Define the Term "Family Business" and Use Examples to Show

question 22

Essay

Define the term "family business" and use examples to show that this could cover a wide assortment of ownership and employment arrangements.

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Definitions:

Total Marriage

The partners participate in each other’s lives at all levels and have little tension or unresolved hostility.

Tension

A state of mental or emotional strain resulting from challenging or demanding circumstances.

Projects

Planned sets of interrelated tasks to be executed over a fixed period and within certain cost and other limitations.

LAT Relationships

Stands for Living Apart Together, describing couples who are in a committed relationship but choose to live in separate residences.