Digital Equipment Corporation

Interconnectedness Is a Formula for Success-Ashwin shetty Interconnectedness comes from the verb interconnect. Interconnect means to link or to network or to join; therefore, interconnectedness means linkage or network. It is the act of people or things being closely joined or related. Success depends profoundly on interconnectedness both for a business or for a person. Many organizations in profit and non-profit making systems have perfected the act of interconnectedness. Learning institutions…

time their song was played. Impact of entrepreneur’s background on company Due to Darren’s previous employment he had built up contacts with in the industry. Darren’s college education also impacted the company as he had previous knowledge of thee equipment which the company would be using and also may have knowledge of using…

Case Activities 3 Discharge in Bankruptcy In this case, Joseph Harman, the president of Carter Oaks Crossing was loaned $400,000 by Caroline McAfee. Harman signed a promissory note that specified the company would repay the amount of the loan with interest in installments in which the installments would begin in 1999 and end in 2006. Harman signed a personal guaranty with the promissory note. Carter Oaks Crossing eventually defaulted on the note causing McAfee to sue Harman for payment under…

deciding where to build a new factory is not difficult for many multinational corporation. Because China is undoubtedly the most sensible choice, where there is sufficient supply of “cheap labor”, low exchange rate, and the government also provide some benefits laws to attract foreign companies. With the increasing of economic globalization, that’s starting to change. Multiple risks cause of multinational corporation began to seriously consider the question about “Build a new factory in…

closed corporation there are countless advantages. ii. There is separate legal identity meaning the corporation can sue in it’s own name or buy, own and use it’s own real/personal property. iii. There is asset protection meaning the company has limited liability and whoever does business with the corporation must satisfy any obligations owed to them. iv. There is perpetual existence meaning if the owner of the sole proprietorship dies the business will not cease to exist. Once the corporation…

Scholarly Research Article Digest Article: The Theory of the Corporate Life Cycle Citation: James, B. G. (june, 1973). The Theory of the Corporate Life Cycle. Long Range Planning, 6(2), 68-74. Retrieved April 12, 2012. Main Points: The first crucial mistake that business owners make when initially developing their company is believing that their company will last forever even is they have not adopted new technology and consumer demand. Business owners tend to forget that during the…

honest because she knew Alex to be the best person with knowledge of the Chinese market and experience that would ensure expansion of the business into China. Alex and Betty did not breach any duties owned to Smart Engineering Pty Ltd. as per the Corporations Act 2001 (Cth) because as per chapter 5c, section 601FC they were both acting in the best interest of expanding the business into…

advantage for Power Hour Fitness as it is a hybrid of certain features of a corporation and a partnership. As a Limited Liability Company, the three associates avoid major risks such as within a partnership where partners are responsible for all debts. Instead, losses will only be the amount the members put into the business. Additionally, the Limited Liability Company will avoid the double taxation that occurs within a corporation. Both of these advantages allow for great success of Power Hour…

Recommendation Based on the SWOT Analysis of CHHB, we found that there are areas that need to be improved by the company in order to improve their company overall performance. First and foremost, CHHB is one of the most outstanding companies in property industry and other industries as well. The company has involved and more experiences in property industry for more than 30 years. They are one of the nation’s pioneering property developers that deliver unique, innovative and quality products.…

2.1.3 Shareholder protection Shareholder protection is top on the list of corporate governance. However, emphasis placed on protecting shareholders may led to unethical practices if this is a difficult thing to accomplish. Thus, it causes a problem for effective corporate governance in future. This is because protecting shareholders goes in line with making high profits. Therefore, if the company is making losses, it may misrepresent financial figures in order to deceive shareholders that the…