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In Addition to All of the Normal Operational Challenges of Small

question 48

Short Answer

In addition to all of the normal operational challenges of small business,when you decide to go into business with siblings,parents,or relatives,you also face the possibility of __________ developing over the multiple relationships and issues that exist outside of the business,complicating the business relationships as well.


Definitions:

Certain Environments

Provide full information on the expected results for decision-making alternatives.

Probabilities

The likelihood or chance that a particular event or outcome will occur, often expressed as a percentage or ratio.

Intuition

Intuition refers to understanding or knowing something without conscious reasoning; an immediate insight.

Flexibility

The ability to adapt or adjust to new conditions or circumstances without difficulty.

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