Blue Ocean
This strategy focuses on creating new markets rather than competing in existing ones
What is the blue ocean strategy?
An individual who behaves like an entrepreneur working in a corporate setting.
What is an intrapreneur?
Entrepreneurs are always looking for better ways to solve problems. This is called having a _____ mindset.
What is a growth mindset?
An entrepreneur is someone who does this to solve problems or fill a need in the market.
What is starting a business?
How far did the professor's paper airplane go over?
What is the airplane went over the Jack brown building
What does blue ocean value?
What is innovation
Someone who is interested in starting a business for the greater good and not for profit.
What is a social entrepreneur?
Entrepreneurs use creativity and this skill to turn ideas into action.
What is problem-solving?
Entrepreneurs look for opportunities and take these to create something new.
What are risks?
What school did the professor get his masters in?
What is Cal State San Bernardino
This strategy competes in existing markets and focuses on beating competition
What is Red Ocean strategy?
This type of innovation focuses on one time projects
What Is public sector entrepreneurship?
This trait allows entrepreneurs to adjust their plans when something isn’t working.
What is adaptability?
Entrepreneurs don’t just work for themselves; they also do this for others.
What is creating jobs?
What type of business did the professor have?
What is an online antique furniture business
This hotel chain created a new market space in the hotel industry.
What is CitizenM?
Many entrepreneurs practice ___ which is another way of saying “fake it till you make it”
What is impression management?
Entrepreneurs don’t follow the crowd; instead, they think like this.
What is outside the box?
The main difference between an entrepreneur and a regular worker is that entrepreneurs do this with their ideas.
What is turning them into businesses?
What industry does the professor use as an example in class?
What is coffee shop?
This company made a new strategy aimed at college students
What was Marvel's new blue ocean?
What is someone who constantly comes up with new ideas and inventions applies them to create products and business ventures
What is innovative entrepreneur?
Entrepreneurs don’t fear failure because they see failure as _____ opportunity
What is a learning opportunity?
Entrepreneurs help the economy grow by doing this.
What is innovating or creating new products?
What industry was professor Almeida a marketing consultant for?
What is Professor Almeida was a marketing consultant for a restaurant