Augustine Heard & Co.: Building a Family Business in the China Trade (A) Case Solution
This is just an excerpt. This case is about LEADERSHIP & MANAGING PEOPLE
PUBLICATION DATE: June 14, 2016
Augustine Heard Sr. established Augustine Heard & Company, a commission home concentrated on trade in between China and the United States, in 1840. He invited his 4 relatives into the family organisation as it broadened in the progressively complicated financial and political environment of 19th century China. By 1861, the business had actually been thriving for numerous years, however the context for foreign trade in China was altering. How could they finest take benefit of the altering atmosphere in China?