Question

write these sentance in one word.

these industries are managed and carried out by the member of family​

Answer 1

Answer:

Family-Owned Businesses

Answer 2

Family-owned businesses are managed and carried out by the members of the family.

Explanation:

• The industries that are managed and carried out by the members of the family are called family-owned businesses.
• Any business in which there are two or more members of a family involved and the majority of ownership or control lies within a family is called a family-owned business.
• Family-owned businesses are the oldest form of business organization.
• Family-owned business ranges from small firms to giant firms.