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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performance started to decline drastically because of the off-shore price competition and lack of proactive act from the head of the manufacturer. This resulted WC market share drop down to 12%‚ as seen in exhibit 3. The circumstance has forced Whistler Corporation to consider an alternate approach of different product development from their market research by leveraging their resources. However‚ RACE –ME program‚ a model developed from a short empirical data rose some questions from the executive levels
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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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Municipal Corporation is a local government body that administers the city. Under the panchayati raj system‚ it interacts directly with the state government‚ though it is administratively part of the district it is located in. The Municipal Corporation consists of members elected from the wards of the city. The Mayor and Deputy Mayor are elected by the members among themselves. A Municipal Commissioner‚ who is from the Indian Administrative Service is appointed to head the administrative staff
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Knowing little about toothpaste‚ he had technical tie-up with a Japanese company and Lamoiyan Corporation was formally launched in 1988 and produced the first tube of Hapee. Sales have been thwarted by three significant barriers: consumer fears that locally produced goods were inferior‚ their preference for Colgate’s taste and the lack of awareness of the Hapee brand. Pedro and Lamoiyan Corporation counteracted these obstacles by capitalizing on their tie-up with a Japanese company‚ imitating
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Abstract:The structure of this assignment is such that the questions are not just answered directly but that there is a discussion of general premises by the author prior to confronting the complexities of systems re-engineering. The reader is given a few short philosophical insights into the author’s assumption in the "preferred method" of such organisational change. It is the focus of this assignment to impart how the organisational change will lead to the organisations culture changing. In the
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STRATEGIC PLANNING AND IMPLEMENTATION INTRODUCTION For the purpose of this paper I have selected M/s. Apple Inc as an organisation. M/s. Apple Inc are considered to be one of the most competitive organisations in the globe who operate in a very fast environment of technology and computers‚ where the developments are so rapid and fast that the management are expected to revisit their strategies and implementation plans on a continuous basis to stay competitive and maintain that technological
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CHRISCHER L. ALANES FINANCIAL ACCOUNTING REACTION PAPER – THE ENRON SCANDAL FACTS OF THE CASE Enron Corporation was formed in 1985‚ led by Kenneth Lay‚ as a result from the merger of Houston Natural Gas and Internorth that specializes in natural gases and commodities. In 1990‚ the company hires Jeffrey Skilling to lead the trading of commodities under deregulated market and Andrew Fastow later that year (USA Today‚ 2002). Deregulation of the energy markets allowed companies to place bets
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Case Study of McKesson Corporation Description of the company’s performance McKesson Corporation is one of the leading providers of health care products and services. When it comes to analyzing the external environment; the political‚ economic‚ social‚ technological (PEST) analysis shows that the environmental situation is favorable for the company. The environmental factors are giving the company a chance to succeed in its endeavor. In politics there is no direct problem that might affect the
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