these options that Jeb and Josh have, I would recommend that Arcadia Sports create their business as either a Partnership or a Limited Liability Company. A Limited Liability Partnership would be the best option because they will have one general partner - Josh who manages the business, and one limited partner - Jeb who is the financial backbone of the company and just an investor in the business. However, if Arcadia Sports were to be a limited liability partnership, Jeb is not personally liable…
Information about Coca – Cola company : History: The Coca-Cola Company is an American ancient multinational beverage business organization and manufacturer, retailer, and marketer of nonalcoholic drinks concentrates and syrups (wikipedia.org, n.d). Coca Cola was invented in May 1886, by Doctor John Pemberton a pharmacist from Atlanta, Georgia. John Pemberton discovered the Coca Cola formula in a three legged brass kettle in his backyard. Frank Robinson is the one who recommended the name…
Ford Company The Ford Motor Company is an American company that was founded in 1903. The manufacture automobiles, trucks and offer different services around the world. They also have another brand of car that is called Lincoln brand names. Their services came from parts until maintenance in the different dealerships around the country, Ford headquartered is located in Dearborn, MI. They employ approximately 201,000 persons and have in operation sixty two plants around the globe. In 2016…
Limited liability companies (LLCs) offer business owners several advantages over sole proprietorships, partnerships and in some cases S and C corporations. Business operators who take advantage of LLC business formation can realize significant financial benefits and can also use living trusts to facilitate exchanging limited liability company ownership more easily relative to using a will. LLCs offer the asset protection enjoyed by corporate entities, are less expense to maintain and require…
The company will have many kinds of stakeholder which include internal and external stakeholders. The stakeholders are people who interest or stake in an organization and their opinion can affect the organization. The main stakeholders incorporate shareholders, creditors, employees and the community. There are advantage and disadvantage for stakeholder when dealing with or using a limited liability company (LLC) structure for small businesses in New Zealand. In a limited liability company,…
organizations who owned millions of acres of land. One company which owned large amounts of Canada was the Hudson Bay Company. The Hudson Bay company was able to greatly impact early North America because of its long history, tireless workers, and economic power. Due to the fact that the Hudson Bay Company has been around for such a long time, it has been able to have a constant say in major events in North America. The Hudson Bay company…
A limited liability company is a hybrid business organization that takes the limited liability aspects of a corporation and merges them with the tax benefits and operational flexibility associated with a partnership. The Commonwealth of Virginia defines a Limited Liability Company or LLC as an entity that is an unincorporated association having two or more members that is organized and existing under the Virginia Limited Liability Act. § 13.1-1002. In the Commonwealth, the first step in…
The Mountain Man Beer Company has defined it’s self by the unique position in which it only has one type of beer to sell. Mountain Man Lager is known as “West Virginia’s beer”, and has fostered the reputation as a legacy beer. It has won numerous awards over the years, including the reward for best beer in West Virginia over the past eight. As many companies have adopted other varieties of drinks into their product mix, MM has maintained it’s one and only Lager and has successfully done so for…
Coca-Cola and Its Operations in Australia: First producing its namesake soda in 1886, the Coca-Cola company is the largest beverage company in the world today. An average of 1.9 billion servings of their beverages are consumed in more than 200 countries every day (Coca-Cola Company, n.d.). The Coca-Cola Company is a “global business that operates on a local scale.” In their countries of operations, they often grant franchises to bottling partners who finalize production, package, and distribute…
Soup Company (Campbell), based in Camden, NJ utilizing the strategic management model. The purpose of the analysis is to examine the most recent activities of this publicly-traded company (NYSE: CPB), spanning the last 3 to 5-year period to determine the key strategic management issues facing the company, identify the company’s primary management level challenges and/or opportunities and to offer recommendations to address those challenges at both the corporate and business levels. COMPANY…