When One Company Sells Part of Its Existing Business Operations

question 99

Short Answer

When one company sells part of its existing business operations to another company, this is called
outsourcing.
intense competition.
a spinoff.
a divestiture.
a strategic alliance.

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Definitions:

Good Job

A commendation for performance that meets or exceeds expectations, often implying satisfaction with the work done.

Fixed-Ratio

A schedule of reinforcement where a response is rewarded only after a specified number of responses, leading to a high and steady rate of response.

Piecework

A type of employment where a worker is paid a fixed rate for each unit produced or action completed, rather than receiving an hourly or annual salary.

Commission

A fee or percentage allowed to a salesperson or agent for services rendered, often a percentage of the sale made.