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Essential that all the partners take decisions jointly
Nicholas, Jack and Madeline are planning to form a partnership to create a business that will sell a healthy breakfast-on-the-go to commuters just outside of the local train station. They have been able to reach agreement on many issues, but Madeline is concerned that Nicholas might become a little irresponsible and use his position as a partner, and the partnership's name, in business transactions that Madeline might not approve of for the partnership. Madeline feels that Nicholas has superb marketing skills that will benefit the business, but she wonders what he might do in regard to transactions with third parties on behalf of the partnership.
REQUIREDPrepare a memo to Madeline discussing the rights of each partner to engage in transactions on behalf of the partnership and how a partnership can restrict a partner's authority to engage in specific types of transactions.
A small business owner has a defined-benefit retirement plan for him and three employees. Discuss the annual retirement benefit for each plan participant.
Do male and female leaders differ in their behavior and leadership styles in organizations?
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When the integrity of a leader is question confidence is lost in their decision making, and judgment
Given the various marketing strategy implementation approaches discussed in the text and your individual personality and preferences- Discuss your comfort level at implementing a strategy that is not within your personal comfort zone.
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