Selena Joins Kona's Management Consulting Business

question 69

Essay

Selena joins Kona's management consulting business.They do not indicate whether Selena is Kona's partner,but Selena receives 34 percent of the profits of the business and makes decisions regarding which clients the business should accept.Two years later,Selena leaves the business to start a singing career.Selena claims she owns a portion of the value of the business.Is Selena correct?

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Definitions:

Enhanced Customer Service

Improved support and assistance provided to customers, leading to higher satisfaction and loyalty.

Competitive Advantage

A condition or circumstance that puts a company in a favorable or superior business position compared to its competitors.

Great Locations

Prime or advantageous physical positions for businesses, typically offering high visibility, accessibility, and customer traffic.

Proximity

The physical or psychological closeness between people, places, or things, often influencing interactions and communications.