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Technopreneurship Crossword
Down
:
1) began with the flawed assumption that it was not going to be held accountable for copyright violations on the MP3 files that its users swapped and downloaded.
2) By monetizing its offering
3) Most services are delivered direct to the customers, but products often go through channel intermediaries
5) the entrepreneur offers at startup is really a solution to the problem the customer is facing
6) By meeting an unserved need in the market
9) began with the flawed assumption that it was not going to be held accountable for copyright violations on the MP3 files that its users swapped and downloaded.
11) At startup, it’s normal to focus on the lead product or service, but even at launch
13) that the customer derives from the product or service the entrepreneur is offering
Across
:
2) the value for the customer
4) is a concise description of an opportunity that contains four essential elements
7) The time it takes to ride an elevator up to the twelfth floor of a building to get an investor interested in the entrepreneur’s business concept
8) A poor assumption about the value created by a new venture will mean that there are no customers to pay for that value
10) When entrepreneurs assume situations and conditions that do not currently exist, they face huge challenges in their ability to execute the model
12) The strategic choices that a business model addresses should reflect both the value creation and the value capture process
14) Entrepreneurs often assume that the value chain for their product or service is static
15) An entrepreneur with a new medical device that can save patient’s lives is not collecting revenue from the patient but rather the health care provider or an insurance company whose mission is to contain costs
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