benny’s father tim is an inventor and needs help bringing his latest invention to market, so he contacts mary who is a very successful businesswoman and who is always looking for a place to put her money to work for her. mary’s great uncle paul is an inventor also and likes to introduce disruptive ideas into the marketplace, but never asks mary for help.
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benny’s father tim is an inventor and needs help bringing his latest invention to market, so he contacts mary who is a very successful businesswoman and who is always looking for a place to put her money to work for her. mary’s great uncle paul is an inventor also and likes to introduce disruptive ideas into the marketplace, but never asks mary for help.
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- Dawn is a director of the Manello Corporation. Bert, a friend of Dawn's and an inventor, creates a new product. Bert wants Manello to handle the production and marketing of this new product, so Bert discusses his new invention with Dawn. Dawn thinks the new invention will be a huge success, but in order to maximize her personal income, Dawn suggests to Bert that she handle the manufacturing and marketing, leaving Manello out of it completely. Bert agrees. Discuss the propriety of Dawn's actions in this situation. Would the outcome be any different if Dawn were merely a shareholder owning 4 percent of Manello? Please solve and analyze this case. use facts, issue, analysis conclusion. What would be the likely outcome in court.?Fatma has always loved to cook and is interested in starting a catering business. Being aware of the failure rate of new businesses, she is considering buying an existing catering business, Tasty Caterers that is up for sale. The Tasty Caterers claim that the business is highly profitable, but Fatma has her doubts. She wonders why the owners of Tasty Caterers would be so interested in selling the business if it is such a money-maker. Furthermore, the price that they are asking seems high to Fatma. Without any formal training in accounting, Fatma asks a friend, Rawan, for advice. Q) If Fatma decides to purchase Tasty Caterers, what plans do you think she must have in place? Give specific examples of each of the three types of planning with regard to Fatma's business.Fatma has always loved to cook and is interested in starting a catering business. Being aware of the failure rate of new businesses, she is considering buying an existing catering business, Tasty Caterers that is up for sale. The Tasty Caterers claim that the business is highly profitable, but Fatma has her doubts. She wonders why the owners of Tasty Caterers would be so interested in selling the business if it is such a money-maker. Furthermore, the price that they are asking seems high to Fatma. Without any formal training in accounting, Fatma asks a friend, Rawan, for advice. Q) What suggestion do you think Rawan would have given Fatma, so that she can clarify her doubts regarding the financial standing of the company Tasty Caterers?
- Natasha and Saher are living in Kabul as the humanitarian crisis looming in the country and the situation seems to be catastrophic due to a number of factors in the country’s poor economic condition including distorted trade in the country.They’ve decided to start up a small scale business which shall be financially sustainable and help people in the society who are suffering due to lack of food due to distorted trade in the country. After a lot of brainstorming and discussion, they decided to start the flour mill in the capital, which will be led by female and will support the female owned bakery business in the country. The following is the summary of the capital required to start their business an extract from their business plan that includes the NPV, IRR and payback period: Machinery (plant) and its setup cost: $65,000 Space with 10,000 square feet to rent. Their business model is to purchase wheat from the farmer and make…Natasha and Saher are living in Kabul as the humanitarian crisis looming in the country and the situation seems to be catastrophic due to a number of factors in the country’s poor economic condition including distorted trade in the country. They’ve decided to start up a small scale business which shall be financially sustainable and help people in the society who are suffering due to lack of food due to distorted trade in the country. After a lot of brainstorming and discussion, they decided to start the flour mill in the capital, which will be led by female and will support the female owned bakery business in the country. The following is the summary of the capital required to start their business an extract from their business plan that includes the NPV, IRR and payback period: Machinery (plant) and its setup cost: $65,000 Space with 10,000 square feet to rent. Their business model is to purchase wheat from the farmer and make…Ali is considering the decision of whether or not to go and study a Master degree. He is currently working as an accountant in XYZ Company. He is thinking of getting a Master Degree, If he decided to study the Master Degree, he would expect to earn higher salary than his current one. On the other hand, the study of the Master Degree would force him to take unpaid leave from his current job. Furthermore, Ali recently purchased a new car. For Ali, the cost of the car is referred to as Select one: O a. Opportunity cost O b. Sunk cost O C. Differential revenue O d. Opportunity Revenue O e. Differential cost
- Niño is very much interested in buying Jasper’s business, but Jasper is not open to the idea of selling his business. Since Niño is used to getting what he wants, he threatened Jasper that he has connections with the Department of Trade and Industry (DTI) and he can have Jasper’s business closed. Out of fear, Jasper sold his business to Niño. What should Jasper do to get back the business? What should be the basis of his remedy?Patrick works for McGill’s Computer Repair, owned and operated by Frank McGill. As a computer technician, Patrick has grown accustomed to friends and family members asking for assistance with their personal computers. In an effort to increase his income, Patrick started a personal computer repair business that he operates out of his home on a part-time basis, working evenings and weekends. Because Patrick is doing this “on the side” for friends and family, he does not want to charge as much as McGill’s charges its customers. When Frank McGill assigned Patrick the task of developing the budget for his department, Patrick increased the amount budgeted for computer parts. When the budget was approved, Patrick purchased as many parts as the budget allowed, even when they were not needed. He then took the extra parts home to use in his personal business in an effort to keep his costs down and profits up. So far, no one at McGill’s has asked about the parts expense because Patrick has not…WHAT KIND OF BUSINESS IS THIS? After graduating from college, Shelley Williams held several different jobs but found that she did not enjoy working for other people. Finally, she and Yvonne Hargrove, her college roommate, decided to start a business of their own. They rented a small building and opened a florist shop selling cut flowers such as roses and chrysanthemums that they bought from a local greenhouse. Williams and Hargrove agreed orally to share profits and losses equally, although they also decided to take no money from the operation for at least four months. No other arrangements were made, but the business did reasonably well, and after the first four months had passed, each began to draw out $500 in cash every week. At year-end, they took their financial records to a local accountant so that they could get their income tax returns completed. He informed them that they had been operating as a partnership and that they should draw up formal articles of partnership agreement…
- WHAT KIND OF BUSINESS IS THIS? After graduating from college, Shelley Williams held several different jobs but found that she did not enjoy working for other people. Finally, she and Yvonne Hargrove, her college roommate, decided to start a business of their own. They rented a small building and opened a florist shop selling cut flowers such as roses and chrysanthemums that they bought from a local greenhouse. Williams and Hargrove agreed orally to share profits and losses equally, although they also decided to take no money from the operation for at least four months. No other arrangements were made, but the business did reasonably well, and after the first four months had passed, each began to draw out $500 in cash every week. At year-end, they took their financial records to a local accountant so that they could get their income tax returns completed. He informed them that they had been operating as a partnership and that they should draw up formal articles of partnership agreement…Which of the following scenarios illustrates entrepreneurship? a) Harry lives on the beach in an old VW bus. He spends his days surfing, and whenever he needs money, he simply opens his case and plays his guitar beside the boardwalk. b) Tommy works for the Bureau of Land Management but paints house exteriors on the side for extra money. He regularly tells his boss to take a hike because he hates his job. c) Mason is a banker who has been working at the same branch for 30 years. He enjoys swing jazz and World War I documentaries, as well as the security he is afforded by his position. d) Jill holds a BS in business and another in landscape architecture. While she works at a coffee shop to make ends meet, she cannot stop herself from staying up late into the night researching the landscape architecture industry and making a strategy.Ali is currently working as a human resource manager for a company and earns a good salary . He is planning to pursue a Master of Business Administration (MBA ) degree . He recently received an offer from University A, which included the cost of tuition fees. If Ali decided to go for the MBA study , his company would stop paying his salary . At the same time, if Ali completed his MBA degree , he would earn a higher salary than his current one . Furthermore , Ali has recently purchased an apartment in the city and moved in. For Ali , when considering whether or not to go for the MBA study, the cost of the apartment is referred to as: a. Incremental revenue . b. Sunk cost c. of the given answers . d. Incremental cost. e. Opportunity cost .