Question
One of the disadvantages of a family business is
A.
Limited External Input
B.
Smooth succession Planning
C.
Limited liability
A.
Limited External Input
B.
Smooth succession Planning
C.
Limited liability
Answers
GPT-4o mini
The correct answer is:
**A. Limited External Input**
Family businesses can sometimes face challenges in bringing in external perspectives, expertise, or innovative ideas, which can limit their growth and adaptability compared to non-family businesses that might be more open to diverse input.
**A. Limited External Input**
Family businesses can sometimes face challenges in bringing in external perspectives, expertise, or innovative ideas, which can limit their growth and adaptability compared to non-family businesses that might be more open to diverse input.