Which actions a family should consider in order to avoid problems associated with conflicting values and goals?

Question

Quizplus · Accepted Answer

None of the options listed are the best course of action for avoiding problems associated with conflicting values and goals in a family business. Instead, families should consider establishing formal processes for communication, decision-making, and conflict resolution. This can include regular family meetings, creating a family mission statement, developing a succession plan, and establishing clear roles and responsibilities for family members involved in the business. It's also important to encourage open communication and respect for each other's ideas and opinions.

Which Actions a Family Should Consider in Order to Avoid