A business plan's mission statement ________
A) is optional
B) must be written in eight or fewer words
C) explains the purpose of a business and why it will succeed
D) All of these statements about a business plan mission statement are correct
C
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You have an idea for a company that sources fruits from local farms and makes fresh juices on a daily basis. You want to start a subscription-based service in which households within a 100-mile radius subscribe to your plan and receive two gallons of freshly squeezed juice (for example, cherry juice, apple juice, lemonade) twice a week. As you think about starting your business, you ask yourself: How rare is the service I am offering? How valuable is it? Can I organize the company to maximize my advantages in the marketplace? After asking these questions, review and identify which question from VRIO did you forget to ask?
A. Is the resource or capability valuable? B. Is the resource or capability currently controlled by only a few firms or no other firms? C. Is the firm organized to exploit the resource of capability? D. What values should be emphasized? E. Is the resource or capability costly for other firms to imitate?
List the conditions that contribute to the formation of a high-performance work system.
What will be an ideal response?
With _____, data transmitted to computers from a telephone company's switching center remains digital throughout the entire transmission.
A. digital subscriber line B. dial-up connections C. normal landline telephone service D. cable modems
When designing for mobile devices, it is best to minimize use of white space
Indicate whether the statement is true or false.