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Background and OverviewQuestion:Discuss about the Company Law ASIC v Plymin Elliott & Harrison.The case of ASIC v Plymin, Elliott & Harrison [2003] VSC 123 is considered as amongst the leading cases in the matter of breach of directors’ duties as a result of undertaking insolvent trading (Allens, 2017a). Such cases act as a guide to the corporations and the directors, along with officers of the company, to not indulge in such activ...
Overview of the Corporations Act 2001 (Cth) and duties of officers and directorsQuestion:Discuss about the Business & Corporations Law Vines v ASIC.The officers and directors in the companies across the globe have been provided the duty through the legislations to work in the best interest of the company, along with a number of other duties. In the same manner, in Australia, the Corporations Act 2001 (Cth) enforces various duties on the dire...
An Overall view of the Gross ProfitDiscuss about the Foodmart Supermarkets Business Analysis Report. This report aimed at determining the minimum, maximum, and the average gross profit for the 150 sampled supermarkets. The report also aimed at determining the level of gross profit made based on different variables such as, number of competitors, hours of trading, location of the store (mall, strip, or country), wages paid among other va...
Background of ASIC v. Adler (2002) CaseDiscuss about the Australian Securities and Investments Commission versus Adler. Boards have a fundamental duty to make sure they have sustainable developments in company estimations. They do this by giving planned guidance and supervision concerning their resolutions in management, as well as choosing and replacing the management staff when needed (Adams, 2011, p.40). The boards can only achieve s...
Breach Of Directors DutyDiscuss about the Australian Securities and Investment Commission Law. In the case of ASIC v Sydney Investment House Equities Pty Ltd [2008] NSWSC 1224 (21 November 2008) Australian Securities and Investment Commission is the plaintiff and Mr. Goulding is the 3rd out of the 9 defendants. In this case, the plaintiff had made a claim against the defendant that he had committed various infringements of the provision...
Introduction to Theory X and YDiscuss about the Theory X and Y for Douglas McGregor. Theory X and Theory Y were initially presented in the early work of Douglas McGregor. McGregor's work had a huge effect on administrative thought. It showed up when the behavioral sciences were assuming an expanding part in how managers considered their work. It was a period portrayed by the work of Maslow, Likert, Argyris, and Herzberg, among others...
Fundamental of CVP analysisQuestion:Outline the differences between financial reporting and managerial accounting information and explain the benefits and potential problems associated with cost–volume–profit (CVP) analysis. How might the technique that you have discussed assist your friend in the effective management of his business' resources? What advice would you give him? Cost Volume Profit Analysis is an analysis of ...
Basic Concepts of Genetic InheritanceDiscuss about the Case Study of Genetic Inheritance for Managing Host Genes. The Gene is the basic functional and physical unit of heredity. Genes are composed of DNA which acts as an instruction in the production process of different proteins. The human gene varies in size it can be composed of a few hundred DNA bases or it can be made up of more than two million DNA bases. It has been estimated in th...
Importance of process design on the productDescribe about the Software Product using Fuzzy Quality Function Deployment. Apple being a pioneer in computer and Smartphone technology has an opportunity in front of it in the wearable devices area. To complete the iOS ecosystem, wearable devices needs to be introduced in the existing portfolio of Apple where the device will bridge the gap between the lifestyle of the users and the analytical s...
The Paradox of Affluence: Wealth Cannot Buy HappinessDescribe about the Report for Paradox of Affluence ? The paradox of affluence is the manifestation of the saying that wealth cannot buy happiness. Still people continue to believe otherwise trying to get famous and rich. Often they tend to spend on things they generally do not need. Responsibility is the first step to happiness. The present economic problems of the United States are mai...
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