Research Has Shown That the Biggest Concern Expressed by Owners

question 27

True/False

Research has shown that the biggest concern expressed by owners of family businesses about retaining family management is the fear there will be a lack of innovation on the part of successors.

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Definitions:

Generations

Groups of individuals, most often within a society, who are born and live around the same time, sharing similar cultural experiences, values, and attitudes.

Industrial/Organizational Psychologist

A professional who applies psychological principles and research methods to the workplace to improve productivity and employee wellbeing.

Productivity

The efficiency at which individuals, companies, or economies produce goods and services, measured by the output per unit of input.

Clinical

Pertaining to the observation and treatment of actual patients rather than theoretical or laboratory studies.