ITE-6301 - Technopreneurship oed answer key

Showing 161 to 177 of 177 total answers.

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Awesome StudentQuestion • Technopreneurship

_____________________ Focused on individuals who aims to create answers to social and environmental difficulties by means of current business methods and approaches

Answer

Social Entrepreneurship

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Awesome StudentQuestion • Technopreneurship

An ______________ is a person who identifies an opportunity, converts it into a product or service, estimates earnings and profit and builds a successful business with it.

Answer

Entrepreneurship

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Awesome StudentQuestion • Technopreneurship

The practice of gathering, organizing, and disseminating the collective wisdom and experience of a company's employees for the purpose of strengthening its competitive position

Answer

objectives

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Awesome StudentQuestion • Technopreneurship

Disruptive innovation creates substantial growth by offering a new performance trajectory and inferior performance of existing technologies will never have an opportunity for growth

Answer

False

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Awesome StudentQuestion • Technopreneurship

A written summary of an entrepreneur's proposed business venture, its operational and financial details, its marketing opportunities and strategy, and its managers' skills and abilities

Answer

Business Plan

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Awesome StudentQuestion • Technopreneurship

Most commercial operations such as venture capital firms and commercial banks tend to exhibit greater interest in risk taking like venturing in rural areas that has a potential to be urbanized

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Awesome StudentQuestion • Technopreneurship

This is a key area in an entrepreneur's mindset that is characterized by a business requirement of having a global market and build a network of relationships to find customers, champions and partners

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Awesome StudentQuestion • Technopreneurship

One who creates a new business in the face of risk and uncertainty for the purpose of achieving profit and growthby identifying opportunities and assembling the necessary resources to capitalize on them

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Awesome StudentQuestion • Technopreneurship

A quote of what interest paid on savings and investments would be. It is calculated by adding each interest payment to the original deposit, then working out the next interest payment, compounding the interest.

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Awesome StudentQuestion • Technopreneurship

There is a common belief in the _____________, an inherent DNA to work hard and against all odds, a coming together of people with myriad skillsets and resources that are critical for the success of the venture

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Awesome StudentQuestion • Technopreneurship

Building a start-up company with very little money, often relying on personal savings and pushing for the lowest possible operating costs, while implementing cost-saving systems such as fast inventory turnaround.

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Awesome StudentQuestion • Technopreneurship

_______________ is an entrepreneurial venture which is typically a newly emerged business that aims to meet a marketplace need by developing a viable business model around a product, service, process or a platform

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Awesome StudentQuestion • Technopreneurship

______is a much wider than just supporting one small team or community of practice within an organization, but is about having responsibility for building and sustaining a community across the whole of the organization

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Awesome StudentQuestion • Technopreneurship

Social entrepreneurship/entrepreneurs are individuals and groups who create independent organizations to mobilize ideas and resources to address social problems, typically earning revenues but on a not-for-profit basis

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Awesome StudentQuestion • Technopreneurship

_______uses the resources of the firm efficiently while entrepreneurial is driven by presence of generation of opportunities for new entry and is less concerned about the resources that may require pursuing opportunities

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Awesome StudentQuestion • Technopreneurship

This is a key area in an entrepreneur's mindset that promotes for companies to gain access to foreign customers and networks These assets include product and technology platforms, Internet forums, brands, and open source communities

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Awesome StudentQuestion • Technopreneurship

An ___________ refers to the environment in which the business operates – including competitors, consumers, resources, government regulations, political, economic, cultural and social variables, all of which have an impact on the way a product is designed and used and the business entity is run.

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