What management traps has Adrian presented to Grant that have been discussed in the chapter? Explain. Also,

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What management traps has Adrian presented to Grant that have been discussed in the chapter? Explain. Also, what guidance would you give Grant on his decision to buy Cloud Enterprises? Why?

Grant Hartzell is actively searching to buy a Cloud storage firm. Grant has recently traveled across the country surveying Cloud storage companies and believes he has found the winner in Cloud Enterprises.
Cloud Enterprises has been solely owned by Adrian Snyder for five years. However, Adrian is now 73 years old and feels it’s time to sell his business.
Grant ultimately found Cloud Enterprises to be his best option because of how personable Adrian was when he visited. Liking the open communication, Grant prompted Adrian if he had considered selling his business. Luckily for Grant, he caught Adrian at the right time as he had reached out to other potential buyers just a week earlier —leaving Grant ample time to place a bid. Grant was excited by Adrian’s willingness to sell and the potential opportunity to own the business. In order to learn more about the business, Grant requested to hold separate one-on-one meetings with Adrian to discuss the financials and operations of the business. Adrian happily agreed.

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