Within a Family Business, Credibility and Reputation Can Be Described

question 84

Multiple Choice

Within a family business, credibility and reputation can be described as______ .

• A) the most valuable asset that the family business can hold
• B) the main reason for success until the name is changed to a professional name
• C) replacements for structured management systems
• D) the primary way to resolve inter-generational conflicts
• E) all of the above

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Definitions:

Deferred Compensation

A portion of an employee's compensation that is set aside to be paid out at a later date, often used as a retirement benefit.

Treasury Stock

Shares of a company’s own stock that it has reacquired from shareholders but not retired, listed as a contra equity account on the balance sheet.

Common Stock Optionwarrants

Equity derivatives that give the holder the right to purchase common stock at a specified price within a certain time period.

Unrealized Increase

The potential gain in the value of an investment that has not yet been sold and thus not yet converted into actual profit.