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Small Business Management Study Set 2
Quiz 5: The Family Business
In the U
Question 38
Multiple Choice
In the U.S., family businesses are estimated to represent what percentage of all enterprises? A) 50-60% B) 60-70% C) 70-80% D) 80-90%
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Related questions
Q 39
Which of the following is not an advantage of a family-owned business? A) shared social networks B) focus on the long-run C) an objective business perspective D) reduced cost of control
Q 40
The following are characteristics of the family except A) competition is valued B) a unit that balances relationships C) perpetuates traditions D) is characterized by unity
Q 41
In a family business, the interests of the family and the interests of the business are best described as A) overlapping. B) conflicting. C) coinciding. D) having no relationship with each other.
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