3.07 (G) Module 3 Quiz - Creating Networks
Module 3 Quiz: Creating Networks TOTAL POINTS 10
Question 1 Which of the following is NOT a key characteristic of high-performing networks?
Brokerage
Trust
Interdependence
Diversity
Question 2 For an entrepreneurial team, members that are _ internally and _ externally tend to be the most high-performing.
“B” type (broker), “A” type (cohesive)
“B” type (broker), “B” type (broker)
“A” (cohesive) type, “A” type (cohesive)
“A” type (cohesive), “B” type (broker)
Question 3 Mentors _, whereas advisors _.
Want to help you informally / Provide services in exchange for payment
Do not have voting rights / Have voting rights
Are more focused on your company / Are more focused on you as a person
Have financial upsides / Have no financial upside
Question 4 When building your advisory board, you should _.
Always include at least one high level executive from a big company
Use high prestige experts
Invite everyone you've worked with before Never have more than seventeen members
Question 5 You may want to hire an accountant earlier if _.
You don't feel comfortable working with financials All of these are true
You have complicated tax issues
You are concerned about structure
Question 6 The three criteria for patentability are _.
Utility, novelty, and creativity
Non-obviousness, novelty, and utility
Creativity, non-obviousness, and utility
Novelty, creativity, and non-obviousness
Question 7 Which of the following illustrates why Intellectual property is important?
None of these are true
IP gives similar rights akin to “real” property and excludes others from using
IP protects against backward engineering and accidental disclosure
IP has suppressed bad innovation
Question 8 All of the below are forms of intellectual property EXCEPT _.
Trade secrets
Patents
Copyrights
Claims
Question 9 Which of the following determines whether you have more or less access to resources?
Set of network contacts that you have
Overall pattern of relationships
All of these are true
Nature of relationship between the contacts
Question 10 When hiring lawyers, you should _.
Hire based on which lawyer has the best coffee machine
Find a lawyer that has worked with entrepreneurs before and knows the context
Hire the lawyer only when you get sued
Only hire the lawyer for company formation
1 point