Please don't watch this movie with your kids. It'll give them all wrong ideas of things that kids shouldn't be doing.
Not sure if the Alpha and Beta kids are like as portrayed in this film but my parents would have slapped and disowned me if I had done 10 percent of the mischief that the main character did. Also, not sure why the parents keep paying heed to the kid's whims and tantrums without conditioning the kid.
On top of this, the dad keeps saying that he proud of the son for things that he shouldn't be proud of. Not sure if this movie teaches something to the kids.
The only things I liked about the movie are the good deeds that tha parents do in the movie. That makes one believe in the goodness of humanity.
I repeat - Don't watch it with your kids!