Graeter's current management team bought the business from their parents, who did not have a formal succession
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Graeter's current management team bought the business from their parents, who did not have a formal succession plan in place to indicate who would do what. Do you think the current team should have such a plan specifying who is to step into the business, when, and with what responsibilities? Why or why not?
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The current owners should definitely prepare a succession plan not only to ensure the compa...View the full answer
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Related Book For
Business
ISBN: 978-1133595854
12th edition
Authors: William M. Pride, Robert J. Hughes, Jack R. Kapoor
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