Only the money stockholders have initially invested in the business is at risk. For example‚ suppose John holds shares of Mike’s Auto Repair Shop‚ which is a limited liability company. John would still have a percentage of the vote on Mike’s management decisions‚ board elections‚ etc.‚ but John would not be responsible for any of Mike’s outstanding unpaid liabilities because he would only lose the money in which he invested in Mike’s business. In a partnership‚ skilled professionals such as bankers
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check Code of Ethics Geraldine St. Fleur BUS/210 07/28/2013 Karen Wilson Checkpoint Our code of conduct is to make sure that we take responsibility for our employee’s actions. We believe that we should act in an ethical manner at all times to protect our company and clients. Company Vision The vision of this company is to provide the most memorable service that our clients may have ever experienced. We are here to protect the client’s privacy
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A local business that I frequent is Walmart. I go there on almost a weekly basis to get groceries and other necessities. The three main components of a business model are its business commerce‚ business occupation‚ and business organization. Business as a commerce is the process in which people produce‚ exchange‚ and trade goods and services. Walmart’s business commerce is trade. As Walmart has expanded‚ they are engaged in not only the trade of goods‚ but also services. Most Walmart stores have
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Analysis Process: 1. Display program welcome message 2. Ask for item name 3. Ask for item price 4. Ask for pound weight 5. Ask for ounces 6. Convert pounds to ounces then add to input ounces 7. Divide total price by ounces 8. Display the price per ounce. Input: Item Name Item Price Item Weight in pounds Ounces as integer Output: Unit price Main Module Declare Name as String Declare Price as real Declare Lbs as integer Declare Oz as integer Declare UnitPrice
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In the first case study I believe we see a lot of the expectancy theory. According to the text (Jones‚ G. R. 2007) the expectancy theory “argues that work motivation is a function of an employee’s belief (a) that working hard will allow the person to perform at a high level‚ and (b) that if the person does perform well‚ he or she will be rewarded for it (see Figure 7.3). According to this view‚ motivation is therefore a two-stage process. Several factors determine whether or not employees believe
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to transfer or sell their investment interest at any point in time by selling their stock to another party. Apple‚ INC. depicts this form of company. Limited Liability Company (LLC) means that‚ the investors are only limited liable in case the business‚ the investors invested in‚ goes bankrupt. The creditors can only take what each investor has initially invested. The creditors must not take outside an investor’s investment‚ no personal monies that are not part of the investment. Let us say I
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Week 1 Checkpoint – Business Models and Systems The business that I am choosing to write about is a small convenience store located across the street from my children’s school. It is owned and operated by a very pleasant Indian couple. It is located in a remote area where there are very few businesses in close proximity. This store offers a variety of products and prepared foods. The three main components of the business system that comprises this particular business are as follows: Business
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BUS/210 Week 1 CKPT CheckPoint: Business Models and Systems A local business that I frequently visit is Tactical Reload. Tactical Reload is a locally owned and operating‚ hunting and fishing store. The main components of Tactical Reload’s business model revolve around quality products. The owner of Tactical Reload has a plan to track which type of guns are bought as well as the make of the guns purchased. This allows the owner to see what guns are continually purchased as well as what
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BUS 210: CheckPoint - Code of Ethics June 4‚ 2011 What would my company be? At the Alexis Group software development company all employees will follow a code of conduct. To ensure that the employees of the Alexis Group are complying with the company’s code of conduct a monitoring system will be put in place. 1. The employees will have to maintain and provide accurate and honest business records. * The company must be able to rely on an employee’s truthfulness and accurate work to
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7/31/2013 Bus/210 Week 1 Checkpoint I use Wal-Mart frequently. My husband works at Wal-Mart but I think I’m in there more than him. We buy our food‚ clothing‚ electronics‚ toiletries‚ and necessities from there. Since I am the spouse of an employee‚ I receive a discount card so that makes me more drawn to the business. The first component of Wal-Mart is business commerce. Business commerce is when Wal-Mart exchange good and services with other businesses. For example‚ Wal-Mart has a hair salon
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