Question

Frank, the owner of a local furniture store that has been in business for 75 years, is retiring. He is selling his store to a new venture capital no roots in the community. As they sit down over coffee at the local deli, what are some things that Frank should share with the new owner about the success of his business? Multiple Choice A. Frank should share the culture of the company through stories, tes, and rituals B. Frank should share the organizational chart, as well as a list of cal businesses not to partner with C. Frank should share his list of buyers and how he negotiated his D. Frank should share i t of interview quest E. Frank should share which community events he has already agreed to take part in over the next three years

Answer 1

The correct answer would be option A, Frank should share the culture of the company through stories, rites, and rituals.

As they sit down over coffee at the local deli, Frank should share the culture of the company through stories, rites, and rituals, with the new owner about the success of his business.

Explanation:

Frank is in the furniture business for so long. Now he is retiring, and he wants his business to be persuaded successfully in the future as well. He is selling his store to people who have no roots in the community. He wants to share the secret of his success to the new owner.

So to make the new owner understand the secret of success, Frank should share the culture of the company by telling the new owner, stories, rites and rituals of the company which made his business successful.

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