Family firms that want to survive for the long-term need to prioritize the family over the their business

Name: Family firms that want to survive for the long-term need to prioritize the family over the their business
Brand: Quizplus
Rating: 4.8 (50 reviews)

Question

Quizplus · Accepted Answer

Prioritizing the family over the business can lead to suboptimal business decisions and practices. For long-term survival, family firms need to balance the interests of the family with the needs of the business, ensuring professional management and governance practices are in place.

Family Firms That Want to Survive for the Long-Term Need