The dimensional growth and the complex activity that linked production and distribution triggered an organisational revolution where the relatively simple organisational structures that were used during the first industrial revolution evolved into the sophisticated U and M organisation structures. These management structures were characterised by lowly paid middle and top-level managers who had autonomy from the founding family and their property because of the growing specialisation in their duties and responsibilities (Colli, 2002).
Monday 19 June 2017
Research proposal deals
This research proposal deals with gaining a clearer understanding of the aspect of family businesses and its relationship with entrepreneurship. The paper will define the concept of family businesses and cover the historical aspect of family businesses by providing a background of how and when this concept began. The research proposal will also cover the issue of succession planning and its challenges as well as the economical and societal value of family businesses to the society and the world at large.
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