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Jean Blacklung, president of the Smokeless Tobacco Corporation, is concerned about several large stockholders who have been very vocal lately in their criticisms of her leadership. She thinks they might mount a campaign to have her removed as the corporation's CEO. She decides that buying them out by purchasing their shares could eliminate them as opponents, and she is confident they would accept a "good" offer. Jean Blacklung knows the corporation's cash position is decent, so it has the cash to complete the transaction. She also knows the purchase of these shares will increase earnings per share, which should make other investors quite happy. (Earnings per share is calculated by dividing net income available for the common shareholders by the weighted average number of shares outstanding. Therefore, if the number of shares outstanding is decreased by purchasing treasury shares, earnings per share increases.)
a. Who are the stakeholders in this situation?
b. What are the ethical issues involved?
c. Should Jean Blacklung authorize the transaction?
Hal is electrocuted however survives and files a suit against GBC for damages, alleging that GBC was negligent. A.) Will Hal be successful in his claim B.) How might GBC defend itself.
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Healthwin-Midtown Convalescent Hospital, Inc. (Healthwin) was incorporated in California for the purpose of operating a health-care facility.
Look at a modern political movement or single figure and outline the practice of ethical/social responsibility. You might observe how this responsibility is dispersed among the population.
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Suppose a retailer uses a mark-up of 25% based on selling price and found that his competitor was using a mark-up of 30% based on cost and wanted to know what this would be as a percentage of selling price.
Using your results from (a) equate the distributions for job growth percentage as well as percentage of women employed. What can you conclude
Objective questions on International Business Management.
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