How costs and revenues should be shared

Assignment Help Business Law and Ethics

Reference no: EM133424204

Case Study: We have decided to make the argument that they should incorporate Artificial intelligence (Al) and machine learning technologies (ML) are likely to change the way we do business. Enhancing production processes, detecting business defects, and enabling predictive analytics are only a few examples where both Al and ML could be game changers. Semiconductors lie at the heart of this technological revolution. Almost all advanced technologies including cars. TVs, washing machines, mobile phones, and advanced weapons use semiconductors. Chang Xie, a computer geek, thinks she has a great idea to improve and simplify the very complicated processes of producing semiconductors. Todd initially was very skeptical but after discussing Chang's ideas, he felt that there is money to be made in these fields. So, after four months of hard work, both pitched their ideas to RedTek, a giant Canadian tech firm. To their surprise, RedTek offered them some money to start a business and improve their invention. However, Red Tek first needs to know more about this invention. Keeping this scenario in mind, answer the followin guestions Assuming they want to start a business, how should Xie and Todd structure their business? Should they establish a partnership or a corporation and why? You need to be very specific and clear in your advice. Betore you make your decision,

Questions: consider the following factors.

1. Management (who should be in control of this business and how?)

2. How costs and revenues should be shared 3. Duration, for how long this business should be established

Reference no: EM133424204

Questions Cloud

Determine the contribution margin ratio : Harry Company sells 38,000 units at $27 per unit. Variable costs are $18.09 per unit, and fixed costs are $105,000. Determine (a) the contribution margin ratio

Should the foreign key be mandatory or optional : where should you place the foreign key if one side is mandatory and one side is optional? Should the foreign key be mandatory or optional?

How neuroscience might influence social change : Explain how neuroscience might influence social change. Then research one question related to cognitive psychology that is interesting.

Summary on the basics and use of storage pools : summary on the basics and use of storage pools in Windows Server 2016 for virtual machines. Detail the benefits and or limitations of its use compared

How costs and revenues should be shared : Management (who should be in control of this business and how?) How costs and revenues should be shared Duration, for how long this business should be

Discuss the general rule is that most lawsuits must be : The general rule is that most lawsuits must be commenced within 2 years of discovering the claim (i.e. when the claimant knew or ought to have known

Distribute secret keys to two communicating parties : What is the difference between a message authentication code and a one-way hash function and List possible ways to distribute secret keys to two communicating

Explain of the importance of critical thinking : Importance of critical thinking and the implications of not questioning information. How you will use critical thinking to develop a Capstone paper.

Was there a binding contract between hoffman and red owl : but because there was no promise supported by consideration, there was no binding contract to give him a franchise. Was there a binding contract between

User Account

All Pages