In a Recent Survey, Family Businesses Had No Formal Succession

question 11

Multiple Choice

In a recent survey, family businesses had no formal succession plans.

• A) very few
• B) less than 25 percent of well-established
• C) second generation
• D) 80 percent of

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Definitions:

Journals

Periodical publications that focus on specific academic fields or areas of interest, featuring articles, studies, and research findings by experts.

Informal Assessment

An evaluative or observational approach that is typically unstructured and does not rely on standardized tests, focusing instead on performance in real-life tasks.

Assessment Instruments

Tools or methods used to evaluate, measure, or assess specific attributes, skills, or knowledge in an individual or group.

Feeling Word Checklist

A type of classification method that allows an individual to identify those words that best describe kinds of feelings an individual might typically or atypically exhibit.