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    Technopreneurship-ME3C: Last Name:: Tañamor First Name:: Myk Angelo Course & Section:: BSME-3C 14 Apr 2021 - 03:51PM

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    JM Myrtes
    Customer validation is important in technopreneurship for the following reasons: - It helps technopreneurs identify if there is a real market need for their technology product/service idea before investing significant time and resources into developing it. Validating customer needs reduces risk. - Gathering feedback directly from potential customers helps technopreneurs understand if their value proposition and solution aligns well with what customers are looking for. This ensures they are building the right solution to solve customer pain points. - Customer validation is an ongoing process that helps technopreneurs refine their solution based on customer feedback. It leads to the development of products/services that better meet market requirements. - Validating that customers are willing to

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    Technopreneurship-ME3C: Last Name:: Tañamor First Name:: Myk Angelo Course & Section:: BSME-3C 14 Apr 2021 - 03:51PM

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    JM Myrtes
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    Customer validation is important in technopreneurship for the following reasons: - It helps technopreneurs identify if there is a real market need for their technology product/service idea before investing significant time and resources into developing it. Validating customer needs reduces risk. - Gathering feedback directly from potential customers helps technopreneurs understand if their value proposition and solution aligns well with what customers are looking for. This ensures they are building the right solution to solve customer pain points. - Customer validation is an ongoing process that helps technopreneurs refine their solution based on customer feedback. It leads to the development of products/services that better meet market requirements. - Validating that customers are willing to

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    Customer validation is important in technopreneurship for the following reasons: - It helps technopreneurs identify if there is a real market need for their technology product/service idea before investing significant time and resources into developing it. Validating customer needs reduces risk. - Gathering feedback directly from potential customers helps technopreneurs understand if their value proposition and solution aligns well with what customers are looking for. This ensures they are building the right solution to solve customer pain points. - Customer validation is an ongoing process that helps technopreneurs refine their solution based on customer feedback. It leads to the development of products/services that better meet market requirements. - Validating that customers are willing to

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    Download as pdf or txt
    23 views3 pages

    Technopreneurship-ME3C: Last Name:: Tañamor First Name:: Myk Angelo Course & Section:: BSME-3C 14 Apr 2021 - 03:51PM

    Uploaded by

    JM Myrtes
    Customer validation is important in technopreneurship for the following reasons: - It helps technopreneurs identify if there is a real market need for their technology product/service idea before investing significant time and resources into developing it. Validating customer needs reduces risk. - Gathering feedback directly from potential customers helps technopreneurs understand if their value proposition and solution aligns well with what customers are looking for. This ensures they are building the right solution to solve customer pain points. - Customer validation is an ongoing process that helps technopreneurs refine their solution based on customer feedback. It leads to the development of products/services that better meet market requirements. - Validating that customers are willing to

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    of 3

    Technopreneurship-ME3C

    Last Name:: Tañamor


    First Name:: Myk Angelo
    Course & Section:: BSME-3C
    14 Apr 2021 - 03:51PM

    SCORE

    49
    98%
    50

    1. If prices decline, consumers/ customers have greater


    buying power.

    T
    1/1 Marks

    2. There are 4 types of Customer Pain points--Process


    ,Financial, Support, and Productivity pain points.

    T
    1/1 Marks

    3. Psychographic segmentation is a type of segmentation


    that deals with their location ( state,city,region,country).

    F
    1/1 Marks

    4. Identi cation of a problem is the rst step in decision


    making process.

    T
    1/1 Marks

    5. In decision making process, implementation of an


    alternative means assessing the effectiveness and ef ciency
    of the outcome.
    F
    1/1 Marks

    6. Pain point is a speci c problem that prospective


    customers of your business are experiencing.

    T
    1/1 Marks

    7. Customer needs is de ne as the driver of the customer's


    decision to purchase service/ product.

    F
    0/1 Marks

    8. If the value of the dollar increases relative to foreign


    currency,consumers have lower buying power.

    F
    1/1 Marks

    9. Direct needs are needs that customers tell you about


    through email,calls,etc.

    T
    1/1 Marks

    10. Creativity by individuals and teams is a starting point for


    innovation.

    T
    1/1 Marks

    11. Entrepreneur who is technology


    savvy,creative,innovative,dynamic,dares to be different and
    take unexplored path, and very passionate about their work.

    Technopreneur
    2/2 Marks

    12. Important role in the eld of utilization as well as the


    development of technology.

    Technological Advancements
    2/2 Marks

    13. Related to investments,funds to start up, and nancial


    assistance.

    Capital Formation
    Capital Formation
    2/2 Marks

    14. Refers to the capacity of an individual customer or a


    speci c market to buy certain quantities of goods and
    services.

    Customer Power
    2/2 Marks

    15. Customer needs that the users is an aware of and can


    be dif cult to uncover.

    Latent Needs
    2/2 Marks

    16. Customer needs that most often come from internal


    sources with a high possibility of being wrong.

    Assumed Needs
    2/2 Marks

    17. Prospects are spending too much money on their


    current provider/solution/products that they want to reduce
    their spend.

    Financial Pain Point


    2/2 Marks

    18. Process of dividing customers into groups based on


    certain factors/traits.

    Customer Segmentation
    2/2 Marks

    19. Segmentation of customers based on their


    age,occupation,gender,income etc.

    Demographic
    2/2 Marks

    20. Refers to a judgement,choice between alternatives,


    rarely a choice between right and wrong, identifying
    problems and opportunities and resolving them.

    Decision Making
    2/2 Marks

    21. Is customer validation important in technopreneurship?


    Why?

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