Two principles of success for family-owned businesses are:
A) meet regularly to discuss financial details of the business with family members who are involved in the business and use capable managers even if they are not family.
B) clarify the objectives of the business and make sure that suppliers deal only with family members.
C) remember that family comes first and roles should be clearly defined.
D) recognize the importance of objectivity and provide incentives for non-family employees.
Correct Answer:
Verified
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