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Triple H

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Submitted By lurveleen
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Case #1: Triple H Film Productions
Part 2: MANAGEMENT ISSUES A. i. What is a company?
A voluntary association formed and organized to carry on a business. Types of companies include sole proprietorship, partnership, limited liability, corporation, and public limited company.

Implication of Limited Liability:
Limited Liability Companies, much like corporation, provide protection for their owners. If the organization has debts that it cannot pay, the individual owners will not be held responsible for those debts. If the organization has to file bankruptcy the individual owners are still not personally responsible for any of the liabilities that the organization has.
Owners can choose to have profits distributed anyway they would like. This means, whatever percentage of profits they want to give to each member, they have the flexibility to do so.
Reduction in paperwork. The tedious meetings and note-taking that are required by corporate entities are not required by an LLC. There are no board meetings or quarterly meetings required. There are no quarterly or semi-annual reports that are necessary for the IRS.
There is no double taxation. You do not have to pay taxes on your corporate profits, as well as on profits that pass through to your members. You only pay taxes once, and that is on those profits that are given to individual members
Longevity of the company is based on the life of the members. The company will dissolve if a member goes bankrupt or passes away. B. i. Nature, scope, and type:
Culture: A culture is the values and practices shared by the members of the group. Company Culture, therefore, is the shared values and practices of the company's employees.
Cultural Issues:

ii. Lewin’s 3 Stage Model:

Stage 1: Unfreeze
This stage involves creating the right conditions for change to occur. By resisting change, people

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