All the Following Statements About Family Businesses Are Accurate except

question 15

Multiple Choice

All the following statements about family businesses are accurate except

• A) are responsible for creating 78% of the new jobs in the United States.
• B) are often impacted by intergenerational conflicts between family members.
• C) over 50% of family businesses survive to the second (next) generation.
• D) epresent the largest percentage of businesses operating worldwide.
• E) provide 60% of all jobs in the United States.

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Definitions:

Competencies Acquisition

The process of gaining or developing skills, knowledge, or abilities necessary for effective performance in a job or task.

Personally Accountable

Taking responsibility for one's actions and their outcomes without blaming others.

Six Sigma

A set of techniques and tools for process improvement aimed at reducing defects and improving quality, originally developed by Motorola in 1986.

Statistical Analysis

The process of collecting, reviewing, and interpreting data to discover patterns and trends.