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ENT101 FINAL EXM STUDY questions all with Correct Answers

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ENT101 FINAL EXM STUDY questions all with Correct Answers

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ENT101 FINAL EXM STUDY questions all with
Correct Answers
Nail it Scale it process

Nail the pain -> Nail the solution -> Nail the go-to-market strategy -> Nail the business model ->
Scale it

Who said "Innovation distinguishes between a leader and a follower"

Steve Jobs

Who said "I never want to build something that nobody wants to buy"

Thomas Edison

Who said "No success can compensate for failure in the home"

David O Mckay

Who said "If I'd asked customers what they wanted, they would've said faster horses"

Henry Ford

Are there benefits to starting a business with less money?

yes

Invention

new technology, product, or service

Innovation

combination of an invention with a new insight

What risks do you face when starting a new business?

technological risk and market risk

What did Corbin say about this class multiple times?

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