WGU D367 Innovation in Finance OA V1
Correct
Incorrect
Questions and answers
1 of 70
Term
A company has exhausted seed funding and is seeking Series A
funding to continue operations. The company has struggled to
market the product and has lower than expected revenues. What
should the company do when approaching future investors to
acquire funding?
Give this one a try later!
Highlight the competence of the
Show the vibrance of the industry
board
Point to the trajectory of competitors' Create a compelling growth
sales story
, Don't know?
2 of 70
Term
A fintech company has a well-developed product and limited debt.
The company’s founders are unconcerned with dilution, and the
start-up wants to expand into new markets. Which evidence supports
the need for Series B funding?
Give this one a try later!
The business model requires The capital resources from an
restructuring. incubator are insufficient.
The firm's product needs consistent The primary objective is
capitalization. business development.
Don't know?
3 of 70
Term
A wealth management company has considered joining forces with a
fintech startup to assist the company in redesigning its online portal
and mobile app so that it can help its customers manage their
finances. The fintech currently sells personal financial planning
,software. Which action should the company take to accomplish its
goal of having all of its items in one place?
Give this one a try later!
Taking ownership of the fintech White-labeling the fintech's existing
through acquisition platform
Enrolling the fintech into an Investing in the fintech's current
accelerator program offerings
Don't know?
4 of 70
Term
Which feature of big data enables a fintech company to appropriately
discern meaning from superfluous data?
Give this one a try later!
Variety Veracity
Volume Variability
Don't know?
, 5 of 70
Term
What is one key aspect of blockchain that has been adopted by some
members of the financial services industry?
Give this one a try later!
Removal of a penalty for late
Modification of transactions using
approvals conducted through smart
consensus
contracts
Implementation of a single
Creation of a distributed ledger
cryptographic hash to be used by
shared across multiple entities
various parties
Don't know?
6 of 70
Term
An advanced incubator is facilitating a commercial-scale product
launch for a fintech start-up, and a venture capital (VC) firm is
required to provide funding for the launch. The start-up has a
competent management team, patented technology, and strong
product design. Which element makes this start-up ineligible for
funding in this scenario?
Correct
Incorrect
Questions and answers
1 of 70
Term
A company has exhausted seed funding and is seeking Series A
funding to continue operations. The company has struggled to
market the product and has lower than expected revenues. What
should the company do when approaching future investors to
acquire funding?
Give this one a try later!
Highlight the competence of the
Show the vibrance of the industry
board
Point to the trajectory of competitors' Create a compelling growth
sales story
, Don't know?
2 of 70
Term
A fintech company has a well-developed product and limited debt.
The company’s founders are unconcerned with dilution, and the
start-up wants to expand into new markets. Which evidence supports
the need for Series B funding?
Give this one a try later!
The business model requires The capital resources from an
restructuring. incubator are insufficient.
The firm's product needs consistent The primary objective is
capitalization. business development.
Don't know?
3 of 70
Term
A wealth management company has considered joining forces with a
fintech startup to assist the company in redesigning its online portal
and mobile app so that it can help its customers manage their
finances. The fintech currently sells personal financial planning
,software. Which action should the company take to accomplish its
goal of having all of its items in one place?
Give this one a try later!
Taking ownership of the fintech White-labeling the fintech's existing
through acquisition platform
Enrolling the fintech into an Investing in the fintech's current
accelerator program offerings
Don't know?
4 of 70
Term
Which feature of big data enables a fintech company to appropriately
discern meaning from superfluous data?
Give this one a try later!
Variety Veracity
Volume Variability
Don't know?
, 5 of 70
Term
What is one key aspect of blockchain that has been adopted by some
members of the financial services industry?
Give this one a try later!
Removal of a penalty for late
Modification of transactions using
approvals conducted through smart
consensus
contracts
Implementation of a single
Creation of a distributed ledger
cryptographic hash to be used by
shared across multiple entities
various parties
Don't know?
6 of 70
Term
An advanced incubator is facilitating a commercial-scale product
launch for a fintech start-up, and a venture capital (VC) firm is
required to provide funding for the launch. The start-up has a
competent management team, patented technology, and strong
product design. Which element makes this start-up ineligible for
funding in this scenario?
