Mod 1

Entrepreneurs are moderate risk takers.

Mod 2
2) Corporate Venturing, Strategic Renewal, and Innovation
Mod 3
1) Disruptive Innovation is good for
a. new start-ups using new technology
2) Social entrepreneurs do not have to focus on financial sustainability.
a. False
3) A product that attracts customers that formerly do not use them is,
a. causing new market disruption
4) Which of the following is a myth of entrepreneurship?
a. Entrepreneurs love the spotlight
5) What is the reason for Corporate Entrepreneurship?
a. to fend off market competition
6) By accumulating multiple incremental improvements, one achieves radical innovation
a. False
7) A business plan typically contains
a. All the above
8) When an entrepreneur engages in business analysis, s/he takes into account all of these
factors except:
a. Preferred lifestyle
9) The Theory of Disruptive Innovation is useful to forecast the trajectories of related
innovations.
a. True
10) At the “New Idea Creation” stage
a. quantity of ideas is more important than quality
11) Innovative organizations are those that systematically generate ideas and do not let any
idea slip away.
a. True
12) Radical Innovation is also called Breakthrough Innovation.
a. True
13) All of the following statements are false except:
a. An opportunity is anchored in a product or service that adds value to customers.

14) Which of the following statements is correct?

a. Radical innovation of demand always brings in huge fortune.
15) It is important to the organisation to do a feasibility test at the incubation stage.
a. True
16) Which of the following describes the rationale for Corporate Entrepreneurship?
a. Avoid business stagnation
 17) Social ventures that adopt a _________ model generate profit to fund the social
programmes of their affiliate or parent charities to reduce their reliance on donations and
improve financial sustainability.
a. plough-back profit
18) What is the difference between invention and innovation?
a. Invention is just something new and innovation is something new with
commercial value.
19) Personal analysis includes knowing and understanding
a. my goals
20) Which of the following statements is correct?
a. All the above
21) The following are qualities of an opportunity except
a. Radical
22) One of the many reason for Corporate Entrepreneurship is to retain performing staff.
a. True
23) According to Professor Dees, the following pertain to what social entrepreneurs do
except:
a. Prioritize income over social mission
24) The following are categories of social enterprises in Singapore except:
a. Voluntary work
25) At the “New Idea Creation” stage, not all ideas are important
a. False
26) Which of the following statements is incorrect?
a. Innovative products will bring in huge fortune.
27) Low end disruption refers to the case when
a. there are customers who buy when price is cheap even though performance is
not so good
28) Professor Howard Stevenson defined entrepreneurship as:
a. The pursuit of an opportunity beyond resources one currently controls
Mod 4
Match the personality type to each description.
29) Pick up the corresponding answers

Energetic, motivating, persuasive, fun.

Detail oriented, task driven, analytical, matter-of-fact person.

Nice, supportive, nurturing, friendly.

Powerful, achievement conscious, control oriented, productive.

1) Which of the following is NOT an effective communication method when
communicating with an Initiator?
a. Stay direct, focus on the conversation objective
2) Which personality type would like to know why something needs to be done?
a. Relater
3) Which of the following is a preferred communication method to communicate
effectively with an Analyser?
a. Give them all the information – do not withhold
4) Which of the following is a preferred communication method to communicate
effectively with a Driver?
a. Get to the point
5) Match the following(repeat the same for all 3)
a. Listerner
b. Speaker
6) Why should both speaker and listener ask open-ended questions?
a. A more descriptive/ narrative answer can indicate that the information was
understood correctly.
7) What is the importance of body language in effective communication?
a. Body language can sometimes give clues to the speaker and listener alike.
 Mod 5
1) People who are regarded as “single-track” in their career score high in one career
dimension but low in the rest
2) Which of the following variable does NOT distinguish between managerial and
entrepreneurial mindset? Personality
3) Entrepreneurial skill set and mindset can be developed in schools. True
4) Which of the following is not a principle of prediction logic? Determine what you are
willing to lose (money, time, and social capital) to engage in the activity.
5) If one scores low in all three (EPL) career dimensions, s/he tends to none
6) Entrepreneurs belong to the category of people who make things happen. True
7) If motivation can be translated to “I want”, efficacy is equivalent to I can
8) The Freitag video illustrates the importance of entrepreneurial passion. False
9) The NTU Career Aspirations Survey captures all of the following except: E, P, and L
networks
10) Which of the following best describes the "bird-in-the-hand" principle? Start with your
means
11) Working in a startup company such as EndoMaster _A and B
12) Which of the following is not a principle of creation logic? Outside organizations are
seen as competitors and barriers to future growth.
13) According to the interview with Mr. Colin Tan of EndoMaster, his experience at
Stanford University and the Silicon Valley got him interested in
entrepreneurship
14) Creation logic is more important than prediction logic. False
15) In the EPL framework, what does being “single-track” imply? Low in all three: E, P, and L
16) Entrepreneurs tend to have a growth mindset. True
17) What kind of framework is the EPL framework? career
18) Managerial mindset is different from entrepreneurial mindset in this key aspect: predicting
the future by controlling it True
19) The education system in the 19th century was geared towards producing more
skilled workers and professionals
20) The ability to be dynamic, flexible and self-regulating in one's cognitions in dynamic and
uncertain task environments refers to entrepreneurial cognition
21) The type of vocational and educational training one completes would always translate to
what one does in his/her career. False
22) Which of the following characterizes effectuation? Managerial logic
23) Which of the following can be inferred from the interview with Dr. Henry Tran of
EndoMaster? Enterprise and Innovation is not just for entrepreneurs but also for
professionals
24) Entrepreneurs are not good at dealing with paradoxes. False
25) The following are considered leadership skills except marketing and selling a business
opportunity
26) Which of the following characterizes causation? Prediction-based
27) In the example provided, Mei Yin Chan, the co-founder of Gamelan Asmaradana has a
Boundaryless career mindset.
28) Entrepreneurs take calculated risks. True
 Mod 6
Purpose passion perseverance, principles
Aptitude and attitude if you are not one step ahead then you are two step behind
1) Singapore is very pro-enterprise and regulations are transparent and readily available
online. What is the name of the multi-agency portal that serves Singapore’s business
community? None of the above is correct,SME portal
2) While many agencies worked hand-in-hand to promote and support entrepreneurship
ecosystem in Singapore, which agency is the main agency coordinating these efforts?
Spring
3) Other than business registration information, SME Portal also provides industrial specific
regulation information? True
4) Based on SPRING’s categorisation, a company with S$120 revenue and 50 workers is
considered as a Medium enterprise
5) In Singapore, what is the estimated percentage of workforce in SMEs? 67%
6) In Singapore, how many enterprises are considered as SMEs? 99%
7) Majority of the start-ups are considered as Microenterprise
8) Between 2003 to 2013, number of startups more than doubled. Which sector had the
highest growth in startups? Info-comm tech
9) Centres of Innovation (COI) helps SMEs with technology consultancy and advice as well
as helping in innovation projects development. If a SME needs help in Supply Chain
Management, which tertiary institution hosted the COI that is best to provide assistant?
RP
10) To help SMEs, there are 7 Centres of Innovation (COI) hosted in various tertiary
institutions. Which institution hosted the Electronics COI? NYP
11) How many Startup Accelerators and Incubators are there in Singapore? More than 50
12) With the success of LaunchPad at One-North, JTC created another LaunchPad in which
location? Jurong innovation district
13) Which of the statement(s) below is(are) true? Angel Investors are investors from religious
group. All Accelerators provide educational programme cohort by cohort to their
startups.
14) Project creation is currently open to creators in the following countries: Include
Singapore and New Zealand
15) As of May 2017, how many projects in Kickstarter had raised more than 10 million USD?
5
16) More than 3 billion USD had been raised under Kickstarter as of May 2017. What is
Kickstarter? Crowdfunding Platform
17) In 2014 data provided by Kickstarter, Singapore was among the top 10 most number of
backer in the world. Which other country(ies) was/were also in the top 10? Japan
18) Founded in 2005, Y Combinator is a top Accelerator from Mountain View that had
investors fighting to invest in their startup at sky-high prices. Which of the following was a
startup of Y Combinator? Dropbox
19) In NTU, we started our own startup accelerator programme in 2009, looking to create a
platform for young budding entrepreneurs from Singapore. We envision a future full of
innovative, tech-savvy and entrepreneurial Singaporeans. What is the name of this
accelerator programme? Ideasinc
20) Next Thing Co. produced a $9 computer and had a very successful launch in Kickstarter.
They were a company under which Accelerator programme? HAX