Enfb 4170 exam 2 - Study guides, Class notes & Summaries

ENFB 4170 Exam 1 Questions and Answers 100% Pass What are the four steps to the *entrepreneurial strategy*? think big, start small, fail quickly, and grow fast What are the 3 advantages to *thinking big* 1. get investors attention 2. get a greater return 3. make it easy to inspire people/recruit What are the 4 advantages to *starting small* 1. minimizes losses from failures 2. raise smaller amount of money, meaning less dilution of ownership 3. less time to raise less amount of $ 4. easier to ...

entrepreneurial strategy - ANSWERS1. think big 2. start small 3. fall quickly 4. grow fast start small - ANSWERSminimizes the losses from failure raise small amount of money less time to raise lower amount of money easier to measure results fail quickly - ANSWERSsave time saves money gets us to the right answer faster grow fast - ANSWERSwindow of opportunity closes fast get to break even faster get to profit faster supervision - ANSWERShire people recruit train...

What is lean start-up? - ANSWERSApplication of lean manufacturing thinking to innovation Where did lean startup originate? When was it fine tuned? Who is a good example of lean startups now a days? - ANSWERS1. came from Japanese car manufacturing 2. They fine-tuned it in the 60s-70s and then destroyed the American cars later on 3. Koreans are now doing this to the Japanese Entrepreneurship is a kind of ___________________________. - ANSWERSManagement Can entrepreneurship be taught? - ...

entrepreneurial strategy - ANSWERS1. think big 2. start small 3. fall quickly 4. grow fast start small - ANSWERSminimizes the losses from failure raise small amount of money less time to raise lower amount of money easier to measure results fail quickly - ANSWERSsave time saves money gets us to the right answer faster grow fast - ANSWERSwindow of opportunity closes fast get to break even faster get to profit faster

ENFB 4170 exam 3 Exam 2023 Questions and Answers (Verified Answers) 1. E-Commerce/ digital marketing is dominant right now: B to C 2. Driving traffic to your website: google 67% matters more than anyone else 3. paid search/pay per click: advertising charge per click 4. average cost for advertising: .53 5. keyword: can be one word phrase or several words 6. how often can you change your bid: change as often as you want 7. cost per sale: cost per click/ conversion rate 8. you want to driv...

ENFB 4170 Test 2 Exam 2023 Questions and Answers (Verified Answers) 1. Time Management: -Prioritize (most important to least important) -Always have uncompleted task at the end of the day -Delegate (when uncompleted task are harming the company) -Have a calender (you can control your calender) -Don't interrupt current tasks -Handle mail/email only once -Manage meetings well -eat breakfast 2. When should you change your calendar?: Only when something more important comes up (will have ...

ENFB 4170 Exam 1 2023 Questions and Answers (Verified Answers) 1. What are the four steps to the *entrepreneurial strategy*?: think big, start small, fail quickly, and grow fast 2. What are the 3 advantages to *thinking big*: 1. get investors attention 2. get a greater return 3. make it easy to inspire people/recruit 3. What are the 4 advantages to *starting small*: 1. minimizes losses from failures 2. raise smaller amount of money, meaning less dilution of ownership 3. less time to rai...

ENFB 4170 Exam 1 | 40 Questions with 100% Correct Answers | Updated 2023 What are the four steps to the *entrepreneurial strategy*? - think big, start small, fail quickly, and grow fast What are the 3 advantages to *thinking big* - 1. get investors attention 2. get a greater return 3. make it easy to inspire people/recruit What are the 4 advantages to *starting small* - 1. minimizes losses from failures 2. raise smaller amount of money, meaning less dilution of ownership 3. less...