Which of the following is a guideline that should be followed in a family business?
A) to be hired, family members must meet more stringent criteria than nonfamily members
B) family members should be supervised by older family members whenever possible
C) family members should stay in entry-level positions indefinitely
D) family members must meet the same standards as nonfamily members in performance reviews

Question

Quizplus · Accepted Answer

Family members in a family business should be held to the same performance standards as nonfamily members to ensure fairness and maintain professional integrity within the business. This approach helps in avoiding nepotism and promotes a culture of meritocracy.

Which of the Following Is a Guideline That Should Be