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ETP3702 Assigment 6 SEMESTER 1 2023 SUBMISSION DATE 2ND JUNE 2023. R67,26
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ETP3702 Assigment 6 SEMESTER 1 2023 SUBMISSION DATE 2ND JUNE 2023.
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ETP3702 Assigment 6 SEMESTER 1 2023. Overview A family business is an organisation that in which either the individuals who established or acquired the firm or their descendants significantly influence the strategic decisions and life course of the firm. The chief reason why family businesses ...

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  • May 21, 2023
  • May 30, 2023
  • 10
  • 2022/2023
  • Exam (elaborations)
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  • etp3702 assigment 6 semester 1 2023

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ETP3702 Assigment 6
SEMESTER 1 2023.

, The interview

Advice the entrepreneur/owner before you begin with the interview that participation in your

study is completely voluntary. If there are any other questions that they prefer not to answer,

they have a right to do so. All the information that they will provide through their participation

in your study will be kept confidential by you and the Lecturer.

Use the following as a guideline to structure your assignment.

plan and its significance. (5)

2. Provide a background of the chosen enterprise including its founding, the type of

business (industry), owners and ownership structure, structural form, locations, expansion

(both in terms of facilities/ locations and products/ markets), hours of operation, number of

staff members, and so forth. (10)

3. What are the family conflicts faced by the chosen business? What are the reasons for the

absence of a written succession plan? If there is a succession plan, which process was

followed to develop the plan (critic the succession plan)? (15)

4. What are the determinants of a successor? What are the most important qualities that a

possible successor should have? What are the benefits of running a family business?

(10)

5. Provide recommendations on how the business can solve its problems that you have

discovered in the interview. Also, briefly touch on the stages of succession planning in

your recommendation. (15)

6. Conclusion (5)

7. References (Harvard style) (5)

8. Technical specifications (academic writing, neatness layout) (5)

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