What is Family Business studies?
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1 Answer
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Family Business studies is a field of research and education that focuses on understanding the unique dynamics, challenges, and opportunities of businesses that are owned and managed by families. Family Business studies examine the intersection between family and business, exploring the complexities that arise when these two worlds collide.
Family businesses are a distinct category characterized by the strong presence of family influence in decision-making processes, succession planning, and the transmission of values and traditions.
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