Discuss the concept of limited liability

Assignment Help Operation Management
Reference no: EM131441189

Discuss the concept of limited liability and how it may influence the type of business entity a person chooses when forming a business. Which ethical norm is consistent with a person who chooses a LLC over a sole proprietorship?

Reference no: EM131441189

Questions Cloud

Provides consulting services to improve business processes : Scott Rock Consultants (SRC) is a professional services firm that provides consulting services to improve business processes. Many of SRC services fall under the areas of organizational design, work-flow analysis, efficiency improvement, and leveragi..
Discuss importance of formulating and implementing strategy : Discuss the importance of formulating and implementing strategy. Organizations that manage strategically tend to outperform those that do not. It is important to understand strategy on a local level in order to understand its global implications. Eff..
What is the re-order point for the pharmaceuticals : Arizona Health Services (AHS), a large hospital system, dispenses 250,000 bottles of brand name pharmaceuticals annually in one of its hospitals (assume a constant daily demand). What is the economic order quantity? What is the total cost of the phar..
Market and the ability to secure long-term future profit : What actually happened to BNJ? Look it up! Ben and Jerry growth in sales suffered a financial loss in 1999, but the company is somewhat stable. Ben and Jerry suffered a loss in profit in 1994, however Ben and Jerry had improved after 1994. Ben and Je..
Discuss the concept of limited liability : Discuss the concept of limited liability and how it may influence the type of business entity a person chooses when forming a business. Which ethical norm is consistent with a person who chooses a LLC over a sole proprietorship?
Main objective of the audit of entity financial statements : Sarah O’Hann enjoyed taking her first auditing course as part of her undergraduate accounting program. What is the main objective of the audit of an entity’s financial statements? The audit represents the CPA firm’s guarantee about the accuracy of th..
Spend time in different countries : What competencies do you (a) have, and/or (b) need if you were to join—or are already working for—a global company in which you would spend time in different countries?
Breakdowns have been determined to be poisson distributed : Past records indicate that each of the 5 laser computer printers at the U.S. Department of Energy, in Washington, DC, needs repair after about 20 hours of use. Breakdowns have been determined to be Poisson distributed.
Causing the historical declines in mortality rates : Which was more important in causing the historical declines in mortality rates? Explain the importance of your number one ranking?

Reviews

Write a Review

Operation Management Questions & Answers

  In light of the legal barriers to collaboration

In light of the legal barriers to collaboration, some healthcare leaders believe significant legal reforms are a necessary first step for promoting meaningful hospital-physician integration. So what do you think?

  To accomplish successful re positioning of the brand

To accomplish a successful repositioning of the brand, Taco Bell needed to inform its consumers that Taco Bell food should be thought of as an experience rather than as just fuel. In the communication process, Taco Bell would be the ______ and the co..

  Determine how you as project leader would handle

Determine how you as project leader would handle having four team members with four different, distinct temperaments.

  Sustain its global positioning

To consider the viability of Logitech's future, the CEO of Logitech, has brought you in as a consultant. Your task is to use the company's competitive analysis to predict it's future. To do so, complete the following tasks: Appraise the effect of ..

  Figured out a way to reduce its inventory inventory

Your company has figured out a way to reduce its inventory inventory (raw materials) by 50 percent without affecting quality or the production schedule. Your supplier is reliable so no delivery issues are expected. Your contract calls for you to pay ..

  Deviance and rationality influences their perspectives

Explain how a person's perspective on deviance and rationality influences their perspectives and attitudes towards drug users and policies about the War on drugs. Explain the relationship between risk management and health care legislation. How does ..

  Describe top-down strategic planning

Describe top-down strategic planning. How does it differ from bottom-up strategic planning? Which of the two is usually a more effective strategy in implementing security within a large, diverse organization?

  How many variables will be set equal to zero in a solution

How many variables will be set equal to zero in a basic solution for this problem? Find all the basic solutions, and indicate which are also feasible. Find the optimal solution by computing the value of each basic feasible ..

  A work sampling study is to be conducted

A work sampling study is to be conducted on rush hour traffic (4: 00 p. m. to 6: 59) five days per week. The study will encompass 40 days. Determine the day, hour, and minute for 10 observations using the following procedure and Table 7.5:

  Determine if the company has a sustainable advantage

Determine if the company has a sustainable competitive advantage. If you determine that a sustainable advantage exists, support your claim. If you find it lacking, recommend actions that would secure a sustainable competitive advantage.

  Describe any three legal issues presented in the film

Reflect on the actions of Kenneth Lay, Jeffrey Skilling, Lou Pai, Andrew Fastow, and the auditors of Arthur Andersen depicted in The Smartest Guys in the Room. Without conducting any additional, outside research, please describe any three legal issue..

  Servant leadership and shared leadership

Laura is involved in leading a virtual team with members in Kansas, South Carolina, Chicago, and India. This is an example of __________. Servant leadership, Shared leadership, Leader-member exchange.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd