Briefly Explain the New-Old Approach to Creating New Ventures

question 32

Essay

Briefly explain the new-old approach to creating new ventures.

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Definitions:

Ethical and Legal

Pertaining to actions or decisions that are both morally right and in accordance with laws and regulations.

Company's Responsibility

The duty of a corporation to act ethically towards its employees, customers, society, and the environment in its operations.

Relationship-Oriented

A business or marketing approach that prioritizes building long-term relationships with customers over immediate sales or transactions.

Salesperson

An individual who sells goods and services to others in exchange for money or other compensation.