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Participative leadership works best in crisis strategic change situations because the situation requires better problem definition.
Family Member
An individual who is related to another by birth, adoption, or marriage, and holds a specific familial role such as parent, sibling, or spouse.
Nonfamily Employees
Employees who are not relatives or members of the business owner's family, hired to perform tasks and roles within an organization.
Financial Condition
The overall health of an organization's finances, including its assets, liabilities, and equity.
Major Considerations
The key factors or important aspects that need to be carefully thought about or taken into account in decision-making processes.
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