Option 3: Family Business Research Paper: Research and analyze a successful family business with a minimum of 50 years and at least two generations in the business. A worthy subject might be a large national business that started as a small family business, such as JM Smucker Company, DuPont, or SC Johnson. What factors have contributed to the success of this business? What challenges have they encountered over the years? Review the 12S factors from your text and apply them to the business. As the company continues to move forward, what is your prediction for continued success? Be sure to incorporate and apply the key concepts learned throughout this course in your paper. Complete your project by recommending an effective succession plan for the family business.
Final paper will be a minimum 5 pages in APA format. You must incorporate and apply key concepts learned throughout this course in your paper. In addition to using the textbook as a reference, papers should include a minimum of three (3) library quality references (e.g. pertinent books, academic articles, etc.).
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