Your Family Business Operates a Chain of Cafés and Restaurants

question 25

Multiple Choice

Your family business operates a chain of cafés and restaurants across three cities. Your uncle has been the company CEO for the last 20 years, and has announced he is planning to retire next year. He discusses his concerns with you.
-He is aware that family businesses can fail to achieve a smooth transition between generations for all of the following reasons except______ .

• A) the founder may find it difficult to release control
• B) rivalry may exist between siblings
• C) parents may put pressure on the younger generation without considering their feelings
• D) the company lacks a clear organizational structure
• E) the children may not be interested in the family business

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Definitions:

Animal Learning

The process by which animals acquire new behaviors or information through experience, which can include conditioning, imitation, and problem-solving.

Human Thought Processes

The mental activities involved in understanding, processing, and conveying information, including perception, memory, judgment, and reasoning.

Behaviorist

A psychologist or researcher who studies behavior through the analysis of observable actions, often emphasizing environmental influences over genetic factors.

Classical Conditioning

A training method where two stimuli are consistently linked together; initially, the response is triggered by the second stimulus but over time, the first stimulus alone can provoke the same response.