Management Succession and Risk Management Strategies
Please respond to the following:
- Assume you are the owner of a small business with which you are familiar. Outline the basics of a management succession plan for passing the business on to the individual of your choice.
- Referring to the same small business, determine the most appropriate way for that business to minimize its exposure to risk. Explain your rationale.
2.Some of the most serious abuses taking place in developing countries deal with child labor, human slavery, sweatshops, bad governance, and environmental degradation.
Select one (1) developing country; examine and discuss the extent to which two (2) of these five (5) issues are occurring.
Support your response with specific examples.
Finally, discuss some policy recommendations which can help governments to deal with these issues.
Many family businesses are succeeded from the founder to the next generations in a clear systematic manner. The best methods used will enable the organization to grow even better but the poorly succeeded organization may face many challenges to the extend they collapse or seek help. This is the………………………