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Questions and Answers
What are the key elements of creativity that can influence a business idea?
What are the key elements of creativity that can influence a business idea?
The key elements include originality, flexibility, and the ability to connect diverse ideas.
How does a well-structured business plan contribute to the success of a venture?
How does a well-structured business plan contribute to the success of a venture?
A well-structured business plan provides clarity, sets strategic goals, and helps secure funding.
What are some critical components of a marketing plan that ensure effective product promotion?
What are some critical components of a marketing plan that ensure effective product promotion?
Critical components include target market analysis, marketing strategies, and budget allocation.
Identify two common sources of capital for startups and briefly describe each.
Identify two common sources of capital for startups and briefly describe each.
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Why is adapting the business idea during development important in a case study context?
Why is adapting the business idea during development important in a case study context?
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