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In the table below, there are several alternatives listed that Andy Lewis could pursue to move forward. For each alternative, identify and discuss the potential
In the table below, there are several alternatives listed that Andy Lewis could pursue to move forward. For each alternative, identify and discuss the potential advantages (positives) and disadvantages (negatives).
Alternative | Potential Advantage/Positives | Potential Disadvantages/Negatives |
Taking little or no action and letting things go naturally as they have been | ||
Strongly encouraging his daughters to join the family businesses immediately | ||
Bringing in a non-family editor to serve as a bridge until a family member may be ready to take over | ||
Selling the paper and the insurance agency to someone outside the family | ||
Growing the paper electronically and expanding coverage of the newspaper beyond Woodville |
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