MB602 Discussion Question 3-1 Proof of Concept (POC)

MB602 Entrepreneurship

Lesson 3: Stakeholders, Business Structures, and Social Responsibility

Discussion Question 1

1. Describe how the Proof of Concept (POC) differs from feasibility. Then explain the importance of POC. Finally, briefly outline the entrepreneur's micro strategy for proof of concept. (50 points) (A 2-page response is required.)