Management (MindTap Course List)
Management (MindTap Course List)
12th Edition
ISBN: 9781285861982
Author: Richard L. Daft
Publisher: Cengage Learning
Question
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Chapter 6, Problem 2CFCA
Summary Introduction

Case summary:

This case about two friends from work, who are running their own business in partnership with each other and now one of the partners is likely to quit and move out of the business.

Characters in the case:

Jeremy Black, Kevin Jack, Jenny and Susan are the business partners and their wives. Coach Ed Morgan is the Coach and other character in the case.

Adequate information:

Jeremy and Kevin were co-workers, turned friends who like antique furniture. Their business was doing well with Jeremy handling the restoration and Kevin handling the antiques part. Jeremy was in personal debt.

To determine:

The risks involved in starting a business with a partner. Also determine the ways in which the risks can be minimized.

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