9. What is a key criteria for assessing attractiveness of entrepreneurial opportunities? O Significance of the need O Gross margin Effectiveness of the solution to address the need All answers are true 10. A tournament where a large number of raw opportunities are generated, then a series of development steps are applied, and ultimately the exceptional opportunities are identified, is called: O Opportunity tournament Innovation tournament Idea tournament Survivor tournament 7. What are the three key variables in the VIDE model? Internal factors, Development, External factors Idea, Design, Execution Innovation, Development Execution Idea, Development, Exogenous factors 8. What was concluded from the study of products on quirky.com? Marketing of a product is not an accurate predictor of sales rate Consumers themselves are the best single indicator of idea quality Quality of idea is the best predictor of sales rate All answers are true 5. Which of the following is an effective incentive for customers to participate in crowdsourcing? All answers are true O Incentive to encourage a company to address their needs O Monetary incentives O Incentive to develop skills 6. What is a best practice to effectively extract customer ideas through crowdsourcing? O Provide value to participants who do not win Encourage a sense of community All answers are true Provide an effective incentive structure