Match these types of examples with the relevant decisions.
a) Three engineering graduates establish '‘EcoDry'’ a new venture that seizes a growing
market opportunity. They have combined several existing technologies, creating a new, more
environmentally-friendly technique for dry cleaning textiles. Choose...
i) Appropriating and accumulating value
ii) Identifying or creating new opportunities
iii) Mobilising and leveraging resources
iv) Redistributing and redirecting value
b) The founders of Eco-Dry secure financial resources from a number of sources, including
their own family and friends. They also decide to recruit an experienced technology
entrepreneur in order to increase their credibility with potential investors and business
partners. Choose..
i) Appropriating and accumulating value
ii) Identifying or creating new opportunities
iii) Mobilising and leveraging resources
iv) Redistributing and redirecting value
c) The founders of Eco Dry decide to set up a commercial holding company on a franchise-
based business model; they considered adopting a social enterprise model, but decided that
this had the greatest growth potential. The founders accumulate wealth from the franchisees
and from their own equity stake. Choose...i) Appropriating and accumulating value
ii) Identifying or creating new opportunities
iii) Mobilising and leveraging resources
iv) Redistributing and redirecting value
d) Once it is trading, ‘Eco-Dry’ is paying wages to employees, reimbursing suppliers,
paying dividends to investors and taxes to local and national governments. The founders may
also decide to re-invest their profits in new projects and making donations to environmental
charities. Choose...
i) Appropriating and accumulating value
ii) Identifying or creating new opportunities
iii) Mobilising and leveraging resources
iv) Redistributing and redirecting value
a. Iii – Correct. Identifying or creating new opportunities
b. Iiii – Correct. Mobilising and leveraging resources
c. Ii – Correct. Appropriating and accumulating value
d. Iiv – Correct. Redistributing and redirecting value
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