Examlex
Given the following syllogism: This syllogism:
Business Expertise
The specialized knowledge or skills in managing and operating a business efficiently and effectively.
Family Business
A commercial organization in which decision-making is influenced by multiple generations of a family related by blood or marriage who are closely involved with its operations.
Necessity-based Entrepreneurship
Entrepreneurial activities initiated out of a need, often due to lack of employment opportunities, rather than a pure desire to pursue an opportunity.
Family Businesses
Companies owned and managed by one or more family members, often passed down through generations.
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