MGMT 307: Introduction to Entrepreneurship
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Questions and Answers

Which week is focused on 'Problem Discovery'?

  • 4
  • 3
  • 2 (correct)
  • 1
  • What is the main topic during the week of 6 August?

  • Mid-Term Test
  • Airplane Contest
  • Designing and Building the Product (correct)
  • Innovation Process
  • What is scheduled for 13 August?

  • Group Project Presentation
  • Midterm Break
  • Guest Speaker Session
  • Mid-term Test (correct)
  • Which session includes a guest speaker from the Popup Business School?

    <p>Week 7</p> Signup and view all the answers

    During which week will students participate in a pitch warmup for an airplane contest?

    <p>Week 9</p> Signup and view all the answers

    What is a key topic covered in week 1 of the course?

    <p>Experiencing Entrepreneurship</p> Signup and view all the answers

    What important assessment takes place on the week of 01 October?

    <p>Final Presentations/Pitching</p> Signup and view all the answers

    What is the subject of the guest session on 17 September?

    <p>Think Place</p> Signup and view all the answers

    What is one of the core components of entrepreneurship education?

    <p>The entrepreneur world</p> Signup and view all the answers

    Which phase of reflective practice involves evaluating the experience?

    <p>Evaluative</p> Signup and view all the answers

    In the context of reflective practice, what does the Analytical phase focus on?

    <p>Examining the skills and knowledge utilized</p> Signup and view all the answers

    What type of mindset is entrepreneurship described as?

    <p>A combination of mindset and skillset</p> Signup and view all the answers

    Which question would be addressed in the Critical phase of reflective practice?

    <p>Why did you do what you did?</p> Signup and view all the answers

    What does the term 'cognition world' in entrepreneurship refer to?

    <p>How entrepreneurs think</p> Signup and view all the answers

    Which of the following is NOT a step in the reflective practice framework?

    <p>Functional</p> Signup and view all the answers

    What does the term 'entrepreneur world' encompass?

    <p>Characteristics of an entrepreneur</p> Signup and view all the answers

    Study Notes

    MGMT 307: Introduction to Entrepreneurship

    • This course focuses on the process and mindset of entrepreneurship.
    • The course is structured around a weekly schedule with a mixture of lectures, guest sessions, tutorials, and group projects.
    • Students will learn about the different stages of venture creation, from problem discovery to pitching.
    • The course culminates in a final presentation and assessment.

    Experiencing Entrepreneurship

    • This course explores entrepreneurship through a practical lens.
    • Students will learn how to identify and analyze business problems, define their target customers, and develop solutions.
    • The course includes guest speakers from the entrepreneurial community, providing real-world insights and perspectives.

    Reflection in Entrepreneurship

    • Reflection is a vital tool for entrepreneurs, allowing them to analyze their experiences and improve their practice.
    • The Reflective Practice framework by Brockbank and McGill (2007) provides a structured approach to reflecting on entrepreneurial activities.
    • This framework involves five phases: narrative, percipient, analytical, evaluative, and critical.
    • By engaging in reflective practice, entrepreneurs can gain a deeper understanding of their own actions, behaviors, and decision-making processes.

    Three Worlds of Entrepreneurship Education

    • The course highlights three key perspectives on entrepreneurship:

      • The Entrepreneur World: This focuses on the characteristics and traits of successful entrepreneurs.
      • The Process World: This emphasizes the step-by-step process of building a new venture, such as market research, product development, and marketing.
      • The Cognition World: This explores how entrepreneurs think, their problem-solving approaches, and cognitive biases.
    • Combining these perspectives provides a comprehensive understanding of entrepreneurship, enabling students to develop both the mindset and skillset of an entrepreneur.

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    Related Documents

    Lecture 6 PDF

    Description

    This quiz covers key concepts from MGMT 307, emphasizing the entrepreneurial process and mindset. Students will engage with topics like venture creation, problem discovery, and the importance of reflection in entrepreneurship. Prepare for insights from lectures, guest speakers, and practical applications.

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