4. If your friend in Situation 2 decides to write a business plan, what advice would you give her? 5. In Situation 3, when looking into why the profits were not up to expectations, Rose discovered that Martin had been embezzling funds from the company. In addition to this problem, what other issues might have contributed to the firm's poor performance? 6. What could Rose have done in Situation 3 to reduce the chance of Martin's embezzlement? What are his options now?

4. If your friend in Situation 2 decides to write a business plan, what advice would you give her? 5. In Situation 3, when looking into why the profits were not up to expectations, Rose discovered that Martin had been embezzling funds from the company. In addition to this problem, what other issues might have contributed to the firm's poor performance? 6. What could Rose have done in Situation 3 to reduce the chance of Martin's embezzlement? What are his options now?

Foundations of Business (MindTap Course List)

6th Edition

ISBN:9781337386920

Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor

Publisher:William M. Pride, Robert J. Hughes, Jack R. Kapoor

Chapter16: Mastering Financial Management

Section: Chapter Questions

Problem 5DQ

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