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When the Norwegian Dawn cruise ship pulls out of New York harbor, it has a complete, fully trained crew to feed, entertain, and care for its passengers. Managing all of these tasks is a matter of _____.
Going-Private Transactions
All publicly owned stock in a firm is replaced with complete equity ownership by a private group.
Incumbent Management
The current team or individual responsible for managing and making key decisions in an organization.
Diversification
An investment strategy that reduces risk by allocating investments among various financial instruments, industries, or other categories.
Corporate Governance
The system of rules, practices, and processes by which a firm is directed and controlled.
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