Decided to start travel business called excellent adventures

Assignment Help Operation Management
Reference no: EM13992286

William and Theodore have decided to start a travel business called Excellent Adventures. Since their business primarily involves time-travel their clients may be harmed during a small but significant portion of the travels. Consequently, William and Theodore would like a business form that will shield their personal wealth from any legal claims that the firm might be subject to after one of the travel mishaps. If William and Theodore are the only investors in this U.S. domiciled firm, which legal form of organization would be best for Excellent Adventures to protect both William and Theodore? a. Limited Partnership b. Sole Proprietorship c. Partnership d. Corporation

Reference no: EM13992286

Questions Cloud

Calculate the optimal production run quantity : A sausage factory can produce European wieners at a rate of 500 kg per day. It supplies wieners to local stores and restaurants at a steady rete of 100 kg per day. The cost to prepare the equipment for producing European wieners is $12. Annual holdin..
Consumer behavior or important issues in society affected : In what ways if any has the media's agenda-setting power on public perceptions, consumer behavior or important issues in society affected you or someone close to you? Is there anything you could or would want to do about that impact? Explain your ans..
Calculate total annual cost of ordering and holding flour : A large bakery buys flour in 25 kg bags. The bakery uses an average of' 4,860 bags a year. Preparing an order and receiving a shipment of flour bags involves a cost of $10 per order. Annual holding cost is $5 per flour bag. Determine the economic ord..
Foreign markets and competitive advantage possibilities : Summarize Proctor & Gamble operations in foreign markets and competitive advantage possibilities. Describe which method(s) has been used to enter foreign markets. How has P&G gained competitive advantage through competing internationally?
Decided to start travel business called excellent adventures : William and Theodore have decided to start a travel business called Excellent Adventures. Since their business primarily involves time-travel their clients may be harmed during a small but significant portion of the travels.
Determining how to standardize cryptographic methods : Ever since World War II and the ensuing Cold War, cryptographic methods have been the source of much government angst. Protecting the information of one's own government and accessing the data of other governments has been a preoccupation of many nat..
Role in the establishment of a european identity : The process of Imperialism and Colonialism played a role in the establishment of a "European" identity. To what extent are we witnessing this phenomenon being played out in other parts of the world today?
Motor carriers versus other modes of transportation : What is the primary advantage of motor carriers versus other modes of transportation? Be sure to cite or include links to your sources.
Rail and intermodal transportation for domestic shipments : Based on the trend toward higher fuel prices for the foreseeable future, what trade offs do you anticipate between the use of trucking versus rail and intermodal transportation for domestic shipments? Are there any constraints or limits to what you e..

Reviews

Write a Review

Operation Management Questions & Answers

  With examples describe two important employee attitudes

With examples describe two important employee attitudes. In your answer be sure to explain why those attitudes are important. Managers have the ability to shape employee behaviors. Let’s say you have a female employee who dresses inappropriately for ..

  Meet the need of organization and all stakeholders

Describe your innovation and explain how it addresses the problem. How will it meet the needs of the organization and all stakeholders involved

  Description for additional details about overall project

Your final paper consists of the best practices to manage the procurement and contract cycle. Please see the course project description for additional details about the overall project.

  Strategies for creating well-written-effective reports

Valuing diversity is commonly regarded as a virtue in today's business world. What are some strategies we can use to reflect the value of diversity in our written work? What are some different types of reports you are likely to write in your career? ..

  Economic order quantity-what is total ordering cost for year

An energy company orders railcar loads of coal at a rate of 62,500 tons per year. Delivery lead time is variable, but has averaged 5 days. The annual cost to hold inventory is $200 per ton and each order that is placed with the supplier costs $2,500 ..

  What is a run? how are run charts useful in process control

What is a run? How are run charts useful in process control?

  Identify the elements of the supply chain

Choose a local establishment that is a member of a relatively large chain. From interviews with workers and information from the Internet, identify the elements of the supply chain. Determine whether the supply chain represents a low-cost, rapid resp..

  How did joe shaughnessy seem to do in achieving

How did Joe Shaughnessy seem to do in achieving the four bottom lines

  Describes the industry value chain for a bicycle

Create a diagram (similar to the diagram in Figure 1-10) that describes the industry value chain for a bicycle. Identify stages of the chain in which a company might use electronic commerce and explain how the company might use it in those stages.

  How consistent are the different communications

Pick a brand and go to the Web site. Locate as many forms of communications as you can find. Conduct an informal communications audit. What do you notice? How consistent are the different communications?

  Features and aspects of activity based management

Features And Aspects Of Activity Based Management

  How skills related to execution of management roles

Additional skills he will need are conceptual, and human related in order to be prepared for the management position.

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