Family businesses typically evolve through three stages. These are:
A) the birth stage, the family stage and the business stage.
B) the family stage, the ownership stage and the business stage.
C) the family stage, the entrepreneurial stage, and the professional stage.
D) the family stage, the business stage and the professional stage.
E) the entrepreneurial stage, the managerial stage and the professional stage.
Correct Answer:
Verified
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