27.9 - Challenges in Entrepreneurship and Innovation
Enroll to start learning
You’ve not yet enrolled in this course. Please enroll for free to listen to audio lessons, classroom podcasts and take practice test.
Practice Questions
Test your understanding with targeted questions
What is one common reason for startup failures?
💡 Hint: Think about how startups align their offerings with market needs.
What does the acronym RAMP stand for?
💡 Hint: It relates to managing risks.
4 more questions available
Interactive Quizzes
Quick quizzes to reinforce your learning
What is a primary reason startups experience high failure rates?
💡 Hint: Consider how closely a startup's offerings align with what customers want.
True or False: All startups succeed in the long run.
💡 Hint: Think about common startup struggles.
1 more question available
Challenge Problems
Push your limits with advanced challenges
Consider a startup in the AI industry that failed within the first year. Identify three potential reasons for its failure and propose strategies to address these challenges.
💡 Hint: Focus on the fundamental challenges faced by startups in competitive fields.
Imagine you are tasked with launching a new tech product. Develop a risk management plan that addresses funding, team building, and market competition for the first year.
💡 Hint: Consider various aspects of business operations for a holistic plan.
Get performance evaluation
Reference links
Supplementary resources to enhance your learning experience.