False, Selection procedures that focus solely on technical talents are not necessary for high-performance businesses.
There are three main business structures: the sole proprietorship, the partnership, and the corporation. Each has advantages and drawbacks of its own. Consulting or freelancing. Starting a consulting or freelance business is the #1 fastest way to start earning money right now. This simply indicates that you are offering a service rather than a commodity, whatever you choose to call it—a one-person business or an emerging agency. Both startup and overhead expenditures are absent. A conglomerate is a corporation of several different, sometimes unrelated, businesses. In a conglomerate, one larger corporation holds a controlling interest in a number of smaller ones that operate independently and separately.
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