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Characteristics of a Typical Family Business Include All of the Following

Question 51

Multiple Choice

Characteristics of a typical family business include all of the following except______ .


A) If the family business stops growing, then the overlap of family, management, and ownership will leave the business helpless during succession.
B) The unique competitive advantage that a family business can gain if the family members remain unified.
C) The family members themselves, with all they have to offer the business.
D) The dream of the owner to ensure the business remains in the family and a strong will to continue from one generation to another.
E) The willingness of the business to use its financial resources for entrepreneurial activities.

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