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WorksheetsScalability and Commercialization
Total questions: 15
Worksheet time: 8mins
Growth is better than scalability
True
False
Scalability refers to the scenario in which profits increase more than the costs
True
False
Scalability can be achieved by....
Automating
Communicating
Collaborating
Employee Recognition
All the above
There will be definitely a extremely tough phase before the business scales up
True
False
Growing your business should be the priority rather than scaling it up....
True
False
All aspects of the idea should be scalable, only then an idea can be considered to be worthy
True
False
If a product is scalable but its market can't be scaled....then such idea should be....?
Idea should be dropped
Idea can be considered though market expansion is not possible
Commercialization is all about ensuring revenue generation and profit making while we implement the business idea.
Agree
Disagree
Strategic Concepts include....
Positioning
Targeting
Timing
Alliances
All the above
How many concepts form the CoI Model
4
7
8
5
Common errors are committed by entrepreneurs while commercialization...
Agree
Disagree
Ignoring market reach can be very costly for a business
Agree
Disagree
Which of the following is/are true ?
Product Definition is helpful in getting funding
Product Definition makes commercialization possible
Both are true
Both are fasle
When is the right time to work on commercial viability of the business idea?
Initial stage
Prototype stage
Testing stage
Launch stage
scalability and commercialization should always be considered along with sustainability....
True
False
