Chipper,the Only Grandchild of the Founder of a Successful Commercial

Multiple Choice

Chipper,the only grandchild of the founder of a successful commercial construction firm has just graduated from a noted university with a Ph.D.in zoology.Chipper is taking a year's research fellowship at the San Diego Zoo to study tiger genetics.The top management positions in the firm have been held by family members since 1911.Chipper's father,a civil engineer,is the present CEO.He is 72 and has recently had heart surgery.The firm usually generates about $300 million in government bridge highway projects per year.Which of the following statements is FALSE?

A) This business has a succession problem.
B) Years ago, this firm should have focused on attracting and retaining outsiders with key capabilities.
C) A SWOT analysis would reveal lack of talent in the pipeline as a threat.
D) It is time for Chipper to get serious and fulfill his family responsibilities.