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Business strategy
demerit of a family business.
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[QUOTE="Axis, post: 270696, member: 66672"] just us how a family business has it functions and advantages which also consists of the merits and disadvantages. in a family business due to it is a business that is passed on to the next generation it deprives a person or a member of your family to do his dream job that is he has no other choice than to participate and take part in the family business neglecting the job he or she actually wants. for example if a person studies business administration but the family owns a law court the member of the that studied business administration has no other choice than to take part in the family business and because of that it has deprived him or her doing a business here she actually. wants and also when a member of the family that is the first child relax interest in the family business this can bring about unstable management and efficiency of the business and if not properly taken care of it can lead to the termination of the business and also the destruction of such business which his a horrible experience especially to The legacy of the family. sometimes they will a family that owns this business and are too and consider other people as inferior too [/QUOTE]
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demerit of a family business.
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