Entrepreneurship All Ques. Collection (Helping Hand)
Entrepreneurship All Ques. Collection (Helping Hand)
Questions Collection
Helping Hand
Helping Hand
Project Management: Government Projects Answers
Question 1 of 1
a Execution
b Award
c Contract
d Design
Question 1 of 4
a FALSE
b TRUE
Question 2 of 4
Project managers should make sure all decisions are made by them.
a TRUE
b FALSE
Question 3 of 4
a competition
b customer
c project manager
d sponsor
Question 4 of 4
a detailed
b informal
c high-level
d complex
Question 1 of 4
Helping Hand
Change requests should always be submitted in writing.
a FALSE
b TRUE
Question 2 of 4
Project managers should make sure all decisions are made by them.
a TRUE
b FALSE
Question 3 of 4
a competition
b customer
c project manager
d sponsor
Question 4 of 4
a detailed
b informal
c high-level
d complex
Question 1 of 4
An SOO is preferred over a PWS when details are not specific for the intended results. It
offers more flexibility to contractors.
a TRUE
b FALSE
Question 2 of 4
a Award
b Design
c Pre-Award
d Post-Award
Question 3 of 4
Helping Hand
One of the 3 major project constraints is _____.
a cost
b resources
c laws
d quality
Question 4 of 4
Question 1 of 4
When you are assigned the project manager role, you should _____ the deliverables.
a delegate
b verify
c document
d discuss
Question 4 of 4
You should only request a debrief with the agency if your company isn’t awarded a contract.
a FALSE
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b TRUE
Question 1 of 7
a debrief
b postmortem
c stakeholder
d closeout
Question 4 of 7
Key Performance Indicators are best for determining if your project is _____.
a planned Explanationly
b saving money
c on track
d customer friendly
Question 5 of 7
a monitoring
b planning
c execution
d change control
Question 6 of 7
Helping Hand
All of the following are baselines included in a Project Management Plan, except: _____.
a scope
b cost
c schedule
d appeal
Question 7 of 7
Administrative closure begins before the completed deliverables have been transitioned to
the government.
a TRUE
b FALSE
Helping Hand
Leading in Government Answers for Quiz and Final Exam
Question 1
How would you Explanationly describe a vision statement and a mission statement?
e A mission statement is a long-term planning guide. A vision statement is what your agency
provides residents.
f A vision statement is what your agency does. A mission statement is a detailed strategy
for how your agency will meet its mission.
g A mission statement is what your agency wants to be in the future. A vision statement is
how you will meet residents’ needs in the present.
h A vision statement is what your agency wants to be in the future. A mission statement
is how you will meet residents’ needs in the present.
Question 2
c Review Objectives
d Review Current Procedure
e Conduct Research
f Look To The Future
Question 3
Once you have identified the tasks to achieve a particular objective, what should you look at
next when managing your agency’s resources?
Question 4
Li is the new agency Finance Director. What can Li reliably use as a baseline when she
creates her first agency budget?
Helping Hand
You have four new employees in the eight-member Streets Department. There is a major
street replacement job and a simple repaving job. How should you use these new
employees to develop their skill sets?
e Have all four employees work on the major project and assign four experienced
employees to the small project.
f Have each employee matched with an experienced employee to watch how experienced
employees work.
g Have two employees on the major project to gain experience and two employees on the
small project in a lead role.
h Have one employee on the major project in a leadership role and the other three
employees on the small project.
Question 6
What does research find to be the most significant factor in public sector employee
motivation?
c training opportunities
d growth opportunities
e recognition
f salary and benefits
These are Leading in Government Answers for Quiz
Question 7
You are making your first presentation to a community group. Now that you have gotten
over your fear, how can you most effectively reach your audience?
Helping Hand
g when you create an original plan
Question 1 of 8
Once an agency articulates its goals, what is the next step in meeting these
goals?
e efficiency
f completeness
g timeliness
h effectiveness
Question 3 of 8
What is the best thing you, as a public sector director, can use to lead
continuous improvement in your agency?
e observations
f data
g training
h suggestions
Question 4 of 8
At which two points is feedback most effective in improving behavior?
e What type of reflective clothing will the workers wear to keep them safe?
f The public’s thoughts about the street repair project.
g How the traffic will be routed around the work area?
h How will the public perceive the number of people working on one project at a time?
Question 6 of 8
In order to be truly open to innovative solutions, what must you do first?
Helping Hand
Question 7 of 8
Who, what, when, where, and why are essential elements in any
communication plan. The “what” is an Easter egg hunt at City Hall. Which element will be
the final step in your communication plan?
e How
f Why
g Where
h When
Question 8 of 8
The Audit Department has an employee suggestion box for ideas on ways
they can do their jobs better. Once employees’ ideas are received, what should you as
Department Director do with the best ideas?
c Have a one-on-one meeting with the employees who made the suggestions.
d Modify procedures to incorporate the suggestions.
e Compile the suggestions for the next city council meeting.
f Share the suggestions with Lake City senior leadership.
Helping Hand
Social Media Marketing for Small Business Answers
“Content” refers to all of your organization’s stories, both online and off, and everything you
produce to tell customers about your business. What does it include?
Why would you pay to promote a post on Facebook when an organic post (unpaid update)
reaches the people who liked your page just as well?
a. Organic posts from an organization’s Facebook page no longer have the same
reach without paid promotion. Facebook is a pay to play platform for brands.
b. If you use video in an organic post, there’s no need to pay for it because
Facebook favors video over text.
c. Boosting a post guarantees that they’re at the top of a user’s newsfeed.
d. When you pay to promote a post on Facebook, it automatically shows up on
other websites a user visits.
Question 3 of 4
a. Brand pins are treated the same as consumer pins, so you don’t need to
advertise.
b. You can set your pins to automatically disappear after 24 hours.
c. The image you share on Pinterest points back to the original source, so it
becomes a good driver of traffic for your website.
d. Consumers set up stores that sell their collections and crafts.
Question 4 of 4
Helping Hand
d. Integrated marketing is when you outsource all of your marketing initiatives to
an agency or agencies.
In a social media plan, the _ section includes taking an honest look at the business landscape
and what things could stop you from achieving your goal.
a. Tactics
b. Goal
c. Objective
d. Strategic Considerations
Question 2 of 2
One common marketing tactic is when you compare two creative options to determine the
one that performs best. What is this called?
a. A/B test
b. hashtag
c. livestream video
d. community manager
• work by yourself without input from others, so you can control the strategy
entirely
• all of these answers
• pick the best channels and times to connect with your customers
• set soft metrics and goals
Question 2 of 8
The best way to set a goal and define your success with social media is with the number of
“likes” your Facebook page is getting.
• TRUE
• FALSE
Question 3 of 8
_ refer(s) to the tactics for improving how your website or blog is discovered in search.
Helping Hand
• Data visualization
• Mobile
• Keywords and tags
Question 4 of 8
What is true of a social media policy?
Question 5 of 8
What do you call private messaging between people or between organizations and their
customers?
• Chat
• Dark mode
• Dark social
• Dark web
Question 6 of 8
Which of the following strategies represents how best to use social media to build
relationships with your customers?
• use Google to find the best content management systems for organizing
prospects
• none of these answers
Helping Hand
• listen to the conversations your customers and prospects are having and
understand what they’re looking for
• frequently post content to the social media sites where your prospective
customers spend the most time
Virtual Selling for Sales Professionals Answers
Question 1 of 4
If you are a salesperson doing virtual sales calls, how should you frame yourself in the video
screen?
Why is looking at social media while working considered going down a rabbit hole?
Amira makes a large sale with a customer in Korea and then calls a customer in Bolivia. She
jots down her notes from the Korea sale during the Bolivia call. What is her biggest mistake
here?
Question 1 of 2
Helping Hand
Ishaan always looks up a prospect on LinkedIn before he makes his first sales call. What is
the most beneficial reason he does this?
a. so he can learn the name and position of the right individual to call
b. so he can determine how highly customers regard the company
c. so he can start the call by bringing up a shared connection or a shared interest
Question 2 of 2
You have the opportunity for a sixty-minute sales call with a new customer. In what part of
your call should you spend the most time?
a. Rapport
b. Discovery
c. Pricing
Question 2 of 2
When Linda was a route salesperson, she had an uncanny ability to build trust from the first
face-to-face sales call. Now that she is selling virtually, how will she build the same kind of
trust?
a. by not abandoning the approaches that worked well in her face-to-face sales
calls
b. by having a virtual presence that exudes confidence and professionalism
c. by starting every call with an explanation of how her products can solve the
customers’ problems
Question 1 of 4
Among the types of sales questions, which ones elicit information that a salesperson can
find online?
a. Heart questions
b. Skin questions
c. Bone questions
Helping Hand
Question 2 of 4
Chen has a very tight sales presentation that has been moderately successful to her. What
might Chen be missing that can make her even more successful?
Khalid is observing the new salesperson, Natalia, make a virtual sales call to a prospect. He
notices Natalia uses very animated hand gestures. What should Khalid say about this?
a. Applaud Natalia for the way she engages with her prospect.
b. Instruct Natalia to not fidget as much when she is on a sales call.
c. Explain that Natalia should focus on her message and not engage in visual tricks.
Question 4 of 4
When Mariana makes a video sales call, she likes to make sure her face appears on the
screen in an engaging way. How can she best do this while providing an interactive
experience with her customer?
Question 1 of 1
How does a “temperature check” differ from the traditional sales approach of an
assumptive close such as, “Is Tuesday good for you, or is Wednesday better?”
a. A temperature check makes the customer take the next action that requires
an effort, rather than you setting a meeting that they can cancel.
b. A temperature check informs you that customers are ready to buy once you
provide the specifics of how your solution will solve their problems.
c. A temperature check reveals the likelihood of the customer being ready to buy
now, so you can avoid an unnecessary follow-up meeting.
Social Selling: Reaching Prospects Answers
Question 1 of 2
Helping Hand
c. Urgent tasks have a deadline; Important tasks affect your world.
d. Urgent tasks are optional; Important tasks are essential.
Question 2 of 2
Question 1 of 2
When Social Selling, why might it be more beneficial to search through a company’s
LinkedIn page rather than search for a contact directly in the LinkedIn Search Bar?
a. Searching the page helps gives you direct access to their logo.
b. Searching the page helps you find the age of the CEO and other key executives.
c. Searching the page helps you get a better feel for the business.
d. Searching the page helps you find a direct link to their website.
Question 2 of 2
When purchasing data from a 3rd Party, what should you be cautious of?
a. where the data has been sourced and whether it breaks any data protection
laws
b. which font the information will be displayed in
c. where the 3rd party data provider’s office is located
d. the accuracy of the data, such as employee titles and business turnover
If you have the email address of David Jackson at Acme Ltd (david.jackson@acme.com) and
you wanted to email Joanna Burgess, what is her email likely to be?
a. joanna@acme.com
b. joanna.burges@acme-limited.com
c. joanna.burgess@acme.com
d. j.burgess@acme.com
Question 1 of 1
Helping Hand
Calling a prospect’s mobile phone is more impactful when introducing yourself than calling
their desk or office phone. Why?
a. The prospect might have a brand new smartphone and will want to use it
instead of their boring desk phone.
b. Calling someone on their mobile is more personal and catches their attention,
as it’s a channel other salespeople don’t often use.
c. If the prospect is talking on their mobile phone, they can walk around their
office while talking to you.
d. Sound quality is far better on a mobile phone than on a standard desk phone.
Helping Hand
Finding and Testing Your Business Idea Answers
What is not a step in the original process of narrowing down your list to the best five
business ideas?
a. Which discovery will help you with your new business idea?
b. Discover people’s pain.
c. Discover what other people are wanting and needing.
d. Discover business annoyances.
e. all of these answers
Question 3 of 3
What is not the best starting point when it comes to finding your new business idea?
A _____ advantage, like a patent or a trademark, can add a tremendous amount of value to
your business idea.
a. monopoly
b. proprietary
c. proprietor
d. monarchy
Question 2 of 4
The _____ number is overhead divided by the contribution margin. This is what you need to
double every month to make sure your business is highly profitable.
Helping Hand
a. sale
b. profit
c. break-even
d. expense
Question 3 of 4
Think twice before immediately seeking out a _____ who has a skill that you lack.
a. employee
b. freelancer
c. contractor
d. partner
Question 4 of 4
a. resources
b. profitability
c. demand
d. geographic region
In order to test the business opportunity you have chosen, you need to create
a _____ before you invest any money.
Helping Hand
If you run your test, and all results are successful, what should you do next?
What has been found to work best for testing a business opportunity that offers services,
and can be customized geographically?
a. none of these
b. a listing on Craigslist
c. a website that explains what the business offers
d. a phone number for people to call and get information about the business
Question 3 of 4
When testing your business idea, who should not be a source to ask for feedback?
The micro-message that you need to set for your business ideas should not _____.
Question 2 of 7
In order to finalize your single best business idea out of your top five ideas, you need to take
each idea through all of the _ factors to test it.
Helping Hand
opportunity
distribution
profitability
marketability
Question 3 of 7
The process of figuring out if you need to sell the product over the internet, in stores, or
face-to-face helps you discover your _ model.
profit
distribution
resource
expense
Question 4 of 7
What is an effective way to cheaply test the viability of your business idea?
Question 5 of 7
_ like materials, equipment, and money are what you need to assess carefully before you
start your business.
Skills
Resources
Profits
Services
Question 6 of 7
What is not a recommended testing option?
billboard
online ads
pay per click
in-person survey
Question 7 of 7
What is not an opportunity factor that leads to a successful business?
Helping Hand
Unique Ways to Generate Creative Ideas Answers for Chapter Quiz
Question 1 of 2
How can individuals banish the inner critic that keeps them from being creative?
a. SHIFT
b. external
c. eustress
Question 1 of 4
How can using the ancient concept of “genius” to unleash your creativity?
a. Be consistent.
b. Invite
c. Be ready.
Question 3 of 4
You invited creative ideas to come to you, and an idea came. What should you do next?
Which muse would you call on to pull in positive feelings and energy from past experiences?
a. Aoide
b. Melete
Helping Hand
c. Mneme
Question 1 of 3
When you flip your habitual thinking scripts, what benefit do you derive from working hard
at doing nothing?
How should you deal with serendipity if you want to be truly creative?
Some companies with creatives set aside a room for fun and play. Why do they do this?
Question 1 of 3
You own a small advertising company. How can you create a macroenvironment in which
your employees’ creativity can flourish?
Helping Hand
b. Convert the parking lot into a playground.
c. Let your employees decorate their workspaces however they want.
Question 3 of 3
Question 2 of 11
What is the first step in transforming negative stress into positive stress?
Question 3 of 11
When an idea you have invited in comes to you, why is it important to ask questions of the
idea?
to learn why the idea chose you to bring it into the world
to learn if you are bringing the idea into the world correctly
to learn how the idea wants you to bring it into the world
Question 4 of 11
What are the two Cs in shifting and shaping space in order to be creative?
Question 5 of 11
What effect do constraints have on your creativity?
Helping Hand
They smother your creativity.
They shorten your time to find creative solutions.
They enhance your creativity.
Question 6 of 11
What is the greatest hindrance to an individual feeling they can be creative?
Question 7 of 11
What part does serendipity play in creative inspiration?
Question 8 of 11
What is the thought behind inviting ideas to come to you?
that ideas are external forces that choose you to bring them into the world
that ideas are an unending flow from which you can pick the best one
that ideas are forces inside you waiting for your invitation to come out
Question 9 of 11
What is the relationship between mood and creativity?
Emotions, whether good moods or bad moods, stifle people’s ability to be creative.
Bad moods motivate people to be more creative to make the bad mood go away.
Good moods silence people’s inner critic and let them go to a place of boundless
imagination.
Question 10 of 11
What step in getting started creatively includes the psychological hack of jotting down some
notes?
Start Anywhere
Enjoy the Moment
Get Ready
Question 11 of 11
If your usual way of thinking up creative ideas is not working, how can flipping your habitual
thinking scripts help you?
Helping Hand
You begin to think exclusively.
You begin to think inclusively.
You begin to think continually.
a. a way of thinking that entrepreneurs adopt through taking certain actions and
habits
b. a playbook for founders of small businesses
c. a secret recipe to how entrepreneurs find success
d. a map of the Entrepreneurial mountain range
Question 2 of 2
Question 1 of 3
What is an effective thing you can do to find more motivation to think commercially?
According to Daniel Pink, what are three root sources of intrinsic reward?
Helping Hand
a. Liberty, Equality, and Fraternity
b. Bonuses, Free Healthcare, and Company Cars
c. Autonomy, Mastery, and Purpose
d. Pizza, Doughnuts, and Ice-Cream
Question 1 of 3
Before you try to rethink how you do things on your team, what step could you take to
make sure any changes will be well received?
Psychological Flexibility is the ability to (1) accept the present moment, even when the going
gets tough and (2) to stay focused on what’s important to you, even if that means _____.
If you are thinking about applying the ‘Feel the fear and do it anyway’ mantra to a situation
in your life or at work, what extra step might help you ensure a successful outcome?
Question 1 of 3
Helping Hand
Question 2 of 3
Helping Hand
Entrenerprenaurship Foundations Linkedin Learning
Que 2: Cami is starting her own business canning homemade gourmet sauces. If she begins
with a side hustle, what can Cami do?
• Cami can sell her sauces at a local farmers’ market.CorrectThis will allow Cami
to test the market for her sauces, before diving in and incurring significant
cost for a product that might not sell.
• Cami can approach grocery store managers to put her sauces on their
shelves.IncorrectA side hustle is a low-cost way to test the waters; Cami would
have to produce large amounts of her sauce to get space at a grocery store.
• Cami can gather her friends and relatives for a sales party.
• Cami can create packaged meals to use with the sauces.
Que 3: You are having difficulty coming up with a company name that is catchy and
memorable. Which tried-and-true method can help you?
• Use terms in the popular culture.IncorrectIf you choose terms popular with
Generation X, they might not be understood by Millennials or Baby Boomers.
• Examine company trademarks.IncorrectThis will reveal names that are already
in use, which means you cannot use them.
• Search through social media.IncorrectIf you do this, you will spend most of your
time finding names that are already in use.
• Refer to history or fiction.
Helping Hand
Que 4: You are considering seeking funding from friends and family for your startup
business. What best practice should you follow?
Que 5: You are an entrepreneur looking for a mentor. What advice should you follow?
Que 6: You implemented a marketing strategy for a product that ended up being costly
because customers were not buying it. Which approach would have helped you avoid this
situation?
Que 7: In using the “three W’s” marketing strategy, what should you focus on first?
• the who
• the when
• the where
• the what
Helping Hand
Que 8: When considering a product partnership, which key questions should you ask?
• Is the potential partner’s product distinct enough to not compete with me, and
can the partner help grow my business?
• Does the potential party share the same audience, and can the partner help
grow my business?
• Does the potential partner share my vision, and can the partner provide funding
for my business?
• Is the potential partner well-funded, and can the partner provide me with
business connections?
Que 9: What is the best tip to help you avoid being seen as a nuisance by potential
customers?
finance cards
credit cards
Attempted correct option
charge cards
debit cards
Question 2 of 11
Which strategy should you start with when seeking publicity for your personal brand?
Helping Hand
Question 3 of 11
There are a number of myths about venture capital. What is actually true about venture
capital and venture capitalists?
Question 4 of 11
Kumar is starting a business and decides to use bootstrapping for his funding. His funding is
both startup and growth. What is Kumar doing?
copying what other successful new businesses did to start up and grow
using his own labor in place of monetary funding to start up and grow
borrowing money from relatives and friends to start up and grow
using his own savings and profits to start up and grow
Question 5 of 11
If you are growing your network of connections with friends and family, what do you want
to AVOID?
Question 6 of 11
How are business coaches different than mentors?
A business coach can only look at problems superficially, but a mentor can take a deep-dive
into problems.
Unlike business coaches who have full-time day jobs, mentors can spend many hours per
day with you.
Attempted incorrect option
Unlike mentors, business coaches know your business, so their feedback is biased.
Your success is a full-time job for business coaches, while it is only part of a mentor’s
unpaid job.
Helping Hand
Question 7 of 11
Jaime decides to use the Myers-Briggs personality assessment to identify pitfalls within
himself. Why should Jaime do this?
Question 8 of 11
Who is the ideal partner to bring into your new business?
Question 9 of 11
Jackson is looking to grow revenue but needs to buy inventory and equipment. Which type
of capital will help with this?
financial
Attempted incorrect option
nonfinancial
human
intellectual
Question 10 of 11
You have the financial resources to start your own business. Before proceeding, what
question should you ask yourself?
Question 11 of 11
Why should you engage with the early adopters of your product or service?
Helping Hand
They give you feedback to help improve your product along the way.
They become a walking billboard for your business.
They are excited to help you grow your business.
your customers
Question 2 of 12
What is a profit pool?
the return your investors make when you sell your company
the profit dollars available in a given market
a measure of how much profit you make
how much of your profits are taxable
Question 3 of 12
What does the “T” in SWOT stand for?
teams
training
threats
taxes
threats
Question 4 of 12
The threat of substitutes is the risk you face when _.
your customers can use a different product to solve their problem
your employees are absent and you use lower skilled workers
your suppliers swap out cheaper components in your product
you use the wrong numbers in your financial projections
Helping Hand
Question 5 of 12
The product development roadmap describes _.
how your competitor’s product has evolved over time
how your research and development process works
how you’ll build your product over time
the routes you’ll use to distribute your product
Question 6 of 12
When you describe your points of differentiation versus competitors, those differences
must be _.
aspirational
your weaknesses versus competitors
spelled out in writing
substantial and meaningful
Question 7 of 12
What does the sales section of your business plan explain?
the profit margin you earn on each sale
how much revenue you’ll earn each year
your FOB delivery terms for each sale
how you’ll sell your product to your customer
Question 8 of 12
A brand is a _.
marketing campaign
promise
sales plan
logo
promise
Question 9 of 12
What must your production plan explain?
what kind of staffing you need to make your product
whether you’ll insource or outsource production
all of these answers
how your production matches your strategy
Helping Hand
Question 10 of 12
What is the most expensive form of compensation?
equity
bonus
cash
perks
equity
Question 11 of 12
What is one way to exit your business?
short sale
bank refinancing
acquisition
mass layoffs
acquisition
Question 12 of 12
Your financial forecast should be _.
built based on unit drivers
optimistic and exciting
built top down
extremely precise
Question 2 of 12
When choosing suppliers, you should select the one that is _.
Helping Hand
Question 3 of 12
Your financial forecast should be _.
extremely precise
built top down
optimistic and exciting
built based on unit drivers
Question 4 of 12
Which of the following is not a type of revenue model?
recurring
positive amortization
one time fee
cost plus margin
b) positive amortization
Question 5 of 12
Which of the following affects how you support your product?
Question 6 of 12
What must your production plan explain?
Question 7 of 12
What is the most important thing your product delivery plan should focus on?
Helping Hand
d) how you get your product into your customers’ hands
Question 8 of 12
What’s a warning sign that your financial plan isn’t accurate?
Question 9 of 12
What does your value proposition describe?
Question 10 of 12
What are two things you must know about your capital on hand?
Question 11 of 12
What does the sales section of your business plan explain?
Question 12 of 12
Why should you have expert advice when it comes to HR and legal issues?
Helping Hand
to prevent major regulatory and legal issues from harming your business
because you don’t have time to do it on your own
c) to prevent major regulatory and legal issues from harming your business
• FALSE
• TRUE
Question 4 of 19
Patents are the absolute best way to protect your market.
• FALSE
• TRUE
Question 5 of 19
What does your value proposition describe?
• to prevent major regulatory and legal issues from harming your business
• because you don’t have time to do it on your own
• because it’s less expensive than doing it yourself
• so that you can impress investors
Question 8 of 19
Your go-to market strategy explains how you’ll get your product to your customers.
• FALSE
• TRUE
Question 9 of 19
Financial assumptions don’t really matter as long as they’re generally reasonable.
• TRUE
• FALSE
Question 10 of 19
Which option affects how you support your product?
• FALSE
• TRUE
Question 12 of 19
Members of your advisory board should always have deep expertise in your industry.
• FALSE
• TRUE
Question 13 of 19
Understanding market trends has no impact on risks your business faces.
• TRUE
• FALSE
Question 14 of 19
What is a moon chart?
Helping Hand
• a map of the moon
Question 15 of 19
What is not a type of revenue model?
• positive amortization
• recurring
• one time fee
• cost plus margin
Question 16 of 19
When choosing suppliers, you should select the one that is _.
• TRUE
• FALSE
Question 19 of 19
The way you define your product must explain benefits to your customer.
• FALSE
• TRUE
Helping Hand