Make an analysis on the given case study and answer the following: 1. What are the statement of the problems involved? 2. What are the Alternative courses of actions? 3. What are your solutions and recommendations?
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- a. What business was LaVista Lottery in? b. What is keno? c. Was this a profitable business? d. So what was the problem? e. Did Bellino discuss his concerns with Anderson? f. What did he do? g. Is there anything wrong with that? h. What is the point of this doctrine? i. But both Bellino and Anderson had a chance to bid on the keno contract. Didn’t they both have the same opportunity? Richard Bellino and Robert Anderson formed LaVista Lottery, Inc. (Lottery) to operate a restaurant, lounge, and keno game in LaVista, Nevada. They each owned 50 percent of the stock of Lottery, and both were officers and directors. Over the next nine years, the Lottery company grossed more than $100 million. Bellino and Anderson each received over $4 million in salary and dividends. Bellino spent more time than Anderson working for the company, in part, because of his personal relationship with Lottery’s lounge manager. Frustrated by Anderson’s unequal contribution, Bellino encouraged the…Harry, Bill and Martha are the executive directors of Xilang Pty Ltd. Harry runs day to day business of the company and Bill is in charge of the company marketing activities. Martha relies on her husband, Harry, to give her information. She rarely attends directors' meeting and does not bother to read weekly reports about the company financial position. What directors' duty has Martha breached in this situation? Select one: a. Duty of care and diligence. b. Duty to avoid improper use of information. c. Duty to prevent insolvent trading. d. Duty to disclose material personal benefit.David heads the research department of a large brokerage firm. The firm has many analysts, some of whom are subject to the Code and Standards. If David delegates some supervisory duties, which statement best describes her responsibilities under the Code and Standards? 1. David retains supervisory responsibility for all subordinates despite her delegation of some duties. 2. David's supervisory responsibilities do not apply to those subordinates who are not subject to the Code and Standards. 3. David no longer has supervisory responsibility for those duties delegated to her subordinates. 4. David should only supervise closely those subordinates who are not subject to the Code and Standards. (Ctrl) -
- Identify as to ethical or unethical the following situations then prove your answer. 1. Addressing client’s complains in real time.2. Copying the work of others without giving due recognition to the owner.3. Hospital wastes being disposed in bodies of water or empty lots.4. Non-disclosure of the company’s financial condition to investors.5. Compensating employees with above minimum salary, food and transportation allowance, medical insurance, and housing.John was working in 'Axe Ltd.', a company manufacturing air purifiers. He found that the profits has started declining from the last six months. Profit has an implication for the survival of the firm, so he analysed the business environment to find out the reasons for this decline. 1. Identify the level of management at which John was working. 2. State three other functions being performed by John.Sam just started work with Caprese Co. Sam will work at their offices from Mondayto Friday, 9-5pm. Caprese will provide Sam with all the equipment she needs tocomplete her job. Sam's business card says "Sam Sparks - Caprese Co".1) Explain one rule and 2) the case fact that supports that rule, as well as 3) whetherit indicates Sam is an employee or a contractor (3 parts to the response).
- HOME WORK CHAPTER 11- Total Rewards & Compensation The questions are complete. Explain the terms in relation to compensation since they are under compensation. 11. Define each of the following: a. external equity b. internal equity c. procedural justice d. distributive justice e. pay secrecy 12. Describe each of the following strategies: lag-the-market, lead-the-market, and match-the-market.MAKING SALES MANAGEMENT DECISIONS CASE 2.1: JORDAN WHOLESALE him had tried to get reestablished with Wick's, but Wick's buyers had steadfastly refused to buy from Jordan Wholesale. Tom was determined to get the Best Night Inn's MARKETPLACE Background Jordan Wholesale Marketplace was founded in Los business, so he made sales calls on the 16 motels to Angeles in 1965 to supply professional catering companies with a wide variety of institutional food products, including canned vegetables and meats. The company had grown steadily over the decades, and is now one of the largest full-service institu- tional food suppliers in the nation, selling perish- able and non-perishable foods and foodservice supplies such as tablecloths, napkins, and tableware. In the past year, Jordan Wholesale Marketplace had begun an aggressive push into a new market segment, the hotel/motel restaurant market. gauge their interest in switching to Good Food Wholesalers, another foodservice wholesaler with whom Tom…Statement 1: The excess over the limit of de minimis benefits given to a rank and file is gross compensation subject to the rules on the non-taxable 13th month pay and other benefits. Statement 2: Profit-sharing bonus is included in the computation of 13th month pay and other benefits. Statement 3: Income of the government from proprietary functions is taxable. Statement 4: Income of a government owned and controlled corporation is not taxable Statement 5: For a rank and file employee, excess de minimis benefits shall form part of his taxable regular compensation. Statement 6: For a managerial employee, excess de minimis benefits shall form part of his 13th month pay and other benefits. Identify if the statements are true or false
- Question 2 Which of the following is a true statement? A. As a general rule, if the Statute of Frauds requires a contract to be evidenced by a writing an oral contract will be unenforceable. B. The âpart performanceâ exception to the Statute of Frauds may permit an oral contract for the sale of land to be enforced merely if part of the purchase price is paid. C. A mortgage represents an interest in personal property and thus can be oral. D. A contract for lifetime employment must be in writing to be enforceable since usually if will be for a long time. Question 4 Which of the following is true regarding Title VII of the federal Civil Rights Act in the workplace? a. The plaintiff employee must always prove a malicious, wrongful intent to discriminate on the part of the defendant employer against the employee to prevail in a Title VII civil rights lawsuit. b. Only “big” employers with 2000 or more employees are covered by the federal Title…1. Organisation name TYCO 2. Analyze and apply appropriate ethical theories to shape a business decision given an organizational requirement to conform business practices to both the law and best ethical practices. 3. Develop a business strategy in a corporate liability case arising from the sale of defective and dangerous products. This includes ethical considerations to minimize liability for claims of product liability and breach of warranty. 4. Define and develop elements of a contract and determine whether a duly formed contract is enforceable under the common law or Uniform Commercial Code. 5. Develop strategies to minimize risk, create value and manage legal disputes for business leaders.In 2022, Ellen and Ed, married filing jointly, had $10,000 mortgage interest, $2,000 real estate taxes, $2,000 state income tax, and medical expenses of $2,000. Assuming they had an adjusted gross income of $50,000, which of the following is TRUE? Question 12Select one: a. They should take a standard deduction of $24,000. b. They should take a standard deduction of $12,000 c. They should take an itemized deduction of $14,000. d. They should take an itemized deduction of $16,000.