Family Business Research Proposal Example | Topics and Well Written Essays - 250 words

Family railway line - Research Proposal ExampleBut it is very normal for plaque issues to arise in a family business every now and then because a family business, like all other non-family businesses, involve to a greater extent or less the same issues like personalities, go awayions, power, deadlines, resources, supervisors and subordinates. Conflicts can be avoided and resolved if arise because of good governance strategies that govern not only the business but also the family that runs that business. Many large and medium surface family businesses are running in the Middle East today that contribute a great section of GDP to the region. But most businesses survive only until the third generation and very few pass on to the fourth generation because of generational conflicts and difference of opinions and perspectives between the elders and the youngsters of the coming generations. Hypothesis Governance issues earn bad reputation to the organization and are the main cause of splitting up or affliction of a business that was running smoothly and earning large profits before the dispute.