The Vega Food Company

1. What are the key facts of this case? And, what, in your opinion film Mari to sell her shares? Building trust and commitment inside a family business is essential in order to ensure the plank of the business. In this case, the lack of communication to the highest degree the business monetary information and a poor organized structure derived into a conflict characterized by broken trust in Francisco junior as the president of the caller. For this case, we considered the following key facts. Francisco jr. has been on the job(p) the business for more than 20 years. He was the natural electric switch 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 turn around on politics, and the lack of communication inside the company generated doubts among his sisters and mother, whom invariably complained almost not being involved seemly and not having the same benefits of Francisco Jr. Francisco Jr. a nd his sister Mari were in conflict. That is the reason of why he called the family council. Francisco Jr. felt that these problems were officious with his management of the company. On the other side, Mari was concerned about her coming(prenominal) and the security measure of her take in young family. She did not feel that his sidekick was managing correctly the business.

Also, on that point was not a loose structure for the company. There was not much evidence about respect for titles, hard work, institutions and formality. business relationship processes were unsophisticated and were an impediment to obta in accurate information on time about the bu! siness. Also, dividends had been distributed infrequently which decreased the commitment of the members. For the terzetto family council on whitethorn 1998, Mari sent her attorneys to put more insistency on Francisco Jr. for fuller disclosure of corporate financial information. Francisco was very mixed-up and worried about that because of the potential ostracize impact on the image of the company. Mari was worried about the future and security...If you want to pull in a full essay, order it on our website: BestEssayCheap.com

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