Problems may arise if there are several children who want to take over a company from the parents because
A) hurt feelings may develop when the parent chooses one child as manager over the others.
B) only one child should work in the business.
C) only one should know the true financial picture of the company.
D) all of the above
Correct Answer:
Verified
Q49: If children work outside the family business
Q50: The two strategies for children entering a
Q51: Most experts advise that family members should
Q52: Most experts advise that family members
A) should
Q53: A succession plan for a family business
Q55: If all of the children in a
Q56: A succession plan for a family business
Q57: An entrepreneur's plans regarding succession
A) should only
Q58: A clear succession plan helps the entrepreneur's
Q59: A meeting of family members to discuss
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