Entrepreneurship & Venture Capital at Humboldt-Universität Zu Berlin | Flashcards & Summaries

Select your language

Suggested languages for you:
Log In Start studying!

Lernmaterialien für Entrepreneurship & Venture Capital an der Humboldt-Universität zu Berlin

Greife auf kostenlose Karteikarten, Zusammenfassungen, Übungsaufgaben und Altklausuren für deinen Entrepreneurship & Venture Capital Kurs an der Humboldt-Universität zu Berlin zu.

TESTE DEIN WISSEN

What are the key ingredients of an entrepreneur?


Lösung anzeigen
TESTE DEIN WISSEN

Ownership, Vision, Risk taking (Risk acceptable losses), Independence, Responsibility 


Lösung ausblenden
TESTE DEIN WISSEN

What identifies a company? 


Lösung anzeigen
TESTE DEIN WISSEN

Organisation and Product.


Lösung ausblenden
TESTE DEIN WISSEN

What does it mean to break the rules correctly?


Lösung anzeigen
TESTE DEIN WISSEN

Thinking outside the box. Break rules when you understand the systems that created those rules—and then, with careful thought and steely resolve, bend that system to our will.

Individuality, Improvisational skills, unpredictability and an open mind. 

Examples: Uber, AirBnB


Lösung ausblenden
TESTE DEIN WISSEN

What is a CSF? (Example: RyanAir)


Lösung anzeigen
TESTE DEIN WISSEN

It is a critical factor or activity required for ensuring the success of a company or an organization.


Example: RyanAir: Prices, No Frills Policy, Low operating Costs, Point-to-Point Model



Lösung ausblenden
TESTE DEIN WISSEN

What is the Competitive Advantage?


Lösung anzeigen
TESTE DEIN WISSEN

The ability gained through attributes and resources to perform at a higher level than others in the same industry or market (Christensen and Fahey 1984, Kay 1994)

With a slight approximation we can say that a CA is one CSF the company excels at.

This is where the organisation must outperform competition.


Lösung ausblenden
TESTE DEIN WISSEN

Why are the Competitive Advantage and the CSFs „mental boxes“?


Lösung anzeigen
TESTE DEIN WISSEN

They are frameworks in which we understand a business. Sometimes these boxes need to be changed, thrown out or replaced. By thinking outside a box you need to find a new box in which you can adapt and comprehend.


Lösung ausblenden
TESTE DEIN WISSEN

How did Kodak fuck themselves?


Lösung anzeigen
TESTE DEIN WISSEN

Kodak management’s inability to see digital photography as a disruptive technology.


Lösung ausblenden
TESTE DEIN WISSEN

What is the blue ocean strategy?


Lösung anzeigen
TESTE DEIN WISSEN

Searching for a new market where rules are waiting to be set and there a few to none competitors.  Demand is created rather than fought over and therefore it is a way of growing fast and rapid.


Lösung ausblenden
TESTE DEIN WISSEN

What defines a business model?


Lösung anzeigen
TESTE DEIN WISSEN
  • Feasibility: Key Partnerships, Key Activities, Key Resources, Value Proposition 
  • Desirability: Customer Segments, Customer Relationships, Channels, Value Propostion
  • Viability: Costs and Revenues
Lösung ausblenden
TESTE DEIN WISSEN

Why should a company focus on functions instead of solutions?


Lösung anzeigen
TESTE DEIN WISSEN

Solutions change, Functions stay. For example smoke signals and smartphones both serve the function of making communication possible, while they are different solutions. So do not think how do I build the best smartphone - think how do I help people to communicate.


Example: Kodak Cameras being replaced by iPhones 


Lösung ausblenden
TESTE DEIN WISSEN

What does feasibility, mean when talking about a business model?


Lösung anzeigen
TESTE DEIN WISSEN

It refers to the assumptions of the infrastructure of your BM. If these are wrong you might risk poor execution.


Lösung ausblenden
TESTE DEIN WISSEN

What does viability mean in a business model?


Lösung anzeigen
TESTE DEIN WISSEN

Is your business model built s.t. you earn more than you spend?


Lösung ausblenden
  • 164741 Karteikarten
  • 3081 Studierende
  • 72 Lernmaterialien

Beispielhafte Karteikarten für deinen Entrepreneurship & Venture Capital Kurs an der Humboldt-Universität zu Berlin - von Kommilitonen auf StudySmarter erstellt!

Q:

What are the key ingredients of an entrepreneur?


A:

Ownership, Vision, Risk taking (Risk acceptable losses), Independence, Responsibility 


Q:

What identifies a company? 


A:

Organisation and Product.


Q:

What does it mean to break the rules correctly?


A:

Thinking outside the box. Break rules when you understand the systems that created those rules—and then, with careful thought and steely resolve, bend that system to our will.

Individuality, Improvisational skills, unpredictability and an open mind. 

Examples: Uber, AirBnB


Q:

What is a CSF? (Example: RyanAir)


A:

It is a critical factor or activity required for ensuring the success of a company or an organization.


Example: RyanAir: Prices, No Frills Policy, Low operating Costs, Point-to-Point Model



Q:

What is the Competitive Advantage?


A:

The ability gained through attributes and resources to perform at a higher level than others in the same industry or market (Christensen and Fahey 1984, Kay 1994)

With a slight approximation we can say that a CA is one CSF the company excels at.

This is where the organisation must outperform competition.


Mehr Karteikarten anzeigen
Q:

Why are the Competitive Advantage and the CSFs „mental boxes“?


A:

They are frameworks in which we understand a business. Sometimes these boxes need to be changed, thrown out or replaced. By thinking outside a box you need to find a new box in which you can adapt and comprehend.


Q:

How did Kodak fuck themselves?


A:

Kodak management’s inability to see digital photography as a disruptive technology.


Q:

What is the blue ocean strategy?


A:

Searching for a new market where rules are waiting to be set and there a few to none competitors.  Demand is created rather than fought over and therefore it is a way of growing fast and rapid.


Q:

What defines a business model?


A:
  • Feasibility: Key Partnerships, Key Activities, Key Resources, Value Proposition 
  • Desirability: Customer Segments, Customer Relationships, Channels, Value Propostion
  • Viability: Costs and Revenues
Q:

Why should a company focus on functions instead of solutions?


A:

Solutions change, Functions stay. For example smoke signals and smartphones both serve the function of making communication possible, while they are different solutions. So do not think how do I build the best smartphone - think how do I help people to communicate.


Example: Kodak Cameras being replaced by iPhones 


Q:

What does feasibility, mean when talking about a business model?


A:

It refers to the assumptions of the infrastructure of your BM. If these are wrong you might risk poor execution.


Q:

What does viability mean in a business model?


A:

Is your business model built s.t. you earn more than you spend?


Entrepreneurship & Venture Capital

Erstelle und finde Lernmaterialien auf StudySmarter.

Greife kostenlos auf tausende geteilte Karteikarten, Zusammenfassungen, Altklausuren und mehr zu.

Jetzt loslegen

Das sind die beliebtesten StudySmarter Kurse für deinen Studiengang Entrepreneurship & Venture Capital an der Humboldt-Universität zu Berlin

Für deinen Studiengang Entrepreneurship & Venture Capital an der Humboldt-Universität zu Berlin gibt es bereits viele Kurse, die von deinen Kommilitonen auf StudySmarter erstellt wurden. Karteikarten, Zusammenfassungen, Altklausuren, Übungsaufgaben und mehr warten auf dich!

Das sind die beliebtesten Entrepreneurship & Venture Capital Kurse im gesamten StudySmarter Universum

Entrepreneurship & New Ventures

Duale Hochschule Baden-Württemberg

Zum Kurs
Digital Entrepreneurship

Universität Duisburg-Essen

Zum Kurs
Digital Entrepreneurship

Universität des Saarlandes

Zum Kurs
Digital Entrepreneurship

Technische Hochschule Ingolstadt

Zum Kurs

Die all-in-one Lernapp für Studierende

Greife auf Millionen geteilter Lernmaterialien der StudySmarter Community zu
Kostenlos anmelden Entrepreneurship & Venture Capital
Erstelle Karteikarten und Zusammenfassungen mit den StudySmarter Tools
Kostenlos loslegen Entrepreneurship & Venture Capital