The Fundamental Reason for the Existence of a Business Is

question 69

True/False

The fundamental reason for the existence of a business is to create value.

---

Definitions:

Cohort

A group of subjects who share a defining characteristic, typically studied over a period to observe changes and developments.

Attrition

The reduction in the number of participants or the workforce over time, often due to resignation or retirement.

Longitudinal Study

An observational research method that follows the same subjects over a period of time, often years, to observe changes or developments.

Theory of Mind

The ability to attribute mental states—beliefs, intents, desires, emotions, knowledge—to oneself and to others, and to understand that others have beliefs, desires, and intentions that are different from one's own.