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Explain the four important phases of brain development.
Family Ownership Group
A business organization where the majority of control and ownership lies within a single family, often passed down through generations.
Formal Investment Criteria
The specific guidelines or standards used by investors to evaluate potential investment opportunities.
Family Cash Investments
Funds invested by family members in a business or venture, often characterized by a more personal or relational investment criteria.
Transgenerational Entrepreneurship
Entrepreneurial activities and mindsets that are passed down through family generations, involving succession in family businesses.
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