Pros and Cons of Nepotism
Nepotism is a behavior that shows excessive favor to close relatives; the tendency to prioritize (benefit) one’s own relatives, especially in positions, ranks within the government; and the act of choosing one’s own relatives or relatives to hold the government. However, nepotism does not only occur in government. Any organization, no matter who owns it, […]
Selling the Family Business : Between Financial and Emotional Considerations
Selling the Family Business : Between Financial and Emotional Considerations. Recently, PepsiCo has agreed to acquire Siete Family Foods (Siete) for USD 1.2 billion. Siete is a family business headquartered in Austin, Texas, United States (US). Siete was founded by seven members of the Garza family (Siete is Spanish for seven). Siete originally sold almond […]