MNE3704
assignmen
ASSIGNMENT 2 SEMESTER 1 2025
UNIQUE CODE:
Detailed Solutions, References & Explanations
DUE DATE: March 2025
Terms of use
By making use of this document you agree to:
Use this document as a guide for learning,
comparison and reference purpose,
Not to duplicate, reproduce and/or misrepresent the
contents of this document as your own work,
Fully accept the consequences should you plagiarise
or misuse this document.
Disclaimer
Extreme care has been used to create this
document, however the contents are provided “as
is” without any representations or warranties,
express or implied. The author assumes no
liability as a result of reliance and use of the
contents of this document. This document is to
be used for comparison, research and reference
purposes ONLY. No part of this document may be
reproduced, resold or transmitted in any form or
by any means.
, 0688120934
PREVIEW
Question 1
The Murdoch dynasty falls under the family-first system of the family-ownership-
management model.
Question 2
The Murdoch dynasty best fits the family-first system in the family-ownership-
management framework. This system is characterised by decision-making processes
and business practices that prioritise the interests and preferences of the family over
those of the business or its shareholders. In the Murdoch family, we observe that the
control and succession of News Corporation are deeply influenced by Rupert Murdoch’s
personal preferences regarding his children’s involvement and legacy, rather than a
strict adherence to managerial merit or ownership equity structures.
The defining element of the family-first system, as outlined by Poza and Daugherty
(2019), is its prioritisation of family unity, continuity, and emotional ties above economic
or managerial rationality. Decisions are often based on familial ties rather than
competence or strategic necessity. For instance, Rupert Murdoch’s favouring of his
children—particularly James, Lachlan, and Elisabeth—for senior roles in the family
business despite internal conflicts and sometimes questionable qualifications exemplify
this system. Elisabeth was appointed to a senior role at BSkyB with only minimal
management experience, a move described as controversial in the case study. Later,
her production company Shine was purchased by News Corp. for $675 million—a
decision viewed by many as both a personal and strategic signal of her return to family
favour.
Disclaimer
Extreme care has been used to create this document, however the contents are provided “as is”
without any representations or warranties, express or implied. The author assumes no liability as
a result of reliance and use of the contents of this document. This document is to be used for
comparison, research and reference purposes ONLY. No part of this document may be
reproduced, resold or transmitted in any form or by any means.
assignmen
ASSIGNMENT 2 SEMESTER 1 2025
UNIQUE CODE:
Detailed Solutions, References & Explanations
DUE DATE: March 2025
Terms of use
By making use of this document you agree to:
Use this document as a guide for learning,
comparison and reference purpose,
Not to duplicate, reproduce and/or misrepresent the
contents of this document as your own work,
Fully accept the consequences should you plagiarise
or misuse this document.
Disclaimer
Extreme care has been used to create this
document, however the contents are provided “as
is” without any representations or warranties,
express or implied. The author assumes no
liability as a result of reliance and use of the
contents of this document. This document is to
be used for comparison, research and reference
purposes ONLY. No part of this document may be
reproduced, resold or transmitted in any form or
by any means.
, 0688120934
PREVIEW
Question 1
The Murdoch dynasty falls under the family-first system of the family-ownership-
management model.
Question 2
The Murdoch dynasty best fits the family-first system in the family-ownership-
management framework. This system is characterised by decision-making processes
and business practices that prioritise the interests and preferences of the family over
those of the business or its shareholders. In the Murdoch family, we observe that the
control and succession of News Corporation are deeply influenced by Rupert Murdoch’s
personal preferences regarding his children’s involvement and legacy, rather than a
strict adherence to managerial merit or ownership equity structures.
The defining element of the family-first system, as outlined by Poza and Daugherty
(2019), is its prioritisation of family unity, continuity, and emotional ties above economic
or managerial rationality. Decisions are often based on familial ties rather than
competence or strategic necessity. For instance, Rupert Murdoch’s favouring of his
children—particularly James, Lachlan, and Elisabeth—for senior roles in the family
business despite internal conflicts and sometimes questionable qualifications exemplify
this system. Elisabeth was appointed to a senior role at BSkyB with only minimal
management experience, a move described as controversial in the case study. Later,
her production company Shine was purchased by News Corp. for $675 million—a
decision viewed by many as both a personal and strategic signal of her return to family
favour.
Disclaimer
Extreme care has been used to create this document, however the contents are provided “as is”
without any representations or warranties, express or implied. The author assumes no liability as
a result of reliance and use of the contents of this document. This document is to be used for
comparison, research and reference purposes ONLY. No part of this document may be
reproduced, resold or transmitted in any form or by any means.
