Amarnath Gupta and Sons: The Family Business Case Solution
This is just an excerpt. This case is about LEADERSHIP & MANAGING PEOPLE
PUBLICATION DATE: October 31, 2016
Amarnath Gupta and Sons was a supplier of lubes and owner of a fuel pump based in Alwar, Rajasthan, India. Business was initially established as a family-owned single gas pump in 1953. The relative presently in charge of day-to-day operations had actually broadened business substantially, specifically considering that the entry of brand-new international gamers in the Indian lube market. In 2013, this owner-partner was taking a look at methods to include his children-one of whom had actually completed college (a kid), among whom remained in college (a child), and among whom will begin college (a child)-in the family company. Should 3 services be developed for all of the 3 kids, or should they all belong to the exact same business? How could the next generation go into business effectively? Rajesh Panda is connected with Symbiosis Institute of Business Management Pune. Pooja Gupta is associated with Symbiosis International University. Madhvi Sethi is associated with Symbiosis Institute of International Business.