Scribd Logo
Upload

Welcome to Scribd!

  • 889 views

    Instruction: Mini Case 1: Awang's Dilemma

    Uploaded by

    Shalini Velu
    Awang, a skilled machinist with 12 years of experience working for Daud, is offered the opportunity to buy Daud's successful machine shop business. Daud wants to retire after 42 years of running the business and feels that Awang has the skills and dedication to quality to continue the business. Awang is surprised by the offer as he was unaware of Daud's retirement plans. While Awang has expertise in the technical aspects of the work, he has no experience or training in business administration. Taking over the business would mean taking on significant financial risk and responsibility for running all business operations, which Awang is uncertain he can handle successfully.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd

    Instruction: Mini Case 1: Awang's Dilemma

    Uploaded by

    Shalini Velu
    889 views1 page
    Awang, a skilled machinist with 12 years of experience working for Daud, is offered the opportunity to buy Daud's successful machine shop business. Daud wants to retire after 42 years of running the business and feels that Awang has the skills and dedication to quality to continue the business. Awang is surprised by the offer as he was unaware of Daud's retirement plans. While Awang has expertise in the technical aspects of the work, he has no experience or training in business administration. Taking over the business would mean taking on significant financial risk and responsibility for running all business operations, which Awang is uncertain he can handle successfully.

    Original Description:

    notes

    Original Title

    Awang's Dilemma

    Copyright

    © © All Rights Reserved

    Available Formats

    DOCX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Awang, a skilled machinist with 12 years of experience working for Daud, is offered the opportunity to buy Daud's successful machine shop business. Daud wants to retire after 42 years of running the business and feels that Awang has the skills and dedication to quality to continue the business. Awang is surprised by the offer as he was unaware of Daud's retirement plans. While Awang has expertise in the technical aspects of the work, he has no experience or training in business administration. Taking over the business would mean taking on significant financial risk and responsibility for running all business operations, which Awang is uncertain he can handle successfully.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    889 views1 page

    Instruction: Mini Case 1: Awang's Dilemma

    Uploaded by

    Shalini Velu
    Awang, a skilled machinist with 12 years of experience working for Daud, is offered the opportunity to buy Daud's successful machine shop business. Daud wants to retire after 42 years of running the business and feels that Awang has the skills and dedication to quality to continue the business. Awang is surprised by the offer as he was unaware of Daud's retirement plans. While Awang has expertise in the technical aspects of the work, he has no experience or training in business administration. Taking over the business would mean taking on significant financial risk and responsibility for running all business operations, which Awang is uncertain he can handle successfully.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    You are on page 1of 1

    INSTRUCTION:

    Answer ALL questions in the space provided.


    Mini Case 1: Awang's Dilemma
    Awang was a real craftsman when it came to being a machinist. Awang had learned almost
    all that he knew from Daud, his first and only employer. Awang was married and had three
    young children. He was 33 years old and had worked for Daud ever since he finished his tour
    in the Army. In 12 years, Awang had polished his skills under the watchful and critical eye of
    Daud. Daud was quick to recognize Awang's talent for the trade. Awang had a positive
    attitude about learning and displayed a drive for perfection that Daud admired.Daud's
    Machine Shop was a successful small business. Its success was based mostly on thereputation
    for quality that had been established over its 42 years in operation. Daud had come to this
    country with his new wife, Salmah, when he was in his late twenties. Now the business was
    a success, but Daud remembered the early years when he and Salmah had to struggle.
    Daudwanted the business to continue to produce the highest quality craftsman products
    possible. On aFriday evening, he called Awang into his office at closing time, poured him a
    cup of half-day-old coffee, and began to talk with him about the future.
    "Awang, Salmah and I are getting old and I want to retire. It has been 42 years of fun but
    theseold hands need a rest. In short, Salmah and I would like you to buy the business. We
    both feel that your heart is in this craft and that you would always retain the quality that we
    have stood for." Awang was taken back by the offer. He, of course, knew Daud was getting
    older, but had no idea Daud would retire. Awang and his wife, Timah, had only RM4,200 in
    the bank. Most of Awang's salary went for the normal costs of rearing three children. Daud
    knew Awang did not have the money to buy the business in cash, but he was willing to take a
    portion of the profits for
    the next 15 years and a modest initial investment from Awang.Awang had, for the past four
    years, made most of the technical decisions in the shop. Awang
    knew the customers and was well respected by the employees. He had never been involved in
    the business side of the operation. He was a high school graduate but had never taken
    business courses. Awang was told by Daud that even after deducting the percentage of the
    profits he would owe under the sales agreement, he would be able to almost double his
    annual earnings.
    Awang would have to take on all the business functions himself because Timah had no
    businesstraining either.

    You might also like