New Hope's Liu on Family Succession

New Hope's Liu on Family Succession

Assessment

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Business, Health Sciences, Biology

University

Hard

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The transcript discusses the dynamics of a family business, focusing on the roles of a father and daughter. The father steps back from daily operations, allowing his daughter to lead innovation in agriculture. Their management styles differ, with the father valuing efficiency and the daughter focusing on market prospects and employee innovation. The transcript also compares their partnership to that of Donald Trump and Ivanka, highlighting similarities and differences. The father reflects on starting from scratch and aims for sustainable development of their company, New Hope.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges does the speaker face in their business compared to Trump?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the speaker's ultimate goal for their company?

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