To Avoid a Stifling Atmosphere for Nonfamily Employees in a Family

question 65

Multiple Choice

To avoid a stifling atmosphere for nonfamily employees in a family business,the owner should:

• A)promote only nonfamily members.
• B)avoid all special consideration for family members.
• C)make clear the extent of opportunity for nonfamily members.
• D)minimize discussion about future management changes.

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Definitions:

Demographic Transition Theory

A theory that describes the transition from high birth and death rates to low birth and death rates as a country develops from a pre-industrial to an industrialized economic system.

Population Dynamics

The study of how and why the number of individuals in a population changes over time and space.

Industrialization

The process of transforming economies from primarily agricultural to one based on the manufacturing of goods, involving technological innovation and the development of large-scale industrial production.

Human Ecology

A multidisciplinary field that studies the relationship between humans and their natural, social, and built environments.