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COURSE CODE ENT 308 CREDIT UNIT: 2
COURSE TITTLE: FAMILY BUSINESS AND SUCCESSION PLANNING
TIME ALLOWED: 2 HOURS
INSTRUCTIONS:
1. Attempt question number one (1) and any other two (2)
2. Question number one (1) is compulsory and attracts 30 marks, while any other three questions attract 20 marks each
3. Present your answers to each question in a clear and orderly manner
QUESTION ONE
a. Briefly explain the following theories as used in family business research (i) Systems theory (ii) The resource-based view (iii) Social capital theory. (15 marks)
b. Discuss three advantages and three disadvantages of family business (10 marks)
c. Outline the stages involved in family business life cycle (5 Marks)
QUESTION TWO
a. List and explain four key sets of goals that matter to family business (10 marks)
b. Comprehensively explain the challenges confronting family business (10 marks)
QUESTION THREE
a. As a trained entrepreneur, discuss how conflict in family business can be managed (10marks)
b. Exhaustively discuss the dimension of interdependency in family business (10 marks)
QUESTION FOUR
a. Briefly explain the concept of family orientation (10 marks)
b. Briefly Outline the five dimensions of family orientation as opined by Lumpkin et al (2008).(10 marks)
QUESTION FIVE
a. Explain the Bull’s Eye Model (10 marks)
b. Explain the following terms as they relate to family business (i) Family (ii) Family business (iii) Familiness (iv) Entrepreneurial orientation(10 marks)
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You can now use you matric number to login as your username and password in a lowercase.
https://elearn.nouedu2.net/login/
Note that you are to change your passw...
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