According to Peter Drucker, which of the following is true with respect to managing a family business?
A) Mediocre performance by family members employed in the company may be tolerated.
B) The business should be aggressively managed.
C) The business should not hire family members, despite good qualifications.
D) Someone outside the family and the business should help plan succession.
E) The business should "go public" as soon as possible.
Correct Answer:
Verified
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