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Exam (elaborations)

ENT101 Exam Study Questions and Answers |Latest Update

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ENT101 Exam Study Questions and Answers |Latest Update

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ENT101 Exam Study Questions and Answers
|Latest Update
framework - ANS What
who
where
why
how


What - ANS what is it
what is the challenge
what is the issue


who - ANS who does this consider an issue


where - ANS where is this issue


why - ANS why is it an issue
how did it become an issue
why has it not been solved


how - ANS how do we understand this issue
how did this issue become a problem
how does it affect everyone
how bad it is


theory of change - ANS Explanation and justification for why you are about to embark on this
social venture you are planning

, why it will work
why people should join you and invest resources in your solution
it bridges the gap between the challenge you have characterized and the measurable change
you are aiming to achieve


five P's - ANS product
place
price
positioning
promotion


five C's - ANS customer
co-creation
cost
Competitors
collaborators


market analysis - ANS who are the customers
demographics
behaviors patterns
lifestyle characteristics


Competitive analysis - ANS identifies the competition and how unique your solution is relative
to theirs
social value proposition
unique selling point
Focus on the product/services

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