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Harold's Father Owns a Plumbing Business, Which Harold Will Likely

Question 47

Multiple Choice

Harold's father owns a plumbing business, which Harold will likely take over. However, Harold needs to know the problems that beset family businesses. Which of the following is not a problem in a family business?


A) Untrained and uneducated family members as personnel
B) Failure to respond to changing market conditions
C) Choosing an appropriate successor
D) Consistent under-financing
E) Disagreement among family members about the future of the business

Correct Answer:

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