Question: In preparing for succession, the senior generation has certain responsibilities. One of these is that the estate of the senior generation should be settled and

In preparing for succession, the senior generation has certain responsibilities. One of these is that the
estate of the senior generation should be settled and audited.
senior generation should nurture the needed competencies in the younger generation.
business should have a formal audit of the financial statements.
next generation should develop long-term plans for leadership and be held to these plans.
In preparing for succession, the senior generation has certain responsibilities. One

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