Jasmine owns a controlling interest in the Hardwick Company. Explain her responsibilities if she wants to privately sell her interest


One or a few shareholders who own a controlling interest in a corporation may privately negotiate a sale of that interest. The courts require that these transactions be made with due care. Jasmine must make a reasonable investigation so as not to transfer control to purchasers who wrongfully plan to steal the corporation's assets or to act against its best interests. If she receives a premium for the block of shares that convey control, almost all courts today would permit her to keep the amount received rather than requiring her to turn the premium over to the corporation.

Business

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According to the decision-making model that is drawn heavily from the thoughts of Joseph L. Badaracco Jr., the question, "Which course of action is feasible?" recognizes that when a particular option is believed to be feasible, the manager's work is considered done.

Answer the following statement true (T) or false (F)

Business

Systems development represents 80 to 90 percent of the total cost of a computer system

Indicate whether the statement is true or false

Business

The Grupthink vignette from the text uses customer co-creation in what way?

a. Grupthink emails surveys to competitors to gauge their level of co-creation. b. Grupthink functions as a feedback community for their own business as well as others. c. Twice annually, Grupthink holds virtual focus groups to discuss applications for their innovation. d. Grupthink uses social networking sites such as Facebook, Myspace, and Twitter to obtain feedback. e. Grupthink sells capabilities to hold virtual meetings where customers are interviewed in regards to their experience with certain products.

Business

An order for 120 units of Product M has been made. There are currently 30 units of Product M on hand. Each M requires 4 units of Component N. There are 20 units of N on hand

(a) Calculate the net requirements for M. (b) Calculate the gross requirements for N. (c) Calculate the net requirements for N.

Business