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CEPA Term Flashcards - Session 5 Exam 2025 Questions and Answers What is familiness? - ....ANSWER☑️☑️...-A unique bundle of resources resulting from the interaction of family, individuals and business. Not genetically predetermined. True or false, family businesses tend to outcompete non-family businesses? ....ANSWER☑️☑️...-True How do you address team challenges early in the process? - ....ANSWER☑️☑️...•Education (owner and advisor) •Chapter projects & community outreach •Know the methodology...and your place in it •Workshop demonstrating the holistic approach •Speaking and writing builds credibility •Website •Happy Hours How do you handle when a team already exists upon your arrival on scene? ....ANSWER☑️☑️...-Team building upfront and buy-in on a holistic approach. What makes an effective team (TCCAR)? - ....ANSWER☑️☑️...-Trust Conflict (Resolution) Commitment Accountability …FOR STUDY PURPOSES ONLY…©️ 2025 ALL RIGHTS RESERVED… 1