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Question One (40 Marks, 850 words) There is an existing debate about the best way to run a commercial business. Explain family business and corporate
Question One (40 Marks, 850 words) There is an existing debate about the best way to run a commercial business. Explain family business and corporate business stating similarities and differences between both types. Discuss the existing debate about the best way to run a commercial business (family firms vs. corporations), based on your discussion which is which way businesses perform better (your opinion must be based on evidences and examples) Discuss five challenges that face family businesses and corporate businesses and may cause their failure and provide solutions to overcome these challenges
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