Disadvantages of having a family member take over business


Discuss the below:

1 What are the advantages and disadvantages of having a family member take over the business?

2 Pick a company or organization, preferably the organization or company for which you work. (If you choose to write about a company other than your employer, please make sure it is one that has easily accessible information.) In your opinion, how well is the company or organization's present strategy working? What are the strengths, weaknesses, opportunities, and threats (SWOT) of the organization? Please include at least two points per each SWOT category. How strong, if applicable, is the company's competitive position? What strategic issues does this organization/company face in the next year? Next five years?

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