Down On The Farm
Keywords:
Case Study, family businesses, succession planning, migrant workers, business case, Entrepreneurship, ethical implicationsAbstract
The Craddock family are longtime and influential members of their community in eastern North Carolina. The family has been engaged in farming for over two centuries and has expanded into land development, trucking, and, most recently, into international sales of used cars. These businesses are owned and managed by the three Craddock brothers.
This case describes the family structure and presents three major problems currently facing them: succession planning, farming problems, and globalization. There is no succession plan in place, other than that the last living brother will be bought out by the other families. The farming operation is seasonal and farming over 5,000 acres requires the use of seasonal migrant workers, most of whom are immigrants. Many potential legal and ethical problems are associated with hiring, housing, and obtaining appropriate documentation for these workers. A new venture into global sales provides both opportunities and risks as the brothers decide whether they should continue to expand this and other global operations.
This case is intended for upper-level undergraduate business classes. It is particularly well suited for a course focusing on Entrepreneurship or Family-Owned Businesses. Students are presented with three very different problems, each of which has legal, practical, and ethical implications. Students are provided with information about Ethical Decision Making Theories in an Appendix and are asked to apply these theories.
The three different problem areas are succession planning, employment of migrant workers, and entry into the global marketplace. The instructor can assign all three problems or only a portion of them.
Downloads
Published
Issue
Section
License
Copyright (c) 2008 Author retains copyright
This work is licensed under a Creative Commons Attribution-NoDerivatives 4.0 International License.
Authors who publish with this journal agree to the following terms:
- Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
- Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.
- Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).