Quality - ANSWER _______ is determined by how well the product or service
fulfils its users' needs.
E-commerce and door-to-door sales. - ANSWER What are some instances of
direct distribution channels?
Middlemen - Answer Indirect distribution channels use _____ to offer their
products to end users.
Idea - Answer The initial step of product/market fit is known as the _______
stage.
Prototype - Answer The second stage of product/market fit is the _______
stage.
Launch - Answer The third stage of product/market fit is the _______ stage.
traction - Answer The fourth stage of product/market fit is the _______ stage.
monetization - the answer The fifth stage of product/market fit is the _______
stage.
Growth - Answer The sixth and last stage of product/market fit is the
________.
Establish quality standards - ANSWER The first stage in developing a quality
control procedure is to ____________.
, Establish a method for testing product quality. The second step in developing a
quality control procedure is to ____________.
Examine the internal quality testing findings - The third step in developing a
quality control procedure is to ____________.
Refine and improve quality procedures and measures as necessary. - ANSWER
The fourth step in developing a quality control procedure is to ____________.
Employee - Answer Sarah is a(n) ______ because she completes
responsibilities while according to corporate regulations and gets compensated
for her efforts.
Success - ANSWER. Sharon is in the ________ stage because she is making
more money and the company is doing well. She is not in the take-off stage
since she has not yet prepared to finance future expansion.
Trade secret - ANSWER Companies benefit from knowing that a procedure has
been tested and proven to be effective since they may presume it will work just
as well for them. As a result, businesses may opt to employ __________
materials.
Business plan - ANSWER A written document outlining how a company will
be structured, managed, operated, and expanded.
Pitch deck - Answer A summary of a company plan, including the items and
services that will be offered, the capital required, and financial projections.
Lean canvas - ANSWER Covers problems and answers, value propositions,
marketing channels, important KPIs, costs, and revenue but does not go into
detail about the company plan.
Critical thinking - ANSWER ___________ is the process of addressing issues
in the best possible way by examining numerous potential answers.
Creativity and innovation - ANSWER _________________ bring fresh and
unorthodox ideas to the table, as well as developing inventive and new ways to
do things.
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