Results in a dramatic decrease in profits

Assignment Help Operation Management
Reference no: EM131486816

Mitch is a director and officer of Numero Uno, Inc. Mitch makes a marketing decision that results in a dramatic decrease in profits for Numero Uno and its shareholders. The shareholders accuse Mitch of breaching his fiduciary duty to the corporation. What is Mitch’s best defense against this accusation? Later, the Numero Uno board considers a resolution for the firm to compete with One-of-a-Kind Corporation. Mitch is a director and shareholder of One-of-a-Kind. What is Mitch’s responsibility in this situation??

Reference no: EM131486816

Questions Cloud

Watch the video -what makes muscles grow : Watch the video -What makes muscles grow? By Jeffrey Siegel.Write a refelection paper on it.
Description of how a healthcare administration leader : A description of how a healthcare administration leader might influence the public policy process to the advantage of a health services organization.
Evaluate one of the given mutual fund : Choose one of the following three funds, enter its symbol, and click on the Quote Lookup button: Oppenheimer International Bond Fund (OIBAX), Janus Enterprise.
How the emr is useful in the risk management : Depict how the EMR is useful in the risk management and quality improvement activities. Describe the GEMS framework, error types and to give an example.
Results in a dramatic decrease in profits : Mitch is a director and officer of Numero Uno, Inc. Mitch makes a marketing decision that results in a dramatic decrease in profits for Numero Uno and its share
Why -2=-x is x=2 : Why -2=-x , is x=2 Explain.
Calculate the percentage of lost value : Three years ago, Mary Applegate's mutual fund portfolio was worth $410,000. Now, because of the recent economic crisis, the total value of her investment.
Draw on the ideas of thoreau : Draw on the ideas of Thoreau or Emerson Of how the concepts to a community might help with better understand the origin, the foundation of morality.
What is organizational behavior : 1. What is organizational behavior? Describe with real life examples.

Reviews

Write a Review

Operation Management Questions & Answers

  Why do you think teen pregnancy rates

Why do you think teen pregnancy rates in the U.S. are among the highest in the industrialized world? We are rated 16th out of 18 countries that share these statistics? Our rate is 42.5 unplanned teen pregnancies per 1000 young women which works out t..

  North american expansion for threads apparel

What are some labor-related factors that Threads should consider when comparing Mexico and Canada?

  Economies in decline and organizations downsizing

Entrepreneurship has become the new way of doing business in our world. with economies in decline and organizations downsizing and he lack of opportunities that satisfy, entrepreneurship has been born. entrepreneurship involves bringing in compelling..

  Discuss setting up valid research designs in a company

Discuss setting up valid research designs in a company, work environment.

  Are integrity tests fair and accurate

Should an organization provide reference information for former employees? Why or why not?  What selection methods are most valid? Should employers test employees for drugs? Why or why not? Are integrity tests fair and accurate?

  Define process design and supply chains

This is part one of a two part assignment starting with an introductory look at process design and supply chains. Identify a company with which you are familiar. This could be your place of employment, a car wash, a yard service company, and so fo..

  Considered stockholder wanna-bees

In what ways can many stakeholders be considered "stockholder wanna-bees"? What are the business and social arguments for ensuring that your company engage productively with critical stakeholders?

  Research the importance of teams in management

Research the importance of teams in Management. Why is it important for a manager to be able to lead a team? This question needs substantiate academic research and analysis. What is research philosophy and what is its function? Briefly describe each ..

  Hypothesis development and testing

The Final Paper provides you with an opportunity to integrate and reflect on what you have learned during the class. The question to address is: "What have you learned about statistics?" In developing your responses, consider - at a minimum - and d..

  The customer purchased cuckoo clock

The customer purchased a cuckoo clock from the clock store, paying $500. The customer and the storeowner had an oral agreement that the storeowner would mail the cuckoo clock authenticity documents (that verifies it’s a rare clock) within one month. ..

  New product development here is the questionfirst identify

new product development. here is the questionfirst identify the steps that a musician would have to take in order to

  What incentive fee does the buyer pay the seller

As a project management professional, it is important for you to be able to review numbers and report on what they are saying. What incentive fee does the buyer pay the seller? What is the total contract price (i.e., what the buyer has to pay the sel..

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