It Is Likely That Over the Next Century ______

question 20

Multiple Choice

It is likely that over the next century ______ .

• A) family businesses will decrease in number as they are bought out by multinational corporations.
• B) succession planning for family businesses will be much less of a challenge.
• C) family businesses will find it harder to be successful in the competitive environment.
• D) family businesses will continue to play a great role in world economies.
• E) family businesses will resolve most of their current disadvantages.

---

Definitions:

Perception Of Reality

How individuals interpret the world around them, which can differ significantly from person to person based on experiences and beliefs.

Previous Experiences

The events or activities that an individual has encountered or participated in before the present time, often influencing current behavior or decisions.

Viewpoints

Perspectives or angles from which individuals consider or evaluate an issue or topic.

Induction

The process of introducing a new employee to their job and the organization, involving training and orientation.