MULTIPLE CHOICE WITH EXPLANATION

1.When the first series of Star Wars movies was released in the late 70's and early 80's, most people saw only a pop culture phenomenon. The string of successful films created a whole new market for science fiction and fantasy.But creator and filmmaker George Lucas saw so much more. To him, the first trilogy of films and the three additional movies that followed became a powerful brand. That brand became a spring board to lucrative licensing deals for everything from toys, to video games, to memorabilia and live attractions.What entrepreneurial mind trait does the situation best describe?

The Growth Oriented Mind

The Opportunity Recognizing Mind

The Designing Mind

The Risk Managing

2.As a Design Engineer for a certain company, you were able to createa product that was ready for production. However, you decided to seek the validation of your design by seeking help from some possible customers and financers. What CHARACTERISTIC of a DESIGN THINKING mind was applied in the situation?

Visual

Collaborative

Human Centered

Reflective

3.This refers to the tendency to engage in bold rather than cautious actions.

Risk taking

Innovativeness

Competitive aggressiveness

Proactiveness

4.Some videos posted on social media were previously blocked or were taken down for containing licensed music. This can be influenced by

Economic environment

Technological environment

Physical Environment

Legal environment

5.Which of the following companies is a pure service firm?

SM City

Starbucks

Microsoft

Philippine Airlines

6.Because of the COVID19 situation, a BARTER COMMUNITY was established here in Baguio and during the interview, the Inventor of the BARTER COMMUNITY said that the idea was born because of the Barter Community she saw in Laguna. What type of INNOVATION was applied in the creation of the Barter Community in Baguio?

Duplication

Synthesis

Invention

Extension

7.A quality of a viable opportunity wherein it must be attractive long enough for the development and deployment to be successful.

Durable

Value-creating

Achievable

Attractive

8.A quality of a viable opportunity wherein It must be practical and physically possible.

Attractive

Achievable

Value-creating

Durable

9.In proposing for a final product of a machine that will be used in an engineering firm, you used a miniature model to present your product. What CHARACTERISTIC of a DESIGN THINKING mind was applied in the situation?

Collaborative

Engages in Prototyping

Emphatic

Human Centered

10.This refers to the tendency to anticipate and act on future needs rather than reacting to events after they unfold.

Proactiveness

Innovativeness

Competitive aggressiveness

Risk taking.