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The CEO of MindWerks Must Understand the Industry in Which

question 30

Multiple Choice

The CEO of MindWerks must understand the industry in which his business competes, the future of that industry, and the competition. This requires strong ________ skills.

Understand the concept and purposes of cooperative business organizations.
Recognize the characteristics and function of joint stock companies.
Explain the features and legal implications of various business combinations such as business trusts, joint ventures, and incorporated cooperatives.
Identify the role and implications of syndicates in purchasing professional franchises.

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