MrSmith and Mr

question 69

Multiple Choice

Mr.Smith and Mr.Blue enter into a partnership at will in which each owns half of the business.Mr.Blue decides to leave the partnership.What should Mr.Blue be paid for leaving the business?

• A) Mr.Blue should be paid half of the value of the business.
• B) Mr.Blue should receive 15% of the value of the business for leaving agreement.
• C) Mr.Blue receives 1/3 of the value of the business for leaving.
• D) Mr.Blue receives nothing for his dissociation.

---

Definitions:

Strategy Development

Strategy development involves formulating plans and policies to achieve major business goals and objectives, taking into consideration the resources available and the external environment.

Resource-Based View

A framework for understanding competitive advantage that emphasizes the strategic value of a firm's resources and capabilities.

Competitive Advantages

The attributes that allow an organization to outperform its competitors, including cost structure, product offerings, brand, and customer service.

Sustainable Competitive Advantage

A long-term, defendable position a company holds over competitors, often through unique resources, capabilities, or technologies.