ENT 451 EXAM 33 QUESTIONS WITH VERIFIED
ANSWERS
optimization - CORRECT ANSWER is becoming the new risk management
optimization - CORRECT ANSWER playing it safe while doubling down, companies
need to look at things like vendors, contracts, costs so there’s comfort in
efficiency. Which trend does this sound like?
industry- specific - CORRECT ANSWER ____ startups are seeing the greatest
growth
Industry-specific - CORRECT ANSWER echoed the belief that some of the best
business opportunities aren’t found in broad business services. Amazon services a
large target market, it’s the niches that can be a real opportunity....what trend
does this sound like?
non-technical - CORRECT ANSWER ______ entrepreneurs are winning with
partnerships
non-technical entrepreneurs are winning with partnerships - CORRECT ANSWER
plenty of people can’t code. dual boots Todd Buelow has stated that more non
tech entrepreneurs are trusting other to build their technologies. this trend does
this sound like?
technology - CORRECT ANSWER teams are using _______ tech to maximize their
operations
, teams are using technology to max operations - CORRECT ANSWER time saving
tools make it possible to accomplish more with fewer resources. a company
related to this is teamwork, an Irish tech firm. teamwork is a project management
tool. what trend does this sound like?
culture conscious - CORRECT ANSWER companies are becoming more _____
companies are becoming culture conscious - CORRECT ANSWER its people who
make a business thrive. more want to learn about building diverse teams and
creating a culture for their employees to stay. a way to do this is invest is personal
growth. what trend does this sound like ?
there is no market need - CORRECT ANSWER what is the top reason businesses
fail?
no market need (42%) no more cash (29%) not the right people (23%)
outcompeted (19%) cost issues (18%) - CORRECT ANSWER top 5 reasons markets
fail in order
Digital nomadism takeaway - CORRECT ANSWER ___________ is made possible by
internet accessibility. As such, many entrepreneurs are now choosing to be
location independent to save on overhead costs and to have flexibility while
managing their businesses.
With the nearing implementation of 5G networks and the number of advanced
phones and computers on the market, we can expect that the digital nomadism
trend will only grow in popularity by 2021.
ANSWERS
optimization - CORRECT ANSWER is becoming the new risk management
optimization - CORRECT ANSWER playing it safe while doubling down, companies
need to look at things like vendors, contracts, costs so there’s comfort in
efficiency. Which trend does this sound like?
industry- specific - CORRECT ANSWER ____ startups are seeing the greatest
growth
Industry-specific - CORRECT ANSWER echoed the belief that some of the best
business opportunities aren’t found in broad business services. Amazon services a
large target market, it’s the niches that can be a real opportunity....what trend
does this sound like?
non-technical - CORRECT ANSWER ______ entrepreneurs are winning with
partnerships
non-technical entrepreneurs are winning with partnerships - CORRECT ANSWER
plenty of people can’t code. dual boots Todd Buelow has stated that more non
tech entrepreneurs are trusting other to build their technologies. this trend does
this sound like?
technology - CORRECT ANSWER teams are using _______ tech to maximize their
operations
, teams are using technology to max operations - CORRECT ANSWER time saving
tools make it possible to accomplish more with fewer resources. a company
related to this is teamwork, an Irish tech firm. teamwork is a project management
tool. what trend does this sound like?
culture conscious - CORRECT ANSWER companies are becoming more _____
companies are becoming culture conscious - CORRECT ANSWER its people who
make a business thrive. more want to learn about building diverse teams and
creating a culture for their employees to stay. a way to do this is invest is personal
growth. what trend does this sound like ?
there is no market need - CORRECT ANSWER what is the top reason businesses
fail?
no market need (42%) no more cash (29%) not the right people (23%)
outcompeted (19%) cost issues (18%) - CORRECT ANSWER top 5 reasons markets
fail in order
Digital nomadism takeaway - CORRECT ANSWER ___________ is made possible by
internet accessibility. As such, many entrepreneurs are now choosing to be
location independent to save on overhead costs and to have flexibility while
managing their businesses.
With the nearing implementation of 5G networks and the number of advanced
phones and computers on the market, we can expect that the digital nomadism
trend will only grow in popularity by 2021.
