BITM 215 EXAM QUESTIONS AND ANSWERS LATEST UPDATE A+
GRADED
How many people can access Blackstone LaunchPad?
over 630K students globally
Who can use LaunchPad?
Students, staff, alumni
What is LaunchPad?
a campus based entrepreneurship program
Small businesses make up how much of the private economy?
46%
what % of total # of businesses are small businesses?
99%
small businesses create ___ in 10 new jobs
6
from 1996 to 2013, what has been the % change of new entrepreneurs aged 20 to
34?
35% to 23%
When is the first cut shark tank pitch for the UA business plan competition?
11/11
Written components of your Fall assignment?
Executive summary (p/f), draft business plan (p/f), final business plan
Other components of fall assigment?
Register with the launch pad
attend one coaching session (schedule through VentureBoard)
Enter your business ventrue on the VentureBoard under your Profile/StartUp
What % of your grade is the Project?
20%
What 2 criteria do we use to prioritize valuable customer target markets?
1) demand and competition
2)Margin and production
Being competitive
Meeting needs of your customer better than the competition
Staying competitive
Learning new tricks sooner and better than your competion
Ships
Market creating innovators
Focused on finding and creating new business
investigate adjacent markets, look at customer AND non-customer needs, understand
implications of emerging technology
Castles
GRADED
How many people can access Blackstone LaunchPad?
over 630K students globally
Who can use LaunchPad?
Students, staff, alumni
What is LaunchPad?
a campus based entrepreneurship program
Small businesses make up how much of the private economy?
46%
what % of total # of businesses are small businesses?
99%
small businesses create ___ in 10 new jobs
6
from 1996 to 2013, what has been the % change of new entrepreneurs aged 20 to
34?
35% to 23%
When is the first cut shark tank pitch for the UA business plan competition?
11/11
Written components of your Fall assignment?
Executive summary (p/f), draft business plan (p/f), final business plan
Other components of fall assigment?
Register with the launch pad
attend one coaching session (schedule through VentureBoard)
Enter your business ventrue on the VentureBoard under your Profile/StartUp
What % of your grade is the Project?
20%
What 2 criteria do we use to prioritize valuable customer target markets?
1) demand and competition
2)Margin and production
Being competitive
Meeting needs of your customer better than the competition
Staying competitive
Learning new tricks sooner and better than your competion
Ships
Market creating innovators
Focused on finding and creating new business
investigate adjacent markets, look at customer AND non-customer needs, understand
implications of emerging technology
Castles
