Examlex
In response to a surplus the market price of a good will fall; as the price falls, the quantity demanded will increase and quantity supplied will decrease until equilibrium is reached.
Leadership
The act of guiding, directing, or influencing followers and orchestrating strategies to achieve a common goal.
Family Business
A business owned and controlled by members of a family.
Succession Plan
A plan for how a firm’s leadership transition and related financial matters will be handled.
Ownership Transfer
The legal process of transferring the title of property, assets, or business from one entity or individual to another.
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