Question
Question 1 There was a time when founder-owners managed companies. When the founder-owners could no longer run the company, they handed it over to someone
Question 1
There was a time when founder-owners managed companies. When the founder-owners could no longer run the company, they handed it over to someone in their family.
Question 1 options:
True | |
False |
Question 2
In small companies, owners might still exert power because they are typically high-percentage shareholders.
Question 2 options:
True | |
False |
Question 3
In the U.S., it is documented that at least one-third of the Standard & Poor's (S&P) top 500 firms are high-percentage family owners. In other countries, the number of family-owned corporations is even higher.
Question 3 options:
True | |
False |
Question 4
The main reason families hold on to their ownership is to generate family wealth, which is why they seem to perform better than manager-run companies.
Question 4 options:
True | |
False |
Question 5
Organizational structures and controls that are not in sync with a firm's strategic management plan greatly reduce the firm's chances of achieving a competitive advantage.
Question 5 options:
True | |
False |
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