Sofor Designs is a successful firm that has been through many difficulties.When it first opened, the firm was financially unstable, but the employees agreed to work on partial salaries.The employees are also very loyal to the founder, and they always agree to work long hours during holiday seasons to maximize on increased customer traffic.Sofor Designs' characteristics are typical of ________.

Question

Quizplus · Accepted Answer

Sofor Designs exhibits characteristics typical of family businesses, such as financial instability at the beginning, employee loyalty, and willingness to work for partial salaries and extra hours, especially during critical periods like holiday seasons. These traits are often found in family-run businesses where personal relationships and commitment to the business's success are strong.

Sofor Designs Is a Successful Firm That Has Been Through