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Question
Mayers philosophy of never using debt to finance operations or expansion was born during the Great Depression and passed on to his sons when they joined the family business. Today the multi-million dollar organization proudly follows Mayers practice under the leadership of Mayers great-grandsons and -daughters. This familys commitment is based on:
a. family control and influence. b. identification of family members with the firm.
c. binding social ties. d. emotional attachment of family members.
Answer
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