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A Successful Business Plan for an Electronic Commerce Initiative Should

question 23

True/False

A successful business plan for an electronic commerce initiative should include activities that identify the initiative's specific objectives and link those objectives to business strategies.


Definitions:

Laissez-faire

An economic principle advocating minimal governmental interference in the free market and the economic affairs of individuals.

Bureaucratic Innovations

New methods, policies, or practices implemented within bureaucratic structures to improve efficiency, responsiveness, or outcomes in organizational or governmental operations.

Ethnicity

A category of people identified by common characteristics such as culture, language, or ancestral heritage.

Inequality

The unequal distribution of resources, opportunities, and rights among individuals or groups within a society.

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