ENTP 3301 Final Exam Questions With Correct
Answers
Level |of |Analysis |- |CORRECT |ANSWER✔✔-Industry, |not |particular |firm
Entrepreneur |Focus |- |CORRECT |ANSWER✔✔-Not |on |finding |the |most |attractive |industry, |but |
on |finding |one |you |can |solve |a |important |problem
Porter's |Five |Forces |- |CORRECT |ANSWER✔✔-Entry, |Rivalry, |Substitutes |threat
Supplier, |Buyer |power
Co-opetition |- |CORRECT |ANSWER✔✔-(Cooperation |+ |Competition) |name |of |the |game |in |many
|industries
Valley |of |Death |- |CORRECT |ANSWER✔✔-Start-ups |area |race |against |insolvency; |must |break |
even |before |going |broke
Capital |- |CORRECT |ANSWER✔✔-Up-front |cash |every |start |up |requires
Gross |Profit |- |CORRECT |ANSWER✔✔-Revenue |- |Cost |of |Good |Sales |(COGS)
Net |Income |- |CORRECT |ANSWER✔✔-Gross |Profit |- |Operating |Expenses
TAM, |SAM, |SOM |- |CORRECT |ANSWER✔✔-Total |Addressable |Market, |Serviceable |Available |
Market, |Serviceable |Obtainable |Market
Answers
Level |of |Analysis |- |CORRECT |ANSWER✔✔-Industry, |not |particular |firm
Entrepreneur |Focus |- |CORRECT |ANSWER✔✔-Not |on |finding |the |most |attractive |industry, |but |
on |finding |one |you |can |solve |a |important |problem
Porter's |Five |Forces |- |CORRECT |ANSWER✔✔-Entry, |Rivalry, |Substitutes |threat
Supplier, |Buyer |power
Co-opetition |- |CORRECT |ANSWER✔✔-(Cooperation |+ |Competition) |name |of |the |game |in |many
|industries
Valley |of |Death |- |CORRECT |ANSWER✔✔-Start-ups |area |race |against |insolvency; |must |break |
even |before |going |broke
Capital |- |CORRECT |ANSWER✔✔-Up-front |cash |every |start |up |requires
Gross |Profit |- |CORRECT |ANSWER✔✔-Revenue |- |Cost |of |Good |Sales |(COGS)
Net |Income |- |CORRECT |ANSWER✔✔-Gross |Profit |- |Operating |Expenses
TAM, |SAM, |SOM |- |CORRECT |ANSWER✔✔-Total |Addressable |Market, |Serviceable |Available |
Market, |Serviceable |Obtainable |Market
