Multiple Choice
Which of the following is not a good description of a typical family business?
A) It is inevitable that conflict will arise because the family and the business have separate rules, roles and requirements.
B) Entry into a family business is by birth.
C) Family businesses provide the only location where family issues and business issues overlap.
D) The family business is a complex dual system made up of the family and the business.
E) Family businesses are always small, informal businesses run only by family members.
Correct Answer:

Verified
Correct Answer:
Verified
Q106: A family's own unique style of communication
Q107: A psychological contract is_ .<br>A) a
Q108: What is business continuity?
Q109: To promote business continuity, governance should primarily
Q110: What is a span of control?
Q111: The founders of family businesses create organizations
Q112: The organizational structure of a family business
Q113: How is centralization linked to job satisfaction?
Q115: Unity of command states that_ _.<br>A) every
Q116: Credibility and reputation are the most valuable