Problem: Briefly answer on two topics below. Try to answer all the questions as briefly as possible. Include personal examples.
Family Businesses:
- What are the key factors that influence the longevity and success of family businesses?
- How do family dynamics affect decision-making and conflict resolution in a family business? Discuss with examples.
- How can a family business balance the need for professionalism with preserving its familial culture?
Crossover 2X:
- Share an instance where you recognized a personal weakness and took steps to improve upon it. What was the impact on your professional life?
- How does cross-training contribute to the development of a holistic skill set for entrepreneurs?