The primary advantage of a corporate form of business is that a corporation is a stand-alone entity‚ which means you are not personally liable for the assets and debts of the business. Incorporating protects your personal assets from lawsuits‚ debt collection and other business issues that can arise. The stand-alone entity also separates tax liabilities‚ which is another advantage. This means that the corporation’s taxes are separate from your personal tax liabilities. As a business
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Scenarios: Bad Behavior and The Difficult Employee Read each of the scenarios below and write a 2 page response (for each scenario) that evaluates the role the supervisor played in the maintenance of good order within the organization. Bad Behavior? Officer Stevens‚ the Sergeant on the evening shift reported to you (the shift lieutenant) that after roll call he heard two male officers telling sexually explicit jokes in the hallway. As the Sergeant exited the roll call room he noticed one
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Leadership Summary Many people are familiar with Lee Iacocca’s rise to power starting at the Ford Motor Company because of many well orchestrated advertising and marketing campaigns. This initial introduction was followed by extreme press exposure of his subsequent termination from Ford and at this point in time nearly everyone has heard of his almost heroic efforts to save the Chrysler Corporation from bankruptcy. What most individuals do not realize is that Iacocca was a four year student of
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Communication Scenarios MGT/521 Communication Scenarios I am writing to describe how I would personally respond to three different scenarios that deal with communication. I will explain how I would handle each situation as each scenario is different. Scenario 1 In scenario 1‚ a situation is described where communication needs to be addressed to get some important details to big group of a marketing team in order to make a plan for a new advertisement campaign. I would choose to have a face-to-face
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You are required to prepare an investigative report on a recent corporate scandal that involved improper accounting practices or any form of financial scandal. Your report must include the following: an overview of the corporation a description of the scandal methodology - explaining the specific accounting impropriety that the company used. an explanation of how the firm managed to hide their accounting improprieties a discussion of who the scandal effected - both inside‚ and outside
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Describe the importance of scenario planning how it works and limitations. From Schoemaker: Scenarios are stories about the way the world might turn out tomorrow‚ stories that can help us recognize and adapt to changing aspects of our present environment. Scenario planning is a disciplined method for imagining possible futures that companies have applied to a great range of issues. It goes further than other plans‚ such as contingency planning and sensitivity analysis. These plans always focus
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A Reflection on Scenario One This is a reflective essay‚ aims to discuss how I have managed to achieve the learning outcomes of scenario one in module two. The first part introduces the concepts I have learnt in this scenario and indicates how I have utilised the tutorials for learning‚ followed by a description of my practical and theoretical formative assessments. Thereafter this paper will reflect on my positive and negative learning experiences from scenario one including the details of the
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Case: Sara Lee Corporation Issue: Has Sara Lee’s retrenchment strategy been successful? The five competitive forces for Sara Lee Corporation have overall caused an increase in competition. The threat of substitute products and buyer bargaining power are both a result in this increase. Sara Lee negotiates with the buyers so that their products are able to get more shelf space in the supermarkets. The five most important key success factors for Sara Lee’s various industries are distribution
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n Communication Scenarios MGT/521 October 8‚ 2012 Sandra Griffin Communication Scenarios Communication is the act of delivering and receiving information for the purpose of establishing and understanding messages. There are various forms of communication designed for the delivery of different information‚ for different scenarios‚ and individuals‚ among others. Establishing the ability to communicate effectively requires interpersonal and intrapersonal skills. These skills consist of
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Lee Iacocca Lee Iacocca‚ born Lido Iacocca on October fifteenth 1924‚ was the son of an Italian immigrant named Nicola Iacocca. He had one sister named Antonette. The family lived in Allentown‚ Pennsylvania. His father was some what of an entrepreneur in the food service industry. The family business was called the Orpheum Weiner House in Allentown‚ Pennsylvania. The company is still standing today‚ operating under the name Yocco’s‚ his uncles’ are still making hot dogs for the public
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