If a Business Is to Prosper in the Future, It

question 82

True/False

If a business is to prosper in the future, it must generate most of its cash from operating activities.

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Definitions:

Organization's Culture

The collective values, beliefs, and behaviors that shape how work gets done within an organization.

Customer-Driven

A business strategy that focuses on creating products and services based on the preferences and feedback of customers to meet their needs effectively.

Empowering Employees

The process of giving workers more autonomy, authority, and control over their work to increase engagement and productivity.

TQM

Total Quality Management, a systematic approach focused on continuous improvement of processes, products, and services to achieve a higher level of customer satisfaction.