Q1_PTSMAW10

It refers to the important characteristics that should be possessed by an individual in order to perform entrepreneurial functions effectively.

An important characteristics of an entrepreneur, which means diligently working for a long period of time.

An important characteristic of an entrepreneur that shows confidence in one’s ability and judgement.

It refers to an effective and efficient communication and relation to people working in and out of your business.

A strategic thinking and setting of goals to achieve objectives by carefully maximizing all the available resources.

The ability to think quickly and make a wise decision towards the pre-determined set objectives

This is generated by examining the goods and services sold outside by the community.

A process of making a new product to be sold to the customers.

These are luxuries, advantages and desires that every individual considers beyond necessary.

This is the factor or consideration presented by a seller as the reason that one product or service is different from and better than that of the competition.

In this stage, the needs of the target market are identified, reviewed, and evaluated.

This is the introduction of new idea to make the product and services more attractive and saleable to the target customers.

A managerial tool used to assess the environment to gather important information used for strategic planning.

A marketing practice of creating name, symbol or designs that identifies and differentiate a product from the other products.

This is a meaningful and unforgettable statement that captures the essence of your brand.