Business & Entrepreneurship
Building and Launching a Venture flashcards
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- What is meant by “Scaling” in this lesson?Scaling and Unit Economics
- Scaling expands activity while organizing resources and processes to support it.
- What is meant by “Growth constraint” in this lesson?Scaling and Unit Economics
- A constraint limits expansion under current conditions.
- What is meant by “Unit economics” in this lesson?Scaling and Unit Economics
- Unit economics examines defined per-unit revenues and costs with stated allocation methods.
- What is meant by “Retention economics” in this lesson?Scaling and Unit Economics
- Retention economics examines continued customer value and service costs over time.
- What is meant by “Expansion experiment” in this lesson?Scaling and Unit Economics
- An experiment tests entry into a new segment or area before full commitment.
- What is meant by “Scale risk” in this lesson?Scaling and Unit Economics
- Scale risk arises when expansion strains systems or changes assumptions.
- What is meant by “Business plan” in this lesson?Business Plans and Pitches
- A plan documents the venture's goals, market, operations, finances, and assumptions.
- What is meant by “Executive summary” in this lesson?Business Plans and Pitches
- A summary briefly presents the essential venture logic and key findings.
- What is meant by “Pitch” in this lesson?Business Plans and Pitches
- A pitch communicates a proposal to an audience for a defined purpose.
- What is meant by “Milestone” in this lesson?Business Plans and Pitches
- A milestone is a defined checkpoint or achievement within a plan.
- What is meant by “Evidence-backed forecast” in this lesson?Business Plans and Pitches
- A forecast connects estimates to data and explicit assumptions.
- What is meant by “Risk disclosure” in this lesson?Business Plans and Pitches
- Disclosure identifies material uncertainties and possible adverse outcomes.
- What is meant by “Launch plan” in this lesson?Launching, Measuring, and Improving
- A launch plan coordinates readiness, responsibilities, communication, and delivery.
- What is meant by “Performance metric” in this lesson?Launching, Measuring, and Improving
- A metric measures a defined aspect of progress or operations.
- What is meant by “Feedback loop” in this lesson?Launching, Measuring, and Improving
- A loop uses outcomes to revise decisions and then measures the effects.
- What is meant by “Decision threshold” in this lesson?Launching, Measuring, and Improving
- A threshold specifies when evidence triggers a review or action.
- What is meant by “Venture review” in this lesson?Launching, Measuring, and Improving
- A review compares actual results with goals, assumptions, and resources.
- What is meant by “Learning conclusion” in this lesson?Launching, Measuring, and Improving
- A conclusion states what a trial establishes and what remains uncertain.
