Lean Startup vs Traditional Business: Understanding the Key Differences

Lean Startup: Embracing Innovation and Agility The Lean Startup methodology is a modern approach to starting and growing a business. It emphasizes the importance of innovation, agility, and continuous learning. Unlike traditional businesses, which often rely on established processes and long-term planning, lean startups prioritize experimentation and iteration. One of …

Junior Company: Definition, Operation, Example

What is a Junior Company? A Junior Company is a type of student-run business that operates within a school or educational institution. It provides students with the opportunity to gain practical experience in entrepreneurship and business management. Definition and Concept A Junior Company is a simulated business that is created …