In this post, We have provided answers of the NPTEL Entrepreneurship Week 2 Assignment. We provided answers here only for reference. Plz, do your assignment at your own knowledge.
NPTEL Entrepreneurship Week 2 Assignment Answers 2022 [July-Dec]
Q1. Which of the following products could help in developing several creative start-up product ideas?
a. Wheel
b. Pump
c. Gear
d. Any or All of the above
Answer:- d
2. In MBTI personality typology, ENTJ is the:
a. Rarest personality type that makes for highly effective leaders and CEOs
b. Most commonly found personality type that makes for submissive officers
c. Unique descriptor for product designers
d. Indicator for rule-book bound CFOs and lawyers
Answer:- a
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3. Kerr, S.P., W.R. Kerr & T. Xu in their paper, “Personality Traits of Entrepreneurs: A review of Recent Literature”, HBS Working Paper 18-047, November 2017 held that entrepreneurial characteristics are a part of:
a. Individual training
b. National culture
c. Industrial development
d. Global economy
Answer:- b
4. Entrepreneurial large-scale firms may succeed in creating:
a. Self-delusion
b. Conglomerates
c. Excessive competition
d. None of the above
Answer:- b
5. While entrepreneurs and start-up founders take risks, start-up founders take additional risks, primarily, of:
a. Experimenting with innovation and new business models
b. Experimenting with employees
c. Experimenting with public policy
d. Experimenting with customers
Answer:- a
6. The success of many start-ups such as RedBus, Swiggy, Airbnb, Uber and make my trip was based on:
a. Treating demand and supply separately
b. Focussing only on demand
c. Focussing only on supply
d. Aggregating and linking demand and supply digitally
Answer:- d
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7. Paperboat is an Indian startup that succeeded with a thematic grid that combined:
a. Ethnic Indian beverages with Ethnic Indian packaging
b. Global beverages with Ethnic Indian packaging
c. Ethnic Indian beverages with Contemporary modern packaging
d. Global beverages with Global packaging
Answer:- c
8. The fundamental and the first step of design thinking is:
a. Designing a product or service
b. Empathising with the customer
c. Prototyping
d. Developing a market plan
Answer:- For Answer Click Here
9. A true design thinking and ideation exercise involves:
a. Accepting the status quo
b. Questioning the basics
c. Relying on experts
d. None of the above
Answer:- b
10. Which of the following is a serious ideation mistake?
a. Lack of boundary
b. Lack of predefined purpose
c. Bias and closed-mindedness
d. Imaginary constraints
Answer:- c
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About Entrepreneurship
This course provides a detailed overview of entrepreneurship as the foundation of business growth and value creation in the national economy. It provides multiple constructs for entrepreneurs to be successful, and pathways for their companies to achieve sustainable growth. Each week/module of the course will cover one specific theme/topic with conceptual perspectives as well as practical examples.
Upon successful completion of the course, the student will gain an expansive and deep appreciation of entrepreneurship and its pivotal role in the economy. The student or aspiring entrepreneur will be able to approach entrepreneurship with clarity and focus, and an enhanced understanding of the key success factors as well as possible risks and potential mitigation strategies. A practising entrepreneur is likely to be able to navigate the opportunities and challenges of entrepreneurship more effectively with the additional insights available.
COURSE LAYOUT
The course structure and content covers, over a period of 12 weeks, the following 15 modules.
- Module 1: Entrepreneurial Journey
- Module 2: Entrepreneurial Discovery
- Module 3: Ideation and Prototyping
- Module 4: Testing, Validation and Commercialisation
- Module 5: Disruption as a Success Driver
- Module 6: Technological Innovation and Entrepreneurship – 1
- Module 7: Technological Innovation and Entrepreneurship – 2
- Module 8: Raising Financial Resources
- Module 9: Education and Entrepreneurship
- Module 10: Beyond Founders and Founder-Families
- Module 11: India as a Start-up Nation
- Module 12: National Entrepreneurial Culture
- Module 13: Entrepreneurial Thermodynamics
- Module 14: Entrepreneurship and Employment
- Module 15: Start-up Case Studies
CRITERIA TO GET A CERTIFICATE
Average assignment score = 25% of average of best 8 assignments out of the total 12 assignments given in the course.
Exam score = 75% of the proctored certification exam score out of 100
Final score = Average assignment score + Exam score
YOU WILL BE ELIGIBLE FOR A CERTIFICATE ONLY IF AVERAGE ASSIGNMENT SCORE >=10/25 AND EXAM SCORE >= 30/75. If one of the 2 criteria is not met, you will not get the certificate even if the Final score >= 40/100.
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