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Bill and Hillary are friends. Bill has recently retired and now has $450,000 in super. He asks Hillary, an accountant, if he should invest $200,000 of his super funds in Midget Widgets Ltd. Hillary tells Bill that she has looked at the accounts of that company and it is a good investment. Hilary does NOT charge Bill for her services, as they are friends. Unfortunately, Hillary has misread the accounts of the company, which is almost insolvent. Bill invests his money and Midget Widget immediately goes into liquidation and Bill loses all $200,000. Bill discovers that many accountants/financial planners were aware of the poor financial position of the company and warnings had been published in several accounting journals and financial newspapers that Midget Widget was in financial trouble. Discuss whether Bill has any legal rights against Hilary. In your answer consider if the legal position would be different if Hilary had charged Bill for her services.
Discuss the challenges facing Compensation Professionals. Include future challenges relating to Economical concerns, Demographics, Productivity, Court and rulings on marriage.
Approximately half of new technology ventures rely on one customer for at least 50% of first-year sales. Identify at least three issues resulting in overdependence on one customer. Which issue is the most important and what can be done to mitigate th..
Discuss the various types of intellectual or cognitive stumbling blocks that one can face when trying to make a responsible ethical decision.
An inventory model that can handle dependent demand is called a(n)
Martha has invested $50,000 to carry out work on a contracted project. If she delivers a product on or before a scheduled delivery date, she will be paid $130,000 for her work. If she misses the delivery date, her work will be rejected and she will b..
Discuss the difference between an express warranty and an implied warranty. Include in your discussion examples of how each is created, restrictions that may apply, and whether and/or how each can be disclaimed.
determine an order size which will minimize the sum of ordering also carrying costs for every of the six-month periods.
The purpose of requirements structuring is to: a. enable the analyst to gather information on what the system should do from as many sources as possible.
Describe Shutter fly's business-level strategy. Who is the targeted customer. Which customer needs does the Corporation satisfy. Describe how does the Corporation use its competencies to satisfy these needs.
A MATCH FOR ORGANIZATIONAL STRUCTURE AND CONTROL--GM BANKRUPTCY emerging fuel-efficient cars has resulted in a move from a GM corporation to a smaller GM company. Selling-off and phasing-out brands along with changing logos are steps toward a new GM.
Some physician practices will bill at rates from 100% of Medicare to 500% of Medicare. Which one do you think is correct and why? Discuss what are you going to look for and why
Assume you are a manager of a large heavy equipment manufacturing company. Your company currently outsources the manufacturing of a specialized piece of equipment to a firm in another country. Discuss the ethics of continuing to do business with this..
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