Which of the following is NOT true?
A) Cultural competence is important when hiring an outside manager.
B) Professional managers are not always prepared to deal with the special nature of family-owned businesses
C) Nonfamily members are typically not offered stock opportunities if and when the company goes public.
D) The absence of an employment policy can result in the business ending up with more employees than it needs.
E) There are no rules that dictate the content of a family business employment policy.
Correct Answer:
Verified
Q73: Which of the following should be done
Q74: Which of the following is NOT true?
A)
Q75: Family businesses account for _ of the
Q76: Which of the following was NOT identified
Q77: Each of the following is likely to
Q79: Which of the following is NOT a
Q80: What percentage of all family businesses makes
Q81: The _ of a family business is
Q82: The potential for _ conflict is greater
Q83: _ conflict can be beneficial to a
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