Examlex
According to the text,what is a major challenge in assessing the impact of new cultural practices?
External Factors
Conditions, events, or influences originating outside an organization that can affect its performance and strategic decisions.
Startup Capital
Initial funding used to start a business, covering costs such as product development, market research, and operational expenses until the business becomes self-sustaining.
Small Business Success
The achievement of desired visions and planned goals, leading to a sustainable competitive advantage for a small business, often measured by financial performance, market share, or innovation.
Creative Destruction
An economic theory that suggests the dismantling of long-standing practices in order to make way for innovation and new systems that enhance economic vitality.
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