The new-venture process in an existing firm represents the beginning of a new organization.

Name: The new-venture process in an existing firm represents the beginning of a new organization.
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The new-venture process involves creating a new business within an existing organization, essentially starting a new organization within the framework of the existing firm. This can involve developing new products or services, entering new markets, or pursuing other growth opportunities.

The New-Venture Process in an Existing Firm Represents the Beginning