To Eligible for the HubSone Program,a Small Business Must Be

question 32

True/False

To eligible for the HubSone program,a small business must be located in a historically underutilized business zone,be wholly owned and controlled by U.S.citizens,and draw at least 85 percent of its employees from a HubZone.

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Definitions:

Performance Management

The continuous process of setting objectives, assessing progress, and providing ongoing coaching and feedback to ensure that employees meet their career goals and organizational objectives.

Quality Management Process

A systematic approach focused on meeting customer requirements and enhancing their satisfaction through continuous improvement of operational processes.

Operational Efficiency

The capability of an organization to minimize waste and maximize outputs with the lowest input costs.

Quality Circle

A group of workers who voluntarily meet regularly to discuss and propose solutions to workplace problems, aiming to improve quality and efficiency.