ENT 101- QUESTIONS AND VERIFIED
CORRECT ANSWERS GRADED A+
[LATEST 2026-2027] 100%
GUARANTEED PASS
IP includes - CORRECT ANSWER-patents, copyrights, trademarks
Sole Proprietorship - CORRECT ANSWER-the legal entity that doesn't provide a barrier of
protection against a lawsuit
Invention - CORRECT ANSWER-discovery of a new technology, product, or service
innovation - CORRECT ANSWER-combination of an invention (new or old) with insight about a
market need
two categories of ideas - CORRECT ANSWER--brave new world or breakthrough ideas
-better faster cheaper ideas
, confirmation trap - CORRECT ANSWER-tendency to see what we already believe and discard
evident to the contrary
Feature Creep Syndrome - CORRECT ANSWER-When entrepreneurs try to add another feature
in the hopes that the one missing feature will open
the magical door to more sales
fundamental attribution error - CORRECT ANSWER-People often attribute far more success and
far more failure to the individual than the individual actually deserves
prototype test - CORRECT ANSWER-transform virtual prototype into an inexpensive physical
prototype
purpose of virtual prototype test - CORRECT ANSWER-deeper validation, initial validation of
solution, insights and surprises about actual solution
growing market - CORRECT ANSWER-easier to compete and succeed in growing markets
passive income - CORRECT ANSWER-income derived from rental property
big ideas - CORRECT ANSWER-entrepreneurs ideas fall into 2 categories- breakthrough ideas
and better, faster, cheaper
elevator pitch - CORRECT ANSWER-explaining your idea in 30 seconds
hassle test - CORRECT ANSWER-helps you realize if you have nailed the pain
CORRECT ANSWERS GRADED A+
[LATEST 2026-2027] 100%
GUARANTEED PASS
IP includes - CORRECT ANSWER-patents, copyrights, trademarks
Sole Proprietorship - CORRECT ANSWER-the legal entity that doesn't provide a barrier of
protection against a lawsuit
Invention - CORRECT ANSWER-discovery of a new technology, product, or service
innovation - CORRECT ANSWER-combination of an invention (new or old) with insight about a
market need
two categories of ideas - CORRECT ANSWER--brave new world or breakthrough ideas
-better faster cheaper ideas
, confirmation trap - CORRECT ANSWER-tendency to see what we already believe and discard
evident to the contrary
Feature Creep Syndrome - CORRECT ANSWER-When entrepreneurs try to add another feature
in the hopes that the one missing feature will open
the magical door to more sales
fundamental attribution error - CORRECT ANSWER-People often attribute far more success and
far more failure to the individual than the individual actually deserves
prototype test - CORRECT ANSWER-transform virtual prototype into an inexpensive physical
prototype
purpose of virtual prototype test - CORRECT ANSWER-deeper validation, initial validation of
solution, insights and surprises about actual solution
growing market - CORRECT ANSWER-easier to compete and succeed in growing markets
passive income - CORRECT ANSWER-income derived from rental property
big ideas - CORRECT ANSWER-entrepreneurs ideas fall into 2 categories- breakthrough ideas
and better, faster, cheaper
elevator pitch - CORRECT ANSWER-explaining your idea in 30 seconds
hassle test - CORRECT ANSWER-helps you realize if you have nailed the pain
