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Topic 1: Corporate Operating Agreements
Ron Cardigan, son of Camille and Ray (Camille's first husband) has met with Camille and Candie to form a limited liability company designed to be a place where young future clothing designers can work as part of an internship before entering fashion design school. Ron contributes 40% of the capital, and Camille and Candie each contribute 30%. Because it was Ron's idea, he assumes he will receive more of the profits than Camille and Candie. Further, his contribution was greater than each of theirs. Camille and Candie feel they should all split the profits equally, as everyone has a unique talent that is being brought forth to run the new business. A dispute over the profits arises, and ultimately a court has to decide the issue.
Determine the following:
Justify your answer using information from your Reading and be sure to:
Describe what the author means by the statement that ‘Every manager is an HR manager'. Do you agree? Give instances to back-up your point of view.
How will you get the data you need to test your hypotheses? What tools or devices will you use to make or record observations? How will you choose the sample?
law issue in business1. you have decided to start a business that buys tax liens on real estate that are sold over the
Suzy contributed business-related assets valued at $360,000 (basis of $200,000) in exchange for her 40% interest in the Suz-Anna Partnership. Anna contributed land and a building valued at $640,000 (basis of $380,000) in exchange for the remai..
1. How does a process best use an organization's resources to provide something of value? Provide an example of a process from your own organization and discuss how it creates additional value from the organization's resources.
Last year your company built 1,5000,000 units of product Able and sold 1,405,000. After 12 months in R&D, a revision of product Able is due out tomorrow on January 2 (The first business day of this year). What will happen to the unsold inventory of 9..
With this in mind, what type of incentive program would you recommend for these sales employees and what rationale do you have for your approach
What has been your experience with controlling? Can you give some examples? Is this an important function of management? Why?
Discussion Topic: Annual Reports of the Coca-Cola Company and Wal-Mart For this week's Discussion, you will review the annual reports of the Coca-Cola Company and Wal-Mart, two of the largest publicly traded firms in America. Coca-Cola and Wal-Mar..
The firm is facing the dilemma of a much required demand for alternative fuel for the nation, and it has seen a sudden spike in product demand.
Compare and contrast virtual meetings with live events. Don't dwell too much on costs.
Explain If interest payments are made semiannually and what is the value of the bond
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