Two Common Classifications of Operations Technology That Have Received Considerable

question 161

True/False

Two common classifications of operations technology that have received considerable attention are Thompson's classification and Woodward's classification.

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Definitions:

Angel Investors

Wealthy individuals who invest directly in a new venture in exchange for an equity stake.

Venture Capitalists

Investors who provide funding to startups or small businesses with long-term growth potential in exchange for equity, or partial ownership of the company.

Enterprise Zones

Specific geographic areas designated for economic revitalization.

Economic Revitalization

The process of boosting the economic growth and development of an area or community, often through government initiatives or private investments.