Focusing on recent news, take a look at what three or four CSOs have been saying about the TOMS 'one-for-one' business model? DO they broadly align with the 'compassion for fashion' argument, or do they see TOMS as 'perpetuating poverty'?

Focusing on recent news, take a look at what three or four CSOs have been saying about the TOMS 'one-for-one' business model? DO they broadly align with the 'compassion for fashion' argument, or do they see TOMS as 'perpetuating poverty'?

Management, Loose-Leaf Version

13th Edition

ISBN:9781305969308

Author:Richard L. Daft

Publisher:Richard L. Daft

Chapter5: Managing Ethics And Social Responsibility

Section: Chapter Questions

Problem 1EE

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Venture Development Process

To create a startup company around a licensed university technology is referred to as venture development. A venture development firm can assist entrepreneurs in identifying and developing a prospective commercialization strategy, be an incubator, test target market assumptions, recruit university and non-university innovative resources and talented team members, and obtain early-stage finance. Commercialization grants, internal and external small business owners, governmental and local finance systems, and private funds are all possible sources of funding. This activity, when combined with strong intellectual property resources, accelerates early commercialization efforts and better prepares university-affiliated business owners for other types of funding.

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