WorksheetsEntrepreneurial Innovation
Total questions: 12
Worksheet time: 4mins
What is an entrepreneur?
A person who undertakes the risk of starting a new business venture
Someone with the dream of owning their own business
Someone who is confident in his new bussiness idea
All 3 answer is correct
Which product is an invention?
Choose as many answers as you think it is correct
The Lightbulb
Internet
Netflix
Iphone
Successful innovation is about creating or adding value
True
False
Radical innovation is......
Small improvement
Significant technological change
Change in business model
A significant change in technology and business model
What is creativity?
(Multiple answers)
Innovation is creativity
Driver to create a new product
Generating new ideas
The term business model refers to a company's plan for making a ....
Profit
Product
Marketing
Mind map
What is customer segmentation?
(Multiple Choice)
Customers Relationship
Customers with shared characteristics
Customer Market Research
Customers with same intereste
The Value Proposition is....
solves a customer problem
bundle of benefits that a company offers customers
the reason why customers turn to one company over another
All Three answer is correct
What functions serve the "Chanel" on your Business Model Canvas?
Delivering a New Product/Service
New Business Idea
Customer acquisition
Delivering a Value Proposition to customers
Why is it important to Networking?
Helps exchange Ideas
Helps achieving business goals.
Helps advertise business
Helps meet with potential customers
Trends create a(n) ......... for entrepreneurs
Ideas
Profit
Opportunities
Marketing
Why should we carry out a SWOT?
To help us identify New Ideas
To help us in the evaluations process of new product/service/
business
To help us Understand Innovation Process
To help us analyse profit
