A number of barriers to succession in privately held businesses exist. Using Table, identify some of the key barriers.
Answer to relevant QuestionsBriefly describe the evolution of the term entrepreneurship.What is “entrepreneurial cognition” and how does it impact the mind-set of entrepreneurs? Hoe does “met a cognition” come into play here?Entrepreneurship has a “dark side.”What is meant by this statement? Be complete in your answer.An entrepreneur can make a number of choices regarding a successor. Using Table as a guide, discuss each of the choices.Why do entrepreneurs look forward to the day when they can take their company public?
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