Marketing decision that results in a dramatic decrease

Assignment Help Other Subject
Reference no: EM131626232

Question 1: Homer is a director and officer of Numero Uno, Inc. Homer makes a market­ing decision that results in a dramatic decrease in profits for Numero Uno and its shareholders. The shareholders accuse Homer of breaching his fiduci­ary duty to the corporation.

1. What is Homer's best defense against this ac­cu­sation?

2. In general, what was Homer required to do to escape liability?

3. What type of conduct would lead to liability?

Question 2: One the decrease in profits issue is resolved; a resolution comes before the Numero Uno Board to sell one of its real estate holdings -outside of the ordinary course of business-- to One-of-a-Kind Corporation. Homer also is a director and shareholder of One-of-a-Kind.

1. What is Homer's responsibility in this situation? Can a situation exist which this is OK?

Reference no: EM131626232

Questions Cloud

Derive the price elasticities of demand : Derive the price elasticities of demand in Q3 and in Q4 by the mid-point method.
What is the relationship between quality management : What is the relationship between quality management and any two selected operations strategies?
Difference between the two firms roes : What would be VF's new WACC and its new value of operations - what would the stock price be if VF issued the new debt and immediately used the proceeds to repurchase stock?
Regards to decisions in capacity management area : What are the key differences between manufacturing and service organisations in regards to decisions in “capacity management” area?
Marketing decision that results in a dramatic decrease : Homer is a director and officer of Numero Uno, Inc. Homer makes a marketing decision that results in a dramatic
Discuss the importance of theory in quantitative research : Discuss the importance of theory in quantitative research. By comparison, how different is the use of theory in qualitative research?
Correctly drawn ad-as graph : Using a correctly drawn AD/AS graph, explain the short-run impact of this sudden increase in investment spending on each of the following for the United States.
Employment discrimination : A Financial services company has one female manager, Mrs. Amy, Does Mrs. Amy have any legal issues with the company regarding her mannerisms?
Economy stock of equipment and structures : 1. Understand the economy's stock of equipment and structures. 2. Consider how much capital goes to employees.

Reviews

Write a Review

Other Subject Questions & Answers

  Rising on the eastern horizon

On december 1 at 10:00 p.m., the bright star procyon will just be rising on the eastern horizon. when would this star rise on christmas day 24 days later?

  Indicate date and time of a particular study interval

Research suggests which daily self-measurement of your own scholarly success behaviours may help you to overcome challenges.

  Relevance of the habeas corpus

The relevance of the habeas corpus to the comtemporary U.S. situation during the war on terror, especially with respect to persons characterized by president as enemy combatants or illegal combatants.

  What role would you say government play in capitalist system

What role would you say government play in a capitalist system which helps to promote the best allocation of resources toward the pizza industry

  Best represents each of the philosophers

Using the list of philosophers provided by me, select a quotation that best represents each of the philosophers. Explain why this quotation is an accurate representation of the philosophers’ ideas, historical significance, and key contributions. Incl..

  Set aside money now to prepare for a lawsuit

A metal plating company wants to set aside money now to prepare for a lawsuit it expects to face in four years. If the company wants to have $1,000,000 available at that time, how much must it set aside now in one lump sum if the account will earn 1%..

  Explain how you would develop a budget for that solution

explain how you would develop a budget for that solution. Develop a possible line-item budget to fund the program

  Key differences between a nursing theory and a conceptual mo

key differences between a nursing theory and a conceptual model

  Explain the organization effect on health care

Write a 1,400- to 1,750-word paper that explains the role and impact of the agency on the health care industry or prison health care. Include the following: Describe the agency's structure. Explain the organization's effect on health care

  Problem related to the ipo presentation

You work for a medium sized privately held electronics firm which is considering transitioning to a publically held organization. Your boss found out that you were taking business courses at University and has asked you to prepare a presentation f..

  Describe at least two potential solutions to social issue

Describe at least two potential solutions to the social issue. What are the key steps involved with each potential solution? Are the potential solutions feasible? Explain

  Size of the ozone hole centered

Explain why the size of the ozone hole centered over Antarctica has increased over the past 30 years. What changes occurred since the implementation of the Montreal Protocol?

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