Which Step of the Continual Improvement Model Includes Baseline Assessments

question 58

Multiple Choice

Which step of the continual improvement model includes baseline assessments?

• A) Did we get there?
• B) Where are we now?
• C) What is the vision?
• D) Where do we want to be?

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Definitions:

Personal Funds

Money that belongs to an individual and is used for personal, not business, purposes.

Angel Investor

A financially well-to-do person who backs a beginning enterprise, usually receiving convertible debt or a portion of ownership in exchange.

Bootstrapping

A self-starting process that is supposed to proceed without external input, often used to describe startups that grow without major external funding.

Penny Pinching

The act of being very careful with money, often by trying to reduce spending.