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MNE3704-26-S1

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The best way to characterize a family

constitution is:

❌
❌
❌
✅
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Read the following case study an answer five (5) that follows:

The Dlamini Family

Furniture Business

The Dlamini family

owns a successful furniture manufacturing business in KwaZulu-Natal. The

business was started 30 years ago by

Mr. Dlamini

, who built the company

from a small carpentry workshop into a well-known regional furniture brand.

Currently:

  • Mr. Dlamini is the

    CEO and majority

    owner

    .

  • His wife manages the company finances.

  • Their eldest son works as the

    operations

    manager

    , although he has no formal management training.

  • Their daughter works as a

    marketing

    specialist

    in another company and is unsure whether she wants to join

    the family business.

  • Several non-family employees

    have

    worked for the business for more than 15 years.

Recently, Mr. Dlamini

has started thinking about

succession planning

, but family members have

different opinions about who should take over the leadership of the business.

Some employees believe

that the eldest son should not automatically become the next CEO because other

experienced managers may be better qualified.

At the same time, the

Dlamini family strongly values

community relationships and employee

wellbeing

, often supporting local schools and community projects.

Questions:

Which of the following

best describes a

family business?

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✅
❌
❌
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In the Dlamini

business, the involvement of Mr. Dlamini’s wife in financial management

illustrates which characteristic of family businesses?

❌
❌
✅
❌
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In

the context of family enterprises, which of the following best describes Family

Systems Theory?

❌
❌
❌
✅
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Which strategy would

most likely improve

succession planning in the Dlamini business?

✅
❌
❌
❌
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Which feature

distinguishes

family businesses from other enterprises?

✅
❌
❌
❌
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Business continuity is aided by family

unity because it:

✅
❌
❌
❌
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Family meetings are important because they:

❌
✅
❌
❌
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 Which of the following is a common source of

conflict in family businesses?

✅
❌
❌
❌
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In

family businesses, emotional intelligence mostly aids in:

✅
❌
❌
❌
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