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ENT 101 Exam with complete solutions latest version.

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ENT 101 Exam with complete solutions latest version.

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BRAINSCAPE1




ENT 101 Exam with complete
solutions latest version




PHASES OF THE NISI PROCESS - CORRECT ANSWER-Nail Pain
Nail Solution
Nail Go to Market Strategy
Nail Business Model
Scale it

TRADITIONAL PROCESS METHOD - CORRECT ANSWER-Entrepreneur has Idea
Discuss with friends/Raise money
Find location
Build product
Test Product
Perfect it
Sell It

Myths of Entrepreneurship - CORRECT ANSWER-The Process Myth
The Hero Myth
The Money Myth

THE PROCESS MYTH - CORRECT ANSWER-IDEA, PRODUCT, TEAM, TEST, SELL

THE HERO MYTH - CORRECT ANSWER-•BELIEVING IN YOUR PRODUCT LEADS
TO FAILURE

THE MONEY MYTH - CORRECT ANSWER-YOU NEED TO HAVE A LARGE SUM OF
MONEY TO GET STARTED.

REASONS WHY ENTREPRENEURS FAIL - CORRECT ANSWER-•TACKLE WRONG
TASKS
•DO THINGS IN WRONG ORDER
•FALL PREY TO OWN STRENGTHS
•FOLLOW CONVENTIONAL WISDOM
•MORE CAPITAL CAN INCREASE FAILURE

BRAINSCAPE1

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