In succession planning, family businesses should do all the following except
A) set up the succession plan well in advance of the need to use it.
B) use entrepreneurial consultants in establishing the succession plan.
C) share the succession plan with all who are affected by it and make sure that they understand it.
D) identify the leadership successor well ahead of time.
E) prepare the leadership successor through training and experience to assume the new role when needed.
Correct Answer:
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