most business families are part of the old joint family system. It takes professionals working with these enterprises years before they figure out key decision makers within the family.

The Birlas split after three generations, the Ambanis in the second generation, and the Bajajs in the third generation. The Jindals have divided the business empire operationally; though the control of the company is centralized in the hands of Savitri Jindal.

economic, social, and political inequalities within nations, as well as the crucial global problems of environmental standards and workers' rights

Steinberg became the largest grocery chain in Quebec and had expanded into Ontario and Atlantic Canada.

family businesses in emerging and fringe economies need to continuously adapt their business models to the growing presence of globalization.

Family businesses in emerging or fringe markets need to adapt their business models continuously to the challenges of rapid change. As a result, they often completely forget about succession planning

As globalization progresses, however, they are also finding themselves exposed to increasingly international competition

Global terrorist networks

perpetrated the attack

easily able to move

As a commodity technology, memory's periodic undersupply and overbuilds have made it one of the best historical predictors of the revenue trends for the rest of the industry.

sales peak of $76 billion in 2002

Taiwan is the next most affected area, losing 0.49 percent of GDP in 2003, followed closely by Singapore, with a loss of 0.47 percent of GDP

Our calculations show that monthly growth dropped from roughly 10% (y-o-y) early 2003 to 6.6% at the peak of the SARS crisis. Land, water and rail travelling dropped by 50% (y-o-y), freight volume dropped by 15% (y-o-y). The tourist sector also took a hit. However, the economy rebounded quite quickly after the outbreak was contained, making up for previous losses.