Question

Please match the following items to the BEST match. Give each one some thought. In entrepreneurship one can often argue for certain characteristics, but only one of the answers is clearly the best.

1, Gazelle --------------------- A) Microsoft Windows 10

2, Unicom ------------------------ B) A startup that grows rapidly

3, Unicorpse ---------------- C) A startup that grows to a billion dollars and then collapses.

4, Radical product innovation ------------ D) A startup that rapidly reaches $ 1 billion in market value.

5, Incremental -------------- E) The Tesla automobile

Answer 1

1)B........ because, A gazelle company is a young, very fast-growing company. This type of company maintains consistent and rapid expansion of both employment and turnover. Additionally, the company maintains a high rate of expansion for at least four consecutive years.

2)D......a unicorn is a firm or startup which is valued at $1 billion or more.

3)C........a company which previously high valued tend to loose it's value slowly.

4)E...... because, radical innovations are focused on developing revolutionary new technologies, markets, and business models that change the world. Incremental innovation refers to processes that seek to improve existing systems and products to make them better, cheaper or faster. In the above example, windows 10 was made better version by making improvements in windows 8.1. Tesla automobile technology is a breakthrough in industry due to clean energy adoptions.

5)A