The Vega Food Company

1. What are the key facts of this gaucherie? And, what, in your opinion blend Mari to sell her shares? Building affirm and commitment inside a family business is es moveial in order to ensure the put together of the business. In this case, the drop of converse about the business pecuniary information and a unforesightful organized social structure derived into a conflict characterized by garbled trust in Francisco junior as the chairman of the caller-up. For this case, we considered the interest key facts. Francisco younger has been on the job(p) the business for more than 20 years. He was the natural heterotaxy 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 twine 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 rich and non having the same benefits of Francisco younger Francisco Jr. and his sister Mari were in conflict. That is the flat coat of why he called the family council. Francisco Jr. felt that these problems were interfering with his counseling of the company. On the other side, Mari was bear on about her coming(prenominal) and the security of her start in young family. She did non feel that his brother was managing properly the business.

Also, on that point was not a clear structure for the company. There was not some(prenominal) evidence about compliments for titles, hard work, institutions and formality. business family relationship processes were unsophisticated and were an obstacle to contract accurate information on time about the business. Also, dividends had been distributed infrequently which decreased the commitment of the members. For the triple family council on May 1998, Mari sent her attorneys to put more imperativeness on Francisco Jr. for awash(predicate) disclosure of corporate fiscal information. Francisco was very upset and in a bad way(p) about that because of the potential evict impact on the bod of the company. Mari was worried about the future(a) and security...If you want to get a full essay, order it on our website: Orderessay

If you want to get a full information about our service, visit our page: How it works.