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Description
Mind Map by kristy022231, updated more than 1 year ago
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Created by kristy022231
over 6 years ago
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My Top 10 Takeaways From Comm 101
- Accounting
- Financial
- Amortization
- Paying off debt in regular fixed
instalments over a period of
time (straight line)
- Similar to
straight line
depreciation
- Similar to
straight line
depreciation
- Paying off debt in regular fixed
instalments over a period of
time (straight line)
- External
- Amortization
- Financial
- Positioning
- Points of Parity
- What makes this
product similar to all its
substitutes in the
market?
- What makes this
product similar to all its
substitutes in the
market?
- Points of Difference
- What makes this
product different
from its substitutes?
How is it unique?
- What makes this
product different
from its substitutes?
How is it unique?
- Ladder - If you can't push a
competitor off the top, get to the top
in another aspect
- Points of Parity
- Innovation
- Intrapreneurs
- Innovation +
Entrepreneurship
- Those within a
business in charge
or innovation
- Innovation +
Entrepreneurship
- Disruptive Innovation
- Innovation that creates a new market
and disrupts equilibrium in another
- Innovation is not always a good thing,
two sides of a story
- Innovation is not always a good thing,
two sides of a story
- Innovation that creates a new market
and disrupts equilibrium in another
- Intrapreneurs
- Public Speaking
- Building
confidence
- Skills needed to
succeed in
business
- Skills needed to
succeed in
business
- Getting a feel of
speaking in front of
a large class
- Beneficial for
competition and
presentations
- Pacific Venture Capital
Competition
- Pacific Venture Capital
Competition
- Beneficial for
competition and
presentations
- Building
confidence
- Business Model Canvas
- Framework of a business
- Make it more efficient to
connect key aspects of a
business together
- Useful tool for case studies
- Useful tool for case studies
- Make it more efficient to
connect key aspects of a
business together
- Strategic Management
- Framework of a business
- Value Proposition Canvas
- How do you make
value for your
customers?
- Think in the
shoes of the
customers
- Think in the
shoes of the
customers
- What wants should
the product satisfy?
- Maps out decision making
(observing and designing
based on the observation)
- How will it help
them get the
job done?
- Maps out decision making
(observing and designing
based on the observation)
- How do you make
value for your
customers?
- Social Enterprise
- For profit businesses that
engage in a charitable cause
(ultimately still profit driven)
- One for One
Business Model
- Different from a not for
profit organization
- One for One
Business Model
- For profit businesses that
engage in a charitable cause
(ultimately still profit driven)
- Finance
- Time Value of Money
- Money loses value over
time
- Worth more in the present
(money can earn interest)
- Worth more in the present
(money can earn interest)
- Money loses value over
time
- Financial Markets
- where buyers and sellers
participate in the trade of assets
- where buyers and sellers
participate in the trade of assets
- Time Value of Money
- Sauder Alumni
- Provided a lot of insight
on the business world
- Gave me a clearer idea of
what I might want to
pursue in the future
- Consulting
- Consulting
- Gave me a clearer idea of
what I might want to
pursue in the future
- Showed me that
business isn't just
working in an office
- Jenny Duffy
- Jenny Duffy
- Skills needed to work in
business
- Provided a lot of insight
on the business world
- Case Studies
- Gave me an opportunity to use the skills I learned
and to make sure I knew how to integrate them
- Got me interested
in consulting
- Good practice in learning how to
assimilate information and use
them interconnectedly
- Got me interested
in consulting
- Gave me an opportunity to use the skills I learned
and to make sure I knew how to integrate them