Three out of five new businesses fail within 18 months of starting. Entrepreneurs have an eye for opportunity and are alert to opportunities. Core competencies are crucial for an organization's survival and allow them to coordinate diverse skills and integrate technologies. Strategic architecture provides a roadmap and core capabilities are also important for survival, but do not provide a competitive advantage over other companies in an industry. Entrepreneurship involves various personalities and an appetite for hard work.
Three out of five new businesses fail within 18 months of starting. Entrepreneurs have an eye for opportunity and are alert to opportunities. Core competencies are crucial for an organization's survival and allow them to coordinate diverse skills and integrate technologies. Strategic architecture provides a roadmap and core capabilities are also important for survival, but do not provide a competitive advantage over other companies in an industry. Entrepreneurship involves various personalities and an appetite for hard work.
Three out of five new businesses fail within 18 months of starting. Entrepreneurs have an eye for opportunity and are alert to opportunities. Core competencies are crucial for an organization's survival and allow them to coordinate diverse skills and integrate technologies. Strategic architecture provides a roadmap and core capabilities are also important for survival, but do not provide a competitive advantage over other companies in an industry. Entrepreneurship involves various personalities and an appetite for hard work.
Three out of five new businesses fail within 18 months of starting. Entrepreneurs have an eye for opportunity and are alert to opportunities. Core competencies are crucial for an organization's survival and allow them to coordinate diverse skills and integrate technologies. Strategic architecture provides a roadmap and core capabilities are also important for survival, but do not provide a competitive advantage over other companies in an industry. Entrepreneurship involves various personalities and an appetite for hard work.
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A: Possibilities
Eager for knowledge
A: Inquisitive How many new businesses fail within 18 months of getting started? A: Three out of five Entrepreneurs are always alert to opportunities. A: An eye for opportunity This competencies are the collective learning of the organization, especially how to co-ordinate the diverse production skill and integrate multiple stream of technologies A: core Which of these states the importance of core competencies? A: Both of the given choices are correct Strategic architecture is a A: roadmap Their core competency is said to be content delivery, but they are now venturing into original content creation too. A: Netflix Core capabilities are crucial for this A: survival As an organization, they developed products that are rich in design and user experience. A: Apple Strategic intent provides a basis for__________ the goals of the organization A: stretching The possibilities in entrepreneurship are A: Endless When teaching the entrepreneurial side, which one should you focus on? A: All of the answers correct Entrepreneurs are persistent and strongly believe that working hard will help them attain their goals. A: An appetite for hard work In Entrepreneurship, you may become stressed. Why? A: Both of the given choices are correct The ability to exert interpersonal influence by means of communication towards the achievement of goals A: Leadership Crucial for survival but does not confer any specific differential advantage over other competitors in the industry. A: Core Capabilities An intra company entrepreneur A: Intrapreneur Entrepreneurs most likely have a keen sense of what type of person is needed to fulfill a position. A: Recruiter With entrepreneurial degrees are well suited for mid-level management A: Graduates It will be capable of creating more value if it has identified its core competencies A: company Core competencies play an important role in the process of A: advantage Entrepreneurs have many A: Personalities It is critical to find a balance between prospects and customers to ensure that your future revenue is protected, while still keeping existing customers happy. A: Focusing only on revenue An entrepreneur may decide to offer a new product in a growth area rather than pursuing sales of existing products that have minimum growth potential. A: Growth potential A person whose job or task is to seek financial support for a charity, institution, or other enterprise. A: Fund-raiser Entrepreneurs enable citizens to survive comfortably without too much borrowing A: Self-reliance Just because you can innovate, does not always mean that you should. A: Focusing only on innovation and the competition. The most important advantage of having core competencies is having this. A: Long-term competitive advantage A set of circumstances that makes it possible to do something. A: Opportunity Market Potential will enable you to more accurately assess this. A: All of the answers correct If I had asked people what they wanted, they would have said faster horses. A: Henry Ford Enables you to concentrate on and solve your target market's problems. A: Outside-in approach Customers understand problems, but they cannot help you to move your product forward. A: Focusing only on customers Entrepreneurs do not give in to failure. Rather, they seek out the faults and weakness and then correct them. A: Perseverance The next stage towards developing the core competencies is to leverage the current resources of the organization. A: Strategic Architecture During this phase, it is time to take advantage of the situation and execute all of the great ideas and projections ascertained from the two prior phases. A: Opportunity Realization Critical to determining attractiveness. A: Duration People who have not yet purchased your product but are considering it A: Prospects A source of input, but not the only source of input A: Customers Act as the glue that bind businesses together as well as pave the way for new business development. A: competences Allocates capital with the expectation of a future financial return. A: Investor A situation in which people lie in wait to make a surprise attack A: Trap The activity or condition of competing A: Competition A person who organizes and operates a business or businesses, taking on greater than normal financial risks in order to do so. A: Entrepreneur Latent qualities or abilities that may be developed and lead to future success or usefulness A: Potential It is critical to find a balance between prospects and A: Focus only on revenue Entrepreneurs must demonstrate this characteristic in order to cope with all the risks of operating their own business. A: Self-confidence People who have already purchased your product. A: Exiting Customers Truly think outside the box, stretch the limits, and are combinatorial in non-traditional ways. A: Opportunity Recognizers (NOTE: WAG NINYO ISASAGOT TO SA 3RD QUARTER EXAM PERO TAMA YAN SA WEEK 13 & 15. ANG SAGOT PARA SA QUARTER EXAM AY “ALL OF THE ANSWERS CORRECT”) Entrepreneurs believe in their own ability to control the consequences of their endeavor by influencing their socio-economic environment rather than leave everything to luck. A: Locus of Control Crucial when beginning a new enterprise. A: Opportunity Recognition A situation in which an individual works for himself instead of working for an employer that pays a salary or a wage. A: Self-employed Which of these is part of your market? A: All of the answers correct A certain amount of risk is involved in all entrepreneurial ventures, and growth is no different. A: Risk and rewards A new method, idea, product A: Innovation The entire size of the market for a product at a specific time. A: Market Potential The process of developing core competencies starts with this thought of being a leader in the market. A: Strategic Intent The income that a business has from its normal business activities, usually from the sale of goods and services to customers. A: Revenue