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ENT 101 FINAL EXAM WITH CORRECT QUESTIONS AND ANSWERS 2025

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ENT 101 FINAL EXAM WITH CORRECT QUESTIONS AND ANSWERS 2025

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ENT

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ENT

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ENT 101 FINAL EXAM WITH CORRECT
QUESTIONS AND ANSWERS 2025

NISI Phases - CORRECT-ANSWERS1. Nail the Pain

2. Nail the Solution

3. Nail Go to Market

4. Nail the Business Model

5. Scale it

Traditional Process Method - CORRECT-ANSWERS1. entrepreneur has an idea

2. discusses with friends and family/ raises money

3. find location, build product

4. test product, perfect it

5. sell it

Business model canvas - CORRECT-ANSWERS

3 myths of entrepreneurship - CORRECT-ANSWERS1. process myth

2. hero myth

3. money myth

Reasons why entrepreneurs fail - CORRECT-ANSWERS- tackle wrong tasks

, - do things in wrong order

-fall prey to own strengths

- follow conventional wisdom

- more capital increases failure

Why do 90% of businesses fail - CORRECT-ANSWERScouldn't get anyone to buy it

What are the role of customers vs role of entrepreneurs - CORRECT-ANSWERScustomers

validate, entrepreneurs innovate

Three types of customers - CORRECT-ANSWERS1. end user customers

2. technical customers

3. economic customers

end user customers - CORRECT-ANSWERSthe person uses the product or manages the people

who use it

technical customers - CORRECT-ANSWERSIT person who installs or maintains the product

Economic Customers - CORRECT-ANSWERSthe person who makes the ultimate purchase

decision

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Institution: ENT
Course: ENT

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Uploaded on: September 8, 2025
Number of pages: 6
Written in: 2025/2026
Type: Exam (elaborations)
Contains: Unknown

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ent 101 final exam with correct questions and answ
nisi phases correct answers1 nail the pain 2
traditional process method correct answers1 ent
3 myths of entrepreneurship correct answers1 p

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ENT 101 FINAL EXAM WITH CORRECT QUESTIONS AND ANSWERS 2025

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