Manufacture it security hardware and software

Assignment Help Operation Management
Reference no: EM131693809

Your client and two of her associates agree to form a new business that will manufacture IT security hardware and software for the telecommunications industry. The three plan to do all the management of the business. The firm will also hire several employees in the areas of research and development, manufacturing, marketing, and financial analysis. To raise the necessary capital for the business, the three plan to have an additional 50 owners who will be passive investors in the business. All 50 have large amounts of passive income from other investments. One of the three managing owners has proposed that the business be formed as a limited liability partnership. Another wants to have a corporation or LLC. A third has suggested the limited partnership or LLLP.

For owners' liability purposes, why is the LLC better than the limited partnership?

Reference no: EM131693809

Questions Cloud

What is reliability function : A system has hazard rate of 0.015 failures per day. If 2 more identical redundant systems are added resulting in 3 parallel systems what is reliability function
Licensing rights to grow a new variety of rosebush : The owner of a greenhouse and nursery is considering whether to spend $6,000 to acquire the licensing rights to grow a new variety of rosebush,
Everyone is talking about regaining manufacturing jobs : Everyone is talking about regaining manufacturing jobs. Can Apple reshore its manufacturing? What is Apple’s core competency? Foxconn’s?
Bloomington breweries produces beer and ale : Bloomington Breweries produces beer and ale. Beer sells for $5 per band, and ale sells for $2 per barrel.
Manufacture it security hardware and software : Your client and two of her associates agree to form a new business that will manufacture IT security hardware and software for the telecommunications industry.
What is the injurer liability : In the event that the injurer causes an accident the victim will suffer damages equal to $400. What is the injurer's liability (dollar amount) with...
Estimate the cycle time of the manufacturing process : As Operations Manager, you would like to estimate the cycle time of the manufacturing process.
Involved very different facts but similar issues of law : Two cases in this chapter, transatlantic finanncing and bernina distributors, involved very different facts but similar issues of law.
Know which product mix needs to be manufactured : As Operations Manager, you would like to know which product mix needs to be manufactured.

Reviews

Write a Review

Operation Management Questions & Answers

  Shape your personal code of ethics and morality

What sources have helped shape your personal code of ethics and morality? What influences, if any, have ever pressured you to compromise those standards? Think of an experience you had at work or schools that tested your ethical standards. What did y..

  Explain how decisions concerning span of management

Explain how decisions concerning span of management, the use of committees also coordination techniques affect organizational structure.

  What factors led to the mortgage default crisis

What factors led to the mortgage default crisis? How did mortgage defaults affect banks involved in mortgage lending and mortgage investing? Securitization? TARP?

  Use the hazard vulnerability analysis

Describe how you will use the hazard vulnerability analysis

  Communication among executives and encourage confidence

To increase communication among executives and encourage confidence in each other, an IC's policies may include

  A matter of motivation-delayed promotion background

A MATTER OF MOTIVATION: THE DELAYED PROMOTION Background With considerable advance notice, the director of health information management (HIM) resigned to take a similar position in a hospital in another state. Describe the most likely motivational s..

  Improve efficiency are needed to make the city smart

More than smart systems that improve efficiency are needed to make the city “smart”. Discuss how take a more bottom-up view of how cities actually develop give us an opportunity to radically rethink what intelligent, connected communities of the futu..

  Explain the labour processes and the relations of production

explain the labour processes and the relations of production regarding that specific product in term of the material

  Estimate for the true population proportion

A decision maker is interested in estimating a population proportion. A sample of size n = 150 yields 115 successes. Based on these sample data, construct a 90% confidence interval estimate for the true population proportion.

  About implementing change development or models

How do/will organizations go about implementing change development or models? And, what is the cross-sections of implementing change, org vision, and org stategy? What does your textbook and the extant research literature purport on this area of inqu..

  Define all of the code components

Assume that you are about to deposit $1000 in a passbook savings account that pays an annual interest of 4 percent. Develop a model that will determine the total amount of money you will have in the account at the end of the first year. Also, define ..

  Billy ordered two rooms of furniture from rooms-to-go

Billy ordered two rooms of furniture from Rooms-To-Go. Billy paid the full price of both rooms, but asked Rooms-To-Go to deliver one of the rooms of furniture immediately and to hold the other room of furniture for a few weeks until some renovations ..

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