1
2026 – S1 – ETP3701 – ASSESSMENT 3 – Q&A
Assessment 3
Started on Friday, 17 April 2026,
State Finished
Completed on Friday, 17 April 2026,
Time taken
Marks 70.00/70.00
Grade 100.00 out of 100.00
Question 1
Choose the set of products that are NOT patentable.
Select one:
a.
Mathematical methods, cooldrink cans, aesthetic creations, computer programs
b.
Aesthetic creations, schemes, business methods, wheelbarrow
c.
Architectural designs, aesthetic creations, business methods, rules for playing games
d.
Investment schemes, games equipment, fashion designs, stock control methods
e.
Computer programs, rules for playing games, motor vehicle designs, SIM cards
Feedback
The correct answer is: Mathematical methods, cooldrink cans, aesthetic creations, computer
programs
Question 2
The _________ of opportunity refers to the time period available ...
Select one:
a.
time
,2
2026 – S1 – ETP3701 – ASSESSMENT 3 – Q&A
b.
door
c.
gap
d.
window
e.
threshold
Feedback
The correct answer is: window
Question 3
A good idea is not necessarily a feasible and viable
Select one:
a.
business.
b.
service.
c.
opportunity.
d.
chance.
e.
product.
Feedback
The correct answer is: opportunity.
Question 4
Government is involved in supporting _________
Select one:
,3
2026 – S1 – ETP3701 – ASSESSMENT 3 – Q&A
a.
medium enterprises
b.
factories
c.
businesses
d.
SMMEs
e.
micro enterprises
Feedback
The correct answer is: SMMEs
Question 5
An example of a pre-entrepreneur is_____________________.
Feedback
Your answer is correct.
The correct answer is:
An example of a pre-entrepreneur is ___[a person selling exactly the same products as ten
other people at exactly the same prices]_____
Question 6
One of the main reasons entrepreneurial ventures fail is because of the lack of:
Select one:
a.
access to labour.
b.
access to finance.
c.
, 4
2026 – S1 – ETP3701 – ASSESSMENT 3 – Q&A
both a and b.
d.
access to land.
e.
access to competitors’ products.
Feedback
The correct answer is: access to finance.
Question 7
Once the window has been spotted, it is important to understand its _________.
Select one:
a.
size
b.
place
c.
location
d.
diameter
e.
movement
Feedback
The correct answer is: size
Question 8
In order for an idea to be timely, it must be presented to the _________ at an opportune time.
Select one:
a.
bank
b.
2026 – S1 – ETP3701 – ASSESSMENT 3 – Q&A
Assessment 3
Started on Friday, 17 April 2026,
State Finished
Completed on Friday, 17 April 2026,
Time taken
Marks 70.00/70.00
Grade 100.00 out of 100.00
Question 1
Choose the set of products that are NOT patentable.
Select one:
a.
Mathematical methods, cooldrink cans, aesthetic creations, computer programs
b.
Aesthetic creations, schemes, business methods, wheelbarrow
c.
Architectural designs, aesthetic creations, business methods, rules for playing games
d.
Investment schemes, games equipment, fashion designs, stock control methods
e.
Computer programs, rules for playing games, motor vehicle designs, SIM cards
Feedback
The correct answer is: Mathematical methods, cooldrink cans, aesthetic creations, computer
programs
Question 2
The _________ of opportunity refers to the time period available ...
Select one:
a.
time
,2
2026 – S1 – ETP3701 – ASSESSMENT 3 – Q&A
b.
door
c.
gap
d.
window
e.
threshold
Feedback
The correct answer is: window
Question 3
A good idea is not necessarily a feasible and viable
Select one:
a.
business.
b.
service.
c.
opportunity.
d.
chance.
e.
product.
Feedback
The correct answer is: opportunity.
Question 4
Government is involved in supporting _________
Select one:
,3
2026 – S1 – ETP3701 – ASSESSMENT 3 – Q&A
a.
medium enterprises
b.
factories
c.
businesses
d.
SMMEs
e.
micro enterprises
Feedback
The correct answer is: SMMEs
Question 5
An example of a pre-entrepreneur is_____________________.
Feedback
Your answer is correct.
The correct answer is:
An example of a pre-entrepreneur is ___[a person selling exactly the same products as ten
other people at exactly the same prices]_____
Question 6
One of the main reasons entrepreneurial ventures fail is because of the lack of:
Select one:
a.
access to labour.
b.
access to finance.
c.
, 4
2026 – S1 – ETP3701 – ASSESSMENT 3 – Q&A
both a and b.
d.
access to land.
e.
access to competitors’ products.
Feedback
The correct answer is: access to finance.
Question 7
Once the window has been spotted, it is important to understand its _________.
Select one:
a.
size
b.
place
c.
location
d.
diameter
e.
movement
Feedback
The correct answer is: size
Question 8
In order for an idea to be timely, it must be presented to the _________ at an opportune time.
Select one:
a.
bank
b.
