In this post, We have provided answers of the NPTEL Entrepreneurship Week 3 Assignment. We provided answers here only for reference. Plz, do your assignment at your own knowledge.
NPTEL Entrepreneurship Week 3 Assignment Answers July 2022
1. An effective Ideation facilitator would ideally be:
a. A computer analyst
b. An empathetic and creative thinker
c. A time conscious manager
d. A seasoned administrator
Answer:- b
2. What is a native prototype?
a. An improved product that is a hybrid of new and existing innards
b. A novel product developed on a zero-base approach
c. A product that reflects ethic nativity
d. A complete clone of an existing product
Answer:- b
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3. Which of the following is not a Smart Wearable?
a. Smart watch
b. Smart glass
c. Smart treadmill
d. Smart shoe
Answer:- c
4. An integrated model of prototype development requires:
a. Sequential design and manufacture
b. Diversified design and manufacture
c. Concurrent design and manufacture
d. Completely in-house manufacture
Answer:- c
5. Under the World Trade Organization’s TRIPS Agreement, patents granted by one state should be:
a. Available and respected only in the granting state
b. Available and respected in all the signatory states
c. Available and respected in the signatory as well as non-signatory states
d. Not available and respected in any state, signatory or non-signatory
Answer:- b
6. Which patent of Amazon granted in 1999 enabled the company dominate online book retailing?
a. “One-click” online purchase system
b. “One-click“ offline purchase system
c. “One-click” page search system
d. None of the above
Answer:- a
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7. For the performance testing of a prototype to happen, which of the following is not required as much as the others?
A. Product specifications
b. Testing methods
c. Testing equipment
d. External look and feel of the product
Answer:- d
8. Which of the following is a variable experience product?
a. Smart phone
b. Viewing movies from a movie library
c. Drinking water from a purifier
d. A luxury fashion accessory
Answer:- b
9. The Minimum Viable Product (MVP) version of a smart watch, beyond its timekeeping function, must be:
a. Its colour scheme
b. Its strap
c. Its dial face
d. Its health parameter tracking
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10. Field testing of a product should be based on:
a. Repeat of lab testing
b. Simulated operating conditions
c. Destruction testing
d. Lifelong testing
Answer:- b
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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.
Note:- We do not claim 100% Surety of Answers, we urge to your assignment at you own language.