According to research studies, what element was reported as the most important factor to new venture success?
a. the uniqueness of the product or service to fulfill a customer need
b. the financial support to help the company through the initial years
c. the lead entrepreneur and quality of the initial team
d. the size of the lead entrepreneurs network
c. the lead entrepreneur and quality of the initial team
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A key issue in global organization is when to achieve balance between autonomy and integration
Indicate whether the statement is true or false
The ________ concept means that an organization strives to satisfy consumer needs while achieving its goals.
A. sales B. societal benefit C. production D. customer relationship E. marketing
While the total amount of fixed cost remains constant with the level of production, fixed cost per unit changes as volume changes.
Answer the following statement true (T) or false (F)
The Japanese term Seiri is associated with which of the (English) Five-S’s?
a. Sort b. Set in order c. Sweep d. Standardize