Some 600 family businesses in 14 countries were interviewed in the survey. An organisational structure that enables quick decisions and a culture that has grown accustomed to accepting change, greatly help Hungarian businesses adapt to the challenges caused by the economic crisis, KPMG said.

Problems are posed by the need to involve new resources and by a total or partial lack of strategic thinking that goes beyond day-to-day operations.

The majority of family businesses, or 54% interviewed in the survey, said they had positive outlooks for the next 6-12 months.

Source www.hungarymatters.hu

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