Which of the Following Is NOT True

question 28

Multiple Choice

Which of the following is NOT true?

• A) Cultural competence is important when hiring an outside manager.
• B) Professional managers are not always prepared to deal with the special nature of family-owned businesses
• C) Nonfamily members are typically not offered stock opportunities if and when the company goes public.
• D) The absence of an employment policy can result in the business ending up with more employees than it needs.
• E) There are no rules that dictate the content of a family business employment policy.

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Definitions:

Religious Beliefs

Refers to the specific fundamental principles and convictions held by individuals or groups regarding spirituality, morality, and understanding of the divine.

Superordinate Goals

Superordinate goals are shared goals that require the cooperation of two or more individuals or groups to achieve, which can reduce conflict and increase collaboration.

Water Supply

The provision of water by public utilities, commercial organisations, or other entities to meet the water needs of the public and the environment.

Social Relationships

Connections or affiliations between two or more individuals that can influence social behavior and interactions.