_____ Results in Enhancements to Existing Products,services,and Ways of Operating

question 83

Short Answer

_____ results in enhancements to existing products,services,and ways of operating and enables an organization to continually increase profits,lower costs,and gain market share.

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Definitions:

Business Plan

A business plan is a detailed document outlining the goals, strategies, financial forecasts, and operational plans for starting and operating a business, serving as a roadmap for business success.

Start-Up Business

An entrepreneurial venture in its initial stage of operations, often characterized by innovation, ambition, and scalability.

Financing

The process of obtaining the necessary funds needed for an operation, project, or investment.

Executive Summary

A brief section at the beginning of a document that provides an overview of the main points and conclusions.