CASE NO. 1: STIRLING HOMEX CORPORATION POINT OF VIEW: The Chief Financial Officer (CFO) of Stirling Homex Corporation (SHC) as he/she will be the one to be of best knowledge to analyze the financial statements of SHC. He/she will also have the authority to make decisions/recommendations and influence the CEO in making management decisions. CASE CONTEXT: In the late 1960’s the US Department of Housing and Urban Development (HUD) launched the Operation Breakthrough‚ a project that aimed to “revolutionize”
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CORPORATION LAW INTRODUCTION Definition and attributes of a corporation A corporation is an artificial being created by operation of law‚ having the right of succession and the powers‚ attributes and properties expressly authorized by law or incident to its existence. A corporation‚ being a creature of law‚ "owes its life to the state‚ its birth being purely dependent on its will‚" it is "a creature without any existence until it has received the imprimatur of the state acting
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CORPORATION VS PARTNERSHIP 1. Creation CORPORATION Created by operation of law; PARTNERSHIP Created by agreement of the parties; 2. Numbers of incorporators CORPORATION Requires at least 5 incorporators; PARTNERSHIP Requires at least 2 partners; 3. Commencement of juridical personality CORPORATION Acquires juridical personality from the date of issuance of the certificate of incorporation by the Securities and Exchange Commission ;PARTNERSHIP Acquires juridical personality form the
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In the article titled “Why Some Critics Don’t Think Caitlyn Jenner Deserved the Arthur Ashe Courage Award”‚ writer Justin Wm. Moyer from the Washington Post discusses the criticisms that have come with ESPN’s decision to give Caitlyn Jenner the prestigious award which symbolizes courage. Moyer writes about the doubters who don’t believe that what Caitlyn Jenner did by publicly coming out as transgender constitutes as “courageous”. He also references those who believe that Lauren Hill‚ a 19-year-old
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Harvard Business School 9-681-045 Rev. February 27‚ 1998 Burger King Corporation The first Burger King restaurant in Miami in the mid-1950s featured a walk-up window‚ a limited menu (burgers and shakes for 19¢‚ sodas and fries for 10¢)‚ and "your food ready by the time you ’d paid for it." As one early manager recalled‚ "Our windows faced front so we could see customers driving in. With the limited menu‚ we pretty much knew what they ’d order and we ’d have it ready." In the 1960s and 1970s
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In the novel The Scarlet Letter it was necessary to keep Hester Prynne’s adulteress lover Arthur Dimmesdale a secret because of their young daughter Pearl. Hester Prynne was married at the time Pearl was conceived‚ making the townspeople furious with her adultery. As her husband comes to town under an alias named physician Roger Chillingworth‚ he examines the Panic-stricken baby and bashes Hester for being deceitful. Moving to the outskirts of town and raising what many called a “devil baby” Pearl
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Case 3-1: Southwest Airlines Corporation What is Southwest’s strategy? What is the bases on which Southwest builds its competitive advantage? Cost cutting SWAC uses a low-cost strategy. They had the lowest operating-cost structure in the domestic airline industry. Employee satisfaction Together with this strategy‚ they want to achieve customer satisfaction by employee satisfaction. They are famous for their customer and employee relationship. SWAC has been recognized by multiple organizations
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Sir Arthur Currie the soldier of the past and the hero of today Nationalism is defined as the sense of national consciousness exalting one nation above all others and placing primary emphasis on promotion of its culture and interests as opposed to those of other nations or supranational group in the Webster dictionary.(Merriam‚ Webster. Webster’s dictionary. http://www.merriam-webster.com/dictionary/nationalism). However that is just a technical term used in books. Nationalism is not just a
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of ice cream. The Tans’ hamburger‚ made to a home-style Philippine recipe developed by Tony’s chef father‚ quickly became a customer favorite. A year later‚ with five stores in metropolitan Manila‚ the family incorporated as Jollibee Foods Corporation. The company’s name came from TTC’s vision of employees working happily and efficiently‚ like bees in a hive. Reflecting a pervasive courtesy in
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Lion Corporation BHD 1. Introduction Vision: To be among the top 10% lowest cost steel producers in the world Mission: We are committed to make Lion Corporation a caring organisation and be recognised for excellence in quality‚ growth and profitability. Objective: Reposition the Company steel division back to profitable industry within 5 years Corporate governance statement The Board of Directors (“Board”) recognizes the importance of practicing and maintaining
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