One of the most common problems for a founder in passing the business on to a son or daughter is
A) introducing the child to outsiders such as bankers.
B) finding a suitable position for the son or daughter within the business.
C) arranging the transition from part-time to full-time employment.
D) deciding whether the child has the necessary temperament and ability.

Question

Quizplus · Accepted Answer

The most common problem for a founder in passing the business on to a son or daughter is deciding whether the child has the necessary temperament and ability. It's important to ensure that the child has the right skills and aptitude to run the business successfully. Other issues like introducing the child to outsiders, finding a suitable position, and arranging the transition from part-time to full-time employment can be managed with proper planning and communication.

One of the Most Common Problems for a Founder in Passing