the Family Busines 13, 14 Hello- please read Unit 3 and answer the following questions for chapters 8,9,10, 13 & 14 (Materials Included in the Content of Unit 3) Chapters are different in the textbook you have! 1) Define organizational culture: 2) What are the three (3) states in the change process and how can leaders plan for the future- explain 3) Mention the six (6) organic competencies of a family company. 4) What are the conditions for a board of directors to be successful? 5) Explain in detail what is the role of the board in succession planning. 6) What is the purpose of strategic planning? 7) Mention and explain four (4) sources of value creation in family companies. 8) Mention and explain the stages of business development- what two (2) options are the future possibilities? 9) What is fair market value? 10) Why is financial literacy important among family business owners? 11) What are the challenges to retaining and motivating non-familty management? 12) Why are non-family managers critical to the survival and continuity of the business?

Hello- please read Unit 3 and answer the following questions for chapters 8,9,10,13 \& 14 (Materials Included in the Content of Unit 3) Chapters are different in the textbook you have! 1) Define organizational culture: 2) What are the three (3) states in the change process and how can leaders plan for the future-explain 3) Mention the six (6) organic competencies of a family company. 4) What are the conditions for a board of directors to be successful? 5) Explain in detail what is the role of the board in succession planning. 6) What is the purpose of strategic planning? 7) Mention and explain four (4) sources of value creation in family companies. 8) Mention and explain the stages of business development- what two (2) options are the future possibilities? 9) What is fair market value? 10) Why is financial literacy important among family business owners? 11) What are the challenges to retaining and motivating non-familty management? 12) Why are non-family managers critical to the survival and continuity of the business