Unit 2: Lesson 1 Flashcards

1
Q

-written description of the business. That you will establish in the future

-guides the entrepreneur on which strategies would be most beneficial

-“birds eye view”

-2 to 3 pages

-written before or during the first few years of the enterprise

A

Business Plan

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2
Q

3 factors of a business plan

A

Realistic

Specific

Followed Through

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3
Q

Method to identify/ determine what a client needs from a product

A

Identifying Customer Needs

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4
Q

Steps in identifying Customer Needs

A

1.) gather raw data

2.) interpreting data

3.) organizing data

4.) reflect the process

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5
Q

___ Technique (made by ______, 1980s). Having several quality checks when Organizing Data

A

Kano Technique, made by Noriaki Kano, 1980s

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6
Q

Kinds of quality:

___

___

___ : product qualities assumed to be met

___ : neither sensible nor dangerous

___ : either satisfaction or discontentment

A

Attractive quality

One-dimensional quality

Must-be quality

Indifferent quality

Reverse quality

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