Asked by
shaily verma
on Oct 09, 2024
Verified
Which of the following is the first thing needed to build a successful enterprising family?
A) Financial expertise
B) Communication
C) Mentoring
D) Long-term planning
Enterprising Family
A family that engages collectively in entrepreneurial activities, often leading to the creation or management of family businesses over generations.
Financial Expertise
The knowledge and skills related to managing finances, including investment, analysis, and strategic financial planning.
Long-Term Planning
The process of setting goals and outlining strategies to achieve them over an extended period, typically several years.
- Understand the significance of proficient communication and guidance in establishing a thriving family enterprise.
Verified Answer
GB
Learning Objectives
- Understand the significance of proficient communication and guidance in establishing a thriving family enterprise.