The involvement of relatives in a family-owned business should always be based on the family status of the person.

Question

Quizplus · Accepted Answer

The involvement of relatives in a family-owned business should be based on their skills, qualifications, and ability to contribute to the success of the business, rather than solely on their family status. It is important to maintain a merit-based approach in hiring and promoting family members in order to ensure the long-term success and sustainability of the business.

The Involvement of Relatives in a Family-Owned Business Should Always