For Entrepreneurs, the Final Scorecard of the Value Creation Process

question 27

Multiple Choice

For entrepreneurs, the final scorecard of the value creation process is:

• A) Innovation; meeting market need and launching new goods and services
• B) Customer satisfaction
• C) Happiness of self and employees
• D) Longevity of the business
• E) Net worth

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Definitions:

Positive Work-Related State

A condition wherein employees feel motivated, satisfied, and engage productively.

Workers Engaged

Refers to employees who are actively involved, enthusiastic, and committed to their work.

Absenteeism

The habitual non-presence of an employee at their job, which can be due to various reasons including illness, personal matters, or disengagement with work.

High Cost

pertains to an expense that is considerably above the average or expected expenditure on goods or services.