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- How do we allocate our resources to get where we want to go?Which two factors do you feel are the most important to ensure transfer? Support your choices.You have met a great friend at ERAU – Sally Soar. Sally is a pilot. She has approached you with a new business idea. With your expertise in business law and her skills as a pilot she knows the business is destined to be successful. Sally believes that you should open an air taxi service. This service will provide short flights throughout the state and maybe short distances into neighboring states. Many people are nervous flying busy commercial flights and are looking for alternatives. You and Sally are convinced this is the perfect time to open your new business. 1. Assess your and Sally’s strengths and weaknesses as an entrepreneur. 2. What are your business and personal goals?
- Regarding the categories of unemployment, how does a minimum-wage law compare to firms paying higher-than-equilibrium wages? The minimum wage creates structural unemployment, while firms paying wages above equilibrium create frictional unemployment. The minimum wage and firms paying wages above equilibrium both create frictional unemployment. The minimum wage creates frictional unemployment, while firms paying wages above equilibrium create structural unemployment. The minimum wage and firms paying wages above equilibrium both create structural unemployment.The board of directors of Megacorp Berhad, a public listed company comprises of executive directors as well as independent and non-executive directors. The Chief Executive Officer (CEO) is also the chairperson of the board of directors. A study shows that the lack of separation of the CEO and the chairmanship of the board of directors has led to the board being aligned to the management rather than the shareholders despite the presence of the independent non-executive directors. In addition, the study also shows that companies which have CEO duality are likely to have lower shareholder returns. The independent non-executive directors of the company subscribe to the view that directors have a legally mandated fiduciary duty to their shareholders to maximize the profit of the company. Thus, to them, ethical standards are less important than legal standards in the pursuit of making profit. (a) Describe the specific contributions that independent non-executive directors could make to…How can social media be used to promote a local sports entity in a way that itcan reach the needs of current and potential consumers?
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- You work in a small coffee shop. The shop sells primarily three items: brewed coffee drinks, whole bean/ground coffee, and pastries. The shop owner has asked you to gather data on sales of the product mix. There has been discussion of whether the pastries are profitable and should they be discontinued. To complicate the matter your friend would like to sell pastries to the coffee shop and you would like the friendship to blossom into a closer relationship. After collecting the information, you learn that while the pastries are indeed not profitable, but they contribute to covering the overhead costs. And the customer draw potential of the pastries has not been tested. What do you recommend to the owner?discuss the advantages and disadvantages of adopting a two-tier board structure, and draw a comparison with the one-tier board structure.. Assume you have joined a company as a sales manager for Laptop Sales & services. This company was recently selected as authorized distributor for HP India personal computer products. As a distributor, your company is required to perform various tasks such as prospecting, promoting, preparing technical offers, negotiating, and getting orders, executing orders, collecting payments, giving pre & post sales services and maintaining excellent customer relationship. Your company is required to operate in New Delhi (including NCR). Develop a compensation plan for your salespeople, including financial and non-financial compensation methods.