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Recently, you attended an alumni gathering online. A friend from your days at your university proposes you form a partnership to offer consulting services. That friend currently has a contract in hand that would provide approximately 12 months of engineering consulting work for the two of you at about $100,000 a month that you will share equally plus per diem expenses and travel (paid by client). To do this partnership, you must resign from your day job at Engulf and Devour where you are currently Manager of Stochastic Modeling at a salary of $125,000 per year plus various benefits including health care and retirement worth about another $50,000 per year. Things are looking bleak at E&D as you are finally experiencing the joys of management under budget reductions. A new job might be attractive. As a dedicated follower of this class, you recognize a number of issues that you must address before forming this relationship. Of special interest is your concern about the future for the new partnership. formulate your plan for developing this firm.
Call Premium A 7.00 percent corporate coupon bond is callable in four years for a call premium of one year of coupon payments. Assuming a par value of $1,000, what is the price paid to the bondholder if the issuer calls the bond?
continuous improvement has been a very popular initiative and process for corporations especially since the 1980s. you
The Elixer Drug Company produces a drug from two ingredients. Each ingredient contains the same three antibiotics, in different proportions. One gram of ingredient 1 contributes 3 units, and 1 gram of ingredient 2 contributes 1 unit of antibiotic 1; ..
It has been said that the U.S. Constitution is a “living document” – that is, one that can adapt to changing times. Do you think this is a good policy? Or should the U.S. Constitution be interpreted narrowly and literally, as originally written?
Beth advertised her 2005 Corvette for sale on the Internet. In her advertisement, she falsely stated that the vehicle had only been driven 60,000 miles when in fact it had been driven 160,000 miles.
The Feds Beige Book researches _____.
The following is a table of activities associated with a project at Bill Figg Enterprises, their durations and what activities each must precede and the crash cost to reduce duration per week.
Ever since the Ford Pinto case, Enron and now Murdoch there is an increasing number of laws passed that make corporations criminally responsible for their actions. The Supreme Court recently decided that because corporations are considered "a person"..
Health care resources are scarce while demand continues to increase. How can health care resources be utilized fairly? When resources are scarce, who decides who will receive services and who will not? Give examples of how resources should be allocat..
Why is KM extremely valuable in areas of research and development? How do the different componenets of MITRE's KM system assist in spreading knowledge throughout its labs and in storing knowledge for use in the future?
Has Subway over expanded in a very crowded fast food industry? Is there still any viable locations in the US for Subway? How about internationally? Will the founder’s sister, Suzanne Greco, be able to lead the company back to success?
In any personal experience or a real-life story found on the Internet, discuss senior management's role in successful quality improvement programs.
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