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A good way to maintain unity and continuity in a family business is

a. regularly publicizing the family's guiding mission and purpose.
b. making sure the board chairman is always a close family member.
c. using a family council to pass on family identity and values.
d. creating a restrictive trust to keep the family vision the same between generations.

User Btilly
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Final answer:

Option (d), To maintain unity and continuity in a family business, it is important to foster intergenerational communication, involve leaders across generations, and transmit core family values and heritage.

Step-by-step explanation:

A good way to maintain unity and continuity in a family business includes activities such as strengthening communication between the three generations (elders, adults, and adolescents), involving both formal and informal leaders in efforts to promote change, and ensuring the transmission of culture, heritage, and shared values to empower future generations. The family's guiding mission and purpose should be regularly publicized to preserve the sense of identity and solidarity.

Additionally, using a family council can be instrumental in passing on family identity and values, as these councils can serve to actively involve elders and encourage communication across generations and genders. The board of directors should reflect both the interests of the true owners (the shareholders) and the family's mission, which might not necessarily require the chairman to be a close family member.

However, creating restrictive measures, such as a trust to keep family vision the same, may not be the best approach as it may generate conflicts between generations with differing opinions.

User Philz
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