Adisadvantage to joining a family business is that

a.

more can be achieved by working in a team

b.

family relationships may be negatively affected

c.

one individual must take on all of the financing responsibilities

d.

there is little trust and loyalty

The correct answer is B. Family relationships may be negatively affected

Explanation:

In a family business, responsibilities, tasks, and roles are fulfilled by different members of the same family. This has some advantages such as commitment from the members participating, flexibility in roles and tasks, teamwork, and distribution of responsibilities including financing.

However, family businesses have some disadvantages; one of the most important is that it can affect family relationships negatively. This occurs when conflicts in the business that should affect only the business area end in personal conflicts; this makes conflicts to be more difficult to solve or to affect personal relationships. Thus, one disadvantage of joining a family business is that family relationships may be negatively affected.

these are the four factors that influence enterpreneurship development

1. economic development

2. culture

3.technological development

4. education