Match the Term to Its Definition

Multiple Choice

Match the term to its definition.
-An organization in which either the individuals who established or acquired the firm or their descendants significantly influence the strategic decisions and life course of the firm

A) co-preneurs
B) cousin consortium
C) family
D) family business
E) family business constitution
F) family council
G) family retreat
H) nepotism
I) organizational culture
J) owner-managed business
K) sibling partnership
L) socioeconomic wealth
M) transfer of ownership