One of the "best practices" for the family firm is to promote family members above other, more skilled employees, so that the workers will understand who is really in charge.
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Q4: A family business involving two or more
Q5: Even if family members lack the capability
Q14: Nonfamily employees in a family business may
Q16: When hiring non-family employees it is only
Q17: One weakness of a family business is
Q18: Many publicly traded companies have policies against
Q20: One advantage of a family business is
Q21: In the U.S., family businesses are estimated
Q25: The process of preparing a successor for
Q33: Bequeathing equal shares of ownership to children
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