In Order for an Organization to Be Successful Over the Long

question 80

True/False

In order for an organization to be successful over the long term,managers need to have a game plan.

---

Definitions:

Exportability

The capacity or feature of a product or service that allows it to be exported or sold in foreign markets.

Licensing Agreement

A legally binding contract in which a property owner permits another party to use the property under specified conditions, often for intellectual property.

Financial Loss

The loss of money or decrease in financial value in an investment, transaction, or business operation.

Microchips

Small electronic components consisting of integrated circuits used in various devices for processing, storage, and control purposes.