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91問 • 1年前
  • tokkijijii
    • 通報

    問題一覧

  • 1

    It is a step-by-step procedure in establishing any kind of business that an entrepreneur has to undergo

    Entrepreneurial process

  • 2

    4 aspects of entrepreneurial process

    Opportunity spotting and assessment, Developing a business plan, Determining the capital needed, Running the business

  • 3

    Opportunity spotting and assessment

    Consumers, Major sources of opportunity, Minor sources of opportunity

  • 4

    These are reliable sources of opportunity information because market needs originate from them.

    Consumers

  • 5

    These are glaring problems in the environment, problems encountered by co-entrepreneurs, new trends, processes, and developments in the environment.

    Major sources of opportunity

  • 6

    It is the feedback from the distribution or business partners such as retailers, wholesalers, manufacturers, and technical people that the entrepreneur is working with.

    Minor sources of opportunity

  • 7

    Entrepreneurs should formulate _______ when they have already spotted and assessed the opportunities for a market.

    Business plan

  • 8

    It is a comprehensive paper that details the marketing, operational, human resource, financial, strategic direction and tactics of the business.

    Business plan

  • 9

    This will be the core guide and direction of the entrepreneur in calculating the resources needed, assessing how to obtain these resources efficiently, and running the business sustainably.

    Business plan

  • 10

    A big idea can never be translated into reality if the entrepreneur's resources is limited.

    Determining the capital needed

  • 11

    It is mandatory in the entrepreneurial process to calculate resources needed to establish the business and compare this against the entrepreneur's current resources.

    Determining the capital needed

  • 12

    This is the part where the entrepreneur should use the resources allocated for the new venture.

    Running the business

  • 13

    All aspects of the business plan should be critically observed from operations, marketing and sales, human resources, finance, strategy implementation.

    Running the business

  • 14

    It is the starting point of any new venture that involves understanding and knowing the intricacies of the macro environment, micro environment and internal environment.

    Scanning the marketing environment

  • 15

    3s of opportuniy spotting and assessment

    Seeking the opportunity, Screening the opportunity, Seizing the opportunity

  • 16

    It is the framework that most of the promising entrepreneurs use to finally come up with the ultimate product or service suited for a specific opportunity.

    3s of opportunity spotting and assessment

  • 17

    It is an entrepreneur's business idea that can potentially become a commercial product or service in the future.

    Opportunity

  • 18

    It is the first step and is the most difficult process of all due to the number of options that the entrepreneur will have to choose from.

    Seeking the opportunity

  • 19

    Seeking the opportunity (markets)

    Macroenvironmental sources, Micromarket

  • 20

    Macroenvironmental sources

    STEEPLED, Industry, New discovery or knowledge, Futuristic opportunities

  • 21

    STEEPLED means

    Sociocultural, Technological, Economic, Environmental, Political, Legal, Ethical, Demographic factors

  • 22

    This represents the general environment where the entrepreneur can identify business opportunities from and where the future business is about to operate.

    STEEPLED

  • 23

    This is the source of current trend on what is happening in the industry where the future business will belong to.

    Industry

  • 24

    These are new trends that can be the core business model of a new venture.

    New discovery or knowledge

  • 25

    For example, the entrepreneur should be fully acclimated on what is happening with the rice industry if he or she wants to establish a rice retailing business.

    Industry

  • 26

    For example, the influx of mobile applications necessitates businesses to have this platform as one of their transaction channels.

    New discovery or knowledge

  • 27

    These are projected new opportunities that can be possibly affect the new business while it is running.

    Futuristic opportunities

  • 28

    For example, sari-sari stores in the future will be able to incorporate financial transactions such as accepting bills payment and process remittances.

    Futuristic opportunities

  • 29

    Micromarket

    Consumer preferences, interests, and perception, Competitors, Unexpected opportunities from customers, Talents, hobbies, skills, and expertise, Irritants in the marketplace such as deterrents, problems, complaints, and delays, Location

  • 30

    These are the current needs and wants of potential customers that should be discovered right away by a budding entrepreneur.

    Consumer preferences, interests, and perception

  • 31

    This way, he or she will be able to take a chance of the opportunity.

    Consumer preferences, interests, and perception

  • 32

    Recognized when a customer believes that there is a difference between his or her current situation vs. his or her desired condition.

    Need

  • 33

    Recognized when a customer believes that there is a specific product or service that can perfectly suit the need.

    Want

  • 34

    Recognizing and understanding potential ________ will aid the entrepreneur to develop a product or service that is unique and will surely stand out from the competition.

    Competitors

  • 35

    4ps of marketing

    Product, Place, Price, Promotion

  • 36

    Oftentimes, the most brilliant ventures come form the most unexpected opportunities. It may happen in unlikely situations, unlikely places, and with unlikely people.

    Unexpected opportunities from customers

  • 37

    Business opportunities do not just come from outside forces, but also from within the entrepreneur.

    Talents, hobbies, skills, and expertise

  • 38

    The entrepreneur's talents, hobbies, skills or expertise can be a source of business opportunity.

    Talents, hobbies, skills, and expertise

  • 39

    Generally, entrepreneurs see opportunities in situations where there is a recurring problem or sometimes when there is no more hope in solving the problem.

    Irritants in the marketplace such as deterrents, problems, complaints, and delays

  • 40

    Often, entrepreneurs just have to look at their ecosystem and they will be able to spot a business opportunity right away.

    Location

  • 41

    Methods of gathering ideas

    Focused group discussion (fgd), Brainstorming, Brainwriting or internet brainstorming, Problem inventory analysis

  • 42

    In this method, a moderator handles a very open, free flowing, and in-depth discussion with a group of people who can provide insightful ideas about a new product or service that will fill a market need.

    Focused group discussion

  • 43

    FGD

    Focused group discussion

  • 44

    Similar to FGD, _______ is an activity that allows the participants to share creative ideas while following rules

    Brainstorming

  • 45

    Rules of Brainstorming: • A. no ______ or judgment is allowed • B. ______ ideas are accepted • C. More ideas are ______ • D. _______ of others' ideas is allowed.

    Destructive criticism, Wilder, Preferred, Improvement

  • 46

    This is a fun discussion with lenient rules

    Brainstorming

  • 47

    This is exactly the same as brainstorming except that the channel used is face-to-face, but in writing or online.

    Brainwriting or internet brainstorming

  • 48

    The results of this usually take longer, as the answers depend on the availability of the participants in answering the questionnaires online.

    Brainwriting or internet brainstorming

  • 49

    This method is similar to the FGD except that the participants are already given an inventory of product or service problems

    Problem inventory analysis

  • 50

    The participants will just identify from the list given the compelling problems of a potential product or service instead of generating the ideas from them.

    Problem inventory analysis

  • 51

    It is the process of cautiously selecting the best opportunity.

    Opportunity screening

  • 52

    In opportunity screening, the selection will depend on the entrepreneur's ______ and _______

    Internal intent, External intent

  • 53

    It is the main objective that the business will accomplish in the entrepreneur's life

    Internal intent

  • 54

    It will address the compelling needs of the target market.

    External intent

  • 55

    It refers to the entrepreneur's tolerance of business risk

    Risk appetite

  • 56

    It is considered in screening opportunities

    Time

  • 57

    It is considered one of the most critic resources of an entrepreneur.

    Time

  • 58

    _____ should only be devoted to worthwhile opportunities

    Time

  • 59

    OAT

    Opportunity of attractiveness test

  • 60

    The ______ aims to assist entrepreneurs in ensuring that the opportunity that they will venture into is an attractive and feasible prospect.

    Oat

  • 61

    A framework to measure how compelling an opportunity is.

    Oat

  • 62

    This test is designed to detail each entrepreneurial aspect into small chunks to come up with a sound entrepreneurial decision.

    Oat

  • 63

    The answers in this test will be the guiding principles of the entrepreneur in writing the business plan.

    Oat

  • 64

    The components of the _____ will be used to channel the entrepreneur's direction in data gathering.

    Oat

  • 65

    The entrepreneur should think of the reason for the business' existence.

    Concept, Strategy

  • 66

    A _________ is simply defined as what the business should do in the future.

    Vision statement

  • 67

    The entrepreneur should also devise a ________, the value that the product or service will offer to the target customers or the satisfaction of the needs or wants of the target customers.

    Value creation proposition

  • 68

    These are considered as the opportunity's critical success factors.

    Opportunity metrics

  • 69

    These factors will approximately determine the attractiveness of the new venture depending on the total scores that it will generate and the risk appetite of the entrepreneur.

    Opportunity metrics

  • 70

    It is the last step in opportunity spotting and assessment.

    Opportunity seizing

  • 71

    This is the "pushing through" with the chosen opportunity.

    Opportunity seizing

  • 72

    It is the process of positively improving an existing product or service.

    Innovation

  • 73

    It is a key driver for economic growth.

    Innovation

  • 74

    __________ is inevitable as the world constantly changes.

    Innovation

  • 75

    3 types of innovation

    Breakthrough innovation, Technological innovation, Ordinary innovation

  • 76

    The 3 types of innovation is according to the _______

    Degree of distinctiveness

  • 77

    These innovations, which may also include inventions, occur infrequently as these establish the platform on which future innovations in an area are developed.

    Breakthrough innovation

  • 78

    These innovations occur more frequently than breakthrough innovation.

    Technological innovation

  • 79

    These innovation are technological advancement of an existing product or service.

    Technological innovation

  • 80

    These innovations occur ordinarily as the name implies.

    Ordinary innovation

  • 81

    They are commonly originating from market analysis and technology pull instead of a technology push.

    Ordinary innovation

  • 82

    In the _______, one opportunity stood out from a number of sources.

    Seeking the opportunity

  • 83

    The last process, called the _______ process, involves refining and developing this opportunity

    Seizing opportunity

  • 84

    The refining process in "seizing the opportunity" process is called _______

    Product or service planning and development process

  • 85

    Stages of product or service planning and development

    Idea stage, Concept stage, Product development stage, Test marketing stage

  • 86

    In this stage, the entrepreneur determines what are the feasible products and/or services that will perfectly suit the opportunity.

    Idea stage

  • 87

    Usually, a _________ is conducted by the entrepreneur to assess whether the new product or service ideas will be accepted by the market using values and benefits to consumers as metrics.

    Market evaluation

  • 88

    Once the acceptable product or service has already been identified. In the ______, the developed idea will undergo a consumer acceptance test.

    Concept stage

  • 89

    In this stage, the entrepreneur leverages on the information generated from the prospective customers via the concept stage.

    Product development stage

  • 90

    Actual reactions from prospective customers are determined.

    Product development stage

  • 91

    This stage validates the work done from the first three stages to measure success in the commercialization of the product

    Test marketing stage

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    問題一覧

  • 1

    It is a step-by-step procedure in establishing any kind of business that an entrepreneur has to undergo

    Entrepreneurial process

  • 2

    4 aspects of entrepreneurial process

    Opportunity spotting and assessment, Developing a business plan, Determining the capital needed, Running the business

  • 3

    Opportunity spotting and assessment

    Consumers, Major sources of opportunity, Minor sources of opportunity

  • 4

    These are reliable sources of opportunity information because market needs originate from them.

    Consumers

  • 5

    These are glaring problems in the environment, problems encountered by co-entrepreneurs, new trends, processes, and developments in the environment.

    Major sources of opportunity

  • 6

    It is the feedback from the distribution or business partners such as retailers, wholesalers, manufacturers, and technical people that the entrepreneur is working with.

    Minor sources of opportunity

  • 7

    Entrepreneurs should formulate _______ when they have already spotted and assessed the opportunities for a market.

    Business plan

  • 8

    It is a comprehensive paper that details the marketing, operational, human resource, financial, strategic direction and tactics of the business.

    Business plan

  • 9

    This will be the core guide and direction of the entrepreneur in calculating the resources needed, assessing how to obtain these resources efficiently, and running the business sustainably.

    Business plan

  • 10

    A big idea can never be translated into reality if the entrepreneur's resources is limited.

    Determining the capital needed

  • 11

    It is mandatory in the entrepreneurial process to calculate resources needed to establish the business and compare this against the entrepreneur's current resources.

    Determining the capital needed

  • 12

    This is the part where the entrepreneur should use the resources allocated for the new venture.

    Running the business

  • 13

    All aspects of the business plan should be critically observed from operations, marketing and sales, human resources, finance, strategy implementation.

    Running the business

  • 14

    It is the starting point of any new venture that involves understanding and knowing the intricacies of the macro environment, micro environment and internal environment.

    Scanning the marketing environment

  • 15

    3s of opportuniy spotting and assessment

    Seeking the opportunity, Screening the opportunity, Seizing the opportunity

  • 16

    It is the framework that most of the promising entrepreneurs use to finally come up with the ultimate product or service suited for a specific opportunity.

    3s of opportunity spotting and assessment

  • 17

    It is an entrepreneur's business idea that can potentially become a commercial product or service in the future.

    Opportunity

  • 18

    It is the first step and is the most difficult process of all due to the number of options that the entrepreneur will have to choose from.

    Seeking the opportunity

  • 19

    Seeking the opportunity (markets)

    Macroenvironmental sources, Micromarket

  • 20

    Macroenvironmental sources

    STEEPLED, Industry, New discovery or knowledge, Futuristic opportunities

  • 21

    STEEPLED means

    Sociocultural, Technological, Economic, Environmental, Political, Legal, Ethical, Demographic factors

  • 22

    This represents the general environment where the entrepreneur can identify business opportunities from and where the future business is about to operate.

    STEEPLED

  • 23

    This is the source of current trend on what is happening in the industry where the future business will belong to.

    Industry

  • 24

    These are new trends that can be the core business model of a new venture.

    New discovery or knowledge

  • 25

    For example, the entrepreneur should be fully acclimated on what is happening with the rice industry if he or she wants to establish a rice retailing business.

    Industry

  • 26

    For example, the influx of mobile applications necessitates businesses to have this platform as one of their transaction channels.

    New discovery or knowledge

  • 27

    These are projected new opportunities that can be possibly affect the new business while it is running.

    Futuristic opportunities

  • 28

    For example, sari-sari stores in the future will be able to incorporate financial transactions such as accepting bills payment and process remittances.

    Futuristic opportunities

  • 29

    Micromarket

    Consumer preferences, interests, and perception, Competitors, Unexpected opportunities from customers, Talents, hobbies, skills, and expertise, Irritants in the marketplace such as deterrents, problems, complaints, and delays, Location

  • 30

    These are the current needs and wants of potential customers that should be discovered right away by a budding entrepreneur.

    Consumer preferences, interests, and perception

  • 31

    This way, he or she will be able to take a chance of the opportunity.

    Consumer preferences, interests, and perception

  • 32

    Recognized when a customer believes that there is a difference between his or her current situation vs. his or her desired condition.

    Need

  • 33

    Recognized when a customer believes that there is a specific product or service that can perfectly suit the need.

    Want

  • 34

    Recognizing and understanding potential ________ will aid the entrepreneur to develop a product or service that is unique and will surely stand out from the competition.

    Competitors

  • 35

    4ps of marketing

    Product, Place, Price, Promotion

  • 36

    Oftentimes, the most brilliant ventures come form the most unexpected opportunities. It may happen in unlikely situations, unlikely places, and with unlikely people.

    Unexpected opportunities from customers

  • 37

    Business opportunities do not just come from outside forces, but also from within the entrepreneur.

    Talents, hobbies, skills, and expertise

  • 38

    The entrepreneur's talents, hobbies, skills or expertise can be a source of business opportunity.

    Talents, hobbies, skills, and expertise

  • 39

    Generally, entrepreneurs see opportunities in situations where there is a recurring problem or sometimes when there is no more hope in solving the problem.

    Irritants in the marketplace such as deterrents, problems, complaints, and delays

  • 40

    Often, entrepreneurs just have to look at their ecosystem and they will be able to spot a business opportunity right away.

    Location

  • 41

    Methods of gathering ideas

    Focused group discussion (fgd), Brainstorming, Brainwriting or internet brainstorming, Problem inventory analysis

  • 42

    In this method, a moderator handles a very open, free flowing, and in-depth discussion with a group of people who can provide insightful ideas about a new product or service that will fill a market need.

    Focused group discussion

  • 43

    FGD

    Focused group discussion

  • 44

    Similar to FGD, _______ is an activity that allows the participants to share creative ideas while following rules

    Brainstorming

  • 45

    Rules of Brainstorming: • A. no ______ or judgment is allowed • B. ______ ideas are accepted • C. More ideas are ______ • D. _______ of others' ideas is allowed.

    Destructive criticism, Wilder, Preferred, Improvement

  • 46

    This is a fun discussion with lenient rules

    Brainstorming

  • 47

    This is exactly the same as brainstorming except that the channel used is face-to-face, but in writing or online.

    Brainwriting or internet brainstorming

  • 48

    The results of this usually take longer, as the answers depend on the availability of the participants in answering the questionnaires online.

    Brainwriting or internet brainstorming

  • 49

    This method is similar to the FGD except that the participants are already given an inventory of product or service problems

    Problem inventory analysis

  • 50

    The participants will just identify from the list given the compelling problems of a potential product or service instead of generating the ideas from them.

    Problem inventory analysis

  • 51

    It is the process of cautiously selecting the best opportunity.

    Opportunity screening

  • 52

    In opportunity screening, the selection will depend on the entrepreneur's ______ and _______

    Internal intent, External intent

  • 53

    It is the main objective that the business will accomplish in the entrepreneur's life

    Internal intent

  • 54

    It will address the compelling needs of the target market.

    External intent

  • 55

    It refers to the entrepreneur's tolerance of business risk

    Risk appetite

  • 56

    It is considered in screening opportunities

    Time

  • 57

    It is considered one of the most critic resources of an entrepreneur.

    Time

  • 58

    _____ should only be devoted to worthwhile opportunities

    Time

  • 59

    OAT

    Opportunity of attractiveness test

  • 60

    The ______ aims to assist entrepreneurs in ensuring that the opportunity that they will venture into is an attractive and feasible prospect.

    Oat

  • 61

    A framework to measure how compelling an opportunity is.

    Oat

  • 62

    This test is designed to detail each entrepreneurial aspect into small chunks to come up with a sound entrepreneurial decision.

    Oat

  • 63

    The answers in this test will be the guiding principles of the entrepreneur in writing the business plan.

    Oat

  • 64

    The components of the _____ will be used to channel the entrepreneur's direction in data gathering.

    Oat

  • 65

    The entrepreneur should think of the reason for the business' existence.

    Concept, Strategy

  • 66

    A _________ is simply defined as what the business should do in the future.

    Vision statement

  • 67

    The entrepreneur should also devise a ________, the value that the product or service will offer to the target customers or the satisfaction of the needs or wants of the target customers.

    Value creation proposition

  • 68

    These are considered as the opportunity's critical success factors.

    Opportunity metrics

  • 69

    These factors will approximately determine the attractiveness of the new venture depending on the total scores that it will generate and the risk appetite of the entrepreneur.

    Opportunity metrics

  • 70

    It is the last step in opportunity spotting and assessment.

    Opportunity seizing

  • 71

    This is the "pushing through" with the chosen opportunity.

    Opportunity seizing

  • 72

    It is the process of positively improving an existing product or service.

    Innovation

  • 73

    It is a key driver for economic growth.

    Innovation

  • 74

    __________ is inevitable as the world constantly changes.

    Innovation

  • 75

    3 types of innovation

    Breakthrough innovation, Technological innovation, Ordinary innovation

  • 76

    The 3 types of innovation is according to the _______

    Degree of distinctiveness

  • 77

    These innovations, which may also include inventions, occur infrequently as these establish the platform on which future innovations in an area are developed.

    Breakthrough innovation

  • 78

    These innovations occur more frequently than breakthrough innovation.

    Technological innovation

  • 79

    These innovation are technological advancement of an existing product or service.

    Technological innovation

  • 80

    These innovations occur ordinarily as the name implies.

    Ordinary innovation

  • 81

    They are commonly originating from market analysis and technology pull instead of a technology push.

    Ordinary innovation

  • 82

    In the _______, one opportunity stood out from a number of sources.

    Seeking the opportunity

  • 83

    The last process, called the _______ process, involves refining and developing this opportunity

    Seizing opportunity

  • 84

    The refining process in "seizing the opportunity" process is called _______

    Product or service planning and development process

  • 85

    Stages of product or service planning and development

    Idea stage, Concept stage, Product development stage, Test marketing stage

  • 86

    In this stage, the entrepreneur determines what are the feasible products and/or services that will perfectly suit the opportunity.

    Idea stage

  • 87

    Usually, a _________ is conducted by the entrepreneur to assess whether the new product or service ideas will be accepted by the market using values and benefits to consumers as metrics.

    Market evaluation

  • 88

    Once the acceptable product or service has already been identified. In the ______, the developed idea will undergo a consumer acceptance test.

    Concept stage

  • 89

    In this stage, the entrepreneur leverages on the information generated from the prospective customers via the concept stage.

    Product development stage

  • 90

    Actual reactions from prospective customers are determined.

    Product development stage

  • 91

    This stage validates the work done from the first three stages to measure success in the commercialization of the product

    Test marketing stage