When the Bank cuts the Cord Case Study

Attached is the case study, “When the Bank Cuts the Cord.” Please read the case thoroughly.

**In 150-200 words, briefly summarize the key points of the case.

**Then, in 1-2 well-developed paragraphs each, address the three questions at the end of the case. Be sure to use specific terminology and concepts from the text chapters. Questions:

1. Kevin Semcken identified some possible alternative solutions to his financing problem. Did he come up with all possible alternatives, or can you think of more?

2. Do you agree with board member Rob Cascella, who told Kevin to concentrate on producing headphones and put off the Sound Fit for later … or do you agree with Kevin, who sees Sound Fit as the future of Able Planet? Defend your choice.

3. As a small business consultant, what would you advise Kevin Semcken do to guide Able Planet through its financial storm?

**Finally, in 150-200 words, conclude the case analysis with any other recommendations that you can suggest.

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