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Questions and Answers
What are the two key elements to create?
What are the two key elements to create?
- Price and packaging
- Service and promotion
- Product and brand (correct)
- Market and advertising
What is crucial for establishing a successful business?
What is crucial for establishing a successful business?
- Offering discounts and promotions
- Expanding into multiple markets
- Creating a brand identity (correct)
- Hiring a large workforce
What is emphasized as important for a business?
What is emphasized as important for a business?
- Developing a unique brand (correct)
- Focusing solely on product quality
- Imitating competitors' branding strategies
- Investing heavily in manufacturing processes
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