Your Family Business Operates a Chain of Cafés and Restaurants

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.
-He is aware that family businesses can fail to achieve a smooth transition between generations for all of the following reasons except______ .

A) the founder may find it difficult to release control
B) rivalry may exist between siblings
C) parents may put pressure on the younger generation without considering their feelings
D) the company lacks a clear organizational structure
E) the children may not be interested in the family business