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Name four parental concerns with passing on the business to the next generation.
Biologically Emotionally Directed
Influenced or guided by innate biological factors and emotional responses, rather than purely rational decision-making.
Strong Leaders
Individuals who exhibit decisiveness, vision, and the ability to inspire and guide groups towards achieving goals and overcoming challenges.
Theoretical Perspective
A set of assumptions about reality that inform the questions we ask and the kinds of answers we arrive at as researchers or theorists.
Paid Labour Force
Individuals who work for a salary or wages, contributing to economic production or services in exchange for financial compensation.
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