Question: QUESTION 32 S points sava eest 5 points Following Rennedsen and Fan (2014), which of the following questions must be critical for the successors/younger generation

QUESTION 32 S points sava eest 5 points Following

QUESTION 32 S points sava eest 5 points Following Rennedsen and Fan (2014), which of the following questions must be critical for the successors/younger generation during a succession process? Should I leave the family business before non-family leaders fire me for lack of business commitmment? What do my parents think about the timing of succession and their retirement? How I can reduce sibling rivalry? How do my parents nurture my needed competencies to take the business forward? QUESTION 33 5 points Save Arsar Following Scarborough and Cornwall (2015) succession process in family businesses, which aspect is suggested to appear in Stage III ? Ratation among various assignments on summer/holiday vacation time (while in college) Entry-level position with planned job rotations, regular performance evaluations and mentoring by both insiders and outsiders The parent increases the successors' responsibilities and makes a final assessment of their competences and abilities to take full and complete control over the company Successors may become family business CEOs, while the parents may retain the position of the chairman of the board

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