Which of the following is NOT a characteristic of an enduring family business?

Question

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Enduring family businesses typically emphasize harmony, commitment to legacy, and offering products that cater to basic human needs. Forcing values and traditions on the next generation is not considered a positive or necessary characteristic for the longevity or success of a family business. Successful family businesses often encourage the next generation to bring their own values and innovations to the business while respecting its heritage.

Which of the Following Is NOT a Characteristic of an Enduring