Human resource management is not as important in family businesses.

Name: Human resource management is not as important in family businesses.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Human resource management is equally or even more important in family businesses as the dynamics of such businesses are unique and require specialized attention. Effective HR management can help in resolving family conflicts, attracting and retaining talent, and ensuring a smooth succession plan.

Human Resource Management Is Not as Important in Family Businesses