Quiz · Turning Around a Failing Family Firm

Question 1What does the speaker mainly describe in this talk?

Why family businesses always fail How a new chief executive turned around a failing family company How to export products to customers abroad The history of a famous factory

Question 2What was the speaker's first task as chief executive?

To listen carefully to everyone on the factory floor To cut half of the product line at once To buy newer machines for the factory To separate the family from the business

Question 3What happened last month after five very difficult years?

The founding family sold the company Export orders from abroad finally stopped The company recorded its first real operating profit Half of the staff left the company