Describe how you would handle the decision making process in the following scenario: You and a close family member have decided to open your own retail clothing store. You have equal investment risk, but different skill sets that bring a well-rounded approach to the overall business strategy. Critical business decisions must be made and as with any business there are times when partners do not agree. Write a paper describing the business decision making process and how conflicts would be resolved for launching a controversial line of clothes. Your paper should include the following:
Consider the special challenge of working to make a company decision with family involvement.
The requirements below must be met for your paper to be accepted and graded:
Reference material (data, dates, graphs, quotes, paraphrased words, values, etc.) must be identified in the paper and listed on a reference page.Reference material (data, dates, graphs, quotes, paraphrased words, values, etc.) must come from sources such as, scholarly journals found in EBSCOhost, online newspapers such as The Wall Street Journal, government websites, etc. Sources such as Wikis, Yahoo Answers, eHow, etc. are not acceptable. A detailed explanation of how to cite a source using APA can be found here (link).
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