All of the Following Are Advantages of Using an External

question 10

Multiple Choice

All of the following are advantages of using an external rather than an internal PR provider EXCEPT:

• A)greater objectivity of perspective
• B)lower cost
• C)greater ability to come up with fresh ideas
• D)prestige can come from being associated with respected PR firm
• E)wider variety of services

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Definitions:

Enterprising Family

A family that engages collectively in entrepreneurial activities, often leading to the creation or management of family businesses over generations.

Financial Expertise

The knowledge and skills related to managing finances, including investment, analysis, and strategic financial planning.

Long-Term Planning

The process of setting goals and outlining strategies to achieve them over an extended period, typically several years.

Existing Family Company

A business that is owned and operated by members of the same family, often passed down through generations.