Ch 40 ‚ PC 3 : .Issue : Did LLC failed to pay the market value of OLSON`s interest? .Rule: A member`s ownership interest in an LLC is not freely transferable.A transferee of a member distributional interest receives only the member`s share of LLC distributions. .Application: according to the written agreement LLC payed the capital account and 2005 compensation to Olson.Olson may argue that due to the oral agreement LLC breached it`s duty to pay fair market value of a member.on the other hand
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The Wendy’s Company Dave Thomas opened our first Wendy’s restaurant in 1969 in Columbus‚ Ohio. He opened the door to a new gold standard in quality food. When other restaurants were using frozen beef and mass-producing food‚ Dave developed an innovative method to prepare fresh‚ made-to-order hamburgers. Every day‚ we honor his legacy and continue to live through his values by using select‚ premium ingredients and serving food that’s made fresh with every order. Corporate Profile The Wendy’s
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Is Third World Immigration a Threat to America’s Way of Life? Many people from third world countries leave to seek a better life for them and most of all their children. They can be moving away from war‚ religious‚ gender‚ economic‚ and educational oppression. America was developed off immigration and it was and still is the land off freedom and opportunity. People from third world countries look to the United States as a light of hope. What is really the American way of life? To me that would just
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1.Explain what we mean by: "The World Behind the Text‚" "The World In the Text‚" and "The World the Text Creates". In “The World Behind the Text‚” is a way for biblical scholars to place themselves in the situation of the time through the social and cultural aspects‚ by investigating the background‚ method of the finished work‚ and the various hidden meanings of the scriptures. The criticism of source‚ form‚ and tradition dissects the whole text‚ to find a common writing style‚ word structure‚ and
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SUMMARY The desire to unseat its closest rival Hewlett-Packard in market share war in Australia has driven Dell dramatic change in the service strategy. Dell was successful by selling machines directly to customers – mostly business – by phone or over the internet. However‚ some analysts believed that its new strategy of selling through retailer is an uphill struggle (Koenig‚ 2008). As Barry Jaruzelski‚ a partner at the consulting firm Booz & Company said: “Now that so much of the market is consumers
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2005 Ethiopia‚ What a Country The dictionary states that a third world country is a developing nation in the midst of Africa‚ Asia‚ or also Latin America. The country of Ethiopia is described as a third world country due to its great poverty rate. This country has a peculiar land layout and is ranked 16th in the world with its population. Ethiopia is a country with interesting cultural ways and rich with historic events. Unfortunately some factors brought the Ethiopian country to become one of the
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Report 2.1.1. Management Information System 2.1.2. Dell Computer Corporation 2.1.3. Information processing tools for operational‚ tactical and strategic levels of the organization 2.1.4. Inventory control systems in an organization 3. Conclusion 4. Recommendation 5. References Executive Summary This report will review management information system of Dell. After reviewing the MIS of Dell‚ the report will discuss information processing then suggest
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Chapter 3—The Internal Organization: Resources‚ Capabilities‚ Core Competencies‚ and Competitive Advantages TRUE/FALSE 1. According to the Opening Case‚ Apple’s strong financial performance in poor economic times is largely credited to its innovation capabilities. ANS: F PTS: 1 DIF: Medium REF: 71 OBJ: 03-01 TYPE: comprehension NOT: AACSB: Business Knowledge & Analytical Skills | Management: Creation of Value | Dierdorff & Rubin: Managing strategy and innovation 2. People are a critical resource
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Poverty is an increasing problem in our world today. A report by the National Welfare found that 17.2 percent of Canadians live below the poverty line in 1998. It is however‚ measured differently in developing and developed countries. People who struggle financially in countries like Canada or even the United States‚ when compared to people living in third world countries are considered above the poverty line. Income at developing countries falls at less than one dollar per person a day‚ which led
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Table of content 1. Introduction………………………………………………………………………………….3 2. The business model………………………………………………………………………….3 3. The original business model and human resource management…………………………….4 4. The strategic transformation at Dell…………………………………………………………5 5. The effect of the strategy transformation on Dell’s HRM…………………………………..8 6. Major challenges in the future……………………………………………………………..10 7. Recommendations………………………………………………………………………….11 8. Conclusion…………………………………………………………………………………13 9. Appendix…………………………………………………………………………………
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