This weekly quiz comes from YourStoryTests your domain knowledge, business acumen, lateral thinking skills. (See the previous edition). Here).This 32nd edition of the quiz features issues faced by real entrepreneurs on their startup journeys.
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What would you do if in their shoes? The quiz will reveal the actual actions of entrepreneurs and innovators at the end.Would you change your mind?
Check out YourStorys Book Reviewsection with takeaways and links to over 330 titles on creativity, entrepreneurship, and our weekend PhotoSparksSection on creativity in the arts.
Q1: Tech for the Environment
Digital tools and technologies can be used to conserve wildlife. Satellites and mapping data are used to help identify areas at risk. Big data analytics, ML, and AI can help identify changing patterns and suggest corrective actions. Another technology that can help wildlife conservation is ML.
Q2: Organizational performance
In many cases, employee performance can be improved by giving recognition and awards. Stock options and performance-based bonus programs are also helpful. Employees can plan for their future by knowing the path to their career. What is the secret to organisational excellence?
Q3: From the local to the global
What are the unique symbols and contributions that India has made to the world stage? Its food, practices such as yoga, cultural exports like Bollywood, and clothing like the scarf and kurta immediately come to my mind. But there is one other apparel item that is very popular.
Q4: Road to resilience
Many entrepreneurs fail along their entrepreneurial journeys. The fear of failure is a constant worry for many aspiring founders. What’s the best way to manage failure and bounce back from setbacks.
Q5: Environmental impact
Many green initiatives have been developed to combat environmental pollution. These include recycling plastic bottles and refusing to purchase single-use plastic bottles. There are other options for plastic bags. There is a more common plastic product category that needs to be addressed.
Answers!
Congratulations on getting this far! These five questions are just the beginning. There’s more to come. Happy reading, happy learning, happy creating!
A1: Tech for the Environment
Drones can cover large areas cost-effectively in a matter of minutes, without disturbing nature. Mukesh Kwatra Environmentalist and founder of the green initiative “SmilingTree”.
Drones are capable of tracking poachers and can be used on rugged terrain. They can also be used to track wildfires and provide supplies in flood situations. You can read more about drone contributions to wildlife and farming here.
A2: Organisational performance
A company’s culture is often a highly valued but poorly articulated asset. When engineers are asked to describe a great workplace culture, most cannot answer beyond the cliche. Rahul Chari is the co-founder and CEO of PhonePe.
A culture that is well-respected encourages learning, fosters honest conversations and brings out the best of people. He cautions that cultural promotion must go beyond motherhood statements. Find out more about the culture at this dynamic startup.
A3: From the local to the global
You can find dupattas everywhere, not just in India. Gaurav Garg is the founder of Dupatta Bazaar. In 2011, in Mumbai, the former equity analyst got into dupatta.
A decade later, he had exported dupattas to many countries around the globe. Gaurav convinced Flipkart to create an e-commerce section for the product. Learn more about the dupattas in demand from Mexico to Zimbabwe.
A4: Road to resilience
It is liberating to see failure not as a disruption but as an opportunity to learn. Sonya Barlow is the founder of Like Minded Females Network (LMF). The social enterprise empowers and educates minorities and women in the tech and business sectors.
She was able to bounce back from failures like the first LMF brunch. Fail well. Somya shares that failures and setbacks are part of being an entrepreneur. You can read more about her inspiring story here.
A5: Environmental impact
There aren’t many ways to recycle plastic toys currently. A ten year old entrepreneur explains that parents don’t know how to dispose of these toys. Siyona Vikram. Her podcasts are helping to raise awareness about plastic pollution for children.
Her initiative, Little WISE Club is designed to inspire children to use toys made out of sustainable and biodegradable material. Read more about this inspiring young entrepreneur-activist here.
YourStory also published the pocketbook Quotes and Proverbs for Entrepreneurs: A World of Inspiration to StartupsThis guide is a motivational and creative guide for innovators (downloadable here as an app: Apple, Android).
