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Family Business---Case Analysis and Enlightenment to ChinaGood afternoon, Ladies and gentlemen. Today we will present the topic of family business to you. First of all, please allow me to introduce my teammates to you. My name is Li Xingyun, I am the captain of our team. Our team consists of four handsome boys. The first one is ShiLi, the second one is Li Dingming, and the last one is Zhang Wenzuo.Introduction of Family BusinessNow let me begin our today’s presentation. First i will explain the definition of family business and the reasons why some family enterprises can survive for ages and some became extinct soon.First of all, I will give you a brief introduction of family business; include its definition and the position. Moreover, I will introduce the situation of the development of family business in China and the USA.There are several definitions of family business. One is that family business is that in a enterprise the founders and the copartners own most of the stock rights and they keep a close relationship with professional managers and keep the right to manage top company managers. KelinE.Gersick, American scholar, assumes that to Judge that whether a company is a family business or not, is not based on the enterprise with the family to naming, or they have several relatives in the enterprises tallest leadership institution, but according to a family ownership generally on the basis of who owning the stock and the stock magnitude. This definition highlights the ownership of the enterprise. Scholar Sunzhiben regards the enterprise management right as the essential characteristics of family business. He maintains that family enterprises should keep the management as the core, and this is just a family business when one family or several families which have close connection master directly or indirectly one enterprise management. As the worlds most common meaning of enterprise organization form, the family business in the world economy has a pivotal positi
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