Marriott Corporation

All activities of the company is done with the governance of a person called Director of the company. Director’s duties comes from common law and statue law under Corporation Act 2001.They designed so that director can provide good direction and ensure that they are working for the interest of the company. They do not use their position and information provided to them improperly. Sometime there is the situation of insolvent trading where the director of the company allow their company to incur…

In Hooper vs. Yoder, David Yoder sued Steven Hooper for half of the company’s assets and half of salary previous paid to Mr. Hooper. The decision reached was in Mr. Yoder’s favor and was reaffirmed upon appeal (Hooper v. Yoder, 1987). The case was heavily influenced by the Uniform Partnership Act, which governs the business dealings of partnerships. This case in particular highlights the legal cadence of dissolving and forming businesses and partnerships as well as places an emphasis on the…

Corporate Culture Corporate culture continues to receive a lot of attention in businesses all around the world due to its potential to affect the organizational performance of a company. There are multiple positive and negative aspects of corporate culture which can lead to the key to success of an organization. Thus, many organizations like McDonalds, have come to appreciate the influence corporate culture has on them. Definition of Corporate Culture Per Dictionary.com (2002) the definition of…

MIDTERM #2 Question #1 It was the investment bankers of Wall Street who were the original, principal innovators of the symbolic framing of Corporate America in the 1980s. The capitalist realized that it was something wrong with the Corporate America, due to the exogenous system shock in the 80s. The investments bankers symbolically framed the managers because they were “betraying” the owners by using the conglomerate strategy. This strategy has been used since the 1960s to avoid a potential…

1.0 Introduction “If you wouldn’t fix your own plumbing, or let your Dad cut your hair, don’t do it yourself when it comes to managing your wealth and making financial decisions” (trachyte.com.au, 2017). This is a snapshot of Trachyte Wealth’s owner Josh Eisemann’s approach to financial planning. Operating as a financial planner since 1996 and trading as Trachyte Wealth since 2015. They promise to provide formal financial advice across the following areas including: investments, insurance,…

In the book “The World is Flat” author, Thomas Friedman, talks about ten forces that flattened the world. After thoroughly reading over his ideas about these forces, supply-chaining and insourcing seem to be two of the biggest flatteners. Readers are provided with a basic understanding of what these two forces are and how they work throughout the business world from Friedman’s point of view. Friedman explains, “It is the ambition of this book to offer a framework for how to think about this task…

Jones has the opportunity to change the election of his current sole proprietorship to an S-corporation. However, he also has the options of liquidating the business as it currently stands or make the election and then liquidate the business as an S-corporation. The business assets contributed to the used car dealership belong to the sole proprietor, Mr. Jones. Liquidating the used car dealership requires Mr. Jones to repay…

Social Responsibility of Business has two major terms – Social Responsibility and Business. In the earlier days, the businesses could operate without giving a thought about their responsibilities towards the society and majorly focusing on their revenues and profits, but those days are gone. Social responsibility refers to the responsibility of the individuals, governments or the organizations towards the society. Hence, we can say that Social Responsibility of Business is the responsibility of…

seven on mergers, Acquisition and takeover Mohsin Shafiq from Egypt and Jacob Sarkhou from Kuwait . In addition to this, there are some judicial authority in support of this argument as was established in an American case of Farris vs Glen Alden corporation where it was stated that, “upon the filing of the merger agreement with the appropriate state official, Glen Alden would disappeared and all the property, interest, rights and obligations of Glen Alden would pass by law to list”. Another…

In the case of the banned Pepsi commercial, the corporation failed to reach their goal profitability and the goal of encouraging global unity. The commercial displayed the protests to be a celebration of fun and not a stage to demand social equality and political fairness. The commercial was accused of using social injustices to create a profitable revenue for the corporation. The corporation crossed the line which caused the commercial to become a political and social conflict. Although, the…