Hildreth v. Tidewater Equipment Co. Summary John Hildreth was the sole shareholder‚ director‚ and officer HCE‚ Inc‚ a corporation in New Jersey. HCE-NJ began to do business in Maryland in early 1997. According to the Maryland code‚ it is required for foreign corporations to register with the Maryland Department of Assessments and Taxation before doing intrastate business in Maryland‚ and it is required to have a resident agent in Maryland. In February 1998‚ HCE-NJ rented equipment from Tidewater
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Turner Syndrome is a genetic disorder that effects development in women‚ per TurnerSyndrome.Org. Women who have Turner Syndrome have one X Chromosome instead of two full X Chromosomes that most females are born with. One of the X chromosomes are “dropped” during Meiosis‚ when the sex cells divide to form eggs in females. It is not usually inherited. Turner Syndrome can affect the development of several body systems in those who have them. Turner Syndrome is believed to be a random error during the
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Classic Pen Co. Case In the past Classic Pen Company had been the low-cost producer of black and blue pens and had profit margins over 20% of sales. Over the last five years Pen Co. decided to start producing red and purple pens. They require the same basic production technology but can be sold at 3% and 10% premium selling prices. Sales Manager Dennis Selmor is just seeing the financial results and is not happy with the numbers. The first issue that Pen Co. is facing is their decline in
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Jamie Turner at MLI‚ Inc. Jamie Turner faces a difficult situation at Modern Lighting Industries Inc. (MLI). The company is struggling financially and has recently been acquired by a larger firm. Turner was hired as Vice President (V.P.) of marketing and sales by company president Pat Cardullo. Turner was all but guaranteed Cardullo’s position in less than two years when he was hired. However‚ six months later‚ the young manager’s future at the company is in serious jeopardy. The root cause(s)
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entrepreneurial skills and personal qualities that highly needed to run the business successfully by the entrepreneurs. Based on the list provided below‚ explain each of the elements with relevant examples (If needed) in the business perspective. Opportunistic Entrepreneurs who are opportunity-orientated will first and foremost focus on growth opportunity than the business and its resources. Entrepreneurs in the 21st century not only must be able to see and grab opportunity whenever there is but also
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Entrepreneurs are innovators or developer who recognizes and seize opportunities; converts those opportunities into a workable/marketable idea; adds value through time‚ effort‚ money or skills; assumes the risk of the competitive marketplace to implement these ideas and realizes the rewards from these efforts (Kuratko‚ 2009). Based on this explanation‚ we can assume that entrepreneurs are people who take risks and efforts to venture into a new business. In order for them to take such risks‚ they
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The Role of the Entrepreneur An entrepreneur is an owner of a business enterprise who makes money through risk and initiative‚ this is applied to persons who are willing to help launch a new venture or enterprise and accept full responsibility for a company’s output. The entrepreneur shifts economic resources out of a lower and into a high productivity and greater economic yields. Occupying the central position in a market economy‚ entrepreneurs are instigators of growth and progress and are pivotal
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BEHAVIOURAL AND MOTIVATIONAL CHARATERSITICS OF CORPORATE AND INDEPENDENT ENTREPRENEURS Vikalp Patel (646642) LITERATURE REVIEW “Entrepreneurship is living a few years of your life like most people won’t‚ so that you can spend the rest of your life like most people can’t.” Is something that most people who dream of becoming entrepreneurs have heard at least once in their life. It’s not easy to be as successful entrepreneur but they are a certain set of characteristics that most of them have
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Characteristics of a Successful Entrepreneur 1. They are self-motivated Successful entrepreneurs do not need someone who holds them accountable or forces them to be efficient and productive. Unfortunately‚ without a manager‚ many people cannot take their business past the planning stages. It takes hard work to create your own business; most people need someone who forces them to keep working. Moreover‚ when people do not have someone to hold them accountable‚ they may let their work’s quality
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Science Technology Company (STC) Case Bill Watson as President of Science Technology Company (STC) should ask the Chief Financial Officer‚ Harry Finson‚ to fine tune and rehash the 5 year financing plan Harry prepared. This is to address the following issues and concerns: A. Projected thirty percent (30%) increase in annual sales Historically in a strong ATE market‚ STC was able to increase its sales on a compound annual growth rate of 12% only. In 1983‚ the company posted its highest
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