8-Quiz E. PROCESS
Elena Maestre
Created on November 24, 2024
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Transcript
Quiz ENTREPRENEUDAL PROCESS
begin
true
false
A successful entrepreneur does not need to conduct a feasibility analysis if they are confident in their idea.
true
false
An idea is always a business opportunity if it is attractive to consumer.
true
false
The lean Startup process involves testing hypotheses through MVPs (Minimum Viable Products) and iterating based on customer feedback.
The "Idea Generation" phase in the entrepreneurial process is crucial for identifying market opportunities and generating innovative ideas.
Lean start-ups begin by searching for a business model. They test, revise, and discard hypotheses, continually gathering customer feedback and rapidly iterating on and reengineering their products.
A business opportunity must be attractive to stakeholders, timely, and sustainable to be successful.
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