An Advantage of Family-Owned Businesses Is That Succession Planning Is

question 150

True/False

An advantage of family-owned businesses is that succession planning is unnecessary if the founder has children and/or grandchildren.

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Definitions:

Cross-Cultural Differences

The variations in practices, norms, and values observed among individuals from different cultural backgrounds.

Blaming The Victim

A phenomenon where the victim of a crime, accident, or any type of abusive maltreatment is held entirely or partially at fault for the incident.

Harassment

Behavior directed at an individual or group that is intimidating, offensive, or demeaning.

Causal Attributions

The process of inferring the causes of events or behaviors, which can influence individuals' understanding of their own and others' actions.