Benefit Of Focussing On Creativity Flashcards
1
Q
1
A
Creativity is one important characteristic of an entrepreneur
2
Q
2
A
This will help them to innovate and come up with unique product ideas
3
Q
3
A
Differentiate them from competitors
4
Q
4
A
Build a strong brand
5
Q
5
A
More loyal customers
6
Q
6
A
Price inelastic
7
Q
7
A
Increase prices without a significant fall in demand
8
Q
8
A
Increase in revenue
9
Q
9
A
Increase in gross profit margins
10
Q
10
A
Increase in retained profit to reinvest in…
