FAMILY & SMALL BUSINESS MANAGEMENT 13 Management February 17 2020

The individual report assesses a student’s ability to: substantially explain subject specific theories, frames and concepts; demonstrate focussed synthesis and analytical skills; write concisely and decisively; and identify situations and provide recommendations-advice. In the individual report: First, you are required to choose a particular strategic management theory in the academic field of family business [i.e. RBV or SEW], review the academic literature and substantially explain aspects with regard to your chosen theory [approx 1200 words]. Second, two family businesses [Reliance industries and Tata sons] and compare and contrast their strategy-making – that is – apply your chosen strategic management theory to each family business and detail similarities and differences [approx 900 words].