Reference no: EM131128743
1. Which of the following is correct concerning the management of close corporations?
A. Modern close corporation statutes require close corporations to comply with most management formalities.
B. The MBCA Statutory Close Corporation Supplement grants the shareholders unlimited power to restrict the discretion of the board of directors.
C. The MBCA Statutory Close Corporation Supplement permits a close corporation to dispense with shareholders and directors.
D. The California General Corporation Law permits a close corporation to be managed as if it were a sole proprietorship.
E. All of the above are correct.
2. Toxins Inc. is a very successful chemical company. However, to reduce costs and further increase profits, the CEO of Toxins orders Toxins' employees to violate federal laws concerning labeling of chemicals. The United States Department of Justice file a lawsuit against Toxins for criminal violations of the law. Has Toxins committed criminal violations?
A. No, because the board of directors did not authorize the president or the other employees to violate federal law.
B. Yes, because a corporation is always liable for all the crimes committed by its employees
C. Yes, because the CEO, a high-level administrator of Toxins, authorized the crimes.
D. No, because a corporation is not liable for most crimes committed by its employees
E. None of the above answers is correct.
Identify the three components of the business model
: After reading Chapter 1 in Foundations of Strategy, identify the three components of the business model used by "Tough Mudder LLC: Turning Mud Runs Into a Global Business."
|
Clearly define the holding cost-ordering cost
: Whole Foods utilizes recycled bags to pack customer orders. Up until now, WF has been outsourcing the production of these bags. WF is considering purchasing a manufacturing facility in Texas called WholeGoods to support their core business functional..
|
Write a position paper on consumer driven health care
: For the Session Long Project we will explore health care policies from the standpoint of the health care manager. For the fourth component of the Session Long Project, please write a position paper on consumer driven health care.
|
In understanding motivation by applying
: Your job right now is to finish reading this chapter. How strongly would you be motivated to do that if you were sweating in a room at 105 degrees Fahrenheit? Imagine your roommate has turned on the air-conditioning.
|
Concerning the management of close corporations
: Which of the following is correct concerning the management of close corporations? Toxins Inc. is a very successful chemical company. However, to reduce costs and further increase profits, the CEO of Toxins orders Toxins' employees to violate federal..
|
Stew leonard build long-term customer relationships
: 1. What is Stew Leonard's value proposition? How does Stew Leonard's build long-term customer relationships?
|
Prepare a cash budget for each of the six months
: Prepare a cash budget for each of the six months to 31 December 2009, showing the cash balance at the end of each month - Describe the objectives of budgetary planning and control systems.
|
Men video demonstrates group behavior
: The Twelve Angry Men video demonstrates group behavior, communication and decision-making. Describe how the jurors' filters/perceptions/mental models/experiences impacted communication, the group dynamics and the decision making process.
|
What do you believe is the action an hrm function could take
: What do you believe is the action an HRM function could take that will do the most to help reduce the problems of under-employment and unemployment in the United States? Defend your choice of the action with justification supported by the article,..
|