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ENGN 0020 Final Study Guide with Complete Solutions

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ENGN 0020 Final Study Guide with Complete Solutions

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ENGN 0020 Final Study Guide with
Complete Solutions

health and medicine

developement and sustainability

engineering and technology - ANS-In a business, what is the realm of grand
challenges?

entity that offers product or service to a customer

Business Models:
- B2B
- B2C
-B2B2C - ANS-What is a business? What type of business models are there?

- patents
- trademarks
- copyrights
- trade secrets - ANS-List examples of intellectual property

Understand the unmet need of the consumer that gives your product value

** No value delivered = won't be in business for long - ANS-What is a value proposition?

challenges found in making a new technology--> similar for all businesses --> sales
revenue is low for early adopters - ANS-what does crossing the chasm refer to?

non-profit business that had a strategy for "co-located" for profit (B2C) - ANS-what was
the business purpose of the Gravity Light module?

low power LED

basics of electricity and energy conservation

potential energy= m g h - ANS-what was the enabling technology for Gravity Light ?

managing an unattractive business model
suitability of the team to the specific task - ANS-what was the issues that Gravity light
faced?

, grid-scale electricy (B2B)

key principle- grid parity

solves the dependence on fossile fuels and green house emissions - ANS-what was the
business purpose for Cape wind ?

creating electricity from wind

low density energy - ANS-what is the enabling technology in the Cape wind module?

government subsidies and importance of regulartory hurdle

high capital and low operating cost - ANS-what are some case issues with Cape wind
module?

promise of DNA sequencing and genetic testing: self-knowledge and personalized
medicine(B2C)

cost reductions

business opportunities in sequencing and editing - ANS-What is the business purpose
for the 23 and Me module?

basic terminology of chromosomes, genes pairs, DNA, and RNA - ANS-what is the
enabling technology for the 23 and Me module?

financing for biotech start-up

business model creativity

how regulatory factors impact business - ANS-what are some case issues with 23 and
Me?

machines reading our minds may be the next step for humanity (B2B and B2C) - ANS-
what is the business purpose for Emotiv module?

decode brain waves (EEG) to determine thoughts - ANS-what is the enabling
technology in Emotiv module?

very expensive product - ANS-what are some case issues for Emotiv module?

computers are a fast approaching intelligence (B2B)

will create wealth for those creating AI

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