Review the different types of business entities

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Reference no: EM132271075

1. Review the different types of business entities listed below: Partnership Limited Liability Partnership Limited Liability Company (including single member LLC) S Corporation Franchise Corporation Provide a practical example of each entity; for example, Franchise: Individual owner of a McDonald's restaurant.

2. Download and read this background information before proceeding.

Now that you have been introduced to the Code of Ethics and have a clear understanding of the level of professional conduct expected from a project manager, read the scenario below and discuss the course of action that you would take.

The project sponsor has approached you, the project manager, with a dilemma. At the company’s board meeting, the CEO announced to the Board of Directors that the project you are managing is on scheduled and will be completed within the next 30 days. The meeting is over and the stockholders expect implementation to be completed by the date announced. At your next project meeting you begin to have concerns with one of the components of the project slipping. As the project manager, what would be the best course of action? Provide a detailed explanation to support your perspective. Be sure to tie your answer back to the course readings; specifically, the PMI Talent Triangle and Code of Ethics.

Reference no: EM132271075

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