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Your Family Business Operates a Chain of Cafés and Restaurants

Question 15

Multiple Choice

Your family business operates a chain of cafés and restaurants across three cities. Your uncle has been the company CEO for the last 20 years, and has announced he is planning to retire next year. He discusses his concerns with you.
-You talk to him about your knowledge of business continuity, which you explain as being______ .


A) the evolution of the company mission
B) the ability of a business to continue during and after a setback
C) the sale of the family business to a public company
D) the early identification of a named successor
E) a set pattern dictating the transfer of responsibility, e.g. to the eldest son

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