MBA

Question 1

What is mental models?

Answer 1

Concepts that represents the understanding lf how something in the world works

Question 2

What are the following?
1. Starting a business is risky
2. Knowledge is important in order to use connections correctly
3. Making a plan is necessary but there will always be surprises
4. In order to create a business you need a plan

Answer 2

1. Inaccurate mental model
2. Accurate mental model
3. Accurate mental model
4. Inaccurate mental model

Question 3

What is important to make a successful business?

Answer 3

Make something of value, make someone’s life better or easier.