Core Competencies Are Good Candidates for Outsourcing

question 76

True/False

Core competencies are good candidates for outsourcing.

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Definitions:

Preferred Shareholders

Investors holding shares that give them priority over common shareholders in terms of dividends and asset distribution.

Voting Rights

The entitlement of shareholders or members of an entity to vote on important matters concerning the organization.

Successful Franchises

Business models that have achieved significant growth and profitability by branding and licensing out their operations, products, or services to franchisees.

Expansion Opportunities

Opportunities for a business to grow, either through entering new markets, increasing product lines, or acquiring other businesses.