FUND  ACCOUNTING PRINCIPLES CONNECT
FUND ACCOUNTING PRINCIPLES CONNECT
25th Edition
ISBN: 9781265342395
Author: Wild
Publisher: MCG
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Chapter D, Problem 1DQ
To determine

Lean Business Model:

Lean business model is associated with the minimization of wastes, which results into lower use of resources for satisfying demands of customers. In other words we can say that lean business model focus on the minimization of wastes (costs) and improvement in productivity so that firm can survive in the competitive business environment.

To Explain:

What are the three key principles of lean business model?

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