DEFINITION OF TERMS: MATCHING A. Risk Tolerant A. Infrastructure B. Risk Averse B. Reactive Management C. Proactive Management C. Sustained Competitive...

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General Management

DEFINITION OF TERMS: MATCHING

A. Risk Tolerant

A. Infrastructure

B. Risk Averse

B. Reactive Management

C. Proactive Management

C. Sustained Competitive Advantage

D. Stages of Growth of a Firm Model

D. Proof of Concept

E. Entrepreneur

E. Monetization

88.   The “internals” of a system or structure, suchas the sewage, road, and electric systems of a city.

89. Making money out of an idea. The process of turning an ideainto a way to make money.

90. When someone “is notwilling to take risks”.

91. When someone “is willingto take risks”.

92. A person who starts a completely new business or a new wayof doing work.

93. A possible goal of a Prototype, it shows that the goal ofthe endeavor is attainable.

94. When one’s approach to life and management is to not waitfor the other side to act (or for things to happen) before

          you getinto action yourself; but to act before the other side has doesanything: this forces them to react to you!

95. A useful diagram of the typical life of a new company orproduct.

96. When one’s approach to life and management is to wait forthe other side to act (or for things to happen) before you

          get intoaction yourself.

97.   Keeping a competitive edge you have over yourcompetition going over time.

Answer & Explanation Solved by verified expert
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PART 1 ARISK TOLERANTWHEN SOMEONE IS NOT WILLING TO TAKE RISKS BRISK AVERSE WHEN SOMEONE IS WILLING TO TAKE RISKS C PROACTIVE MANAGEMENT WHEN ONES APPROACH TO LIFE AND MANAGEMENT IS TO NOT WAIT FOR THE OTHER SIDE TO ACT OR FOR    See Answer
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