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Jimmy is the CEO of News Corp. His son, Johnny, runs Television Inc. One day Jimmy suggests that Johnny sell Television Inc. to News Corp. Jimmy and Johnny work together to radically inflate the value of Television Inc. Jimmy brings a proposal to the Board of Directors to buy Television Inc. for $500 million dollars even though the corporation is only worth $2 million. The board of directors diligently examines the transaction, but due to clever forgeries, the board does not discover the radical inflation of the corporation. Jimmy never discloses his relationship with Johnny. The sale goes through, and it is shortly discovered that Television Inc., is practically worthless.
A shareholder sues alleging that Jimmy violated his fiduciary duty of loyalty.
Additionally, the shareholder claims that the directors violated their fiduciary duties of care.
Is the shareholder correct?
Describe a time when you effective communication in a business. Discuss at least three reason why you preceived the communication to be effective andexplain the resulting impact to the business
The annual holding cost rate is 40%, annual demand is 900, and the order cost is $20 per order. The lead time is 4 days. The store is open 300 days per year. What is the optimal order quantity?
Assume you are the HR Manager of a medium sized company. You have an exempt open position to fill and have received several applications/resumes. This department has taken a lot of your time because they don't get along very well, but yet there has b..
How does the articulation of strategic intent affect the strategic planning and management process? Could organizations be just as effective without clear statements of strategic intent?
Christian runs a small chocolate shop. He manages his chocolate raw material using a periodic review system. Daily demand has a mean of 100 pounds and standard deviation of 10 pounds.
what are the three main staffing strategies for international business? Which strategy becomes more popular now for global organizations and why?
Assume the project sponsor within a major corporation has championed a project for the past year, and the concept was finally approved. Of the strategies a sponsor would use to ensure project success, describe three that you think are the most imp..
The fixed costs for the machine is $16,000, and its variable cost is $4.50 per unit. ABC charges $8.50 to balance one wheel, the break-even point for the balancer. What is her break-even point in units?
Select a process you perform daily but would like to spend less time doing, like driving to work. Design a flowchart using an appropriate tool. Comment on the factors which affect the process design.
What should Susan recommend? Make or Buy? Why? Choose one.
This activity involves practical demonstration of tasks to your supervisor, trainer or assessor. Identify the health and safety requirements relevant to your workplace. consult with staff with regard to hazards, risk assessment and the development of..
Assume the packing of the two components is totally automated also is small enough which you can ignore it. Illustrate what is the average hourly o/p, in terms of the number of units of packaged product (which includes one component A also one com..
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