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Soda Dispensing Systems Inc. (SDS) was owned by two shareholders, each of whom owned half the stock. One shareholder was president and the other was vice president. Their shareholders' agreement stated that neither could commit corporate property without the written consent of the other. When SDS went out of business, the two agreed to sell the assets, split the proceeds, and pay $9,000 to their accountant, Carter. Later, the president committed SDS to pay Carter $24,000, claiming that he had the authority, as president, to make that commitment. When the accountant tried to collect, the vice president objected, asserting that the president exceeded his authority. The accountant filed a lawsuit against the vice president seeking payment. How should the court rule? Discuss fully.
Explain how lean systems differ from traditional production systems?
Ask questioAn upscale home fixture supplier has four locations. Each location manages its ordering independently. The specialized lighting fixture sells for $300 and sales are on a
1. What benefits can be gained from case studies? What dangers, if any, are there in using case studies? In what ways are they useful? Support your answers. 2. Provide some exam
1. Suggest productivity measurements which operations managers might consider important to be used in a: (a) hotel (b) University (c) Department store (d) Hospital
What are some advantages of a pay-for-knowledge pay system?
How will you influence people to strive willingly for group objectives in your organization (target based industry)? Apply your interpersonal influence through communication proces
Stan Garner resides in illinois and promotes boxing matches for Supersports, INC. an Illinois corporation. Garner created the conect of "ages" promotion- a three fight series of bo
Analyze the four elements of the integrated model of motivation to determine which element is the most essential to get right when motivating employees. Explain your rationale. •As
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You are a newly appointed VP of a large oil drilling firm. One of your tasks is to develop a crisis management program for the company. Outline the basic steps in such a program
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