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How do you become a entreupenure?

You come up with an idea for a new product or service and market it.


What is the difference between idea and phantasm?

phantasm - product of imagination idea - product of the intellect


Why is it that every typical entrepreneur can become a business manager but not all business managers can become entrepreneur?

Entrepreneur is someone who has an idea (or knows someone who has an idea) and invests his money into making a product or a business. They are willing to put their money into a situation where it can make money or lose money.


What is a product in marketing?

a product is a good, services or an idea that satisfies the customer.


What is advertisement about?

it's about a product or an idea


If one has an idea that will improve a product not invent but improve how does one go about marketing the idea?

An improvement to an existing product is still patentable.


Can you sell your product if patent has expired?

Legally you can, however there is nothing protecting you from having your product idea stolen so its probably not a good idea


What is your idea about Some people said brand name is one of product attributes but others said brand name is objectives of Marketing Mix?

I say brand is a marketing objective but when brand recognition becomes strong the brand can become the product.


Reading a product review before purchasing a product is a good idea because?

experts are able to judge the quality of a product.


What is product management?

Product lifecycle management is the management of a product from idea, design, development through to use and disposal. For example you have an idea for a new razor blade, PLM is about how you design it, make it, use it, and then what to do with it when its no longer usable.


What are the functions of an entrepreneur?

To turn an idea into a marketable product.


What can be exchanged in Personal selling?

a product, service, or idea