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Klinicki and Lundgren incorporated to form an air taxi service known as Berlinair, Inc. Each of them owned one-third interest in the corporation. The final third was owned by Lelco, Inc., a company owned by Lundgren. In his capacity as president of Berlinair, Lundgren learned that the Berlinair Flug Ring (BFR), a business association of Berlin’s travel agents, was looking for an air charter service. Lundgren incorporated a new corporate entity called Air Berlin Charter (ABC). ABC then negotiated an air charter contract with BFR. Klinicki brought suit, demanding that Lundgren reimburse Berlinair for any profits made by ABC on the BFR contract. Was this a direct or derivative suit? Explain. Should the business judgment rule or the fairness rule be used by the court to measure Lundgren’s performance? Explain. Who should have won the suit? Defend your choice. [See: Klinicki v. Lundgren, 695 P.2d 906 (OR).]
Using Kirkpatricks’s Four-Level Framework of Evaluation Criteria, suggest a training evaluation plan for the training program.
A number of states have passed laws that require all Medical Doctors who work at Planned Parenthood Clinics to have admitting privileges at a near by hospital. This MD's may or may not perform surgical procedures. In addition, some of these clinics a..
A sporting goods company has a distribution center that maintains inventory of fishing rods. The fishing rods have the following demand, lead time, and cost characteristics: What is the standard deviation of demand during lead time? How much safety s..
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Today's managers are likely to encounter uncertainty due to all of the following EXCEPT : Why might attending trade shows enable managers to respond to uncertainty within an industry? Which of the following would help managers respond to uncertainty..
How did the top leadership at Enron undermine the foundational values of the Enron Code of Ethics?
Describe the concept of capacity and how managing capacity can improve operations and the supply chain flow of goods and services.
What type of policies should a global organization implement that will help it to operate efficiently and effectively in today's complex environment?
What are the effects of standardization in the workplace? Are organizations justified in demanding conformity among employees? What about standardized clothing or dress codes?
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