Once Created, a Properly Constructed and Researched Business Model Will

question 21

True/False

Once created, a properly constructed and researched business model will not need to change. ​

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Definitions:

Health Care

The maintenance or improvement of health via the prevention, diagnosis, treatment, and recovery of illnesses, injuries, and other physical and mental impairments in people.

Bureaucratic

Pertaining to the administration of organizations with a rigid hierarchy, fixed rules, and a focus on procedure over effectiveness.

Human Resources

The department within an organization that focuses on recruiting, managing, and providing direction for the people who work in the organization.

Technological Changes

Adjustments or advancements in technology that affect industries, workplaces, and society.