Start-up Entrepreneurship. Exam Questions and Answers

What is an elevator pitch?
- A short summary of you and your companies business idea
What is the riskiest assumption in idea validation?
- Your main selling point of a product and if it solves your customers needs
Value proposition in the business model canvas consist of
- Which customer needs are we satisfying?
- What bundles of products and services are we offering to each customer segment?
- What value we deliver to the customer?
- Which one of our customers problems are we trying to solve?
What is cost to duplicate in a company valuation method?
- The cost to build up a company to its current stage
A business idea validated in your home market will work the same everywhere.
- False
Which is NOT included in startup phase stage
- Customer discovery - Customer validation
What characterizes a start-up?
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