Quiz Page 32 of 76 (PART THREE)

1. A technique that involves visually organizing information to help generate ideas and make decisions. Use it to break down a problem or decision into smaller, more manageable pieces and explore different options.

2. A tool that helps entrepreneurs evaluate multiple options based on various criteria. You can weigh and score each option in order to pinpoint the most effective solution.

3. With this method, the entrepreneur sets a specific time limit to complete a task or reach a decision. This technique helps to limit the time spent on a task and prevent overthinking.

4. This tool supports entrepreneurs in prioritising tasks based on their urgency and importance. By categorizing tasks into four categories (urgent and important, important but not urgent, urgent but not important, not urgent and not important), an entrepreneur can focus on the most critical tasks.

5. With this method, entrepreneurs are able to evaluate the strengths, weaknesses, opportunities, and threats of a business or decision. This leads to making informed decisions and developing effective strategies.

6. This is a systematic approach to making decisions. There are many frameworks available, such as the Lean Startup methodology, which provides entrepreneurs with a step-by-step approach to launching a new business.