A Disadvantage of Organizing a Family Business into a Corporation

question 50

Multiple Choice

A disadvantage of organizing a family business into a corporation and hiring professional managers is the:

• A) concentration of power in small cliques.
• B) unfair treatment of employees.
• C) loss of family time for other purposes.
• D) increasing friction between family members.

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Definitions:

Discrimination

Unjust treatment of different categories of people or things, especially on the grounds of race, age, or sex.

Employment

The state of having a paid job or profession, contributing one's labor in exchange for compensation.

Just Society

A community governed by fairness, equality, and justice, where all members have equal rights, opportunities, and treatment.

Women

Mature female humans.