Dan Foreman (Dennis Quaid) is an experienced advertisement sales executive at Sports America, a famous sports magazine. Another company takes over the magazine and many in the staff face being laid off under the new management. Dan is demoted and placed under supervisor Carter Duryea (Topher Grace), who is half his age. In addition to this embarrassment, Dan’s wife (Marg Helgenberger) is discovered to be pregnant with their third child. This is an unplanned pregnancy and both their daughters are teenagers.
One by one, the staff of the magazine gets laid off and Dan finds himself under threat of losing job. But suddenly Carter becomes friendlier with him and Dan doesn’t know that is due to Carter’s romantic involvement with his daughter, Alex (Scarlet Johnson.) When he finds out that the daughter is sleeping with Carter, Dan punches him in the face at a restaurant in front of the onlookers.
In Good Company would be a good movie for those who in the Management Studies as well since it talks about corporate takeovers, administration issues, marketing, etc. as well.