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Process Model Answers Flashcards

(60 cards)

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1
Q

1-3 year budget projections

A

Finance Development

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2
Q

Assemble the team

A

Strategy Development

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3
Q

Assess current capacity of team

A

Strategy Development

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4
Q

Belief and behaviors

A

Opportunity Assessment

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5
Q

Can they be overcome?

A

Competative Assessment

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6
Q

Can we make a profit?

A

Opportunity Assessment

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7
Q

Commonalitites

A

Competative Assessment

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8
Q

Company structure

A

Implementation/Launch

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9
Q

Competitors strategy?

A

Competative Assessment

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10
Q

Conduct initial risk assessments

A

Strategy Development

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11
Q

Consumer profiles

A

Market Research

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12
Q

Connect systems development to strategy and risk plans

A

Technical Development

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13
Q

Customer values

A

Market Research

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14
Q

Cost Analysis - start-up, monthly

A

Finance Development

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15
Q

Do we have resources?

A

Opportunity Assessment

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16
Q

Determine strategic elements: image, commitment, organization, approach, performance, price, experience, & past experience

A

Strategy Development

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17
Q

Does it accomplish what it set out to do?

A

Web Review

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18
Q

Does it match the company’s stategic business plan?

A

Opportunity Assessment

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19
Q

Ease of use, speed, purpose

A

Web Review

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20
Q

Equity and/or debt funding

A

Finance Development

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21
Q

Exit Opportunities - as strategy determines or as opportunities present themselves

A

On-going Innovation

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22
Q

Feedback from consumers

A

Web Review

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23
Q

Follow-up, make improvements

A

Web Review

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24
Q

Full financed debt or equity

A

Finance Development

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25
How will it be managed? Updated?
Technical Development
26
Idea and concept development
Opportunity Assessment
27
Identify all risk elements
Risk Assessment
28
Is the opportunity real?
Opportunity Assessment
29
Is the technical infrastructure avaliable?
Technical Development
30
Limited or minimum capital
Finance Development
31
Legal environment
Implementation/Launch
32
Market size
Market Research
33
Market Strategy
Market Research
34
Marketing
Market Research
35
Match people's strengths with tasks
Strategy Development
36
Minimize financial risks
Finance Development
37
Mimimize overall risk to everyone involved
Risk Assessment
38
Out with the old and in with the new
On-going Innovation
39
Preferred user experience
Web Review
40
Preliminary assessments all categories
Opportunity Assessment
41
Reality testing
Opportunity Assessment
42
Reduce risk elements to low
Risk Assessment
43
Return on investment
Finance Development
44
Revenue projections
Finance Development
45
Review as a user
Web Review
46
Short term, long term, and start-up strategy
Strategy Development
47
Superior technology
Technical Development
48
Sweat equity
Finance Development
49
Systems development process
Technical Development
50
Unique features
Technical Development
51
What are the physical infrastructure needs?
Technical Development
52
What are their strengths?
Competative Assessment
53
What are their weaknesses?
Competative Assessment
54
What specific product or service?
Market Research
55
What technology will be used?
Technical Development
56
Who are the competitors?
Competative Assessment
57
Work the plan into place with the process
Implementation/Launch
58
Your competitive advantages
Competative Assessment
59
Your strengths and weaknesses?
Competative Assessment
60
Zero or no debt
Finance Development

Ecommerce (3 decks)

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