1. Growing and Evolving Family Business
The model describes the family business system as three independent subsystems; ownership, business and family (Gersick 1997, pp.6) (See Appendix A). ... Another dimension is family which encourages family members to enter the business and pass the business to next generations. ... Family Issues In the family business cycle one of the most important issues that family members need to address is how to deal with the change within the family business. ... In the article "Transfer of the family owned business", is described that to move the business into the next leve...
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- Approx Pages: 5
- Grade Level: High School