Examlex
A professor's rank (assistant, associate, and full), as well as salary, represent ordinal data.
Enterprising Family
A family that engages collectively in entrepreneurial activities, often leading to the creation or management of family businesses over generations.
Financial Expertise
The knowledge and skills related to managing finances, including investment, analysis, and strategic financial planning.
Long-Term Planning
The process of setting goals and outlining strategies to achieve them over an extended period, typically several years.
Existing Family Company
A business that is owned and operated by members of the same family, often passed down through generations.
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