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Idea Hub Discovery Flashcards | StudBud

Explore/Idea Hub Discovery

Idea Hub Discovery

8 terms·StudBud Administration·158 plays

Made for 6-week workshop at Churchie

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Questions 8

Answers

1
Innovation driven entrepreneurship:
Serves a larger market than SME
Is less risky than SME
Has linear growth
Serves a local market
2
What is step one in starting a business?
Hiring a website developer
Building a product
Finding out what future users need
Finding an investor
3
An intrapreneur:
This is a trick question
Shows entrepreneurial characteristics in the work they do
Is entrepreneur spelt wrong
An entrepreneur who works in IT
4
You should come up with a solution first and then decide on a problem to solve
False
True
5
Demographic segmentation considers...
Where they are located
Age, Gender, Family Size, Income, Religion, Race
What they do, what decisions they make
Lifestyle, Activities, Interests, Opinions
6
It isn't a good idea to try to sell your product to everyone
True
False
7
IDE stands for
Ideation driven entrepreneurship
Innovation design entrepreneurship
Innovation development entrepreneurship
Innovation driven entrepreneurship
8
What does UPI stand for?
User problem impact
User potential impact
User problem investment
User profit impact