Essentials of Entrepreneurship Thinking Action Coursera Quiz Answer [💯Correct Answer]

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Here, you will find Essentials of Entrepreneurship Thinking Action Exam Answers in Bold Color which are given below.

These answers are updated recently and are 100% correctanswers of all week, assessment and final exam answers of Essentials of Entrepreneurship Thinking Action from Coursera Free Certification Course.

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Week- 1: Review

1.
Question 1
The four pillars of entrepreneurship include (select 4):

1 point

  • Independent Ventures
  • Partnership Ventures
  • Corporate Ventures
  • Non-Profit Ventures
  • Charitable Ventures
  • Social Ventures
  • Family Ventures

2.
Question 2
Entrepreneurs engage in the following two types of opportunity evaluation (select 2):

1 point

  • Personal Evaluation
  • Business Evaluation
  • Risk Evaluation
  • Feasibility Study
  • Market Study

3.
Question 3
As we overcome ___________________, we begin to understand that an opportunity exists for someone (3rd person).

1 point

  • Uncertainty
  • Ignorance
  • Fear
  • Doubt

4.
Question 4
As we overcome ______________________, we begin to understand that an opportunity exists for ourselves (1st person).

1 point

  • Uncertainty
  • Ignorance
  • Fear
  • Doubt
Week- 2: Review

1.
Question 1
Which of the following financial statements MUST be in the feasibility study? (select 2)

1 point

  • Cash Flow Statement
  • Income Statement
  • Balance Sheet
  • Statement of Retained Earnings

2.
Question 2
The cash flow statement should use the following unit of time measurement:

1 point

  • Annual
  • Monthly
  • Quarterly
  • Weekly

3.
Question 3
Break Even is shown on which statement?

1 point

  • Cash Flow Statement
  • Income Statement
  • Balance Sheet
  • Statement of Retained Earnings

4.
Question 4
Financial projections are typically prepared for:

1 point

  • 1 Year
  • 3 Years
  • 5 Years
  • 10 Years

5.
Question 5
______________ shows when the investment of funds into the venture have been recuperated.

1 point

  • Operating Break-Even
  • Investment Break-Even
  • Dividends
  • Net Profit

6.
Question 6
______________ shows how much business must be generated on a monthly basis for a business to make neither a profit nor a loss.

1 point

  • Operating Break-Even
  • Investment Break-Even
  • Dividends
  • Net Profit
Week- 3: Review

1.
Question 1
Leadership primarily affects a change in ______________, while management primarily affects a change in _________________.

1 point

  • Finance, Marketing
  • Direction, Resources
  • Vision, Goals
  • Possibilities, Outcomes

2.
Question 2
The following are components of Marketing Strategy: (select 4)

1 point

  • Segmentation
  • Differentiation
  • Price
  • Targeting
  • Promotion
  • Positioning
  • Place
  • Service / Product

3.
Question 3
The following are components of Marketing Mix: (select 4)

1 point

  • Segmentation
  • Differentiation
  • Price
  • Targeting
  • Promotion
  • Positioning
  • Place
  • Service / Product

4.
Question 4
Human Resources must concern themselves with:

1 point

  • Company Culture
  • Evaluation
  • Retention
  • Compliance
  • All of the above
  • None of the above

5.
Question 5
To keep an eye on essential information entrepreneurs often use a:

1 point

  • Dashboard
  • Consultant
  • Accountant
  • Partner
  • Smartphone App
Week- 4: Review

1.
Question 1
Among the first steps in formally starting a venture are:

1 point

  • Choosing a name.
  • Incorporation.
  • Opening a bank account.
  • Hiring employees.
  • Hiring an accountant.

2.
Question 2
In some legal systems, the following legal structure can exist automatically the moment one conducts business:

1 point

  • S-Corp
  • L-Corp
  • LLC
  • LLP
  • Sole Proprietorship

3.
Question 3
Starting a business properly requires a sizable investment in software.

1 point

  • True
  • False

4.
Question 4
You should spend a lot of money on your first website as first impressions are important.

1 point

  • True
  • False

5.
Question 5
It’s hard to know if your marketing money is well spent so you just have to follow your gut.

1 point

  • True
  • False

6.
Question 6
It’s important to be competitive in your online marketing, so it’s worth having a large SEM budget.

1 point

  • True
  • False

Conclusion

Hopefully, this article will be useful for you to find all the Modules and Final Quiz Answers of Essentials of Entrepreneurship Thinking Action of Coursera and grab some premium knowledge with less effort. If this article really helped you in any way then make sure to share it with your friends on social media and let them also know about this amazing training. You can also check out our other course Answers. So, be with us guys we will share a lot more free courses and their exam/quiz solutions also and follow our Techno-RJ Blog for more updates.

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