Examlex
Name and describe the six steps in the creative process.
Benchmarking
The practice of comparing business processes and performance metrics to industry bests or best practices from other companies to improve performance.
Incorporate
The process of legally declaring a business as a separate entity from its owners, providing legal protections and benefits.
Management By Objectives (MBO)
Is a process of joint objective‐setting between a manager and a staff member.
External Supervisory Control
Oversight conducted by external bodies or regulators to ensure an organization meets standards or regulations.
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