This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: All firms need an organization to efficiently implement their business plans and strategies. ... (Read 178 times)

appyboo

  • Hero Member
  • *****
  • Posts: 527
on: Jul 7, 2018
All firms need an organization to efficiently implement their business plans and strategies.
 
  Indicate whether the statement is true or false

Question 2

Why is the management team such an important element of a business model?
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

brittiany.barnes

  • Sr. Member
  • ****
  • Posts: 321
Reply #1 on: Jul 7, 2018
Answer to Question 1

TRUE

Answer to Question 2

A strong management team gives a model instant credibility to outside investors, immediate market-specific knowledge, and experience in implementing business plans. A strong management team may not be able to salvage a weak business model, but the team should be able to change the model and redefine the business as it becomes necessary.


appyboo

  • Hero Member
  • *****
  • Posts: 527
Reply #2 on: Jul 7, 2018
Correct answers!


brittiany.barnes

  • Sr. Member
  • ****
  • Posts: 321
Reply #3 on: Jul 7, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Traditional animal phylogeny based on body plans. Traditional animal phylogeny based on body plans.
Grime's classification of plant life-history strategies Grime's classification of plant life-history strategies
The light reactions and chemiosmosis: the organization of the thylakoid membrane. The light reactions and chemiosmosis: the organization of the thylakoid membrane.
Providing structure and organization in the child’s environment may aid the development of ... Providing structure and organization in the child’s environment may aid the development of ...
Private Practice Massage Therapy Business Plan Cont Private Practice Massage Therapy Business Plan Cont
Cell Membrane Organization Cell Membrane Organization
Video: Introduction to Cystic Fibrosis

For a complete list of videos, visit our video library