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.

Question

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One of the best practices for a family firm is to prioritize meritocracy over family ties and promote employees based on their skills and qualifications. This ensures that the most capable individuals are put into positions of leadership and responsibility, which is essential for the success of the business. It also helps to prevent resentment and discord among non-family employees, who may feel unfairly passed over for promotions in favor of less-qualified family members.

One of the "Best Practices" for the Family Firm Is