Jim,the Founder of a Family Business Specializing in Real Estate,is

question 23

Multiple Choice

Jim,the founder of a family business specializing in real estate,is contemplating turning the business over to his five children.One possibility,the founder believes,is to divide ownership equally among the children.This action would:

• A)be next to impossible as gaining consensus from that many people is difficult.
• B)be inherently unfair if any of the children work in the company.
• C)potentially hinder the future functioning of the business.
• D)require a possible change in corporate structure since the company deals in real estate.

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Definitions:

Defence Mechanisms

Psychological strategies brought into play by the unconscious mind to manipulate, deny, or distort reality in order to defend against feelings of anxiety or unacceptable impulses.

The Unconscious

A part of the mind that houses memories, desires, and feelings that are not within conscious awareness.

Childhood Experiences

Events, interactions, and relationships during early years of life that significantly influence one's development and personality.

Individual Psychology

A psychological theory and therapy approach focusing on the uniqueness of each person and the importance of social context in personality development, introduced by Alfred Adler.