Consequences of Functional Conflict Include Reduced Problem Solving or Decision

question 86

True/False

Consequences of functional conflict include reduced problem solving or decision making.

---

Definitions:

Business Opportunities

Prospects or situations favorable for starting a new business or expanding an existing one, often involving the sale or lease of products, services, or equipment.

Market Analysis

The evaluation of the size, trends, and growth potential of a specific market, including identification of customer needs and competitors.

Competitive Analysis

The process of identifying key competitors and evaluating their strategies, strengths, and weaknesses to determine market position and inform business strategies.

Startup Costs

Initial expenses required to establish a new business, including legal fees, marketing, equipment, and rent.