One Disadvantage of the Creation of a Family-Owned Entity Is

question 9

True/False

One disadvantage of the creation of a family-owned entity is that there is dilution of control with respect to the original business owners.

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Definitions:

VisiCalc

The first spreadsheet computer program for personal computers, which prompted the growth of the home computer as a business tool through its financial modeling capabilities.

Operating System

A program that controls computer hardware and software assets, offering universal services for various computer applications.

IBM PCs

A reference to the series of personal computers released by IBM starting in 1981, which set the standard for PC architecture.

1980

A year marked by significant events, both culturally and historically, including the eruption of Mount St. Helens and the release of the video game Pac-Man.