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Table Of Contents

2.1 INTRODUCTION
2.2 MEANING OF FAMILY BUSINESS:
2.3 DEFINITION
2.4 HISTORY
2.5 CHARACTERISTICS:
2.6 DIFFERENCES BETWEEN A FAMILY OWNED BUSINESS AND
2.7 SCOPE AND SIGNIFICANCE OF FAMILY BUSINESS:
2.8 CONTRIBUTION OF FAMILY BUSINESSES:
2.9 ADVANTAGES OF FAMILY BUSINESS
2.11 SUSTAINING A FAMILY DYNASTY-KEY ISSUES FACING
2.12 ISSUES FACED BY FAMILY BUSINESS:
2.13 MANAGING CONFLICT IN FAMILY BUSINESS:
2.14 WAYS TO AVOID CONFLICT:
2.15 CONCLUSION
3.1 EXISTENCE OF A B SINESS PLAN
3.2 CHALLENGES FACED BY THE B SINESS
3.3 FUTURE GROWTH OF THE BUSINESS:
3.4 DIVERSIFICATION AND EXPANSION OF THE BUSINESS:
3.5 PROBLEM WITH EMPLOYING OUTSIDERS:
3.6 PROCESS OF SELECTING SUCCESSORS:
3.7 SEPARATION OF OWNERSHIP AND MANAGEMENT:
3.8 FACTORS MAXIMIZING BUSINESS VALUE:
3.9 ABILITY TO SUPPORT THE NEXT GENERATION:
3.10 AGREEING WITH THE BUSINESS GOALS AND POLICIES:
3.11 CONNECTION OF THE SENIOR GENERATION WITH THE
3.12 SUPPORT OF THE CREDITORS AND CUSTOMERS:
3.13 DECISIONS TAKEN BY THE FAMILY MEMBERS:
4. Equity of opportunity: The firm¶s policies on recruitment and promotion need
5. Changes in the society: there is considerable impact on the family due to the
6. Encourage Family businesses: Renowned institutions like Indian School of
7. Communication: Building a sense of family pride would greatly help to
8. Professionalization: Also a professional approach to management is crucial
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100 marks final

100 marks final

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Published by kranti000

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Published by: kranti000 on Mar 18, 2011
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05/02/2013

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VERY DETAILED PRESENTATION
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