108 Questions
According to the text, what is the first thing you have in mind that you want to buy when you receive your allowance or salary?
A new experience
According to the text, what are some common or worst mistakes in personal finance?
Spending too much on unnecessary items
According to the text, what is the root of all kinds of evil?
Love of money
According to the text, what is TIP #02?
Snowball Cashflow
According to the text, what is TIP #04?
Invest Your Nest Egg
According to the text, what does SOP stand for?
Standard Operating Procedure
According to the text, what does POP stand for?
Passion of Purpose
According to the text, what is a Mindset?
A flexible way of thinking
According to Investopedia, what is an ENTREPRENEUR?
A person who starts a business
According to the text, what is the main focus of Unit I?
Entrepreneurial Mindset and Opportunity
Which one of the following is a key characteristic of an entrepreneur?
All of the above
According to Harvard, what is entrepreneurship?
The pursuit of opportunity beyond resources controlled
What is the purpose of a vision board?
All of the above
How many dreams should be mapped out on a vision board?
At least 9
What are the three terms for categorizing dreams on a vision board?
Short term, medium term, long term
What should be created for each short term, medium term, and long term goal on a vision board?
A statement of completion
What is the purpose of self-assessment and reflection in choosing an industry to pursue?
To identify personal interests and skills
What are the personal entrepreneurial competencies (PECs) identified in the text?
Achievement Cluster, Planning Cluster, Power Cluster
What is the Zuzunaga Venn Diagram of Purpose associated with?
Finding purpose, meaning, freedom, and personal growth
What do we find when we discover our ikigai according to the Zuzunaga Venn Diagram of Purpose?
Purpose in lives, meaning in what we do, freedom in our day to day living, and personal growth
According to the text, what is the purpose of TIP #01?
To be a goal setter
According to the text, what is the root of all kinds of evil?
Love of money
According to the text, what is the main focus of Unit I?
Entrepreneurial mindset and opportunity
According to the text, what should be created for each short term, medium term, and long term goal on a vision board?
Action plan
According to the text, what is the purpose of self-assessment and reflection in choosing an industry to pursue?
To identify personal entrepreneurial competencies
According to the text, what is the Zuzunaga Venn Diagram of Purpose associated with?
Vision boards
According to the text, what are the personal entrepreneurial competencies (PECs) identified?
All of the above
According to Harvard, what is entrepreneurship?
The process of starting a business
According to the text, what are some common or worst mistakes in personal finance?
All of the above
What is the purpose of a vision board?
To visualize dreams and goals
According to Harvard, what is the definition of entrepreneurship?
The pursuit of opportunity beyond resources controlled
What is the purpose of a vision board?
To serve as a source of inspiration and motivation
How many dreams should be mapped out on a vision board?
At least 9
What is the main focus of Unit I?
Entrepreneurship
According to the text, what are the personal entrepreneurial competencies (PECs)?
All of the above
What does POP stand for?
Power of Purpose
What is the Zuzunaga Venn Diagram of Purpose associated with?
All of the above
According to Investopedia, what is an ENTREPRENEUR?
An individual who starts a new business
What are the three terms for categorizing dreams on a vision board?
Short term, Medium term, Long term
According to the text, what is TIP #04?
Reflect on aspects of yourself that you might not have thought about for a long time
Which of the following is NOT one of the Three Ps of Creativity?
Problem
What is the difference between creativity and innovation?
Creativity is the process of generating new ideas, while innovation is the implementation of those ideas.
Which of the following is NOT a step in the Innovation Process?
Inspiration
What is the purpose of the Three Ps of Creativity?
To harness creative potential and create opportunities
What is the first step in the Innovation Process?
Inspiration
What is the last step in the Innovation Process?
Implementation
What is the purpose of the Creative Process?
To generate creative outputs
How many Extreme Users were interviewed?
3
What is the occupation of Loyal User 2?
Financial Planner
What is the occupation of Non-User 1?
Student
What is the age of Extreme User 3?
30
What is the gender of Expert 2?
Female
How many Non-Users were interviewed?
2
What is the occupation of Loyal User 3?
Stewardess
How many Experts were interviewed?
2
What is the gender of Non-User 1?
Female
Which group of people does not participate in the creative field at all?
Apathetic & Non-users
What are the two types of users who have deep knowledge of the creative product?
Experts & Mavens and Extreme Users
What is the purpose of crafting strong objectives?
To generate creative objectives
Which of the following is a better objective idea for reducing cars on EDSA?
Implement 3-day workweek
What is the purpose of conducting interviews with users in the field?
To assess user satisfaction
Which user type has formally studied the creative field or spent a lot of time researching and writing about it?
Experts & Mavens
What is the main focus of Unit Assessment #01?
Generating Creative Objectives
What are the four quadrants of the whole brain framework or The Herrmann Brain Dominance Instrument (HBDI)?
Analyst, Implementor, Connector, Ideator
What are the two types of thinking described in the text?
Convergent thinking and divergent thinking
What are the four steps of the innovation process described in the text?
Inspiration, ideation, incubation, implementation
What is the purpose of the incubation phase in the innovation process?
To refine and test solutions
What is the main lesson learned from the story about a man buying and selling coconuts?
Self-imposed assumptions can limit our thinking
What are the three Ps of creativity?
Product, process, person
What are the four creative personas described in the text?
Analyst, Implementor, Connector, Ideator
What is the purpose of the ideation phase in the innovation process?
To generate many ideas
What is the SCAMPER method used for in idea generation?
To substitute and replace elements
Who are the interviewed people from the creative field in the innovation process?
Experts
What are the three steps of the S.A.V.E. Framework?
Solution, Access, Value
What is the purpose of the Triple Bottom Line in the context of the enterprise?
To monitor and evaluate the environmental impact
What is the purpose of the Metaphoring Process in the Google Metaphoring Process?
To apply the idea to your own field
What is the main focus of the Idea Flexibility Learning?
To generate unique ideas
Which of the following is NOT one of the dimensions of the AEIOU framework?
Observations
What is the purpose of the Power Brainstorming technique known as 'COMBINE'?
To merge or blend different ideas together
What is the purpose of conducting observations in the AEIOU framework?
To observe the interactions between people and objects
What is the main focus of the Reverse Brainstorming technique?
To generate ideas for making a project a failure
Which of the following is a step in the SCAMPER technique?
Magnify
What is the purpose of the Metaphoring technique in ideation?
To generate new ideas for a specific field
What is the main focus of the Cross-Pollination technique?
Blending different ideas together
What is the first step in the Idea Fluency technique?
Learning to generate many ideas
Which of the following is NOT a benefit of circular business models?
Finite resources
What is the need that the product/service of solar lamps and chargers fulfills?
The need for reliable lighting in areas with unreliable electricity
Who is the target market for the solar lamps and chargers?
Homes and businesses in the area with unreliable electricity
How will the environment be affected by the solar lamps and chargers?
The environment will be protected by using renewable solar energy
What is the purpose of the Ideation phase in the innovation process?
To generate many ideas
Which group of people were interviewed in the Innovation Process?
Non-Users
What is the SCAMPER method used for?
Substituting, combining, adapting, modifying, putting to other uses, eliminating, and rearranging ideas
Which of the following is NOT one of the AEIOU dimensions used in the observation process?
Organizations
What is the purpose of the Power Brainstorming technique known as SCAMPER?
To generate new ideas by substituting elements
What is the main focus of the Reverse Brainstorming technique?
To identify potential problems and obstacles
What are the components of a ballad according to the example provided?
Group, object, saxophone
What are some ways to modify a creative idea for the better?
Change the name
What is one way to put a creative idea to other uses?
Interchange components
What is one way to reverse a creative idea?
Transpose positive to negative
What is one way to rearrange a creative idea?
Change the order
Which one of these is NOT a step in the SCAMPER technique?
Combine/Adapt
What is the purpose of the Metaphoring technique in ideation?
To generate new ideas by forcefitting ideas from unrelated fields
What is the main focus of the Reverse Brainstorming technique?
To generate ideas by considering the opposite of the desired outcome
What is the purpose of a vision board?
To map out short term, medium term, and long term goals
Which of the following is NOT a benefit of circular business models?
Finite resources
What is the main focus of the SDG WEDDING CAKE?
Planet
What is the need that the product/service of solar lamps and chargers fulfills?
Need for lighting in areas where the electricity is unreliable, expensive and the power is often cut.
Who is the target market for the solar lamps and chargers?
Homes and businesses in areas with unreliable electricity
Test your financial knowledge and mindset with this quiz on Entrepreneurial Mindset and Opportunity Financial Planning. Discover if you have the mindset of an entrepreneur or an employee, and learn about active income, passive income, and the common mistakes to avoid in personal finance. Find out how to save, earn, and provide for your financial future.
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