Continuous Improvement Is Based on the Philosophy That Every Aspect

question 22

True/False

Continuous improvement is based on the philosophy that every aspect of an operation can be improved.

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Definitions:

Franchisee

An individual or company that holds the rights to operate a business under the franchise's name and system.

Manager

A person responsible for controlling or administering all or part of a company or similar organization.

Venture Capitalists

Investors who provide capital to startup companies and small businesses with perceived long-term growth potential in exchange for equity, or an ownership stake.

Microloan Investors

Individuals or entities that provide small loans to entrepreneurs, typically in developing countries, to foster business growth and development.