StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Robbins and Barrows Partnership - Assignment Example

Cite this document
Summary
This assignment "Robbins and Barrows Partnership" focuses on Robbins acting in an unethical way. Robbins is taking advantage of the partnership by putting in less work while enjoying the same benefits as Barrow, who is tirelessly working to ensure that the partnership is a success. …
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER97.2% of users find it useful
Robbins and Barrows Partnership
Read Text Preview

Extract of sample "Robbins and Barrows Partnership"

Robbins and Barrows Partnership Robbins is acting in an unethical way. Robbins is taking advantage of the partnership by putting in less work while enjoying the same benefits as Barrow, who is tirelessly working to ensure that the partnership is a success. It is evident that both parties have a 50-50 stake in the business and therefore should share tasks and income equally. Judging by Robbin's reaction, it is clear that he is not driven towards improving the business, but rather he fancies the partnership as it allows him to enjoy life while still raking in big income.

Before the merger, he was unable to abandon his job due to fear of losing both revenue and customers. But now that he has a colleague that is hardworking and willing to go the extra mile to ensure the business is a success, he does not think twice about leaving. Barrow should renegotiate the agreement and make several changes. First of all, the 50-50 term should be changed, such that each person is paid according to the amount of work he has done or the total weekly hours that he has worked. Holiday work and extra hours should also be compensated.

He should also include in the agreement that each member can get live periodically as the other member works. If Robbins still wants them to share the income on a 50-50 basis, then Barrow should also inform him that work is also to be shared equally. Barrow should notify him that he has a family too that he would like to spend time with and it would not be fair if he spends all his time and energy in the business while Robbins is busy enjoying himself. If Robbins declines these terms, then it would be plausible if Barrow worked alone as he is getting short-changed.

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Accounting Assignment Example | Topics and Well Written Essays - 250 words - 16”, n.d.)
Retrieved from https://studentshare.org/finance-accounting/1677627-accounting
(Accounting Assignment Example | Topics and Well Written Essays - 250 Words - 16)
https://studentshare.org/finance-accounting/1677627-accounting.
“Accounting Assignment Example | Topics and Well Written Essays - 250 Words - 16”, n.d. https://studentshare.org/finance-accounting/1677627-accounting.
  • Cited: 0 times

CHECK THESE SAMPLES OF Robbins and Barrows Partnership

Cultural Change

Human resources policies and practices have to change to attract and keep a more diverse workforce (robbins, 2003).... The substitution of computer control for direct supervision for instance is resulting in wider spans of control for managers and flatter organizations (robbins, 2003)....
17 Pages (4250 words) Research Paper

Illegal Drug Business

It sheds light on how a street-based partnership became a running organized business with a clear and planned division of labor.... This essay "Illegal Drug Business" will look at the largest market in the world for drugs.... The illegal drug business is expanding by leaps and bounds in North America and many other regions of the world....
6 Pages (1500 words) Essay

Employment Law

The following paper deals with the employment law.... It is mentioned that under Employment Rights Act, an employer is defined as the person who hires under Contract of Employment its workers as organization's human resources that will be tasked with roles and responsibilities in exchange for salaries....
12 Pages (3000 words) Research Paper

Global Entrepreneurship - Indonesian Culture

This paper under the headline 'Global Entrepreneurship - Indonesian Culture" focuses on the fact that the author's cross-cultural 'buddy' was Patrick Juntak whose home country is Indonesia and he has made a great impact in the author's life in the past few months.... ... ... ... Patrick comes from a family of four children who all reside in the United States....
10 Pages (2500 words) Essay

Adult friendship characteristics

On behalf of the qualitative analysis findings from a program,which I conducted of theoretical and empirical research regarding friendship from an exclusive array of British students and employees from Midlands,I investigated open-ended interviews with over 50 persons including adults ranging from 22-39 years of age....
14 Pages (3500 words) Essay

Supply Chain Management of Dunkin Donuts

This essay "Supply Chain Management of Dunkin' Donuts" presents the working structure of the supply chain management system that has made Dunkin' Donuts one of the most successful brands in the world.... The essay is limited to the product supply chain of Dunkin' Donuts' food and beverage items.... ...
10 Pages (2500 words) Essay

Analysis of a cultural or MICE sector organisation

I.... C.... E.... denotes meetings, incentives, conferences and exhibitions.... The short form may at times may be used inconsistently, where the ‘C' may at times refer to conventions, whilst the ‘E' is refers to events.... M.... I.... C.... E.... may also used to refer to a particular class of....
16 Pages (4000 words) Essay

Collegiality in Organization Behavior

The mission of organization behavior is the application is the concepts of behavioral sciences in an organization (robbins, 2004).... This paper attempts to describe what the organization is, then proceed to understand what organization behavior is and lastly link collegiality with organization behavior....
12 Pages (3000 words) Term Paper
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us