Small Business & Family Enterprise
Case #1: She’ll Always be My Little Sister [60 points]
This case relates to unique issues associated with a family enterprise. Write a minimum of 250 words for each question. Pay attention to the Case Grading Rubric. Upload the assignment as a Microsoft Word file to Moodle when completed.
Read the Case “She’ll Always be My Little Sister” and answer the following questions. The case is located on page 84 of the textbook.
When answering the questions, FOLLOW THE FORMAT PROVIDED BELOW.Delete all Notes in parentheses prior to submission; they are simply there to explain the formatting structure.
Case Policy: Your Professor is aware that information regarding this case can be found via the Internet. However, this assignment should reflect your learning experience in MADM 752. Therefore, you should use textbook material, family theories, or video information to craft your responses. All external sources must be cited using APA format and should be not be “lifted” from other places. DO NOT COPY INFORMATION FROM THE TEXTBOOK!!
Question 1: What specific actions should Dorothy and Martin take next regarding whether or not Dorothy joins the family business? (Note: You may have more than two for each.)
Dorothy Action #1 (Put the name of the first action Dorothy should take here)
• Put your reasoning for Action #1 with justification here and support the issue with external sources
• Use more bullets if you have additional justification points and support them with external sources
Dorothy Action #2 (Put the name of the second action Dorothy should take here)
• Put your reasoning for Action #2 with justification here and support the issue with external sources
• Use more bullets if you have additional justification points and support them with external sources
Martin Action #1 (Put the name of the first action Martin should take here)
• Put your reasoning for Action #1 with justification here and support the issue with external sources
• Use more bullets if you have additional justification points and support them with external sources
Martin Action #2 (Put the name of the second action Martin should take here)
• Put your reasoning for Action #2 with justification here and support the issue with external sources
• Use more bullets if you have additional justification points and support them with external sources
Question #2: List the potential pros and cons of Dorothy joining the family business. (Note: You may have more than two for each.)
Pro #1 (Put the name of the first pro here)
• Put your reasoning for pro with justification here and support the issue with external sources
• Use more bullets if you have additional justification points and support them with external sources
Pro #2 (Put the name of the second pro here)
• Put your reasoning for pro with justification here and support the issue with external sources
• Use more bullets if you have additional justification points and support them with external sources
Con #1 (Put the name of the first con here)
• Put your reasoning for con with justification here and support the issue with external sources
• Use more bullets if you have additional justification points and support them with external sources
Con #2 (Put the name of the second con here)
• Put your reasoning for con with justification here and support the issue with external sources
• Use more bullets if you have additional justification points and support them with external sources
Please use these books as primary resources for answering the questions:
Poza, Ernesto J. & Daugherty, M.S., Family Business 4th Edition. South-Western Cengage Learning, Mason, OH, 2014. ISBN: 978-1-285-05682-1.
AND
Smith, S. R. & Hamon, R. R. Exploring Family Theories 3rd Edition. Oxford University Press. 2012. ISBN-10: 0199860017