ENT 3613 Module 12
The sociologist Robert Putman is famous for documenting the decline in civic culture and the rise in loneliness experienced by Americans in his book titled
"Bowling Alone."
Which of the following is NOT available to undergraduate students at UCF?
A 36-credit Major in Entrepreneurship
Which of the following best characterizes the outcome of your efforts in class this semester?
A creative (novel & valuable) solution
Students seeking help with their creative ideas and venture proposals can get help from campus coaches and community mentors at the
Blackstone LaunchPad & Techstars Entrepreneurship Network.
What do you have to do in order to create value from the value proposition you've developed this semester?
Deliver your solution and earn profits that allow you to sustain success
The next course you might consider taking if you'd like to develop a startup proposal capable of delivering your value proposition proposal is
ENT 4013 - New Venture Design
Having an appreciation for the value of learning by "trial and error" is most directly related to which foundational aspect of design thinking?
Experimentation
Which of the following is NOT a primary research strategy entrepreneurs use to reduce uncertainty when the GOTB (get out of their building)?
Journaling
What element of a narrative structure explains the conflicts and trails that characters face as they pursue their goals?
Rising Action
When using a canvas to tell your story, where on the canvas should you begin?
Value proposition
Where can you get the answers to all of your questions about entrepreneurship resources and opportunities available to UCF students?
cel.ucf.edu
Creating something new inevitably entails destroying something old. Consequently, it is important to keep in mind that
conserving the status quo and creating change are always in tension
If a particular problem affects people every day, an entrepreneur could characterize that problem as
frequent.
Frustrations result from
gaps between current and desired experiences.
The evolutionary perspective we have taken throughout the semester is useful for understanding
how you are shaped by and can change your environment.
If a particular problem hurts customers a lot, thereby imposing considerable frustration, an entrepreneur could characterize that problem as
important
Although they represent a relatively small proportion of new companies, most venture capital and a substantial proportion of job creation can be attributed to
innovation-driven enterprise.
Many restaurants turned to delivery services like Grub Hub and Door Dash during the pandemic as a means of changing their business models so they could remain profitable. With respect to business model design, which of the following best describes the role played by these delivery services?
key partners
Understanding the character of problems and gaining empathy for people are critical factors for helping you inform your judgment about
market risk
Failures resulting from deviance, inattention, or lack of ability performing routine (high certainty) tasks are considered
preventable failures.
One can think of opportunities existing where an entrepreneur's judgment finds an overlap among
problems, people, and painkillers.
The various methods that a business model proposes to earn income refers to
revenue streams
Nascent entrepreneurs who work on startup ideas while they remain employed in wage-earning jobs are often described as
straddling.
Determining whether you can create a better solution relative to the current alternatives that are out there for addressing a particular problem or need, is necessary for informing your judgment about
technology risk.
According to the important new book "Upswing" by sociologist Robert Putnam, the decline in our national well-being is closely aligned with
the use of individualistic language in books.
As a farewell offering to each of you, Dr. Ford provided an inspirational quote from Ralph Waldo Emerson suggesting that the purpose of life is not to be happy, but to be
useful so you gain a sense of purpose and meaning.
Considering a business model's revenue streams and cost structure helps to determine its
viability.
The importance of the new book "Upswing" by sociologist Robert Putnam is that is makes a strong case that
we can make things better by embracing a more collective mindset similar to what emerged from 1900-70.
