A Good __________ Says Whom the Firm Will Serve and How

question 127

Short Answer

A good __________ says whom the firm will serve and how it will go about accomplishing its societal purpose.

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Definitions:

Angel Investor

A wealthy individual who provides capital for a business start-up, usually in exchange for convertible debt or ownership equity.

Life Cycle

The series of stages through which something (such as a product, organization, or project) passes during its lifetime, from inception to termination.

Entrepreneurial Organisations

Companies characterized by innovative practices, proactive engagement with marketplace opportunities, and a willingness to take risks for growth.

Investing Wisely

The process of allocating resources, often financial, in a manner that maximizes the potential for gain while minimizing risk.