Podcast
Questions and Answers
What is the meaning of 'market gap' in the context of startups?
What is the meaning of 'market gap' in the context of startups?
- Excessive supply with insufficient demand
- Excessive supply with no demand
- Excessive demand with lack of availability/no supply (correct)
- Excessive demand with sufficient supply
Which element is considered the backbone of a financial plan in startups?
Which element is considered the backbone of a financial plan in startups?
- All of the given options
- Budgeting
- Capital (correct)
- Nature of business
In startup development, which of the following types of business models is focused on selling directly to consumers?
In startup development, which of the following types of business models is focused on selling directly to consumers?
- B2B
- B2C (correct)
- D2C
- All of the above
Which factor is essential for creating a good team in startups for innovation and development?
Which factor is essential for creating a good team in startups for innovation and development?
What does D2C stand for in the context of business models for startups?
What does D2C stand for in the context of business models for startups?
Why is capital considered crucial in the context of startups?
Why is capital considered crucial in the context of startups?
Which of the following describes the process of creating something new?
Which of the following describes the process of creating something new?
What is the alternative term for corporate venturing?
What is the alternative term for corporate venturing?
What is the primary reason for an entrepreneur to conduct a feasibility study before starting a new venture?
What is the primary reason for an entrepreneur to conduct a feasibility study before starting a new venture?
Which of the following is considered an export activity for a business?
Which of the following is considered an export activity for a business?
What is the primary advantage of indirect exporting for a startup?
What is the primary advantage of indirect exporting for a startup?
Which of the following strategies focuses on selling products or services within a company's domestic market?
Which of the following strategies focuses on selling products or services within a company's domestic market?
What is the maximum turnover permitted for a startup to be recognized in any financial year?
What is the maximum turnover permitted for a startup to be recognized in any financial year?
Where must a startup be incorporated or registered to receive recognition?
Where must a startup be incorporated or registered to receive recognition?
What is the primary role of the Start-up Support Unit (SSU)?
What is the primary role of the Start-up Support Unit (SSU)?
Which of the following is a common challenge faced by startups?
Which of the following is a common challenge faced by startups?
What is the primary benefit of registering a startup?
What is the primary benefit of registering a startup?
Which of the following is a common characteristic of successful startups?
Which of the following is a common characteristic of successful startups?
