NPTEL Entrepreneurship Week 12 Assignment 12 Answers 2022

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NPTEL Entrepreneurship Week 12 Assignment 12 Answers 2022

NPTEL Entrepreneurship Week 12 Assignment 12 Answers 2022 :

Q.1. The ideal space for a start-up in the matrix of needs and futurism (the need-marketing pivot) is:

  • Linear Known
  • Linear Unknown
  • Non-linear Known
  • Non-linear Unknown

Q.2. Strategically, marketing is all about:

  • Selling products to consumers as much as possible
  • Pricing products at the highest possible level
  • Matching new company capabilities and new consumer needs
  • Convincing others

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Q.3. The quote “like all disciplines, entrepreneurship has models, processes and case studies.” Is by:

  • Donald F Kuratko
  • Peter Drucker
  • Eric Ries
  • Clayton Christensen

Q.4. Import substitution can be a viable start-up opportunity. IClean case study illustrates that for import substitution to succeed, Indian start-ups must focus on: (Hint: There could be more than one correct answer)

  • Customisation with execution
  • Quality that matches or exceeds imports
  • Local cost advantage
  • All of the above

Q.5. Chennai Business School was established by senior working executives and became successful despite competition. It demonstrates:

  • Opportunity Entrepreneurship
  • Replicative Entrepreneurship
  • Employee Entrepreneurship
  • Necessity Entrepreneurship

Q.6. Every start-up will have its core competence but all successful start-ups have a unique additional competency:

  • Governmental support
  • Industry support
  • Ability to conceptualise and execute an integrated business strategy and business model
  • None of the above

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Q.7. The unique differentiating competence required for natural products to be medicines is the following:

  • Finance
  • The technical ability to characterise and isolate the active wellness or therapeutic ingredient
  • Being in the large-scale sector
  • None of the above

Q.8. Natsol Laboratories chose a natural product for its business. It is

  • Aspartime
  • Stevia
  • Sucralose
  • Ginseng

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Q.9. Resource Bridge operates in recruitment space which has:

  • High entry barriers
  • High exit barriers
  • Low entry barriers
  • None of the above

Q.10. Integrated Cleanroom Technology supplies its products primarily to:

  • Automobile industry
  • Chemical industry
  • Sterile pharmaceutical industry
  • Housing industry

NPTEL Entrepreneurship Final Exam Answers Join Fast👇

This answer is provided by us only for discussion purpose if any answer will be getting wrong don’t blame us. If any doubt or suggestions regarding any question kindly comment. The solution is provided by Chase2learn. This tutorial is only for Discussion and Learning purpose.

About NPTEL Entrepreneurship Course:

This course provides a detailed overview of entrepreneurship as the foundation of business growth and value creation in the national economy. It provides multiple constructs for entrepreneurs to be successful, and pathways for their companies to achieve sustainable growth. Each week/module of the course will cover one specific theme/topic with conceptual perspectives as well as practical examples.
Upon successful completion of the course, the student will gain an expansive and deep appreciation of entrepreneurship and its pivotal role in the economy. The student or aspiring entrepreneur will be able to approach entrepreneurship with clarity and focus, and an enhanced understanding of the key success factors as well as possible risks and potential mitigation strategies. A practising entrepreneur is likely to be able to navigate the opportunities and challenges of entrepreneurship more effectively with the additional insights available. 
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The course structure and content covers, over a period of 12 weeks, the following 15 modules.

  • Module 1: Entrepreneurial Journey
  • Module 2: Entrepreneurial Discovery
  • Module 3: Ideation and Prototyping
  • Module 4: Testing, Validation and Commercialisation
  • Module 5: Disruption as a Success Driver
  • Module 6: Technological Innovation and Entrepreneurship – 1
  • Module 7: Technological Innovation and Entrepreneurship – 2
  • Module 8: Raising Financial Resources
  • Module 9: Education and Entrepreneurship
  • Module 10: Beyond Founders and Founder-Families
  • Module 11: India as a Start-up Nation
  • Module 12: National Entrepreneurial Culture
  • Module 13: Entrepreneurial Thermodynamics
  • Module 14: Entrepreneurship and Employment
  • Module 15: Start-up Case Studies

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