Rockefeller Case Study 1. How would you evaluate Rockefeller in terms of his motive, his managerial ability, and his ethics? What lesson does his career teach about the relationship between virtue and success? Rockefeller had great motive he saw the demand for oil and build a company and fortune around it. He managed his business well and really put an emphasis on efficiency and responsibility but was ruthless and unfair to competitors getting huge discounts on shipping and other mediums he drove
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IS535 Discussion Week 7 Major corporations, governments, and other organizations are hacked each week, mostly by means of phishing attacks. Describe how users and IT organizations should arm themselves against these attacks. I see the key to defeating phishing attacks is a comprehensive and active education/training effort and a strident monitoring/notification capability to thwart those types of attacks. With this two pronged effort you both educate the firm and keep the firm informed on the
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advisement below. Part I: Discuss the various forms of organization that are available to Penelope, Mark and John. There are a few different options from which you can chose to organize your business under. For example: partnership, LLP, S Corporation, C Corporation for which I know you are all familiar with. It is my duty to give you my own educated and unbiased opinion to which would be most beneficial to all of you. Part II: Make your recommendation as to what form of organization you believe
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Corporation Special Situations and Organization Structure (50 pts) Jane, Hunter, Renee, and Lynn form Bradley Corporation with the following consideration: | Basis to Transferor | Fair Market Value | Number of Shares Issued | From Jane - Equipment ($20,000 of depreciation taken by Jane in prior years) | $90,000 | $270,000 | 50* | From Hunter - Secret process | $5,000 | $100,000 | 20 | From Renee - Cash | $50,000 | $50,000 | 10 | From Lynn - Inventory | $85,000 | $130,000 | 20** |
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COMPANY PROFILE Bajaj Steel Industries Limited (Bajaj), Nagpur, India, established in 1961, is a public limited company, listed on Bombay Stock Exchange. The company is having world class engineering setup in its various plants situated in and around Nagpur. The present activities of the company are as below: A) Manufacturing * Largest and Modern Cotton Ginning & Pressing Machinery Manufacturer in India * World class Delinting and Decorticating machinery manufacturing * World class
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the advantages and disadvantages of partnerships and corporations 2. A corporation has several advantages for a business. They have a separate legal existence so that the corporation, not the stockholders, may borrow money, buy, own, and sell property, and it may sue or be sued. The stockholders also have a limited liability in a corporation. The personal assets of the owners may only be claimed by creditors if fraud has occurred. A corporation has transferable ownership rights. This means that
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invested $144 million in our global partnerships and programs: 48 percent in North America; 20 percent in Africa; 14 percent in Asia-Pacific; 14 percent in Eurasia, Europe and the Middle East; and 4 percent in Latin America. (Che10) These are large corporations with a great deal of assets and people to devote to increasing the quality of life in the communities they serve but it is possible on any level. Each business added to a community pays taxes to the local government. If the business has employees
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Page 1; 1 1. The Tanksalot Company is a subsidiary of the Goaway Corporation. The Tanksalot Company is embroiled in a lawsuit where the plaintiff is claiming that Tanksalot acted in a negligent manner. The plaintiff in this case wants to go after Goaway’s assets, in addition to the assets owned by Tanksalot. Both of the companies share payroll functions, legal departments, and accounting departments; yet, they have separate (but sometimes overlapping) executives in charge, customer support departments
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EXECUTIVE SUMMARY Proposed Project Smart Snacks is a group of four people who want to provide healthier snack options to those people that work five days a week, have a limited budget and limited time and want to make smarter choices about the food they consume. After visiting many office buildings, handing out product samples, and talking with numerous people, it was decided that the most efficient way to provide smart snacks was through vending machines. Vending machines are easy to acquire
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Environment of Business Basic legal environment this introduces the American legal system with particular emphasis on the relationship of laws with business. Which includes development of law, the judicial system, contract agency, Partnership Corporation, and government trade and labor regulations. All aspects of legal environment include business organization. Start with top management; they are production, and transportation, marketing, finance and accounting, and personal. Understand the law
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