When making your team for a start-up. A perfect team will comprise of
Developer, Designer, business developer
Developer, Designer, domain expert
Both a) and c)
Marketer, technical engineer, domain expert
8. Liquid workforce is
Both a) and b)
An employee but working remotely
Individuals hired on a project basis
Freelance workers
9. A landing page is
The home page
none of the above
The entire website
a single page on a website dedicated to a specific promotion or deal that the company is offering
10. Major categories to support the eco-system of an entrepreneur are
All of the above
Human capital
Policy
Intersections
11. Values (Val), Symbols (Sym), Balance (Bal) are all
Personal culture elements
Peripheral culture elements
Additive culture elements
Core culture elements
12. We now share knowledge and create content collaboratively
Only in a strict formal surrounding
Only with colleagues we trust
Only in an office environment
In a variety of environments
13. ______all contribute to ever more rapid change
Agriculture and in-ward looking economic influences
Globalization, technology, and economic influences
Globalization, industrialisation
Socialist economic influences
14. Direct selling commonly occurs through
All of the above
Home parties
One on one consultation
Mobile location
15. Customer experience Insights
Collects, measures and manages customers insights and feed back
Are not important for start-ups
Are forms that a customer is required to fill
Are a part of the business process which is neglected
16. ______focus on seed-funded start-ups on the cusp of rapid growth.
Grants
Incubators
Banks
Accelerators
17. Programs like Growth Hacking, Partners, Loyalty Programs, Events, PR, Word of Mouth, Sponsorship, and PPC are the vehicles used to
All of the Above
Build the product
Market
Make a business plan
18. The performer leader
Craves freedom
Leads by example
Loves the spotlight
Great critical power
19. Individuals in the talent cloud are
Can be hired asper the need and requirement
Specialists with varied experience
Specialist
All of the above
20. Some are forced to become entrepreneurs. Reason being
Both a) and b)
Passion
Necessity
Because everyone else is doing
21. Funding that relies on financing from a large pool of backers usually made online through a web platform is
Family and friends
Crowdfunding
Venture capitalist
Boot strapping
22. The _____ can visualize the possibilities and translate the vision into wireframes for the Technical Engineer
Domain expert
Business developer
Creative, designer
Developer
23. Strategic foresight is the practice of creating
None of the above
A functional view of the future, or future events and possibilities to prepare for any possible adversity
Both a) and b)
A functional view of the future, or future events and possibilities, in such a way as to take full advantage of opportunities,
24. Dashboards provide
Great for prediction of growth
None of the above
Gives figures only
The visualization of this information in ways that are easy to use and support taking action
25. A Loyalty program of marketing program elements is
Structured to encourage brand loyalty through encouraging buying behaviour
Structured for loyalty towards certain product channel
Structured for another partners loyalty
Structured for internal employee loyalty
26. What makes an idea unique?
Idea and how you connect the need, the opportunity and eventually the execution will make your version unique
Just one of a kind idea
The usage of the idea
The simplicity of an idea
27. There are many components to _____ including card sorting, tree testing, eye tracking, focus groups, AIB testing, surveys, interviews, contextual inquiry and heuristic evaluations
Benchmarking
Usability testing
Behavioural targeting
All of the above
28. GEM found that over a three-and-a-half -year period, 126million women started or ran businesses and 98 million operated established businesses. GEM is
Global economic Monitor
Gleneagles Entrepreneurship Monitor
Global Entrepreneurship Monitor
Global Enterprise Meter
29. The funding clusters are groups of individuals that help fund a business at various stages of its lifecycle. Funds raised through friends and family provide
Seed capital
For the established start-ups
Funds for marketing
None of the above
30. The term "Open Innovation was promoted as
Innovation of different products wider same roof
None of the above
Innovation of similar products
Way of thinking that "assumes firms can and should use external ideas as well as internal ideas, and internal and external paths to market
1. Customer Experience Personas are
First time customers
Unhappy customers
Ideal customer s
Potential customers
2. Positioning of a brand
The kind of store it will be placed in
The position in the store
Is the unique value of the product to the customer
None of the above
3. Which of the below is untrue when we speak of a Romantic leader
Craves freedom
competitive
Wants creativity
The instant expert
4. Sensory branding includes
voice
Sound
Touch: Taste/ smell
All of the above
5. Dashboards provide
The visualization of this information in ways that are easy to use and support acting
Gives figures only
Great for prediction of growth
None of the above
6. Customer experience strategy, Customer understanding: Design: Governance, measurement and culture are six
Is a part of research design
discipline of customer service
Both a) and b)
None of the above
7. Before a business: the foundation has to be laid: this can be done best an equation function that has the following primary function
Entrepreneur
Idea: solution
Both a) and b)
None of the above
8. ________________ are the powerful alias that are there for you and provide advice, perspective and guidance that transform you
Advisor
Lawyers
Mentors
Friends
9. what make an idea unique
Just one of kind idea
Idea and how you connect the need, the opportunity and eventually the execution will make your version unique
The simplicity of an idea
The usage of idea
10. When making your team for a start-up. A perfect team will comprise of
Marketer , technical engineer domain expert
Developer Designer domain expert
Developer Designer business developer
Both a) and c)
11. _______________ speaks to the totality of the brand.
Brand identity
Logo
Tagline
Advertisement
12. The Solution (So) function of the foundation equation have the following elements
Business model and the approach element
Business model and the core element
Generation and core element
Business model and generation
13. Pop up space is
Mobile space
Permanent store provided in store
Permanent store
None
14. SEO Direct Marketing: Telemarketing: Social Media are
Marketing tool
Places to find your audience
Business plan tool
Both a) and b)
15. Bundling can occur with
a company's own products\services, other companies' products\services, or a combination of both.
Only a company' s own products
the same product only
Complimentary products only
16. A landing page is
The entire website
The home pages
a single page on a website dedicated to a specific promotion or deal that the company is offering
none of the above
17. Opportunity is
The transition from an idea to a business
The Idea
The target audience
None of the above
18. Value Proposition (Vap) from the Solution (So) Model Elements is
Value of the product
Values you deliver to the customer by sol-vhlg a problem they have with a certain product or service
Value of the technology
Value of the employees
19. We now share knowledge and create content collaboratively
Only in a strict formal surrounding
Only in an office environment
In a variety of environments
Only with colleagues we trust
20. The sharing economy, the era of maker the anywhere liquid force is
Inter mitten economy
Part of the Forces of change
Characteristics of a developing economy
None of the above
21. Major categories to support the eco-system of an entrepreneur are
intersection
policy
Human capital
All of the above
22. Which of the characteristics below holds true for an entrepreneur
Abiliity to take calculated risks
Take a path where others wül not tread
Prefer to follow a template
Both a) and b)
23. GEM found that over a year period 126 million women started or ran businesses and 98 million operated established businesses. GEM is
Global Enterprise Meter
Global Entrepreneurship Monitor
Global economic Monitor
Gleneagles Entrepreneurship Monitor
24. A perfectionist leader
Hates time lines and schedules
Feels pride in being needed
Leads by example
Only a) and c)
25. The Boulder Thesis is defined as follows:
Entrepreneurs must lead the start-up community
The leaders must have a long-term commonest
The start-up community must be inclusive of anyone who wants to participate in it
All of the above
26 . Program like Hacking, Partners, Loyalty Prograrns: Events: PR: Word of Mouth: Sponsorship: and PPC are the vehicles used to
Market
the product
Make a business plan
All of the above
27. Much like a family dynamic, business will eventually
Need a set of values
Disintegrate
Face problem between employees
None of the above
28. Individuals in the talent cloud are
Can be hired as per the need and requirement
Specialist
Specialists with varied experience
All of the above
29. _____________________ focus on seed-funded startup ON THE CUSP OF RAPID GROWTH.
Accelerator
Grants
Incubators
Banks
30. A loyalty program of marketing program elements is
Structured for internal employee loyalty
Structured for another partners loyalty
Structured to encourage brand loyalty encouraging buying behaviour
Structured for loyalty towards certain product channel
1. Which of the characteristics below holds true for an entrepreneur.
Ability to take calculated risks
Take a path where others will not tread
Prefer to follow a template
Both a) and b)
2. Growth Hacking is a program with one absolute focus. That is
Hacking
Growth
Planning
Recruitment
3. Programs like Growth Hacking, Partners, Loyalty Programs: Events: PR: Word of Mouth: Sponsorship: and PPC are the vehicles used to
Market
the product
Make a business plan
All of the above
4. Individuals in the talent cloud are
Can be hired as per the need and requirement
Specialist
Specialists with varied experience
All
5. The Solution (So) function of the foundation equation have the following elements
Business model and the approach element
Business model and the core element
Generation and core element
Business model and generation
6. _____________ are high net worth individuals who invest their own money at earlier stage of start-up life's.
Angels
Family and friends
Venture capitalist
Banks
7. Values (Val), Symbols (Sym): Balance (Bal) are all
Additive culture elements
Core culture elements
Peripheral culture elements
Personal culture elements
8. Sensory branding includes
Voice
Sound
Touch: Taste/ smell
All of the above
9. Franchises as part of the Solution (So) Approach Elements is
Part of your strategy to expand business
An existing business privilege that you purchase
Both a) and b)
None of the above
10. How can a simple idea be described
An idea that solves a problem
An idea that can easily be explained by a
An idea with lots of variables
An idea in use
11. Opportunity is
The transition from an idea to a business
The Idea
The target audience
None of the above
12. There are many components to _____________including card sorting, tree testing, eye tracking, focus groups, AB testing, surveys, interviews, contextual inquiry and heuristic evaluations
Usability testing
Benchmarking
Behavioural targeting
All of the above
13. The ____________ brings to the table experience and knowledge of industry that another founder lacks.
Business developer
Designer
Developer
Domain Expert
14. Customer Experience Personas are
First time customers
Unhappy customers
Ideal customer s
Potential customers
15. ________________ are the powerful alias that are there for you and provide advice, perspective and guidance that transform you
Advisor
Lawyers
Mentors
Friends
16. Value Proposition (Vap) from the Solution (So) Model Elements is
Value of the product
Values you deliver to the customer by sol-vhlg a problem they have with a certain product or service
Value of the technology
Value of the employees
17. Bundling can occur with
a company's own products\services, other companies' products\services, or a combination of both.
Only a company' s own products
the same product only
Complimentary products only
18. Direct selling commonly occurs through
Home Parties
One on one consultation
Mobile location
All of the above
19. ______________ all contribute to ever more rapid change
Globalization, technology, and economic influence
Globalization, industrialization
Agriculture and in ward looking economic influences
Socialist economic influences
20. The sharing economic, the era of maker, the anywhere liquid force is_____________.
Inter mitten economy
Part of the force of change
Characteristics of developing economy
None of the above
21. __________ focus on seed funded startup on the cups of rapid growth.
Accelerator
Grant
Incubators
Banks
22. The Phase-1 original industrial revolution was between
1750-1870
1700-1750
1800-1850
1000-1500
23. When making your team for a start-up. A perfect team will comprise of
Marketer , technical engineer domain expert
Developer Designer domain expert
Developer Designer business developer
Both a) and c)
24. Solution channel from the solution (S0) model element
Most cost-efficient way to reach out to customers
Solution to problems being faced by customers
Research for target audience
Research to identify a market
25. Customer Experience insights
Collect, measures and manages customer insight a feedback
Are forms that customers is required to fill
Are not important for startups
Are a part of the business process which is neglected
26. The funding clusters are group of individuals that help funds a business at various stages of its lifecycle .
For the establish startups
Sed capitals
Funds for marketing's
None
27. Dashboards provide
The visualization of this information in ways that are easy to use and support taking action
Gives figures only
Great for prediction of growth
None of the above
28. A Loyalty program of marketing program elements is
Structure for employee locality
Structure for another partner's locality
Structure for encourage brand loyalty through encourage buying behaviour
Structured for loyalty towards certain products channel
29. The Performer leader
Great critical powers
Leads by examples
Loves the spotlights
Craves Freedom
30. Seo, email, direct marketing, telemarketing, social media are
Marketing tool
Place to find your audience
Both a & b
Business plan tool
29. Major category to support the eco-system of the entrepreneur are:
All the above
Policy
Intersections
Human capital
28. The essentialist entrepreneurs are essentially
Need based entrepreneurs where the key is necessity
Looks at the largest interest of the society
May need extra income for household
Both a&b
27. Opportunity is
The idea itself
The target audience
None of the above
The transition from an idea to a viable business
26. ____ speaks the totality of the brand
Logo
Advertisement
Tagline
Brand equity
25. Which of the statement below is true
The business remains static all times
As you grow and change, so will your business
There are no equation with adaptable structure that will fit your business through the ups and down
The business changes only at regular well-defined intervals
24.______ are high net worth individuals who invest their own money at early stages of a start-up’s life
Family and friend
Venture capitalists
Banks
Angels
23. Expansion can be partnered with diversification since a company in a scaling model will expand to
Verticals
Geographies
All of the above
New markets
22. A test trial allows for a prospective customer to
Try the product when not out in the market
Try your company product or services for a set duration of time
Try the product in the developmental stages
Both a &c
21. Solution channels from the solution (so) model element is
Most cost-efficient ways to reach out to customers
Research to identify a market
Solution to problems beings faced by customers
Research for target audience
20. The boulder thesis is defined as follows
The start-up community must be inclusive of anyone who wants to participate in it
The leader must have a long term commitment
All of the above
Entrepreneurs must lead the starts –up community
19. There are specific____ that every business will have in them
Modules
Both a&b
Elements
None of the above
18. Growth hacking is a program with one absolute focus. That is
Planning
Recruiting
Growth
Hacking
17. Sensory branding includes
All of the above
Voice
Touch, taste /smell
Sound
16. Brand identity elements are
Positing, tagline
Logo, name
All of the above
Colour, tagline
15. The performer leader
Craves freedom
Great critical power
Leads by example
Loves the spotlight
14. Customer experience personas are
First time customer
Unhappy customer
Ideal customer
Potential customers
13. Value preposition (vap) from the solution (so) model element is
Value of the employee
Values you deliver to the customer by solving a specific problem they have with a certain product or service
Value of the technology
Value of the product
12.there are many components to _____ inclusing card sorting, tree testing, eye tracking, focus group, A/B testing, surveys, interviews contextual inquiry and heuristic evaluation
All of the above
Usability testing
Behavioural testing
Benchmarking
11. We now share knowledge and create content collaboratively
In a variety of environment
Only with colleagues we must
Only in a strict formal surrounding
Only in an office environment
10. Resources diversification
Both b&c
Creates confusion in the market
May offer another potential scaling strategy
Extends your reach
9.______ all contributes to ever more rapid change
Globalization, technology, and economic influence
Socialist economic influence
globalisation, industrialization
Agriculture and in-ward looking economic influence
8. Positioning of a brand
The kind of store it will be placed in
The specific position in the store
None of the above
Is the unique value of the product to the customer?
7. The funding cluster are group of individual that help fund a business at various stages of its lifecycle. Funds raised through friends and family provide
None of the above
For the established start-ups
Funds for marketing
Seed capital
6. Liquid force is
Both a& b
An employee bur working remotely
Freelance worker
Individual hired on a project basis
5. Strategic foresight is the practice of creating
A functional view of the future, or future events and possibilities, in such a way as to take full advantage of opportunities
A functional view of the culture, or future events and possibilities to prepare for any possible adversity
Both a& b
None of the above
4. Individual in the talent clouds are
Specialist with varied experience
Can be hired as per the need and requirement
Specialist
All the above
3. The ________ can visualize the possibilities and translate the vision into wireframes for the technical engineer
Developer
Business developer
Domain expert
Creative, designer
2. funding that relies on financing from a large pool of backers usually made online through a web platform is
Venture capitalist
Boot strapping
Crowd funding
Family and friends
1. Some are forced to become entrepreneur. Reasons being
Passion
Because everyone is doing
Both a& b
Necessity
30. A test trial allows for a prospective customer to
Try your company’s product or service for a set duration of time
Try the product in the developmental stage
Try the product when not out in the market yet
Both a and c
29. SEO, email, direct marketing, social media are
Marketing tool
Both a&b
Places to find your audience
Business plan tool
28. What makes an idea unique?
Just one of a kind idea
The simplicity of an idea
Idea and how you connect the need, the opportunity and eventually the execution will make your version unique
The usage of the idea
27. The performer leader
Craves freedom
Leads by example
Great critical power
Loves the spotlight
26. GEM found that over a three-and-half year of period, 126 million women started or ran business and 98 million operated established business. GEM is
Global economic monitor
Global enterprise model
Gleneagles entrepreneurship monitor
Global entrepreneurship monitor
25. Elements of a great idea are
All of the above’
Uniqueness
Need and opportunity
Simplicity and vision
24. We now share knowledge and create content collaboratively
Only in a strict formal surrounding
In a variety of environment
Only in an office environment
Only with colleagues we trust
23.____ are high net worth individual who invest their own money at early stages of a start up’s life
Venture capitalist
Angels
Family and friends
Banks
22.____ are the powerful allies that are there for you and provide advice, perpective and guidance that transform you.
Friends
Advisor
Lawyers
Mentors
21. Bundling can occur with
The same product only
Only a company’s own product
A company’s own products/services, other companies products/services, or a combination of both
Complimentary products only
20. Some are forced to become entrepreneur reason are
Passion
Because everyone else is doing
Both a and b
Necessity
19. The essentialist entrepreneurs are essentially
Need based entrepreneurs where the key is necessity
Looks at the largest interest of the society
May need extra income for household
Both a&b
18. Which of the characteristics below holds true for an entrepreneur
Ability to take calculated risk
Take a path where others will not tread
Both a and b
Prefer to follow a template
17. The boulder thesis is defined as follows
The start-up community must be inclusive of anyone who wants to participate in it
The leader must have a long term commitment
All of the above
Entrepreneurs must lead the starts –up community
16. Positioning of a brand
The kind of store it will be placed in
The specific position in the store
None of the above
Is the unique value of the product to the customer
15. Solution channels from the solution (so) model element is
Most cost-efficient ways to reach out to customers
Research to identify a market
Solution to problems beings faced by customers
Research for target audience
14. The phase- 1- original industrial revolution was between
1000-1500
1750-1870
1700-1750
1800-1850
13. Liquid force is
Both a& b
An employee bur working remotely
Freelance worker
Individual hired on a project basis
12. Values (val), symbol (sym), balance (bal) are all
Peripheral cultural system
Personal culture elements
Addictive culture elements
Core culture elements
11. Dashboard provides
Great for prediction of growth
The visualization of this information in ways that are easy to use and support taking action
None of the above
Gives figure only
10. Sensory branding includes
All of the above
Voice
Touch, taste /smell
Sound
9. A landing page is
The entire website
A single page on a website dedicated to a specific promotion or deal that the company is offering
The home page
None of the above
8. mip as an innovation method element provide for
Accelerated use of licensing
Both A and B
Creation of joint ventures or spin-offs
None of the above
7. Which of the below is untrue when we speak of a romantic leader
Wants creativity
Competitive
Craves freedom
The instant expert
6. Growth hacking is a program with one absolute focus. That is
Hacking
Planning
Recruiting
Growth
5. Franchise as a part of the solution (so) approach elements is
Both a and b
An existing business privilege that you purchase
Part of your strategy to expand business
None of the above
4. ____ speaks the totality of the brand
Logo
Advertisement
Tagline
Brand equity
3. Major category to support the eco-system of the entrepreneur are:
All the above
Policy
Intersections
Human capital
2._____ focus on seed –funded start-ups on the cusp of rapid growth
Grants
Banks
Incubator
Accelerators
1. A perfectionist leader
Hates time lines and schedule
Feels pride in being needed
Lead by example
Both a and c