Historical Perspectives on Entrepreneurship Quiz
12 Questions
1 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

What is the Blue Ocean Strategy primarily about?

  • Acquiring competitors to dominate the market
  • Maximizing profits through aggressive marketing
  • Avoidance of costly competition through innovation (correct)
  • Reducing product variety to cut costs

    • What is the primary purpose of a feasibility study?

  • Assessment of the practicality and potential success of a proposed project or venture (correct)
  • Evaluating long-term market trends
  • Maximizing short-term profits
  • Assessing competitors' strategies

    • What is the main function of an executive summary in a business plan?

  • Highlighting employee biographies
  • Concise overview of the entire business plan (correct)
  • In-depth market analysis
  • Detailed financial projections

    • What is the significance of lean startups?

    <p>Shortening product development cycles and validating business models</p> Signup and view all the answers

    What is the primary purpose of intellectual property protection?

    <p>Protecting original works of authorship</p> Signup and view all the answers

    What are complementary assets in the context of business innovation?

    <p>Resources or capabilities that enhance the value of an innovation</p> Signup and view all the answers

    What is the primary purpose of a business plan?

    <p>Comprehensive roadmap for a new venture</p> Signup and view all the answers

    What is the primary focus of the Value Chain concept?

    <p>Series of activities for delivering a valuable product or service</p> Signup and view all the answers

    What is the primary purpose of seed stage financing?

    <p>Initial stage of funding for a new venture</p> Signup and view all the answers

    What is the primary focus of the appropriability of innovation?

    <p>Ability to capture economic benefits from innovation</p> Signup and view all the answers

    What is the primary focus of the types of intellectual property protection?

    <p>Protection for inventions, brand names, logos, original works of authorship, and confidential business information</p> Signup and view all the answers

    What is the primary purpose of understanding different funding sources and financing options?

    <p>Accommodating rapid growth and competition</p> Signup and view all the answers

    More Like This

    Use Quizgecko on...
    Browser
    Open
    Browser
    Browser