Exam 12: Rent the Runway: Entrepreneurs Expanding an Industry by Blending Tech With Fashion, John Gallaugher - Information Systems: a Managers Guide to Harnessing Technology, Version 40

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________________________ refers to the value of future cash flows discounted into today's dollars (it is discounted because a dollar today should be worth more in the future assuming inflation or the potential to earn money on the dollar if it is invested).

(Short Answer)

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Question 21

_________________ is a software development approach where an organization's developers release products, features, and updates in shorter cycles, when ready, rather than wait for centrally-managed delivery schedules.

(Short Answer)

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Question 22

Circle the equation that is true most firms with a profitable customer base:

(Multiple Choice)

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Question 23

Creating a business often involves convincing suppliers to participate in your new offering. While Rent the Runway had proven customer interesting, some designers had initial concerns about Jenn Hyman and Jenny Fleiss's firm. Briefly describe supplier concern.

(Essay)

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(33)

Question 24

How is Rent the Runway working to encourage entrepreneurship among women?

(Essay)

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(38)

Question 25

Which of the following is not a reason why Rent the Runway appeals to designers?

(Multiple Choice)

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(32)

Question 26

Several have wondered how big sharing firms can get. Airbnb has more beds than any hotel chain and Uber dwarfs any taxi or car service firm, but ZipCar never grew as large as major car rental firms. To get a sense of the size of the firm, Rent the Runway has had over 5 million women as customers of their service.

(True/False)

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Question 27

At Rent the Runway, customers arriving at the site via ____ media have a much higher (reported as high as 200 percent) conversion rate than customers arriving via _ media.

(Multiple Choice)

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(37)

Question 28

The term _______________________ is often used in entrepreneurship and new product development and refers to a bare-bones offering that allows entrepreneurs and product developers to collect customer feedback and to validate concepts and assumptions that underlie a business idea.

(Short Answer)

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Question 29

Which of the following is NOT true about mobile app development:

(Multiple Choice)

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Question 30

The concept of ____________________ refers to positive influence created when someone finds out that others are doing something.

(Short Answer)

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(44)

Question 31

Determining product/market fit is often very expensive for entrepreneurs, since it amounts, essentially, to fully building out a firm's website and operational model.

(True/False)

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(28)

Question 32

Describe why Rent the Runway's customers have an especially strong lifetime customer value?

(Essay)

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(36)

Question 33

Describe the advantages that Rent the Runway's physical stores offer the firm:

(Essay)

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(39)

Question 34

____________________ refers to the amount of money a firm spends to convince a customer to buy (or in the case of free products, try or use) a product or service.

(Short Answer)

4.8/5

(35)

Question 35

The term _________________________ is used in the business press to refer to startups valued at $1 billion or more.

(Short Answer)

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(33)

Question 36

Describe why CLV is especially difficult for new firms with new models to calculate.

(Essay)

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(29)

Question 37

How does Data help inform buying decisions at Rent the Runway?

(Essay)

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(42)

Question 38

Showing 21 - 38 of 38

________________________ refers to the value of future cash flows discounted into today's dollars (it is discounted because a dollar today should be worth more in the future assuming inflation or the potential to earn money on the dollar if it is invested).

_________________ is a software development approach where an organization's developers release products, features, and updates in shorter cycles, when ready, rather than wait for centrally-managed delivery schedules.

Circle the equation that is true most firms with a profitable customer base:

Creating a business often involves convincing suppliers to participate in your new offering. While Rent the Runway had proven customer interesting, some designers had initial concerns about Jenn Hyman and Jenny Fleiss's firm. Briefly describe supplier concern.

How is Rent the Runway working to encourage entrepreneurship among women?

Which of the following is not a reason why Rent the Runway appeals to designers?

At Rent the Runway, customers arriving at the site via ____ media have a much higher (reported as high as 200 percent) conversion rate than customers arriving via _ media.

The term _______________________ is often used in entrepreneurship and new product development and refers to a bare-bones offering that allows entrepreneurs and product developers to collect customer feedback and to validate concepts and assumptions that underlie a business idea.

Which of the following is NOT true about mobile app development:

The concept of ____________________ refers to positive influence created when someone finds out that others are doing something.

Determining product/market fit is often very expensive for entrepreneurs, since it amounts, essentially, to fully building out a firm's website and operational model.

Describe why Rent the Runway's customers have an especially strong lifetime customer value?

Describe the advantages that Rent the Runway's physical stores offer the firm:

____________________ refers to the amount of money a firm spends to convince a customer to buy (or in the case of free products, try or use) a product or service.

The term _________________________ is used in the business press to refer to startups valued at $1 billion or more.

Describe why CLV is especially difficult for new firms with new models to calculate.

How does Data help inform buying decisions at Rent the Runway?

Setting the Stage: Technology and the Modern Enterprise

Strategy and Technology: Concepts and Frameworks for Understanding What Separates Winners From Losers

Zara: Fast Fashion From Savvy Systems

Netflix in Two Acts: the Making of an E-Commerce Giant and the Uncertain Future of Atoms to Bits

Moores Law and More: Fast, Cheap Computing and What This Means for the Manager

Disruptive Technologies: Understanding the Giant Killers and Considerations for Avoiding Extinction

Amazoncom: an Empire Stretching From Cardboard Box to Kindle to Cloud

Understanding Network Effects: Strategies for Competing in a Platform-Centric, Winner-Take-All World

Social Media, Peer Production, and Web 2.0

The Sharing Economy, Collaborative Consumption, and Creating More Efficient Markets Through Technology

Facebook: Building a Business From the Social Graph

Understanding Software: a Primer for Managers

Software in Flux: Partly Cloudy and Sometimes Free

The Data Asset: Databases, Business Intelligence, Analytics, Big Data, and Competitive Advantage

A Managers Guide to the Internet and Telecommunications

Information Security: Barbarians at the Gateway and Just About Everywhere Else

Google in Three Parts: Search, Online Advertising, and Beyond

Filters

Exam 12: Rent the Runway: Entrepreneurs Expanding an Industry by Blending Tech With Fashion, John Gallaugher - Information Systems: a Managers Guide to Harnessing Technology, Version 40

________________________ refers to the value of future cash flows discounted into today's dollars (it is discounted because a dollar today should be worth more in the future assuming inflation or the potential to earn money on the dollar if it is invested).

_________________ is a software development approach where an organization's developers release products, features, and updates in shorter cycles, when ready, rather than wait for centrally-managed delivery schedules.

Circle the equation that is true most firms with a profitable customer base:

Creating a business often involves convincing suppliers to participate in your new offering. While Rent the Runway had proven customer interesting, some designers had initial concerns about Jenn Hyman and Jenny Fleiss's firm. Briefly describe supplier concern.

How is Rent the Runway working to encourage entrepreneurship among women?

Which of the following is not a reason why Rent the Runway appeals to designers?

At Rent the Runway, customers arriving at the site via ________________ media have a much higher (reported as high as 200 percent) conversion rate than customers arriving via _____________ media.

The term _______________________ is often used in entrepreneurship and new product development and refers to a bare-bones offering that allows entrepreneurs and product developers to collect customer feedback and to validate concepts and assumptions that underlie a business idea.

Which of the following is NOT true about mobile app development:

The concept of ____________________ refers to positive influence created when someone finds out that others are doing something.

Determining product/market fit is often very expensive for entrepreneurs, since it amounts, essentially, to fully building out a firm's website and operational model.

Describe why Rent the Runway's customers have an especially strong lifetime customer value?

Describe the advantages that Rent the Runway's physical stores offer the firm:

____________________ refers to the amount of money a firm spends to convince a customer to buy (or in the case of free products, try or use) a product or service.

The term _________________________ is used in the business press to refer to startups valued at $1 billion or more.

Describe why CLV is especially difficult for new firms with new models to calculate.

How does Data help inform buying decisions at Rent the Runway?

Setting the Stage: Technology and the Modern Enterprise

Strategy and Technology: Concepts and Frameworks for Understanding What Separates Winners From Losers

Zara: Fast Fashion From Savvy Systems

Netflix in Two Acts: the Making of an E-Commerce Giant and the Uncertain Future of Atoms to Bits

Moores Law and More: Fast, Cheap Computing and What This Means for the Manager

Disruptive Technologies: Understanding the Giant Killers and Considerations for Avoiding Extinction

Amazoncom: an Empire Stretching From Cardboard Box to Kindle to Cloud

Understanding Network Effects: Strategies for Competing in a Platform-Centric, Winner-Take-All World

Social Media, Peer Production, and Web 2.0

The Sharing Economy, Collaborative Consumption, and Creating More Efficient Markets Through Technology

Facebook: Building a Business From the Social Graph

Understanding Software: a Primer for Managers

Software in Flux: Partly Cloudy and Sometimes Free

The Data Asset: Databases, Business Intelligence, Analytics, Big Data, and Competitive Advantage

A Managers Guide to the Internet and Telecommunications

Information Security: Barbarians at the Gateway and Just About Everywhere Else

Google in Three Parts: Search, Online Advertising, and Beyond

Filters

At Rent the Runway, customers arriving at the site via ____ media have a much higher (reported as high as 200 percent) conversion rate than customers arriving via _ media.