One of the principal advantages of a family business is
A) increased potential for unity of purpose and action between owners and management
B) the succession plan for family members
C) a core set of values
D) the products and services the business provides
E) none of the above

Question

Quizplus · Accepted Answer

One of the principal advantages of a family business is the potential for unity of purpose and action between owners and management. This is because family members often share a common vision and set of values, which can lead to greater harmony and alignment within the business.

One of the Principal Advantages of a Family Business Is