Joe and Sam Set Up an Import/export Business in Partnership

question 90

Essay

Joe and Sam set up an import/export business in partnership, but they needed extra money. Harry was invited to invest as a limited partner. Unfortunately, the business began to lose money because of the poor business sense of Joe and Sam. Harry has the business expertise to turn the business around, or at least, so he thinks. What would your advice be to Harry in these circumstances?

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Definitions:

Zone of Proximal Development

A concept in educational psychology referring to the difference between what a learner can do without help and what they can achieve with guidance or encouragement.

Homework Assignment

A task or work assigned to students by teachers to be completed outside the classroom, intended to reinforce learning, practice skills, or prepare for future lessons.

Geometry

The branch of mathematics concerned with the properties and relations of points, lines, surfaces, and solids.

Maturation

The process of development in which an individual reaches a higher level of complexity and functionality, often through natural growth or learning.