Question

what is a family business as a field of study and what is it's type.​

Answer 1

Answer:

☆☆ family business ☆☆

A family business is a commercial organization in which decision-making is influenced by multiple generations of a family, related by blood or marriage or adoption, who has both the ability to influence the vision of the business and the willingness to use this ability to pursue distinctive goals.

☆☆ it's type ☆☆

Three types of family business ROI

• Juday, who is also a family business consultant and director of the Initiative for Family Business and Entrepreneurship at St. Joseph's University in Philadelphia, describes the three types of family business ROI as follows:
• Financial return. ...
• Emotional return. ...
• Relationship return.

Answer 2

Answer:

a business that is owned or run by members of a single family.

"he took over the family business after his father's death"

Explanation:

A family business is a commercial organization in which decision-making is influenced by multiple generations of a family, related by blood or marriage or adoption, who has both the ability to influence the vision of the business and the willingness to use this ability to pursue distinctive goals.