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SOLVED ASSIGNMENTS NMIMS DEC 2021 - Entrepreneurs have built successful companies by being able to exploit unmet needs in the market.” Considering the situation, describe the competencies

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Start up your Startup

1. “Entrepreneurs have built successful companies by being able to exploit unmet needs in the market.” Considering the situation, describe the competencies that will be needed by entrepreneurs for starting a startup in today’s era? (10 Marks)

2. "Many of the successful companies that we see today had their humble beginnings as a bootstrapped enterprise. Examples of these include: Dell Computers (DELL), Facebook Inc. (FB), Apple Inc. (AAPL), Clorox Co. (CLX), Coca Cola Co. (KO), etc.” If they can do, so can you. Identify the different types of bootstrapping strategies/ideas that an entrepreneur can map? (10 Marks)
3. Your work is going to fill a large part of your life, and the only way to be truly satisfied is to do what you believe is great work. And the only way to do great work is to love what you do.
–Steve Jobs, Co-Founder, Chairman and CEO, Apple

a. From the viewpoint of the entrepreneur, describe different methods of generating/sources the new ideas for an innovative business? (5 Marks)

b. In starting your start up, it is absolutely important to possess funds for doing the business, Considering the fact enlist the different sources of capital for startup’s that would act as source for the funds? (5 Marks)

For Nmims Dec 2021 answersheets contact
[email protected]
+91 95030-94040

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Added On: 11 Oct, 2021


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