Question: Study the information provided below and answer the following questions. Family business ( FB ) is a very important phenomenon around the world and deserves
Study the information provided below and answer the following questions.
Family business FB is a very important phenomenon around the world and deserves the attention of researchers for a
number of reasons. Traditionally, the definition of family businesses FBs involves one or more members of a family
wielding considerable control over the company, due to their significant percentage of ownership Leotta and Ruggeri,
Globally, FBs constitute the predominant form of ownership in most markets and findings gleaned from publicly listed firms
may not apply to the ubiquitous, but less frequently studied, privately held family firm Rothwell and Prescott, There
is a theoretical notion that family involvement has an effect on the factors of production from a productivity standpoint. In a
recent study, Alves and Gama reported that family labour output contributions are significantly higher, and family
capital output contributions lower.
Dr Ken Sithole, a business researcher with an interest in the productivity of family businesses is investigating the impact of
family business ownership structure on employee productivity in the construction sector in the Gauteng Province. The
overarching objective of Dr Sitholes study is to determine whether there are significant differences in employee productivity
across the four types of family business ownership in the construction sector in the Gauteng Province.
Using a validated and reliable instrument, Dr Sithole measured the productivity of employees working at a number of
familyowned construction firms. The ownership structures of construction firms involved in the study ranged from sole
proprietorships, partnerships, cooperatives, and public company corporations Of the employees surveyed, were
employed at sole proprietorships, partnerships, cooperatives, and corporations respectively see Table below
REQUIRED:
Specify the aim and the research design of Dr Sitholes study. marks
Formulate the null and alternative hypotheses for Dr Sitholes study. marks
Identify and elaborate on the independent and dependent variables of Dr Sitholes study. marks
Comment on the output in Figure to Figure and highlight the implications for the
subsequent analyses performed in Dr Sitholes study.
marks
On the basis of the output in Figure to Figure provide a comprehensive interpretation of
the outcome of the hypothesis test formulated in
marks
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