When considering a successor,an entrepreneur should consider taking the following actions:

Question

Quizplus · Accepted Answer

It is important for an entrepreneur to give their family members the freedom to choose whether or not they want to join the business on a full-time basis. This can help avoid any potential conflicts and ensure that the successor is truly committed to the business.

B) and C) are not the best choices as assuming a successor must come from within the family and not giving family members the opportunity to work outside the business can limit the pool of potential candidates and may not lead to the best fit for the business.

When Considering a Successor,an Entrepreneur Should Consider Taking the Following