The Vega Food Company

1. What are the key facts of this strip? And, what, in your opinion control Mari to sell her shares? Building want and commitment inside a family business is essendial in order to ensure the clump of the business. In this case, the miss of discourse about the business fiscal information and a woeful organized expression derived into a conflict characterized by overturned trust in Francisco young as the chair of the go with. For this case, we considered the by-line key facts. Francisco jr. has been on the job(p) the business for more than 20 years. He was the natural deputy to his father as the president of the company and also he was in charge of a Senate seat. His expensive way of life, his short-circuit around on politics, and the lack of communication inside the company generated doubts among his sisters and mother, whom invariably complained about non being involved adequate and not having the same benefits of Francisco jr. Francisco Jr. and his sister Mari were in conflict. That is the condition of why he called the family council. Francisco Jr. felt that these problems were interfering with his forethought of the company. On the other side, Mari was concerned about her coming(prenominal) and the security of her overhear in young family. She did not feel that his brother was managing decent the business.

Also, on that point was not a clear structure for the company. There was not more than evidence about honor for titles, hard work, institutions and formality. business kind processes were unsophisticated and were an obstacle to sustain accurate information on time about the business. Also, dividends had been distributed infrequently which decreased the commitment of the members. For the tercet family council on May 1998, Mari sent her attorneys to put more insistence on Francisco Jr. for gas-filled disclosure of corporate financial information. Francisco was very upset and hard put about that because of the potential put away impact on the flesh of the company. Mari was worried about the future day and security...If you want to get a full essay, order it on our website: Orderessay

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