Explain the concept of unlimited liability

Assignment Help Business Law and Ethics
Reference no: EM133291027

Assignment:

Choose any of the 16 Discussion Questions and craft a response, using the ABC model.

1) After completing his studies in architecture and securing his architectural license, John Smith wishes to start a business providing architectural design services to local schools, government, and hospitals. Should John form his business as a sole proprietor, partnership or corporation. Why?

2) Explain the concept of "unlimited liability". Why does a business owner want to avoid type of liability?

3) How is a horizontal merger different from a vertical merger? Provide examples.

4) What is meant by this statement "If you fail to plan, you plan to fail."

5) Assume you are a manager in your current work environment. What activities do you engage in on a daily or weekly basis that connect to the four functions of a manager: planning, organizing, leading, and controlling? Be specific in naming the activities and show how they are related to the four functions.

6) Describe your leadership style. Do you consider yourself an autocratic, democratic, or free-rein leader? Why do you characterize your leadership style as such.

7) How is a leader different from a manage? Provide examples of a manager and leader, either in the work place, community, government, or society.

8) Explain the concept of empowerment. How have you been empowered by someone, or how have you empowered others ?

9) Name 2-3 examples of a formal organization and informal organization in the work place. Explain why they are formal or informal.

10) Explain the "unity of command" principle espoused by Henri Fayol. Do you think it's the right thing to apply this principle in the workplace? Why?

11) How does the "unity of command" contrast with the matrix style of management? Please elaborate.

12) What are the duties of an operations manager?

13) If you are a manager, which theory (and by whom) would you use to motivate your employees? Why and how is this theory implement?

14) Explain, in your words, the motivation theory espoused by Frederick Herzberg. What factors motivate workers and what factors cause workers to be dissatisfied with their work and have little effect to their level of motivation. Do you agree or disagree with Herzberg's position that when an employee gets a higher paycheck, the additional money received has no or little effect on his/her motivation on the job. Defend your argument.

15) Do you consider yourself a Theory X or Theory Y manager? Why and why not?

16) Explain job enrichment, job enlargement, and job rotation. Why do employers provide employees with these job variations.

Reference no: EM133291027

Questions Cloud

Explain the delay to her patient in the lobby : No other providers are able to handle any of her appointments during the time she is gone. Explain the delay to her patient in the lobby.
What is the maximum potential net return on your bond : If the yield curve moves to a new level between 2.5% and 6%, what is the maximum potential net return on your bond position based on the duration/convexity
Find the replicating portfolio for a european call : Find the replicating portfolio for a European call option with the same underlying asset, strike K, and time to maturity T, and present the cash-flow
What is the rate of return investors earn on this investment : Assume these investments sell for ?$805 in return for which you receive $3,000 in 28 years. What is the rate of return investors earn on this investment
Explain the concept of unlimited liability : Explain the concept of "unlimited liability". Why does a business owner want to avoid type of liability?
What will be the impact on the banks balance sheet : If the bank experiences a $50,000 sudden liquidity drain, what will be the impact on the bank's balance sheet? (Elaborate explanation required)
Comment on capital attract greater scrutiny from regulators : managers do not want to maintain higher levels of capital because higher levels of capital attract greater scrutiny from bank regulators. Comment on this claim
What price did the bank pay for the note : The loan interest rate is r = 5%. On May 7, 2022, the note was sold to a bank that discounted the note at r = 3.0%. What price did the bank pay for the note
What is the status of the dodd-frank act now : Why was it created, and did it have the intended effects? What is the status of the Dodd-Frank Act now and what will happen to it in the future

Reviews

Write a Review

Business Law and Ethics Questions & Answers

  Legal environment of business caselet

The assignment in Law deals with the topic "Legal Environment of Business". A case study about Mary, a newly joined employee who is working in the USA and Europe. She faces few issues at her work place in Europe and tries to talk to her manager who s..

  Business ethics & legal issues caselet

This assignment is about the concept of Business Ethics & Legal Issues. The laws relating to these can be found in Antitrust laws. These laws are concerned with those large corporations which have a majority of market share, mergers and acquisitions.

  Questions on business law and ethics

Examples of securities that are exempted from the registration provisions of the 1933 Act and involving misstatement of material facts in a prospectus.

  Discuss the doctrine of ratification of pre-incorporation

With the aid of a decided cases, discuss the doctrine of ratification of pre-incorporation contract.

  Discuss the extent of phoenixing activity

It has been estimated that about 6,000 phoenix companies operate in Australia, costing government and the community hundreds of millions of dollars per year and impacting on individuals.

  Application of law to facts

Company Law, Application of Law to Facts and Conclusion.

  Question on business law and ethics

This assignment related to business law.

  Questions on business law

Answer all the questions under business law.

  Iidentify the issue raised by the facts

Iidentify the issue(s) raised by the facts, identify the relevant legal principles, apply the relevant legal principles to the facts, reach a conclusion.

  Evaluation of software development

Prepare a report and present an evaluation of the subsequent methodologies for software development in terms of cost, resources and time.

  Business value and ethics

Business value and ethics,  Bart agrees to put Sam's Super Bowl champion-ship autographed football in his sports store to sell for $1,500. Sam agrees to pay Bart a 15% commission for selling the ball. If Joe comes in the sports store and offers Bart ..

  Explain what is meant by income by ordinary concepts

Advise what tax consequences arise in respect of the payments.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd