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Class 11 Home Science Work, Livelihood and Career Life skills for livelihoodExpertLevel 37

If income records are not shared in a family based business what risk increases?

Answer and explanation

Correct answer: Lack of transparency and trust

Shared financial records increase trust in family business. In exams connect record keeping with transparency.

Tags

family-businessrecord-keepingtrust

Frequently asked questions

What is the correct answer to this question?

Lack of transparency and trust

Why is this the correct answer?

Shared financial records increase trust in family business. In exams connect record keeping with transparency.

Which subject and chapter does this question cover?

This is a Class 11 Home Science question. Chapter: Work, Livelihood and Career. Topic: Life skills for livelihood.

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