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2) Which of the following is the main purpose of Business Plan? a) To establish a base for further planning b) To help investors know

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2) Which of the following is the main purpose of Business Plan? a) To establish a base for further planning b) To help investors know whether or not to fund the company c) To help the entrepreneur reach a "go" or "no-go" decision d) To show how to apply and execute the business 3) Opportunity statement is a two-part statement that identifies: a) The belief of the user and an insight about the user and/ or the problem. b) The insight of the problem solvers about how they visualise, and implement the solution. c) The user initial idea on how and when it is the right time to solve the problem. d) A need of the user and an insight about the user and/or the problem. Which of the following is NOT considered a common reason for entrepreneurial? a) Poor implementation b) Lack of capital c) Adequate financial support d) Faulty product design 4) 5) In design thinking, what is meant by inspiration? a) an emotional moment that stirs creativity b) an idea for a product, service, or solution c) a motivation or promise of reward d) the problem or opportunity that starts the search for a solution

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