Erik and Janessa are considering a member for the founding team who has superior programming skills for their new software-related product. His successful programs are numerous and well known. They know that they want to expand to other products, and his experience would be valuable. In a networking discussion, the programmer stated that he was good at what he did and that working on Erik and Janessa’s software would be “as good as any.” Erik and Janessa felt that that was a sign that he was willing to be a founder. Discuss the advantages and disadvantages of adding him to the team.
What will be an ideal response?
While the new programmer would have the skills and experience, it is questionable whether or not he has the character of a founding member. He seems to lack passion for the startup’s success and doesn’t seem to reflect a need to believe in the project he is working on. Passion and reasonable skills will outweigh experience and skills in a cofounding team.
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Employee representation on ________ is an important aspect of codetermination.
What will be an ideal response?
Sheddon Industries produces two products. The products' identified costs are as follows: Product AProduct BDirect materials$23,000? $18,000? Direct labor 11,000? 27,000? The company's overhead costs of $57,000 are allocated based on labor cost. Assume 7000 units of product A and 8000 units of Product B are produced. What amount of production costs would be assigned to Product A? (Do not round intermediate calculations.)
A. $50,500 B. $102,000 C. $45,000 D. None of the answers are correct.
Bond contracts generally include restrictive covenants, designed to protect the interests of the bondholders. Typical covenants restrict all of the following EXCEPT:
a. the borrowing firm's investment activities. b. the borrowing firm's ability to issue additional debt. c. the borrowing firm's dividend policy. d. the firm's hiring of management personnel.
Answer the following: a. Bruce King is a computer whiz who works at the county complex where all records for criminal cases are kept. He has developed a means for deleting criminal records from the files and has contacted defendants to offer them the
deletion in exchange for a substantial fee. Has King committed any crimes with his actions? b. What if King worked for a credit reporting firm and offered the deletion service to folks with bad credit ratings? Would the result be the same?