Customer Trust or Business Realities: Trying to Keep a Small, Family Firm Alive in

Author
Neil Tocher, Idaho State University
Region
North America
Topic
Entrepreneurship
Human Resources & Organizational Behavior
Strategy & General Management
Length
3 pages
Keywords
strategic decision-making
family business
customer loyalty
Economic Turmoil
Labor Shortage
Student Price
$4.00
Target Audience
Undergraduate Students

This decision-based critical incident describes Jorge’s concern about how to deal with the double bind of customer backlash caused by charging large deposits for propane tanks while facing a severe labor shortage. The double bind of customer backlash and a labor shortage threatened the viability of Gutierrez Gas, which Jorge had operated since graduating from university. Jorge needed a miracle solution to help prevent the loss of propane tanks, retain his customer base, and keep his firm appropriately staffed.

Learning Outcomes

After completing this assignment, students will be able to:

1. Explain how economic turbulence is a catalyst for disastrous disruption to previously successful small, family-owned businesses

2. Develop mutually beneficial creative solutions to managerial problems

3. Analyze and debate the positives and negatives to strategic business decisions