Minicase – The McGee Cake Company 1. What are the advantages and disadvantages of changing the company organization from a sole proprietorship to a LLC? The McGee Cake Company‚ currently operating as a sole proprietorship‚ may benefit from forming a limited liability company (LLC). An LLC is a comparatively new type of business entity. With an LLC there are reduced legal formalities in comparison to setting up a corporation. In addition‚ unlike a corporation‚ the McGees could set up an LLC yet
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Ford Motor Company Ford Motor Company‚ the second largest auto manufacturer in the world was started in 1903 by Henry Ford. With 276 plants‚ distribution centers‚ engineering‚ research/development and sales facilities‚ Ford Motor Company manufactures and distributes in over two hundred markets across six continents. Ford Motor Company’s focus is to build a strong business that produces products that contribute to a better world. Their first sale was on July 15‚ 1903 and since then Ford has produced
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OUTPUT-EMPLOYMENT THEORIES (CLASSICAL AND KEYNESIAN) Classical Theory (A) Introduction: Employment and output analysis at macro level has become an important part of economic theory only during and after the Second World War period. It was J. M. Keynes who first analyzed the frequent problem of unemployment and fluctuating levels of real output or national income. Before Keynes’ General Theory (1936) there was hardly any important and serious discussion of the problem of unemployment. However
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HKUST MBA Microeconomics Case 1: Medicines Company Case Question 1. For drug administrators‚ their incentive for using the drug is that the drug’s got to make economic sense. Data showed that for more than 4‚300 patients‚ Angiomax was a more superior alternative to Heparin. Also shown in tables b and c that it effectively reduced the incidences of death by 30% ‚ heart attack by 26%‚ need for a repeat angioplasty by 14% and major bleeding by 65% (sum of weighted average between high risk and
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Chinese Tourism & Hospitality Industry : how the growing number of Chinese tourists can help boost the Colorado economy. In Colorado‚ the Colorado loves California campaign has helped fuel the states economy and generated increased state revenues. Direct revenues related to this particular marketing strategy and indirect revenues have boosted the state economy in a number of different sectors‚ including the housing market‚ tourism‚ retail‚ as Colorado continues to campaign for entry of
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So McAuslan brewing all started with a guy named Peter McAuslan he was born and raised in lachine Québec any was educated at Sir George Williams University which is now known as concordia University. he graduated in 1972 with a bachelor of arts From there he worked at the YMCA in Montréal and Dawson College - this is where he met his wife Ellen Bounsall. After being tired of doing the same old thing‚ peter wanted a change. So in 1987 Peter decided to leave Dawson College and devote his
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November 3‚ 2012 English A Letter from Simon We are the beasts. I’ve been on this island-stranded- for I don’t know how long. I crashed here‚ on a plane with the other schoolboys‚ and since then we’ve been stranded. Everyone’s afraid of the beast. We’re losing our humanity‚ and the beast we’ve been running from? It’s us. We are the only Frankenstein on this island. I dunno why I’m writing this‚ I guess I just figure I ought to let someone know‚ even if it’s just the ocean. The others
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most—a sense of togetherness that would unify us much more than anything else could. Yet we never did make that connection. Instead we found it best to try and act as though we knew what a functional family was as though we were doing a bad game of Simon Says. As Gary Soto recalls from his childhood‚ “I tried to convince them that if we improved the way we looked we might get along better in life” (Soto‚ 29). That was the way my fake family was. We knew the meaning of values‚ but in reality we did
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Production Lesson 1: Fishing Boats Fish Fishing It is the process of catching fish; it had existed even before the rise of man. Different types of animals can fish; many birds have beaks or talons made for fishing. Osprey Kingfisher Puffin • Early human settlements/civilization were close to lakes or rivers because of their abundance in resources. • Primitive fishing gear were made of materials such as wood‚ bone‚ or metal. During the latter part of the nineteenth
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Book Assessment – Campus Traditions Essay In Simon Bronner’s Campus Traditions‚ the folkloric contributions of the primal scream‚ school rivalries‚ and graduation traditions are detailed as means for students to cope with a specific anxiety or stress to keep them sane in the world of college life. The primal scream is one example of a major contribution to folkloric activity as it addresses the stress of final exams and academics. During final exams students are put under heavy workloads accompanied
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