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The President of a Successful Lumberyard Has Decided to Retire

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Essay

The president of a successful lumberyard has decided to retire in a year. There are two relatives working in the lumberyard who want to take over,but have little business knowledge. The president wants to keep the company in family hands. What should be done so the company stays in the family?


Definitions:

Apalachee

A Native American people historically located in the Florida Panhandle, known for their mound-building and agricultural practices.

Royal Governor

A representative appointed by a monarch to govern a colony, region, or country, often wielding administrative authority on behalf of the crown.

William Berkeley

Was a colonial governor of Virginia, known for his role during the Bacon's Rebellion and his influence in the early development of the colony.

English Civil War

A series of armed conflicts and political machinations between Parliamentarians and Royalists over, principally, the manner of England's governance (1642-1651).

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