ENT 305 exam 1 Questions And Answers
2024
Lean Entrepreneurship - Answers:idea, customer, build, brand
wastes fewer resources to arrive to the appropriate customer solution
the formalized creative process - Answers:
the startup loop of despair - Answers:idea, build, brand, customer x infinity
the step-wise feasibility approach - Answers:method to asses viability of an entrepreneurial idea
market, technical, financial. organizational
customer persona - Answers:the ideal customer
demographic, psychographic, and behavioral info
market research and real data abt existing customers
the more detailed the better
how personas are useful - Answers:-personalize target marketing (segment message)
-remove bad apples
-focus on strategic decisions
-increase alignment across orgs
-improve efficiency when using limited resources
cost leadership - Answers:-similar value as competitors at a lower cost
2024
Lean Entrepreneurship - Answers:idea, customer, build, brand
wastes fewer resources to arrive to the appropriate customer solution
the formalized creative process - Answers:
the startup loop of despair - Answers:idea, build, brand, customer x infinity
the step-wise feasibility approach - Answers:method to asses viability of an entrepreneurial idea
market, technical, financial. organizational
customer persona - Answers:the ideal customer
demographic, psychographic, and behavioral info
market research and real data abt existing customers
the more detailed the better
how personas are useful - Answers:-personalize target marketing (segment message)
-remove bad apples
-focus on strategic decisions
-increase alignment across orgs
-improve efficiency when using limited resources
cost leadership - Answers:-similar value as competitors at a lower cost
