management or ownership from the direct descendants of the founders are called?
. lineage
. family business
. sole proprietorship
. none of the above
Answers
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answer would be A lineage
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The management or ownership from the direct descendants of the founders is called Lineage.
Explanation:
- The correct answer is Lineage. (option a)
- In Lineage ownership, the ancestors are regarded as the founder of the business.
- The members of the business or the group of people are directly related to the descendants.
- Such type of management is referred to as Lineage ownership or management.
- In a family business, decision making is related to the multiple members of the family.
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