Discuss how a lean plan allows you the flexibility to change course if something is not working
Question:
Discuss how a lean plan allows you the flexibility to change course if something is not working for your business.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (2 reviews)
A lean plan is a type of business plan that focuses on the most important aspects of your business such as your value proposition target market and ma...View the full answer
Answered By
Ajay Negi
Hi, I've completed my degree in engineering (Information Technology) from an NIT. Currently working as a software engineer. Wish to impart quality education to the future generation.
5.00+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Write a project management plan. we have a template and project description. we need to edit the template(table of contents) with our own ideas. CPSC 8820-01 Project Management Plan Your Unique...
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
Read the case study "Southwest Airlines," found in Part 2 of your textbook. Review the "Guide to Case Analysis" found on pp. CA1 - CA11 of your textbook. (This guide follows the last case in the...
-
What is meant by budgetary control?
-
Why do you think that some legislators consider the six-part voluntary labeling system for video games insufficient to protect minors? Just about any product that you purchase in the physical world...
-
What elements of motivating jobs has Google put into place, according to this description? Name a few other elements that might be appropriate at Google.
-
The landing speed of a winged aircraft such as the Space Shuttle is dependent on the air density. By what percent must the landing speed be increased on a day when the temperature is \(110^{\circ}...
-
The Escargot is a small French restaurant with 6 waiters and waitresses. The average service time at the restaurant for a table (of any size) is 80 minutes (exponentially distributed). The restaurant...
-
Retained Earnings Date May 31 Dividends Date PR Debit Account Number 318 Credit Salaries Expense Account Number 622 Balance Date PR Debit Credit Balance G2 83,000 May 31 G2 41,500 PR Debit Account...
-
What is a lean plan and what are its components?
-
What percentage of US businesses are minority owned?
-
In 2014, a space probe approached the rocky core of the comet ChuryumovGerasimenko, which is only a few km in diameter. The probe then entered orbit around the comet at a distance of 30 km. The comet...
-
What is a zero-day vulnerability, and why is it a significant security concern? Discuss the common methods used to detect and mitigate these vulnerabilities in a production environment .
-
Discuss the gender wage gap. What are current estimates in the United States and what are some potential reasons for the wage gap?
-
Timekeeper Inc. manufactures clocks on a highly automated assembly line. Its costing system uses two cost categories, direct materials and conversion costs. Each product must pass through the...
-
Lily graduated from UCSD in 2015. Right now she has an excellent job with a take-home income (after taxes) of $5,000 a month. The following is her financial situation: 1. She is single and shares an...
-
On January 1, 2025, Paxton Planning Services issued $56,000 of 2% bonds that mature in five years. They were issued at face value. The bonds pay annual interest payments on December 31 of each year...
-
The file P10_05.xlsx contains salaries for a sample of DataCom employees, along with several variables that might be related to salary. Run a multiple regression of Salary versus Years Employed,...
-
1. As a general strategy, would you recommend that Carl take an aggressive approach to capacity expansion or more of a wait-and-see approach? 2. Should Carl go with the option for one facility that...
-
The following intangible assets were purchased by Hanna Unlimited: A. A patent with a remaining legal life of twelve years is bought, and Hanna expects to be able to use it for six years. It is...
-
What is goodwill, and what are the unique aspects of accounting for it?
-
How are intangible assets with an indefinite life treated? A. They are depreciated. B. They are amortized. C. They are depleted. D. They are tested yearly for impairment.
-
1. Complete the Transformational Leadership Survey with 18 questions. 2. Tally your scores in each area as directed. (I scored a 7 in vision and a 10 in charisma). Respond to each of the following...
-
Read this case study from PMI. https://www.pmi.org/-/media/pmi/documents/public/pdf/case-study/pmi-saudi-aramco-case-study.pdf?rev=51670cb2912c487bb97d80b8827bba93&sc_lang_tem Answer the following 1....
-
Identify two significant concepts you have learned from each course You must have at least 6 courses with 12 total concepts. Identify the course in a heading, describe each concept, and explain why...
Study smarter with the SolutionInn App