Contrast a Lineage with a Clan

question 31

Essay

Contrast a lineage with a clan.Name at least 3 differences.

Understand the role of emotions such as guilt, self-criticism, and self-satisfaction in entrepreneurial success.

Describe the impact of self-efficacy on taking steps towards success.

Discuss the barriers to creativity and how fear and mindset can influence it.

Explain the concept and benefits of natural reward strategies in maintaining motivation.

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Definitions:

Foreign Subsidiaries

Companies owned or controlled by another company, often located in a different country than the parent corporation.

Multinational Corporation

A company that operates in several countries but has its headquarters in one country.

Foreign Direct Investment

Investment by a company or individual in one country in business interests in another country, in the form of either establishing business operations or acquiring business assets.

Insourcing

involves bringing processes or services back in-house, which were previously outsourced to external companies.