The advantage and disadvantage of family business
What is Family Business? As we know, family business basic includes the following three distinct characteristics: Enterprise and majority stake are controlled by family; corporate decision-making power on major issues are controlled by family; Enterprise all the important positions held by family members. We have defined the enterprise against this background as a family business. According to authoritative statistics, the average life expectancy of American’s family business is about 40 years; the average life expectancy of China’s family business is less than five years. Every entrepreneur wants their companies to sustainable development and hope that their businesses to bigger, longer, and stronger. In the USA, there is 40% family business closed in first year and 60% family business closed in second year. So do you think the family business is good? In this essay, I will argue the advantage and disadvantage of family business. The whole essay has three parts and five paragraphs.
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Needs to start with a question which, when answered, will answer the implicit question in the title.
ReplyDeletethere is 40% family business closed in first year and 60% family business closed in second year - gr
I don't want to know how many parts and paragraphs there are, just what you will say and in what order.