Successful business definition does not require an ongoing process of redefinition.

Name: Successful business definition does not require an ongoing process of redefinition.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Business definition is not a one-time event. In fact, it is an ongoing process of evaluation and refinement to meet the changing needs of customers, markets, and technology. Without adaptation and evolution, a business is likely to become stagnant and fail over time.

Successful Business Definition Does Not Require an Ongoing Process of Redefinition