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Name Tutor Course Date Case 1: The Binghams and the Louisville Courier The Bingham family owned Courier-Journal and Louisville Times newspapers for nearly 70 years before the patriarch decide to sell it. Sibling rivalry between Barry Jnr. And Sally had led to board room wrangles that threatened to collapse the company. Sally and Eleanor decided to sell part of their stake contrary to Barry Jnr’s preference. According to systems theory the organisation is a dynamic and interrelated set of parts in this case the departments. The Bingham the public and employees. The employees may fail to cooperate with each other depending on their supervisor. Face-to-face communication ensures the solving of conflicts through use of problem solving mechanism by addressing feelings. Furthermore the business empire should have created synergy in the workplace for combined output as a result of two people working together. Finally the company should have invested in the online platform and television stations because of the dwindling newspaper sales. Television uptake was rising thus this move would provide a competitive advantage. [...]
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OUTLINE: -Evaluate this family business using the tools and terms learned today. -For example what overlap of the System Theory model was missing from this business? Explain your answers. -In your opinion what do you think they could have done to stay in business? INCLUDE : -Title page -Report/Assignment Content -Introduction -Body (Heading) -Conclusion -Appendices -Cohobating data, research, etc. -Bibliography and other references
Subject Area: Business
Document Type: Dissertation