Finish Line Incorporated is an American-based athletic footwear and fashion retail chain. The company also sells accessories ranging from socks, laces, and hats to shoe cleaner, insoles, and sports gear. Being my favorite sneaker store, Finish Line Incorporated retail stores are found across America located in 47 states operating over 660 stores. Now being a corporation, Finish Line’s roots began in 1976 among three friends who wanted to create a store that held the newest athletic footwear.…
In this final discussion, we are asked to evaluate business start-up options for Shania Jackson. Shania is a mature Christian. She has a desire of opening a coffeehouse. Shania seems to have the support of her husband, sister, and neighbor, but in varying degrees of commitment and perspectives. Shania’s husband is willing to invest capital, but not help in the day to day operations. Her sister, a new Christian is eager to participate in the business, but her husband is completely against the…
Question from Chapters 5,6,7,8 1. What UML diagram types do you need to represent the essential features of a system? A. Activity diagrams, which show the activity that make up a system process and the flow of control B. Use case diagrams, which show the interactions between a system and its environment. C. Sequence diagrams, which show interactions between actors and the system and between system components. D. Class diagrams, which show the object classes in the system and the…
veil is most often used as a tool to uphold statutory corporate formalities. It ensures that corporations are conducting mandatory meetings and are following proper statutory guidelines. It reinforces that shareholders are in fact held as a separate entity with the absence of conflict of interests. Second, piercing will also be used in order to remedy fraudulent misconduct, specifically “constructive fraud” that serves to disrupt the corporations’ legal contractual obligations…
Selecting the Right Business Entity Choosing the Right Business Entity for Maximum Growth The legal entity that you choose for your business is one of the most crucial decisions you 'll make when it comes to realizing tax advantages that help your business grow. If you 've already established your business, it might be worth reviewing your business structure and finances with a Certified Tax Coach, and it’s always important to consider your options when starting a new company. Even though it…
RV Consignment versus RV Rental Meta: RV consignment companies versus an RV rental share company where you're in control. As an owner, you'll be able to make your own rules with an RV share company. RV Rental Consignment An RV trader can offer rental consignment agreements to RV owners who don't want to place their coach in storage. With a growing number of people buying an RV or wanting to experience the RV lifestyle, there are more and more families buying campers, trailers and…
When it comes to relationships, Holden is a paradox in creating them. He often finds himself ostracizing the people surrounding him, believing that they are “phony” and spurious. While encountering numerous people during his three day journey, “he remains fundamentally withdrawn and isolated … most of his interactions are superficial, and many of his relationships are insincere” (Evans). Because of this, Holden fails at forming authentic relationships, being contradictory to his words and…
Partners in Business How does a partnership stay structured? Do you ever just sit there planning the name of your business you and your best friend are going to own once you both grow up? It should be a cupcake store…or a candy store…even better both! You both are going to be the best partners ever! If you are thinking that think again or at least think a little farther. Yes there is a possibility of that happening, but then there is a possibility that it won’t. All I’m saying is there is a lot…
of their operations. The differences between mergers and acquisition relate mainly to the relative size, management control and ownership of the combined business. Mergers is defined as two separate companies pooling their resources into a single entity and become common shareholders. The shareholders of pre-merger companies have a shared in the ownership of the merged business. In contrast, acquisition is defined as where a company or party makes an offer to acquire all the shares or acquire…
Business communication The iceberg model An iceberg has only one-fourth of its volume above water and the rest of its volume is beneath the surface in the sea. Culture has some components which are visible like custom and behaviors but other components like attitude, thinking styles, self-image etc are hidden beneath the surface. In an inter-cultural business environment, people tend to judge foreign people’s behavior based on their own cultural background. I have learned this theory in the…