In-Laws Not Working in the Family Business May Have a Bad

question 10

True/False

In-laws not working in the family business may have a bad attitude about the company because of only hearing one side of an argument.

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Definitions:

Management Needs

The specific requirements or resources that managers need to effectively run an organization or team, including personnel, technology, and information.

Conglomerate

A large corporation composed of a number of different companies or divisions operating in varied industries.

Vertical Merger

The combination of two or more companies that operate at different levels within the same supply chain or industry.

Consolidation

The joining of two or more organizations to form a new organization.