Todd and Smith Are Both General Managers at Kennith

question 72

Multiple Choice

Todd and Smith are both general managers at Kennith & Sons,their father's business.After a heart attack,their father decides to retire.He is faced with the challenge of choosing between one of his two equally capable sons to replace him in the business.Which type of problem related to family businesses,is the father facing?

• A)Family business integration
• B)Succession problem
• C)Family disagreement
• D)Role confusion
• E)Family business feud

---

Definitions:

Alone

The state of being by oneself, not accompanied by or in conjunction with others.

Post-Decisional Justification

The cognitive process of justifying one's choices after a decision has been made, often to reduce dissonance.

Discarded Alternatives

Options or solutions that are considered and then rejected during a decision-making process.

Selected Alternative

The option that has been chosen after the consideration of various possibilities in a decision-making process.