corporations outline Georgetown University Law Center Prof. James V. Feinerman Fall 2012 I. Agency‚ Partnership and Limited Liability Companies 1 AGENCY Agency is a fiduciary partnership that results from the manifestation of consent by one person to another that the latter shall act on the former behalf & subject to his control‚ & consent by the latter so to act. E.g. Shareholders (principals) – officers (agencies). Principal: Has power to dictate how the agent will
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Harnischfeger Corporation Teaching Note INTRODUCTION The purpose of the "Harnischfeger Corporation" case is to expose students to the managerial motives for making major financial reporting policy changes. Generally accepted accounting principles (GAAP) allow companies wide latitude in the choice of accounting policies. After a firm chooses a set of accounting policies‚ current accounting rules permit changes from one alternative policy to another at the discretion of the management
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JVA Corporation To: Katelyn Van Michelson‚ CEO Subject: Compensation Restructuring Dear Ms. Michelson‚ During the last fiscal year‚ JVA Corporation had a devastating net loss of $53 billion and suggestions have been made that we close a couple of the international factories to help stabilize the corporation and remain in business. As the Director of HR‚ I feel that these closures would have a negative impact on the employees and JVA Corp. The proposed closures would move the production
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MODULE M6 Financial Management of Corporate Projects and Programmes Case: TARGET CORPORATION 1. Executive Summary Target corporation has a growth strategy of opening 100 new stores per year. Doug Scovanner‚ the CFO of Target Corporation is preparing for the November meeting of the Capital Expenditure Committee (CEC). He is one of the executive officers who are members of the CEC. With the fiscal year’s
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Week 4 Assignment: Altex Corporation David C. Webster BUS 697: Project Management Strategy Professor: Dr. Jaclyn Krause July 22‚ 2013 Risk is inherent in any project today‚ and project managers need to constantly assess risks and continually develop contingency plans to address them. In project management risk management plans are an essential part of project planning‚ and can often time occur well into the execution phase of a project. In the case of Altex Corporation the project manager is
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About Intel Corporation: Intel Corporation is the biggest semiconductor and manufacturer in the world and changes the global marketplace radically. The Intel Corporation was founded and incorporated by Moore and Robert Noyce on 1968. The first PC (personal computer) were developed though the innovation of Intel Microprocessors. Being the pioneer of the microprocessor market had its advantages. The microprocessor market was a relatively new one‚ and barriers to market entry helped Intel become a
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Cott Corporation – Case Analysis 1- Mission Statement To produce‚ sell‚ and distribute high quality carbonated soft-drinks; creating value for our partners by providing customized services to meet each retailer and customer needs. 2- Core Values Cott corporation’s purpose is to be the best provider of carbonated soft-drinks. -Innovation: find new concepts and new ways to sustain our growth -Cost-efficiency -Customer-focused: our customer satisfaction remains our main priority
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law on project failures. For a successful project to be completed setting the goals correctly should be a demanding task .The common error is due to humans and can be illustrated due to lack of communication between customer and analyst or software . Example: For example a car with 1 or 2 persons in it ‚the air pressure in the tyres is less and volume is more and the same car filled with luggage and 6 to 8 persons the air pressure is more in tyres and volume is less . BOEHM’S
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Drypers Corporation National Television Advertising Campaign 1. Problem definition What are the questions to be decided? Drypers Corporation’s senior executives were discussing about spending 10 million dollars which will increase 33% in the company’s combined advertising and promotion budget on national television advertising in 1998. What are the objectives/goals? 1) Increase penetration of grocery outlets 2) Increase grocery penetration will help increase mass merchants see us in
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Marriott Corporation (A) Introduction In 1927 J.W. Marriott Sr. founded the Marriott Corporation (MC) and during the 1980s experienced a huge growth. Marriott’s main strategy in those days was developing hotel properties around the world and selling these properties to outside investors while retaining lucrative long-term management contracts. MC was a conservative company and it stressed the themes of careful attention on the details‚ the organization and its employees. Quality was the one of the
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