A common problem for a founder in passing the business on to a daughter or son 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) giving little thought to the child's talent, aptitude, and temperament.

Question

Quizplus · Accepted Answer

The most common problem for a founder in passing the business on to a daughter or son is giving little thought to the child's talent, aptitude, and temperament. It is important to ensure that the child is both willing and able to take on the responsibilities of running the business before making any decisions about succession.

A Common Problem for a Founder in Passing the Business