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Entrepreneurship Development and Small Business Enterprises by Pearson
book

Entrepreneurship Development and Small Business Enterprises by Pearson

by Poomima M Charantimath
May 2024
Intermediate to advanced content levelIntermediate to advanced
540 pages
27h 7m
English
Pearson India
Content preview from Entrepreneurship Development and Small Business Enterprises by Pearson
Family Busin
ess
Rule III: Future
Outlook
For any number
of
reaso
ns
. troubled
bu
sinesses have tended to
ha
ve
lillie real
concern about the future and the necessity of preparing for the
bu
s
ine
ss changes that
are inevitahle.
There needs to be a core value adopted that fundamentally says
th
at thc family
believes that the future will
be
different and that the family must consistently make
efforts to plan for and manage change pro-acti
ve
ly. The failure to do so
ha
s led to the
demise
of
many family-owned business that had been very successf
ul
at
one time.
Many other core values can also often ha
ve
a cri
ti
cal impact on
th
e performance
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Publisher Resources

ISBN: 9781299601086