Week 2 Business

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Across
  1. 1. / 'all the smart people in our field work for us, we are the best'
  2. 4. / what is the problem?
  3. 5. / innovation that changes a good or service
  4. 9. / we must consider what the government is doing
  5. 11. / must consider demographics
  6. 14. / existing technology but new market
  7. 17. / often considered the most important trait of an entrepreneur
  8. 19. / The type of innovation when the workplace is run in a different way
  9. 20. / innovation that creates an entirely new market
  10. 21. / innovation that changes the design or packaging, product placement or pricing
  11. 23. / a framework for innovation
  12. 25. / a tool used to analyse macro-environmental factors
  13. 29. businesses using this kind of innovation understand that both internal and external resources are valuable
  14. 30. / new business successfully challenges an incumbent business
  15. 31. / Innovation that occurs over time through small improvements.
  16. 33. / research observe, understand and create a point of view
  17. 34. / entrepreneurs need this trait to keep up with the ever changing technological and business environment.
Down
  1. 1. / you must have __________ in your knowledge and skills when you are an entrepreneur
  2. 2. / entrepreneurs use these skills to communicate effectively with others
  3. 3. / The last factor of a PEST analysis
  4. 6. / adapting something existing, or contributing to it, to make it better
  5. 7. you must try again and again
  6. 8. / The stage where you start creating and experimenting with a new product.
  7. 10. / the ability to respond when things don't go to plan
  8. 12. / Edwin _____
  9. 13. / sometimes exhibited as impatience
  10. 15. / how do we solve it?
  11. 16. / constructed a hierarchy that looks like the food pyramid
  12. 18. / the reason behind why a person acts in a certain way
  13. 22. / An entrepreneur needs to have the ________ to take risks on ideas.
  14. 24. / a person who sets up a business or businesses, taking on financial risks in the hope of profit.
  15. 26. / changing the way products are produced
  16. 27. / hygiene factors and motivators
  17. 28. / how stable is the current economy?
  18. 30. / you must stay focussed
  19. 32. / does it work?