Which of the following is true as an advantage of businesses run by a group of tight-knit family members?

Question

Quizplus · Accepted Answer

Communication-based integration is most effective in family-owned businesses, as family members are typically familiar with each other's communication styles and can work together more seamlessly. Succession issues and role conflicts can still occur in family-owned businesses, and while boards may not be formally established, family members might still function as an informal board or advisory group.

Which of the Following Is True as an Advantage of Businesses