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Joan needed to borrow $10,000 in order to pay off another debt with a very high interest rate. Joan had no collateral, so when she went to the bank they refused to lend her any money unless she had someone to guarantee the debt for her. While in the office of the bank loan officer she called you about guaranteeing her debt to the bank. Since she was your ex-spouse, you agreed to do that, and asked that the loan officer be put on the phone. The loan officer knew that you were good for the money because he knew you and knew that you owned a very successful business. On the phone you told the loan officer that you would be happy to guarantee the loan for Joan, and they should go ahead and authorize the loan today and give her the money. You said that you are very busy today, but would come in during the week to sign a document guaranteeing Joan’s loan.
After that conversation, they gave Joan the loan for $10,000. You forgot to go in and sign the guarantee agreement, and about 3 month later you got a notice from the bank that Joan was in default on the loan and since you guaranteed it you would now have to pay it off. You have refused to honor your agreement. The bank has sued you. Who will win and why?
Please use the IRAC (I = Issue, R = Rule, A = Analysis, C = Conclusion) in your answer.
Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..
Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..
Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..
An analysis of the holding costs, including the appropriate annual holding cost rate.
Briefly explain Evolution and contributor of Operations management.
A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..
Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.
Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.
Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.
Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.
Ccompare the effectiveness of different leadership styles in different organizations
Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.
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