Which of the Following Is Not a Typical Family Business

question 4

Multiple Choice

Which of the following is not a typical family business problem?

• A) incompetent family members in positions of responsibility.
• B) theft of the assets by family members.
• C) battles for control among family members.
• D) attempts to use the business as a weapon in family feuds.

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Definitions:

Pharmaceutical Company

A commercial business licensed to research, develop, market, and/or distribute drugs, most commonly in the context of healthcare.

Ethnocentric Staffing Model

A staffing approach used by multinational companies that primarily uses parent country nationals to staff higher-level foreign positions.

International Business

The carrying out of trade and investment activities by firms across national borders, encompassing the management of international operations.

Host-Country Nationals

Individuals who are citizens of the country in which a foreign subsidiary is located and are employed by the subsidiary.