Entrepreneurial Skills For The Workplace Flashcards

1
Q

A corporate employee who developed new enterprises writhing the corporation is know as what?

A

Intrapreneurially

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2
Q

How many building blocks are in the business model canvas?

A

9

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3
Q

The 9 building blocks of the business model canvas are?

A
Customer segments
Value Proposition
Channels
Customer relationships
Revenue streams
Key resources
Key activities
Key partners
Cost structure
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4
Q

What is the group of people that the business was created for?

A

customer segments

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5
Q

What is considered the solution to a problem or the thing that makes a business different from the competition?

A

Value proposition.

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6
Q

How do you reach your customers to deliver your value proposition?

A

Channels

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7
Q

A transnational type of relationship that each of our customer segments expects us to establish is an example of what?

A

Customer Relationships

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8
Q

What a customer pays for your product or service is what?

A

Revenue stream

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9
Q

What are the operational areas of the business model canvas?

A

Key resources
Key activities
Key partners
Cost structure

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10
Q

The items that it takes to operate the business are know as

A

Key resources

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11
Q

What are key activities?

A

The most important activities that a business does in order to create and deliver the product or service
Example: bakery bakes cakes

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12
Q

Who are known as key partners in a business model canvas?

A

Outside people or businesses that help operation.

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13
Q

The cost structure?

A

The costs involved in operating a business.

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14
Q

The groups of people that the business was created for?

A

Customer Segments

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15
Q

The bundle of products and services that a business offers for sale, the thing that makes a business different from the competition.

A

Value Proposition

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16
Q

How you reach your customers to deliver your value proposition, how you reach them to deliver a message about what your value proposition is?

17
Q

The type of relationship that each of our customer segments expect us to establish and maintain with them, example: transactional

A

Customer relationships

18
Q

What customers pay for a good or service

19
Q

The item it takes to operate the business? Example: Machines, computers, money, personnel and vehicles

A

Key resources

20
Q

The most important activities that a business does in order to create and deliver the product or service outlines in the value propositions?

A

Key Activities

21
Q

The most important outside people and businesses that help you operate. Example: supplies, accountant

A

Key Partners

22
Q

The costs involved in operating the business?

A

Cost structure

23
Q

A way to evaluate particular customer segment and is made up of three components, gains, pains and customer jobs?

A

Customer profile

24
Q

A way to test your value proposition and is made up for three components: Products and services, gain creators, and pain relievers?

25
The goal of the value map and value propositions canvas is to achieve?
Fit
26
The customer development process begins with?
Building hypotheses or assumptions
27
When asking your proposed customer segment it is important to?
Ask open ended questions and not state what your product or service is.
28
What is the purpose of the build-measure-learn-feedback loop?
To learn and iterate to meet the customers needs.
29
The entire set of tools from the value map to the customer development model is part of what?
Lean start up process