In Reaching Agreement with Yahoo! to Handle Yahoo Consumer Booking

question 24

Multiple Choice

In reaching agreement with Yahoo! to handle Yahoo consumer booking, the global distribution systems Sabre and its subsidiary Travelocity are practicing:

• A) vertical integration.
• B) strategic outsourcing.
• C) strategic alliance.
• D) horizontal integration.

Comprehend the specifics of Chapter 13 bankruptcy and its relevancy to small business owners.

Understand the legal requirements and considerations for businesses in specific industries, such as food services.

Understand the different types of business ownership forms and their characteristics.

Recognize the legal and liability differences between sole proprietorships, partnerships, and corporations.

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Definitions:

Exploratory Motives

The intrinsic drive in individuals to explore, investigate, and learn about their environment.

External Locus of Control

A belief system where individuals perceive their successes or failures as influenced by external forces beyond their control.

Decremental

Characterized by a gradual reduction or decrease in size, magnitude, or quality over time.

Internal Locus of Control

The belief that one has control over their own life and outcomes, as opposed to external forces having that control.