9. About 60% of small and medium-sized businesses are family-owned. A TEC International Inc. survey asked the
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9. About 60% of small and medium-sized businesses are family-owned. A TEC International Inc. survey asked the chief executive officers (CEOs) of family-owned businesses how they became the CEO (The Wall Street Journal, December 16, 2003). Responses were that the CEO inherited the business, the CEO built the business, or the CEO was hired by the family-owned firm. A sample of 26 CEOs of family-owned businesses provided the following data on how each became the CEO.
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Essentials Of Statistics For Business And Economics
ISBN: 9780324568608
5th Edition
Authors: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams
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