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Lab 5 BU111.docx

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Wilfrid Laurier University
Sofy Carayannopoulos

TO: Derek Wade FROM: Ivana Jadrinko DATE: October 14, 1994. SUBJECT: Expansion of “Kids at Play” As you have requested, I have taken a look at the current problem at hand and I believe that it is in your best interest to pay the $1 000 000 to expand “Kids at Play” and have your three managers who have been there from the beginning become partners. My decision is based on the assumption that you wish to continue operating sales and that there will always be a market for children’s toys. The decision criteria I have used are as follows: a) Loyalty b) Profitability and Costs c) Time d) Efficiency 1. Loyalty of Mangers In expanding your business it would be key that the three managers that have been with the company since it was established be made into partners. This would be key because with the expansion there would be a lot more things for you to look over. These three managers would be ideal for the job because they know how you run things and have always been there, whereas anyone else hired would not be. They have been approached by competitors a
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