Case 1. ST. ANDREW COLLEGE OF BUSINESS AND SCIENCE: Who Can I Turn To?
After the death of her husband, Mrs. Gloria Tadino started operating her own elementary school.
After five years, she was requested by the parents of her students to open a high school department and
she reluctantly obliged. When the total enrolment exceeded one thousand students, she opened the
college department. By the year 2012, the school has become popular throughout Central Luzon with its
newly registered name: St. Andrew College of Business of Business and Science (SACBS). As of 2012, the
number of students enrolled are as follows:
Elementary = 1,030
High School = 957
College = 6, 342
In educating students, SACBS has an excellent record. The passing rate of its graduates is above
the national average in the various licensure examinations. Financially, the school is a “going concern.”
Banks rate the school as a good credit risk.
Mrs. Tadino is already 60 years old and is beginning to worry about her replacement as president
of SACBS. She has three sons and wants one of them to take over as soon as possible. Although she is sure
that whoever she chooses would gladly accept, she wants to make an intelligent choice.
Gloria’s eldest son Mario is 35 years old, an electronics engineer, and is working as network
administrator of a big communication firm in Makati. Mario is the immediate superior of five other
