The Partnering for Success Feature in Chapter 1 Focuses on Start-Up

question 9

Multiple Choice

The Partnering for Success feature in Chapter 1 focuses on start-up incubators and accelerators. According to the feature, participating in a start-up incubator or accelerator is an excellent way to ________.

• A) learn how to write a business plan
• B) prepare to become a franchisor
• C) gain access to mentors, partners and investors
• D) learn how to conduct an industry analysis
• E) prepare for a job in a major corporation

---

Definitions:

Quality Service

the measure of how well the service level delivered matches customer expectations.

Sustainable Competitive Advantage

A long-term strategy that cannot be easily duplicated by competitors, allowing an organization to perform better over time.

Human Resources

The department within an organization that deals with the management, support, and development of its employees.

Profitability

The degree to which a business or activity yields profit or financial gain.