EEE 334 MIDTERM CERTIFICATION SCRIPT
2026 QUESTIONS WITH SOLUTIONS
GRADED A+
◍ Standard.
Answer: the ____ approach is to solve for Vth -> In -> Rth
◍ customer relationships.
Answer: how does a company get, keep and grow customers
◍ entrepreneurial process after the line.
Answer: implementing
◍ process.
Answer: chain of events that take place over time. ongoing and applies to
organizations of all shapes and sizes
◍ 4 main financial objectives of startup.
Answer: profitability, liquidity, efficiency and stability
◍ limited partnership.
Answer: 2 or more ownersgeneral partner who has unlimited personal
liabilitylimited partner with limited liabilityLLLP general partner limited
liabilityused for tax planning purposed
◍ branch.
Answer: path between two nodes, that does not pass through other nodes
◍ core characteristics.
Answer: age gender ethnicity, race
◍ Legal Issues.
Answer: PermitsOSHAFacilities build outContract
developmentLease/ownership of plantDistribution agreementsOut source
, program agreementsKey Ops staff employmentWarranty development
◍ achievable.
Answer: physically possible and realistic
◍ physical resources.
Answer: buildings, equipment
◍ larger.
Answer: The _____ a resistor, the more energy is spent by a charged particle
that transverses it
◍ capital requirements.
Answer: unrecoverable costs to enter
◍ primary research.
Answer: originally collectedhelps determine attractiveness of
opportunityinvolves talking to people
◍ 4 major concepts built by Michael Morris.
Answer: processcreative valueunique combinationopportunity
◍ cost, price value trade-offs.
Answer: what do most customers valuewhat would it take to reliably give
them those thingswhat would you need to give up in return
◍ business plans.
Answer: helps mitigate risk
◍ cost structure.
Answer: what are the costs to operating the business modelwhat are the most
important costswhat are the most expensive resourceswhat key activities are
the most expensive
◍ CM ratio.
Answer: CM/SP
◍ fixed costs.
Answer: costs that do not varyGeneral & Administrative, Salaries, Rent,
, Depreciation, Advertising, Insurance, Property Taxes, etc.
◍ drop.
Answer: the direction of arrow represents voltage _____
◍ stages of opportunity recognition process.
Answer: opportunity discoveryopportunity formation
◍ creative value.
Answer: move beyond invention to a business concept that is market
centered and creates a new source or form of value
◍ Dissipated, spent.
Answer: When charges flow from high energy to low energy, power is
_________. (electrical energy is ______)
◍ 4 Cs.
Answer: customer needs and wants -->productcommunication -->
promotioncost--> priceconvenience --> place
◍ BE dollars.
Answer: FC/CM
◍ high risk in new ventures.
Answer: amount of capital required is highpayback period is longproduct is
totally newproduct is the only product produced by the venturethere are no
alternative uses of the productproduct can be easily copiedinvestment in
fixed assets is high
◍ Limited Liability Company.
Answer: one or more ownerslimited liability less costlyrelaxed rulesnot a
separate tax paying entity
◍ sources of information.
Answer: primarysecondary
◍ entrepreneurial risk.
Answer: sinking the boat and missing the boat
2026 QUESTIONS WITH SOLUTIONS
GRADED A+
◍ Standard.
Answer: the ____ approach is to solve for Vth -> In -> Rth
◍ customer relationships.
Answer: how does a company get, keep and grow customers
◍ entrepreneurial process after the line.
Answer: implementing
◍ process.
Answer: chain of events that take place over time. ongoing and applies to
organizations of all shapes and sizes
◍ 4 main financial objectives of startup.
Answer: profitability, liquidity, efficiency and stability
◍ limited partnership.
Answer: 2 or more ownersgeneral partner who has unlimited personal
liabilitylimited partner with limited liabilityLLLP general partner limited
liabilityused for tax planning purposed
◍ branch.
Answer: path between two nodes, that does not pass through other nodes
◍ core characteristics.
Answer: age gender ethnicity, race
◍ Legal Issues.
Answer: PermitsOSHAFacilities build outContract
developmentLease/ownership of plantDistribution agreementsOut source
, program agreementsKey Ops staff employmentWarranty development
◍ achievable.
Answer: physically possible and realistic
◍ physical resources.
Answer: buildings, equipment
◍ larger.
Answer: The _____ a resistor, the more energy is spent by a charged particle
that transverses it
◍ capital requirements.
Answer: unrecoverable costs to enter
◍ primary research.
Answer: originally collectedhelps determine attractiveness of
opportunityinvolves talking to people
◍ 4 major concepts built by Michael Morris.
Answer: processcreative valueunique combinationopportunity
◍ cost, price value trade-offs.
Answer: what do most customers valuewhat would it take to reliably give
them those thingswhat would you need to give up in return
◍ business plans.
Answer: helps mitigate risk
◍ cost structure.
Answer: what are the costs to operating the business modelwhat are the most
important costswhat are the most expensive resourceswhat key activities are
the most expensive
◍ CM ratio.
Answer: CM/SP
◍ fixed costs.
Answer: costs that do not varyGeneral & Administrative, Salaries, Rent,
, Depreciation, Advertising, Insurance, Property Taxes, etc.
◍ drop.
Answer: the direction of arrow represents voltage _____
◍ stages of opportunity recognition process.
Answer: opportunity discoveryopportunity formation
◍ creative value.
Answer: move beyond invention to a business concept that is market
centered and creates a new source or form of value
◍ Dissipated, spent.
Answer: When charges flow from high energy to low energy, power is
_________. (electrical energy is ______)
◍ 4 Cs.
Answer: customer needs and wants -->productcommunication -->
promotioncost--> priceconvenience --> place
◍ BE dollars.
Answer: FC/CM
◍ high risk in new ventures.
Answer: amount of capital required is highpayback period is longproduct is
totally newproduct is the only product produced by the venturethere are no
alternative uses of the productproduct can be easily copiedinvestment in
fixed assets is high
◍ Limited Liability Company.
Answer: one or more ownerslimited liability less costlyrelaxed rulesnot a
separate tax paying entity
◍ sources of information.
Answer: primarysecondary
◍ entrepreneurial risk.
Answer: sinking the boat and missing the boat
