ENTREPRENEURIAL PLANNING
BUSINESS PLAN DEVELOPMENT
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which type of company only spends money when absolutely necessary?
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Efficient Startup
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Thin Startup
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Lean Startup
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Low Startup
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Explanation:
Detailed explanation-1: -Experimentation and learning over long-term business planning. Customer feedback over the business owner’s intuition. Short, iterative product development cycles over long-term projects. 17-Apr-2020
Detailed explanation-2: -#1 – Entrepreneurs are Everywhere. #2 – Entrepreneurship is Management. #3 – Validated Learning. #4 – Innovation Accounting. #5 – Build-Measure-Learn. Example #1. Example #2.
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