Which of the Following Businesses Requires a Stake in the Company

question 57

Multiple Choice

Which of the following businesses requires a stake in the company and is good for brainstorming with other entrepreneurs?

• A) Empowerment zone
• B) Manufacturing business
• C) Remote location service
• D) Business incubator

Evaluate the implications of outsourcing on employee morale, confidentiality issues, and the safeguarding of competitive advantage.

Distinguish between core and non-core functions and their suitability for outsourcing.

Comprehend the process of selecting an outsourcing partner, including the importance of reference checks and quality assurance.

Understand the concept of competencies as sources of competitive advantage and how outsourcing affects organizational competencies.

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Definitions:

Polygamous Family

A family consisting of one man, several wives, and their children.

Blended Family

A family unit composed of a couple and their children from this and all previous relationships.

Adoptive Family

A family where one or more children have been legally adopted, providing a permanent home and family relationship.

Family Function

The various operations and interactions within a family system, including emotional support, communication, and problem solving.