Draft an organization chart (use other charts as help) with the following info i.e. Ben perry is the new CIO, new IT leadership team
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Draft an organization chart (use other charts as help) with the following info
i.e. Ben perry is the new CIO, new IT leadership team
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- Explain Berkshire Hathaway corporation.In the event of bankruptcy, which partners would most likely to spend more money to settle the business liabilities? A)Silent partners B)Limited partners C)Industrial partners D)General partnersWhich of the following statements is correct in relation to limited partners? Select one: a. Their liability is limited to the capital they have agreed to invest in the partnership b. They have no liability for partnership debts c. They have full liability for partnership debts.
- Noodleoo, a struggling restaurant chain, wants to enact a franchise agreement with Stephen to sell its product through a chain-style franchise. Stephen agrees and opens the store, and 6 months later Noodleoo goes bankrupt. Which is most likely true of this situation? Stephen was not responsible for looking into the financial status of Noodleoo before making the agreement. The Franchise rule does not apply to struggling companies. If Noodleoo was not transparent with its financial data, Stephen has no recourse. If Noodleoo was not transparent with its financial data, it has broken the Franchise Rule.In which of the following business ownership types, entrepreneurs have the benefit by having more investors and a greater range of knowledge and skills. a. Partnership b. Limited Liability Company c. Sole proprietorship O d. CorporationsThe distinguishing feature of a corporation is that A) their is no legal difference between the corporation and its owners. B) it is a legally defined, artificial being, separate from its owners. C) it spreads liability for its corporate obligations to all shareholders. D) provides limited liability only to small shareholders.
- We Merged…Now What?Earlier this month, your company, a running equipment designer andmanufacturer called Runners Paradise, merged with a smallerclothing design company called ActiveLeak. Your company initiatedthe buyout because of the excellent design team at ActiveLeak andtheir brand recognition, specifically for their MP3-integrated runningshorts. Runners Paradise has thirty-five employees and ActiveLeakhas ten employees. At ActiveLeak, the owner, who often was too busydoing other tasks, handled the HRM roles. As a result, ActiveLeak hasno strategic plan, and you are wondering if you should develop astrategic plan, given this change. Here are the things you haveaccomplished so far:• Reviewed compensation and adjusted salaries for the sake offairness. Communicated this to all affected employees.• Developed job requirements for current and new jobs.• Had each old and new employee fill out a skills inventory Exceldocument, which has been merged into a database.From this point, you are…Dell is among the world leaders for manufacturing PC, mobile, tablets, and other hardware accessories. The company, headquartered in Round Rock, Texas, has about 160,000 employees around the world. The buyout of Dell Computers was completed in October 2013. Michael Dell—the company’s founder and chief executive officer (CEO)—and Silver Lake Partners took the company private for $24.4 billion. The company's shares were delisted from both the Nasdaq and the Hong Kong Stock Exchange before going private. After spending more than five years as a private company, Dell went public again in 2018. The company did so by repurchasing tracking shares in software company VMWare. The deal was worth roughly $24 billion. Michael Dell said he was able to transform the company while it was private. Dell shares began trading on the New York Stock Exchange (NYSE) at $46. As of March 25, 2020, the company's market capitalization was estimated at $28.3 billion. Required Prior to the buyout in October,…Explain the difference between a sole proprietorship, LLC/PLLC, and corporation. Include advantages, disadvantages, and examples. 7
- Mr. Asim, Mr. Abdullah, Mr. Tahir, and Mr. Zakir started a combined business. They shared the capital and business responsibilities on an equal basis. It is an example of which type of ownership? • a. Partnership b. Limited liability company c. Sole proprietorship d. CorporationBriefly explain the liability of:(a) A director of a private limited liability company.(b) A partner of a partnership.(c) A sole trader.(d) A private limited company.The corporation is governed by the board of directors that oversees top management with the concurrence of the shareholders, mention the main responsibilities of the board of directors illustrating degree of involvement of the board of directors in strategic management.