Difference between revisions of "Multiplication"

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(Created page with "In The Personal MBA a ''multiplication'' is defined to be Duplication for a whole process or System. Multiplication is what sep...")
 
(Replaced content with "Multiplication Category:mbi Category:Term Category:The Personal MBA")
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In [[The Personal MBA|The Personal MBA]] a ''multiplication'' is defined to be [[Duplication|Duplication]] for a whole process or [[System|System]]. Multiplication is what separates small business from large business. Successful companies for multiplication are Ikea, McDonalds and Walmart.
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Multiplication
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=Key Points:=
 
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* Multiplication is duplication for an entire process or system.
 
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* There’s an upper limit on what a single business can produce. By creating identical business systems based on a proven model, a business can deliver value to more customers.
 
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* Multiplication is what separates small businesses from huge businesses.
 
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=Questions for Consideration:=
 
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* Can your business multiply as well as [[Duplication|duplicate]]?
 
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* How could you take advantage of multiplication to serve more customers?
 
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Source: http://book.personalmba.com/multiplication/
 
 
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Revision as of 19:20, 27 August 2020

Multiplication

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