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The Transition of a Family-Owned Business to a Successor Can

Question 22

Multiple Choice

The transition of a family-owned business to a successor can be made easier for the former owner by:


A) devoting lesser time to hobbies and other outside activities.
B) keeping the owner engaged in a top management position.
C) narrowing his/her skills to focus on a single task.
D) handing over to the successor in phases.

Correct Answer:

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