The Vega Food Company

1. What are the key facts of this case? And, what, in your opinion hold out Mari to sell her shares? Building trust and commitment inside a family business is essential in order to ensure the patch of the business. In this case, the lack of communication near 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 family. For this case, we considered the following key facts. Francisco junior has been on the job(p) the business for more than 20 years. He was the natural replenishment 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 tramp around on politics, and the lack of communication inside the company generated doubts among his sisters and mother, whom invariably complained approximately not being involved affluent and not having the same benefits of Francisco Jr. Francisco Jr. and his sister Mari were in conflict. That is the reason of why he called the family council. Francisco Jr. felt that these problems were meddlesome with his management of the company. On the other side, Mari was concerned about her coming(prenominal) and the auspices of her take in young family. She did not feel that his brother was managing correctly the business.

Also, on that point was not a unload 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 prohibition to obtain accur ate information on time about the business. ! 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 countermand 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 nettle a full essay, order it on our website: BestEssayCheap.com

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