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Match the Term to Its Definition

Question 62

Multiple Choice

Match the term to its definition.
-A business in which children of the founder become owners and managers


A) co-preneurs
B) cousin consortium
C) family
D) family business
E) family business constitution
F) family council
G) family retreat
H) nepotism
I) organizational culture
J) owner-managed business
K) sibling partnership
L) socioeconomic wealth
M) transfer of ownership

Correct Answer:

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