Question: Question Two (30 Marks) There is an existing debate about the best way to run a commercial business. Explain family business and corporate business; provide

Question Two (30 Marks)

There is an existing debate about the best way to run a commercial business.

  • Explain family business and corporate business; provide advantages and disadvantages for both models from literature and textbook.
  • Are family businesses better than corporations are? Support your answer by evidence from research and literature provided for you in your textbook and/or external sources.

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