QUESTIONS

ENTREPRENEURSHIP AND TECHNOLOGICAL INNOVATION

Instructions: Read and carefully analyze each question and choose only one answer option.

Who is referred to as an entrepreneur?

a) That person who identifies an opportunity and organizes the necessary resources to
welcome her.
b) That person who fails to identify a business opportunity and decides to organize the resources.
necessary to bring them into operation.
c) That person is practical who does not believe that they can control their own destiny and who takes

decisions actions taken to achieve objectives.

That person who does not seek to unify ideas and achieve consensus in the face of the problems they encounter.

present yourselves.
2. What is an entrepreneurship?
a) A lifestyle.
a project that presents several obstacles.
c) An activity that generates profits.
An idea that an individual proposes.
3. What is the concept of entrepreneur related to?
a) Design and innovation
b) Innovation and risks.
c) Problems and solutions.
d) Design and solutions.
4. Which of the following options are categorized as qualities of a good entrepreneur.
a) Respect, vision, sensitivity, and leadership.
b) Loyalty, creativity, sensitivity, and passion.
c) Passion, respect, leadership, and loyalty.
d) Vision, passion, leadership, and creativity.
5. What identifies an entrepreneur?
a) Customer disasters
b) Business opportunities
c) Immediate solutions
d) Service feasibility
6. Within the entrepreneurial field, there are several characteristics, among which is creativity.
entrepreneur, how is this creativity defined?
a) It is the process through which business ideas are generated, developed and
transformed into added value.
b) It is the process through which business ideas are neither generated nor developed and yet
transformed into added value.
c) It is the process by which business ideas are generated, developed but are not
transformed into added value.
d) It is the process by which business ideas are conceived, planned, and transformed into
mutual value.
7. What are the groups that encompass the types of innovation?
a) Structure, processes, offer, and delivery.
b) Structure, clients, processes, and delivery.
c) Structure, clients, product, and organization.
d) Processes, management, offer and delivery.

8. What should entrepreneurs be like?

a) Disorganized, unsociable, intelligent, and negative.
b)Conformists, failures, noncompliers, and timid.
c) Insecure, responsible, uncooperative, and complacent.
Creative, daring, organized, flexible, and self-taught.
9. Ventures are based on two predominant factors which are:
a) Need and opportunity.
b) Season and opportunity.
c) Interest and competitiveness.
d) Competitiveness and opportunity.
10. What is a company?
It is a socio-technical system that allows for the development of better planning techniques.
b) It is a socio-technical system that aims to meet the needs of a society.
c) It is a system that warrants taking into account a solution to a problem.
It is a system that allows the commercialization of activities.

11. Generally, there are various reasons why people decide to create businesses,
some of the most common are:
a) If you are unemployed, need for economic independence or to improve your income, challenge
personal or self-realization.
b) If you are unemployed, the need for financial independence or to improve your income, because the
parents force him.
c) Requires more work than it already has, need for economic independence or to improve its
income, personal challenge or self-actualization.
If you are unemployed, personal challenge or self-realization, you are forced to undertake a venture.
12. What factors lead to the creation of a company?
a business idea
b) Personal challenge

c) A person or team of people with a business idea.

d) Process of an entrepreneur.
13. What are the principles of entrepreneurship and productive innovation?
a) Presumption of good faith, solidarity, speed, and interconnection.
b) solidarity, connection, courage, and position.
c) Speed, income, self-realization, and expenses.
d) Presumption of good faith, work, foreign trade and technology.
14. In what year did Ecuador collect information from 2060 adults and 37 experts?
nationals that allowed identifying and analyzing the characteristics of the activity
entrepreneur in the country?
in the year 2008.
In the year 2011.
c) In the year 2014.
In the year 2017.
15. What should be the objective of an entrepreneurial person?
a) Always move forward, regardless of the risk that may be taken. And if there are obstacles, they must be
face with optimism.
b) Not interested in entrepreneurship in the slightest.
c) Not searching for resolutions and solutions to problems.
d) Highlight certain attitudes and aptitudes in personality.
16. What factors do you consider important for starting a business?
a) That the product or service I offer satisfies me more than my client.
b) Make money quickly and effectively.
c) Take into account the needs of my client in order to provide my knowledge about the
theme.
d) Buy the product and offer it to the customer in a demanding manner.
17. What is meant by a business idea?
a) To the initial form that the first notions of the company to be created acquire.
b) It is the virtue of managing reasonable expectations regarding the company.
c) It is considered one that aims to take a step further.
N.A.
18. According to the manual for identifying business opportunities, which of the following is
a business idea?
a) Ideas based on needs.
b) Ideas from stories.
c) Ideas aside from what we like
N.A.
19. What attributes must be met for a business idea to be considered?
a) It should not be associated with a notion of product - and it is unethical.

b) Being associated with a notion of product - Customers who have the need for the product -
Generate the income that we need or aspire to.
c) It should not represent something we can commit to - There is no enthusiasm.
N.A.
20. What does the profile of the entrepreneur demand?

a) Requires being a friendly, flexible, attentive, and organized person.

b) Requires being a creative, innovative, daring, flexible, organized, and self-taught person.
c) Requires being a communicative, legible, tolerant, and creative person.
It requires being a positive, organized, responsible, and patient person.

21. What steps should the profile of potential clients suggest?

a) Defining the Profile, Determining the client volume.
b) Defining the response to a need.
c) Defining the difference in understanding the sector.
N.A.
22. Which of the following items belongs to the characteristics of an entrepreneur?
a) Sense of opportunity, vision, organization, self-esteem
b)Amabilidad, Fortaleza, Grandeza, colaboración
c) Fear of competition, envy, distraction
N.A.
23. What is the culture of entrepreneurship?
a) Cultural environment that fosters the development of entrepreneurial projects, such as processes of
foundation of activities, projects, businesses of an economic, social, political nature.
b) The process of designing, launching, and managing a new business.
c) Bad business idea.
Non-profitable investment.
24. What are the types of societies established for the benefit of the community?
a) Community Interest Companies from the United Kingdom, social enterprises in Italy.
b) Advice for the innovation of growth, general services for entrepreneurship and innovation.
c) Promotion of entrepreneurship and creation of new businesses.
d) Sole entrepreneurship, multi-personal entrepreneurship.
25. Which of the following characteristics, according to Buskirk, should an ideal business have?
a) To require a large number of workers.
b) It does not require investment and has an established market.
c) To have sophisticated technology.
d) Not having identified the need and the required product.

26. How is sustainability achieved?

a) Economic growth, care for the environment, and social development, which is equivalent to saying
prosperity, planet and people.
b) Not using resources properly.
c) Use the profits on unnecessary things.
d) All of the above.
27. Which of the following statements contains the characteristics of the ideal business?
a) Does not require investment. There is already an established market. The demand is frequent and
continue.
b) Being fit. Need for information. Interdependence of national economies.
c) Decrease in household income. Increase in activities in a sector of the national economy.
N.A.
28. Where was lean production conceived?
Ecuador
Spain
c) Japan
Italy
29. Why is sustainability important?
a) Factor of not prospering as an entrepreneur.
b) Key factor to promote growth in new markets with an eye on the
economic recovery.
c) Key factor for having losses.
d) None of the above.
30. What is service innovation?
The business model is how a company operates and makes money.
They are like product innovations when it comes to selling them directly to the customer,
for example, insurance or management consulting.
c) They refer to both tangible products and intangible services, such as the services that
They satisfy the needs of the customers and are therefore purchased by them.
N.A.
31. What is a Business Plan?
a) Instrument that will allow identifying the characteristics of the potential customer's profile from a
centered estimation.
b) Instrument that will allow for the necessary quantifications for the deployment of the
business proposal and obtain the required support for its implementation.
Instrument that will allow various approaches, exercises, and examples that help conceive the
business idea, analyze whether it is a real opportunity.
d) Instrument that will allow us to identify activities that generate economic benefits,
that do not require developing a lasting organizational system.
32. What is an attribute of a business idea?
It must be associated with a notion of product (whether it is a good or a service).
b) She must be clear about what she expresses.

c) I must have an idea of where I want to go in the long term.

d) It must have accompanying sources of information.
33. In what year did Richard Buskirk from the University of Southern California propose designing a framework?
of analysis to evaluate the strengths and weaknesses of any idea that one wishes to assess
its potential as a business opportunity?
a)a)1996
b)b)1789
c)c)1987
1985
34. According to the entrepreneurship law in article 66, numeral 15 of the Constitution of the
Republic of Ecuador, what is guaranteed and recognized in individuals?
a) The right to develop economic activities, individually or collectively, in accordance with
the principles of solidarity, social and environmental responsibility.
b) Mediation and other alternative procedures for conflict resolution.
c) Recognizes the human being as both subject and end, promotes a dynamic and balanced relationship between
society.
d) The right to property in its public, private, communal, state, associative forms,
cooperative and that it must fulfill its social and environmental function.

35. What do we mean when we say that the conditions for starting a business are not
favorable?
a) Develop a grocery delivery and distribution business.
b) Detect the need for a first matter.
c) Wishes or aspirations but not of businesses.
d) Value that makes it attractive.
36. Which of the following items belongs to the pillars of Lean production:
a) Pursue perfection.
b) Change of variable.
c) Barter of products.
d) None of the above.
37. Everything you undertake to achieve success, what should you consider?
a) Take advantage of the sustenance that our business provides us.

b) Solve problems and make timely and firm decisions effectively.

c) Doubts about your innovative idea.

d) None of the above.

38. What would be the correct definition of the term organization?
a) Combat fear or start a sustainable business
b) Achieve the objectives and characteristics that have been set
c) Establish a schedule of activities that is planned with the ability to receive adjustments
permanents.
N.A
39. Which of the following options belongs to station three of the Identification Manual?
of business opportunities?
a) The work plan to build the business map.
b) Evaluating the business opportunity based on our capabilities and interests.
c) Visualizing the business opportunity.
d) The business as a starting point for what will be a company.

40. The business condition (in its sense of buying-selling) in principle generates benefits for
who put it into practice, for which two basic operations are carried out, What of the
Which of the following options do you consider correct?

a) Understand and act in response to the need to generate the "business idea(s)" as the first step in
the entrepreneurial process;

b) Research, development, and unavailability of qualified human resources for its management
c) Offer (including the actions of producing or buying finished goods for later
marketing and charging for what is sold.
d) First distinguish areas of interest in which you could venture into business and
subsequently, from a general image of the business that piques your interest.
41. What is considered teamwork?
a) It is the leadership of the entrepreneur that seeks to unify ideas and achieve consensus in the face of

problems that may arise.

b) It is that person who establishes a schedule of activities that are programmed with the capacity
to receive something in return.

c) It is the one who drafts a problem, letting it be known whether it will be poorly or well fostered.
know the intended idea.
d) N.A
42. When we talk about characteristics of the potential customer, what do we refer to?
a) View the product from another perspective.
b) Adapt the product to the customer and see each person's criteria.
c) Determine the potential customer profile that may actually be interested in the product.
N.A.
43. Which of the following alternatives is considered as the Object of the Entrepreneurship Law?
Innovation?
a) Promote the internationalization of competitive companies and exports with content
innovative.
b) Support sustainable entrepreneurship processes from the social, cultural, environmental, and
regional integration.
c) Establish a regulatory framework that encourages and fosters the creation, development, growth, and
expansion of entrepreneurship projects at the national level.
d) None of the above.
What is the first thing to consider when starting a business?
a) The improvement in the presentation of a traditional product.
b) Analyze if there is a market (customers and competitors) for the idea you are considering.
C) To influence the failure of a business idea.
d) The final result and with it the expected success.
45. According to the Entrepreneurship Law, which of the following options belongs to Art. 4
Principles of entrepreneurship and productive innovation?
a) Presumption of good faith, speed, interconnection, and solidarity.
b) Responsibility, speed, commitment, and honesty.
Celerity, solidarity, commitment, and presumption of good faith.
N.A.
46. According to the Entrepreneurship Law, in Article 13. Legal structure of enterprises,
What are the two basic figures established for the registration of projects?
entrepreneurship?
a) Sole proprietorship entrepreneurial activity and extraneous entrepreneurial activity.
b) Sole proprietorship and multi-person entrepreneurship.
c) Sole proprietorship and personal entrepreneurial activity.
d) Personal entrepreneurial activity and extra-personal entrepreneurial activity.
47. Which of the following options belongs to a Lean production tool?
Standardized work
b) Spontaneous work
c) Group work
d) All of the above
48. Who is considered a specialist entrepreneur?
a) It tends to have a more technical profile. And even though he starts a business project, his

knowledge is very focused on the sector where it is centered.

b) It is the spearhead of a project. The one who drives and convinces. It is a figure that typically leads.
more than developing the product or service. It is responsible for maintaining conviction in its team.
c) Knows how to identify business opportunities and the steps that must be followed.

d) All of the above.

49. What are the main attributes that should be appreciated in a business idea?
Response to a need.
b) Suggest profile of potential clients.
c) Allow the implementation of the skills, knowledge, and interests of its promoters.
d) All of the above
50. Within a certain economic sector, who meets at events or fairs?
a) Manufacturers, customers, and other associated actors gather.
b) Entrepreneurs looking to increase their profits.
c) People with initial ideas to start their business aiming to obtain profits that help
economically
N.A.
51. Projects involving multiple people either with capital, goods, or knowledge
and that can be considered partners in the project. What entrepreneurial activity is being referred to?

a) Multi-personal entrepreneurial activity

b) Personal entrepreneurial activity
c) Uniform entrepreneurial activity
N.A.
52. By what assumption can the authorization granted to a platform be revoked?
collective approach?
a. The specific authorities authorized for a period longer than one year and for
solution.
b. Through collective financing platforms.
 c. The control of society.
The Ministry of Production.

53. What is the role of entrepreneurs in the economy and society?

They produce poverty, a bad life but generate many jobs for society.
They produce unemployed people and the benefits are very few.
They produce wealth, drive social change, generate jobs, create and distribute.
goods and services for all kinds of people's needs.
They produce wealth but do not generate changes in society, they create jobs improving the
economy.
54. What does Article 11 say about the single business window?
a) It is where the unique simplified process for registration and formalization will be implemented.
entrepreneurs.
b) To promote entrepreneurship and the creation of businesses.
c) All projects in which several people participate, whether with capital, goods or
knowledge.
Create an inter-institutional framework that allows for the promotion and development of an entrepreneurial culture.

55. What aspects can be considered regarding the area of environmental impact of the
administrators of a society of benefit and collective interest?
a) The impact of its operations on the environment.
b) Supervision of smoke emissions that cause a greenhouse effect.
c) On the increase in the use of renewable energy.
d) The lack of respect for the rights of nature.
56. Lean production is based on a new culture. Indicate what that culture is.
Solidarity and teamwork.
b) Communication and teamwork.
c) Investment and individual work
d) All of the above
57. What is defined as a trend?
Something very repetitive and very innovative.

b) Innovative changes for society leaving temporary traces.

c) Style or a custom that leaves a mark over a period of time or in a place.
d) Custom style that leaves no trace in the time period or in a place.

58. Which of these options does not belong to the basic figures for project registration?
entrepreneurship?
a) Sole proprietorship activity.
b) Financial activity in accordance with the organic monetary and financial code.
c) Multi-personal entrepreneurial activity.
d) All of the above
59. Specific objectives of training for entrepreneurship
a) Contribute to the improvement of the capacities, skills, and abilities in individuals.
b) Promote alternatives that allow educational institutions to approach the sector
productive.
c) Promote the culture of cooperation, investment savings as well as provide guidance on the various
associative forms.
d) Design a national strategy for entrepreneurship and innovation not in accordance with the principles and

guidelines established in this law.

1. a, b, d 2. c, b, e 3. a, b, c 4. a,c,d

60. What characteristics should an 'ideal business' have?

a) The demand is not frequent and continuous.
b) There is an already established market.
c) The tax conditions are not favorable
d) All of the above