History has shown that family firms are more successful when:

Question

Quizplus · Accepted Answer

History has shown that family firms are more successful when the business is seen as a long-term trust of the family. This helps to ensure that the business is managed with a long-term perspective, which is more sustainable and less likely to focus solely on short-term financial gains. Loyalty and personal issues should not be given priority over the success and stability of the business.

History Has Shown That Family Firms Are More Successful When