How Long Does the Process of Preparing a Family Successor

question 27

Multiple Choice

How long does the process of preparing a family successor for leadership in the family business customarily take?

• A) weeks
• B) months
• C) two or three years
• D) a decade or longer

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Definitions:

Parental Conflict

Disagreements or disputes between parents, which can also involve tension and opposition.

Financial Hardship

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Certifications presented by colleges or universities acknowledging the completion of a course of study in a specific field or discipline.

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