In Creating Their CVPs,both IKEA and FedEx First Focused on the Jobs

question 62

True/False

In creating their CVPs,both IKEA and FedEx first focused on the jobs that customers needed done before coming up with the solution.

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Definitions:

Profitable Growth

The process of increasing a company's revenue and profits effectively and sustainably over time.

Entrepreneurship

The act of creating, managing, and operating a business venture in order to gain profit, often characterized by risk-taking.

Act-Learn-Build

A process approach that emphasizes action-oriented learning and building iteratively on results to develop new products, services, or businesses.

Social Entrepreneurship

The pursuit of entrepreneurial ventures with a major emphasis on achieving social goals and positive externalities.