"Entrepreneurship involves ____ and ____ to run a business effectively." "spirit, attitude"
"An owner entrepreneur takes full responsibility for their business's ____ and ____." "success, failure"
"Professional entrepreneurs focus on ____ and ____ within an existing company." "innovation, growth"
"Government entrepreneurs aim to provide ____ and ____ in public services." "efficiency, innovation"
"Social entrepreneurs prioritize creating a positive ____ impact over generating ____." "social, profit"
"Academic entrepreneurs apply entrepreneurial principles in ____ while spreading their ____." "education, knowledge"
"The exploring phase is the first stage of entrepreneurship where individuals gather and analyze ____ extensively." "information"
"To sustain a successful business, entrepreneurship requires ____ and ____ decision-making." "risk-taking, strategic"
"Individuals who create their own businesses are known as ____ entrepreneurs." "owner"
"The role of a government entrepreneur includes managing institutions with an ____ mindset." "entrepreneurial"
"The phase that involves conducting research, market analysis, and observations to identify business opportunities is called ____ and ____." "research phase, market analysis phase"
"During the planning phase, entrepreneurs develop strategic plans, generate ideas, and create ____ and ____ for their business ventures." "structured frameworks, financial plans"
"A company profile provides a comprehensive overview of a business, including its history, current status, mission, and ____ and ____ objectives." "vision, future"
"Branding is an important part of marketing that establishes a company's identity and differentiates it from ____ and creates a ____ on consumers." "competitors, lasting impression"
"Founder based brands are companies named after their founders, such as ____ and ____." "Tesla, adidas"
"Descriptive brands are names that directly describe the business or product, like ____ and ____." "paypal, youtube"
"Fabricated brands are unique names designed for brand identity, which means they are ____ and ____ names." "invented, unique"
"In the planning phase, it is essential to define business objectives, financial planning, and ____ and ____ strategies." "marketing, operational"
"A company profile serves as a branding tool that helps potential investors, customers, and partners understand the company's ____ and ____." "purpose, values"
"Brand recognition and loyalty are built through visual elements, messaging, and ____ and ____ experience." "customer, brand"
"A brand includes its name, values, and customer perception, while a logo is a ____ and ____ representation of that brand." "visual, symbolic"
"Market research helps entrepreneurs understand ____ and ____ to make informed business decisions." "market trends, consumer behavior"
"Visual brainstorming involves developing visual concepts based on ____ and translating them into ____ or ____." "keywords, sketches, drawings"
"The emotional connection a company builds with consumers is part of its ____, while the recognizable symbol is its ____." "brand, logo"
"To analyze the latest trends in the fashion industry, one must conduct ____ and understand ____ to stay competitive." "market research, competitors"
"A logo is a crucial branding element, but it is only one part of a brand’s overall ____, which includes its ____ and reputation." "identity, values"
"In visual brainstorming, selected keywords are used to create ____ that can help in developing branding elements like ____ and marketing materials." "visual concepts, packaging"
"Understanding competitive advantages is a key outcome of conducting ____ in any industry, including ____ and technology." "market research, fashion"