A "best practices" for the family firm is to promote family members above other, more skilled employees, so that the workers will understand who is in charge.

Question

Quizplus · Accepted Answer

It is not a best practice to prioritize family members over more skilled employees as it can lead to resentment and a lack of motivation among non-family members. Instead, family firms should prioritize merit-based promotions and development opportunities for all employees to ensure a fair and engaged workforce.

A "Best Practices" for the Family Firm Is to Promote