Marketing decision that results in dramatic decrease

Reference no: EM131159396

Mitch is a director and officer of Numero Uno, Inc. Mitch makes a marketing decision that results in a dramatic decrease in profits for Numero Uno and its shareholders. The shareholders accuse Mitch of breaching his fiduciary duty to the corporation. What is Mitch's best defense against this accusation? Later, the Numero Uno board considers a resolution for the firm to compete with One-of-a-Kind Corporation. Mitch is a director and shareholder of One-of-a-Kind. What is Mitch's responsibility in this situation?

Reference no: EM131159396

Questions Cloud

What is the total expected revenue : The flight from Philadelphia to Chicago has 250 seats. The airline offers a high and low fare. There is ample demand for the low fare. Low fare customers buy in advance of high fare customers. What is the total expected revenue (including both low an..

Equipment acquisition proposal : An equipment acquisition proposal was being considered by a large health care organization. The array machine will enable the hospital to perform autoimmunity tests (for immunoglobulins G, M, and A and complements C3 and C4) in-house rather than send..

Mixed strategy to best meet demand : Choose a local organization and suggest how it might employ a level, chase, or mixed strategy to best meet demand. Explain how your suggestion would enable the firm to best meet their typical demand in a way that minimizes cost or maximizes profit.

Make recommendations to management for upgrades : You have been asked to perform an assessment of any medium sized company’s current outdated Information Technology assets (hardware, software, etc.) and make recommendations to management for upgrades or replacements of those systems.

Marketing decision that results in dramatic decrease : Mitch is a director and officer of Numero Uno, Inc. Mitch makes a marketing decision that results in a dramatic decrease in profits for Numero Uno and its shareholders. The shareholders accuse Mitch of breaching his fiduciary duty to the corporation...

Explain some of the most important risk factors : List and explain some of the most important risk factors to consider during project execution, monitoring, and controlling. What role does culture play in this process and how can these factors be mitigated?

Cost of ending inventory under lifo-fifo-weighted average : Pete's Convenience Store has a beginning inventory of 12 cans of soup at a cost of $.85 each. During the year, the store purchased 4 at $.95, 6 at $1.05, 7 at $1.35, and 8 at $1.50. By the end of the year, 18 cans were sold. Calculate (A) the number ..

Firm strategies-policies and quantified in financial terms : Financial statements provide measures of the success or failure of the firm’s strategies and policies, quantified in financial terms. Such information is valuable to the firm’s managers, as well as to stock and bond analysts, potential investors, ban..

User Account

All Pages