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 165 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?

The FDA recognizes 118 routes of administration.

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

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.

Many ideologies stem from older theories. The ideas of the philosophers are simplified. Ideologies Many ideologies stem from older theories. The ideas of the philosophers are simplified. Ideologies
The National Organization for Women holds a rally in Illinois for the Equal Rights Amendment. In ... The National Organization for Women holds a rally in Illinois for the Equal Rights Amendment. In ...
Organization of the ICD-10-CM Manual Organization of the ICD-10-CM Manual
The flow of energy and the cycling of materials maintain nature’s organization The flow of energy and the cycling of materials maintain nature’s organization
A farmer has 100 acres of land on which she plans to grow wheat and corn. Each acre of wheat ... A farmer has 100 acres of land on which she plans to grow wheat and corn. Each acre of wheat ...
Levels of Organization Levels of Organization
Video: DNA Sequences - Dideoxy Sequencing

For a complete list of videos, visit our video library