MANA 3325 final study guide

What are the three steps needed to make a patent? Suppose you as an entrepreneur want to make a patent for corona virus vaccine. Under which category of patents you will submit your Patent application form.?Explain under which criteria the lenders evaluate a business plan?

Subject-Business law Q1-Describe the steps to take in devising a legal risk management plan Q2-Why do business people increasingly opt for ADR rather than civil litigation to resolve disputes ?

1. Define risk retention and explain why a large corporation may be able to use this technique more effectively than a small company.

Discuss a warning sign that could result in bankruptcy (either personal or for a business), and what you would do to fix the problem?

Ethical Considerations. How did the decoupling ofrisk and reward contribute to the problems in the subprime mortgage industry?

What role does corporate social responsibility play in Ben & Jerry’s business model? Should Ben and Jerry have continued to operate Ben and Jerry’s as an independent company, rather than selling it to Unilever? What were the pros and cons of going forward with the sale? How can Ben & Jerry’s justify the concept of a triple bottom line—profits, people, and planet—to company shareholders?

It is recommended that you seek legal and business advice before starting your business. To what extent do you agree or disagree with this statement?

What are some common legal issues that businesses face, such as contract disputes, product liability claims, and employment lawsuits? How can you minimize your risk of being sued and protect your assets in these situations?

You have incorporated a business which a pack of Tommies now seeks to take over. You oppose this and also feel that the Tommies should use their "education" and start their own business instead of taking the easy way by trying to acquire your successful business. However, your shareholders have been offered a higher than market value for their shares by the aggressor. Briefly describe your duties and responsibilities as an officer/board member to your shareholders. 2 Based upon the price offered by the Tommie group, your shareholders appear to be in favor of this take-over. Identify and describe (6) methods that would enable you to effectively resist the take-over.

Suppose you have to start business dealings with a company named “XYZ” how will you document the conditions both parties agreed or disagreed on and what are the considerations for such agreement?

DQ3: Corporate Ethics: Discuss the situations in which the corporate entity should be disregarded. De­scribe any situations they know of in which the behavior of a company was so socially repugnant that the own­ers should have been held personally liable.     Is it easier to start a business in “virtual” space than in “real” space?  Is it less (or more) expensive?  What are the applicable laws?  Perhaps most important from a business person’s perspective, is it possible to turn a profit?  How?  Are there different considerations for choosing an organizational form for doing business on the Net than there are for doing business elsewhere?  If so, what are they? What legal principles and laws apply to online sexual harassment in the workplace?  How might employee cyberstalking be prevented, both from a legal and a practical point of view?

9 How can someone steal your identity? Using information at the Federal Trade Commission’s central website for information about identity theft, https://www.consumer.ftc.gov/features/feature-0014-identity-theft, compile a list of the ways thieves can access key information to use your identity. What steps should you take if you’ve been a victim of identity theft? Summarize key provisions of federal laws dealing with this crime and the laws in your state.

Starting up and managing a business requires one to act responsibly and ethically at all times. It is also imperative that one carefully considers the management team and the opportunities that franchising presents to a business to create a bigger brand name and increased market share. In this task, you will discuss some aspects of franchising and develop a brief code of conduct for your business.       Discuss some of the ethical dilemmas that your business might be faced with.

Suppose that managers of a corporation approve corporate donations to a charity in the local community. How might a stakeholder proponent analyze the ethics of this donation?

What do you believe the role of the corporation is? Do you agree or disagree with Milton Friedman’s view that “There is one and only one social responsibility of business,” the Nobel economist wrote in 1970: to “engage in activities designed to increase its profits.” Companies must obey the law. But beyond that, their job is to make money for shareholders. https://fortune.com/longform/business-roundtable-ceos-corporations-purpose/

Need this..What is the significance of a "non-disclosure agreement" (NDA) in protecting business secrets and confidential information?

Josue is part of a business entity in which the parties are protected against personal liability for business debts. What type of business entity is this? Is it able to be registered as a brokerage? It is an LLC. It may be registered as a brokerage. It is an LLC. It may NOT be registered as a brokerage. It is a corporation. It may be registered as a brokerage. It is a corporation. It may NOT be registered as a brokerage.

what responsibilities does a corporation have? Is its responsibility to be construed narrowly as merely profit making? Or more broadly to include refraining from harming society and even contributing actively and directly to the public good?

What are the risks of being a real estate agent?

Assume that you are the owner of a successful small-to-medium-sized business. You want to grow your business and separate it from your personal finances. What should you do? How will you do it? In regard to dividends and earnings, when and how should you and other owners be rewarded? What are examples of each type of dividend? Why do some large corporations forgo dividends?

Choose which business form — sole proprietorship, "S" Corporation, "C" Corporation, LLC, 501(c)(3) — you would use for one of the following businesses that you would like to own if you could: An online shoe store with best friend A community fresh produce market Paralegal consulting services Catering business — three acquaintances who met on a food website Technology consulting services 3 Guys and a Girl Car Repair Bookkeeping business — five accounting graduates' startup Interactive gaming design with two family members Secondhand clothing consignment shop with one dressmaker and a seamstress Home services business — large business with one knowledgeable owner and one banker/investor Food truck franchise Respond to the following questions: Explain: Which of the 11 business types did you choose from the list above? Who are the owners/founders besides yourself, if any? Who are your potential customers? What makes your business unique in the marketplace? What are the strengths? After…

Indicate the parties that would benefit frkm a business plan

You have been hired by an inventor of a new power cell for cars, trucks and boats, who has some inquiries from prospective investors who would like to know more about the invention before they put their money into the business. He has not yet incorporated his business, but likes the idea. There are three key issues to deal with: 1) Incorporate his company after explaining the pros and cons of incorporation. The name he proposed was 21st Century Vehicle Batteries Inc. 2) You must advise him as to how to protect his intellectual property. He has only applied for one patent that is not yet approved. What else should he do? Describe any essential steps. 3) Prepare a non-disclosure agreement for him to give to the prospective investors to sign. You will want to keep the NDA fairly easy to understand , so limit the document to 3 pages, but all the key points must be covered.

What is the purpose of company policies and procedures and for whom are they developed?When presenting your answer, you must:Provide an example of a policy or procedure at your workplace (if you don't work, you can use an example from a company you select.)Identify how this procedure contributes to the company and which people it impacts.

what is there to learn from chapter 14 Foundations of Business 7 Edition by william m. pride robert j hughes

There are consequences that a company will face when they do not file taxes or are dishonest. Find at least one case where a company did not file taxes or were dishonest. Summarize the case and discuss how the company’s indiscretions will impact business in the future.

Discuss the comment that, business is charged with making a profit within the rules set down by society and go no further.  ie a corporate (or any other organisation) should go no further than meeting the mandatory requirement set down by society otherwise it potentially puts itself at a disadvantage. Hint, think about environmental and employee responsibility as well as responsibility to shareholders, bankers and creditors, as well as future generations.