Question

Family organization becomes more important in creating and maintaining the cohesion necessary to support the business and give family members a sense of family and of belonging when the family becomes larger and the business depends more on non-family executives for leadership. The purpose of a family organization is to _______________

Answer 1

Answer:

maintain the organization within the family

Explanation:

According to my research on family owned organizations, I can say that based on the information provided within the question the purpose of a family organization is to maintain the organization within the family. In other words to train family members in order for them to be effective shareholders, make decisions in order to guide the family organization in the right direction, and help members understand the family business.

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