CCS-MCQ-7

 Case Study 1: TechBuddy

  1. What industry does TechBuddy operate in?

    a) Agriculture

    b) Healthcare

    c) Technology Services

    d) Fashion

    Answer: c) Technology Services

  2. How did TechBuddy initially validate the demand for their service?

    a) Conducted surveys and interviews

    b) Launched in all cities simultaneously

    c) Partnered with tech manufacturers

    d) Developed a subscription-based model

    Answer: a) Conducted surveys and interviews

  3. What type of funding did TechBuddy secure to fuel its growth?

    a) Bank loans

    b) Grants

    c) Seed funding from angel investors and venture capital firms

    d) Personal savings of the founders

    Answer: c) Seed funding from angel investors and venture capital firms

  4. What was one of the challenges faced by TechBuddy?

    a) Finding the right technology infrastructure

    b) Recruiting and training technicians

    c) Scaling too quickly

    d) Securing partnerships with tech manufacturers

    Answer: b) Recruiting and training technicians

Case Study 2: FarmFresh

  1. What industry does FarmFresh operate in?

    a) Technology Services

    b) Agriculture/FoodTech

    c) Fashion

    d) Healthcare

    Answer: b) Agriculture/FoodTech

  2. What was the main problem FarmFresh aimed to solve?

    a) Lack of access to affordable healthcare

    b) Consumers' struggle to access fresh, locally sourced produce

    c) Transportation issues in urban areas

    d) Overpopulation in rural regions

    Answer: b) Consumers' struggle to access fresh, locally sourced produce

  3. How did FarmFresh initially fund its operations?

    a) Government grants

    b) Bootstrapping and reinvesting revenue

    c) Venture capital funding

    d) Personal loans from the founders

    Answer: b) Bootstrapping and reinvesting revenue

  4. What was a significant challenge faced by FarmFresh related to logistics?

    a) Developing a user-friendly platform

    b) Finding local farmers to partner with

    c) Managing logistics and delivery logistics

    d) Attracting customers to the platform

    Answer: c) Managing logistics and delivery logistics

  5. What impact did FarmFresh aim to make?

    a) Promoting sustainable agriculture practices

    b) Increasing pollution

    c) Supporting large-scale farming

    d) Encouraging unhealthy eating habits

    Answer: a) Promoting sustainable agriculture practices

  6. What recognition did FarmFresh receive for its contribution?

    a) No recognition

    b) Recognition and awards for contribution to food security and sustainability initiatives

    c) Recognition for encouraging fast food consumption

    d) Recognition for increasing waste in food production

Answer: b) Recognition and awards for contribution to food security and sustainability initiative

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