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As a Succession Strategy, Hiring Someone from Outside to Manage

Question 87

Multiple Choice

As a succession strategy, hiring someone from outside to manage the business until a family memberis eventually ready to take over may produce conflict due to __________.


A) incompatibility with the owners
B) willingness of the manager to work with no promise of equity in the business
C) poorly defined roles and responsibilities for the position
D) incompatibility with the owners and willingness of the manager to work with no promise of equity in the business
E) All of the answers are correct.

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