Entrepreneurial Innovation Final Questions Paper
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Entrepreneurial Innovation Final Questions Paper
What is innovation?
(bringing ideas into reality) What is entrepreneurship? How did the class change your perspectives on these two definitions? Regarding your business you worked on in class, would you continue to work on it and bring it to reality? Why or why not?
(yes, I’ll with the help of mentor as there is not any proper platform or medium for guises to connect with travelers and vice versa) As you look back through the stage gate work, at what stage should your business have spent more time answering questions?
Stage 0, Gate 1 Problem identification -can’t ignore the customer’s needs, -identifying who is facing the actual pain (must have to think from customer’s perspective) What did you learn from this course that you will apply to your work or personal life?
As far as your startup idea, where did you need more support?
Firstly, with finance
Building app
What insights regarding the role of business and innovation did you gain from following the stage gate development process?
This is the part of stage gate development
Stage 3 – Development
Provide the following:
- Product Description
- Place or Distribution Plan
- Promotion and Sales Plan
- Price Strategy
- Financial Assessment
- Pro Forma Budget
- Income Statement
- Balance Sheet
- Capital Requirements
- Desired Sources of Capital
What is the most important “take away” that you gained from work in this class? Now that you understand about the importance of innovation in changing business and meeting customer needs, what recommendations would you have for business leaders?
Think about the content of this course and future students. What would you tell them about this class? How would you prepare them for the experience?
What grade should you get in this class? Why?
Finally, please look back at Hamel’s five elements of stewardship. How did those enter your work in your groups? What things are harder to see and work on? Why?
You all wrote on these early in the course. Looking back at what you wrote, which area is a place where you excel? And which area needs work? Explain.
RUBRIC
Excellent Quality
95-100%
Introduction 45-41 points
The background and significance of the problem and a clear statement of the research purpose is provided. The search history is mentioned.
Literature Support
91-84 points
The background and significance of the problem and a clear statement of the research purpose is provided. The search history is mentioned.
Methodology
58-53 points
Content is well-organized with headings for each slide and bulleted lists to group related material as needed. Use of font, color, graphics, effects, etc. to enhance readability and presentation content is excellent. Length requirements of 10 slides/pages or less is met.
Average Score
50-85%
40-38 points
More depth/detail for the background and significance is needed, or the research detail is not clear. No search history information is provided.
83-76 points
Review of relevant theoretical literature is evident, but there is little integration of studies into concepts related to problem. Review is partially focused and organized. Supporting and opposing research are included. Summary of information presented is included. Conclusion may not contain a biblical integration.
52-49 points
Content is somewhat organized, but no structure is apparent. The use of font, color, graphics, effects, etc. is occasionally detracting to the presentation content. Length requirements may not be met.
Poor Quality
0-45%
37-1 points
The background and/or significance are missing. No search history information is provided.
75-1 points
Review of relevant theoretical literature is evident, but there is no integration of studies into concepts related to problem. Review is partially focused and organized. Supporting and opposing research are not included in the summary of information presented. Conclusion does not contain a biblical integration.
48-1 points
There is no clear or logical organizational structure. No logical sequence is apparent. The use of font, color, graphics, effects etc. is often detracting to the presentation content. Length requirements may not be met
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