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SolarBike Company was formed as a partnership ten years ago by three sisters-in-law: Peg McLaughlin, Terry McLaughlin, and Joanie McLaughlin. All three worked diligently to design and produce the SolarBike: an electric bicycle propelled by the sun’s rays. The good news is that the bike is a big hit with environmentalists and last year’s sales reached $2 million. The bad news is that to keep up with growing demand for the bike, the company must expand its capacity at a cost of $1 million. Even though the company is doing well, it’s unlikely that the partnership could get the needed $1 million in funds from a bank. The company’s predicament was discussed at a recent partnership meeting. Not only were the three partners unwilling to lend the company any more money, but also they voiced concern about being held responsible for their own actions as well as for all the partners’ actions. Peg asked the group to consider incorporating and raising funds through the sale of stock. Joanie supported this idea, but Terry was against it. The three partners hired you as a consultant to advise them on whether to remain as a partnership or to form a private corporation. In addition to your recommendation, you should discuss the advantages and disadvantages of both forms of organization and explain how they apply to SolarBike Company’s situation.
Identify and describe the main components of a company's Marketing Environment. Explain with the help of your own where you work or any organization.
Steven enters into a contract with Mandy. The contract is for Mandy to repair Steven’s car for $600. What are Mandy’s rights and duties? What are Steven’s rights and duties? If the contract expressly prohibits any assignment, can Mandy assign his rig..
What is his annual inventory turns?
An item in inventory has a constant demand of 2500 units per year. It costs $ 500 to place an order and the unit cost of the item is $ 30.00, when ordered from 0 to 499 pieces, $ 25.00 if ordered between 500 and 899, and $ 22.00 when more than 899 pi..
Determine the likely consequences of the introduction of gaming entertainment into your state, or if your state already allows gaming, the impact of significant economic expansion of the segment upon other segments of the hospitality industry.
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You have a production area where ten welders are producing small parts using MIG welding on mild steel for eight hours each day. There is a general "haze" visibly present, which increases throughout the work day. What type ventilation system would yo..
Explain the components of the market research report. Include a company in your explanation and how the final report will be useful to that type of company.
How much (dollar amount) of the S&P would you short in order to minimize the variance of the profit your hedge position?
The general plan of major actions through which a firm intends to achieve is long-term objectives is called its. How valuable a low-cost leader's cost advantage is depends on
Give a brief description of your topic of research interest (quantitative, qualitative, or mixed) Next, state the philosophical orientation that reflects your worldview and explain the epistemological and ontological assumptions of this orientation. ..
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