MNE3704
Assignment 3 Semester 1 2025
Detailed Solutions, References & Explanations
Unique number: 528627
Due Date: 25 March 2025
Terms of use
By making use of this document you agree to:
Use this document as a guide for learning, comparison and reference purpose,
Terms of use
Not to duplicate, reproduce and/or misrepresent the contents of this document as your own work,
By making use of this document you agree to:
Use this document
Fully accept the consequences
solely as a guide forshould you plagiarise
learning, reference,or and
misuse this document.
comparison purposes,
Ensure originality of your own work, and fully accept the consequences should you plagiarise or misuse this document.
Comply with all relevant standards, guidelines, regulations, and legislation governing academic and written work.
Disclaimer
Great care has been taken in the preparation of this document; however, the contents are provided "as is" without any express or
implied representations or warranties. The author accepts no responsibility or liability for any actions taken based on the
information contained within this document. This document is intended solely for comparison, research, and reference purposes.
Reproduction, resale, or transmission of any part of this document, in any form or by any means, is strictly prohibited.
, MNE3704-25-S1 Welcome Message Assessment 3
QUIZ
Started on Monday, 24 March 2025, 4:42 PM
State Finished
Completed on Monday, 24 March 2025, 4:50 PM
Time taken 8 mins 34 secs
Marks 15.00/15.00
Grade 100.00 out of 100.00
Question 1
Correct
Mark 1.00 out of 1.00
Business owners often delay estate planning for the following reasons:
a) They do not want to discuss their death and its implications for the family and the business.
b) They do not think that the next generation is ready to lead.
c) They do not want to give up control of the business.
d) They are trying to avoid potential family conflicts.
a.
a, b, c and d
b.
a, c and d
c.
b, c, and d
d. a, b and c
Your answer is correct.
The correct answer is:
b, c, and d
, Question 2
Correct
Mark 1.00 out of 1.00
Governance of the shareholder–business relationship is essential. The tools for governing that relationship are the
____________.
a.
family members, family council and family meetings
b.
non-family members, family meetings and CEO spouses
c.
board, shareholder meetings and family meetings
d. board meetings, family council and non-family members
Your answer is correct.
The correct answer is:
board, shareholder meetings and family meetings
Assignment 3 Semester 1 2025
Detailed Solutions, References & Explanations
Unique number: 528627
Due Date: 25 March 2025
Terms of use
By making use of this document you agree to:
Use this document as a guide for learning, comparison and reference purpose,
Terms of use
Not to duplicate, reproduce and/or misrepresent the contents of this document as your own work,
By making use of this document you agree to:
Use this document
Fully accept the consequences
solely as a guide forshould you plagiarise
learning, reference,or and
misuse this document.
comparison purposes,
Ensure originality of your own work, and fully accept the consequences should you plagiarise or misuse this document.
Comply with all relevant standards, guidelines, regulations, and legislation governing academic and written work.
Disclaimer
Great care has been taken in the preparation of this document; however, the contents are provided "as is" without any express or
implied representations or warranties. The author accepts no responsibility or liability for any actions taken based on the
information contained within this document. This document is intended solely for comparison, research, and reference purposes.
Reproduction, resale, or transmission of any part of this document, in any form or by any means, is strictly prohibited.
, MNE3704-25-S1 Welcome Message Assessment 3
QUIZ
Started on Monday, 24 March 2025, 4:42 PM
State Finished
Completed on Monday, 24 March 2025, 4:50 PM
Time taken 8 mins 34 secs
Marks 15.00/15.00
Grade 100.00 out of 100.00
Question 1
Correct
Mark 1.00 out of 1.00
Business owners often delay estate planning for the following reasons:
a) They do not want to discuss their death and its implications for the family and the business.
b) They do not think that the next generation is ready to lead.
c) They do not want to give up control of the business.
d) They are trying to avoid potential family conflicts.
a.
a, b, c and d
b.
a, c and d
c.
b, c, and d
d. a, b and c
Your answer is correct.
The correct answer is:
b, c, and d
, Question 2
Correct
Mark 1.00 out of 1.00
Governance of the shareholder–business relationship is essential. The tools for governing that relationship are the
____________.
a.
family members, family council and family meetings
b.
non-family members, family meetings and CEO spouses
c.
board, shareholder meetings and family meetings
d. board meetings, family council and non-family members
Your answer is correct.
The correct answer is:
board, shareholder meetings and family meetings