Across
- 3. Refers to the number of subscribers that a subscription-based business loses each month.
- 9. Position of a firm on the along the conceptual continuum that ranges from highly conservative to highly entrepreneurial.
- 11. A joint research effort by Babson College, London Business School, Universidad del Desarrollo (Santiago, Chile), and Universiti Tun Abdul Razak (Malaysia),tracks entrepreneurship in 70 countries, including the United States
- 12. A business model in which a firm provides a basic version of its service for free, and makes money by selling a premium version of the service.
- 13. Characterized by slow increases in demand, numerous repeat customers, and limited product innovation. E.g. SuperJam in fruit jams.
- 15. A condition that creates a disincentive for a new firm to enter an industry.
- 17. This is the business's plan or recipe for how it creates, delivers, and captures value for its stakeholders.
- 18. Theorist of disruptive innovation.
Down
- 1. A type of disruption that is possible when the firms in an industry continue to improve products or services to the point where they are actually better than a sizable portion of their clientele needs or desires.
- 2. Criteria under the force of bargaining power of suppliers that describes the quantity of suppliers available to provide products to buyers.
- 3. Term for established firms with an orientation toward acting entrepreneurially.
- 4. Business research that focuses on the potential of an industry.
- 5. It is a type of business plan which is 10 to 15 pages and works best for companies that are very early in their development and are not prepared to write a full plan.
- 6. The ability to fashion a solid idea into a viable business.
- 7. A short overview of the entire business plan; it provides a busy reader with everything she needs to know about the new venture’s distinctive nature.
- 8. Concept that argues that entrepreneurs develop new products and technologies that over time make current products and technologies obsolete.
- 10. Describes how the entire company is situated relative to its competitors.
- 12. A business model in which a firm that has a successful product or service licenses its trademark and method of doing business to other businesses.
- 14. A panel of experts asked by a firm’s management to provide counsel and advice on an ongoing basis.
- 16. Type of entrepreneurial firm that includes personal trainers, golf and tennis pros, the owners of bed & breakfasts, and tour guides.