Question: Key Resources in the business model canvas does NOT include: Physical resources; Intellectual resources; Human resource; Entrepreneurial mentality. The strategies of a Lean LaunchPad do

Key Resources in the business model canvas does NOT include:

Physical resources;

Intellectual resources;

Human resource;

Entrepreneurial mentality.

The strategies of a Lean LaunchPad do NOT include:

Never failing;

Finding a scalable business model;

Getting out of the building to validate the job-to-be-done;

No business plan survives first contact with customers.

After the 1980's, the Silicon Valley moved ahead to become the unchallenged global leader in high technology because of:

Decentralized but cooperative industrial system;

Entrepreneur heroes;

Geographical location;

Dominated by independent, self-sufficient corporations.

This is the strategy of established incumbents who do NOT give up the opportunity to new entrants:

They are too focused on improving their products and services for their most demanding customers.

They create a separate division that operates under the protection of senior leadership to explore and exploit a new disruptive model.

They chase higher profitability in more-demanding segments, tending not to respond vigorously to entrants low-price strategy.

Sustaining innovations enable them to sell more products to their most profitable customers.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!