subject
Business, 08.05.2021 02:40 homeschool0123

Distanet Corporation, an Ohio corporation, is a competitor of Telenex Corporation in the smart phone market. After examining past and future price and sales data, and after consulting an accountant and an economist, the board of directors of Distanet voted to reduce the price of the company's line of phones, believing that by reducing the price of their product the corporation would be able to compete more successfully with Telenex. The plan was put into operation but did not prove effective. In fact, Distanet lost a significant amount of money as a result of implementing the plan and its share of the smart phone market became miniscule. Aileen, a shareholder of Distanet, made a demand that the corporation sue the directors, seeking to hold them liable for the failure of the plan to improve Distanet's position in the smart phone market and for the losses experienced by the corporation as a result. The board rejected the demand and Aileen organized other shareholders to file a derivative suit. Will she succeed in her suit

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 13:40
Horace society is planning its annual western fair raceway gala. the gala committee has assembled the following expected costs for the event: dinner (per person) $10 gaming token and program (per person) $2 prize payouts $4,300 tickets and advertising $800 private box suite rental $1,700 lottery licenses $200 the committee members would like to charge $40 per person for the evening’s activities.required: 1. what is the break-even point for the dinner-dance (in terms of the number of persons who must attend)? 2. assume that last year only 200 persons attended the dinner-dance. if the same number attend this year, what price per ticket must be charged in order to break even? 3. refer to the original data ($40 ticket price per person). prepare a cvp graph for the dinner- dance from zero tickets up to 600 tickets sold.
Answers: 2
question
Business, 22.06.2019 14:30
The face of a company is often that of the lowest paid employees who meet the customers. select one: true false
Answers: 1
question
Business, 22.06.2019 22:00
He interest rate effect is the change in real gdp caused by the federal reserve adjusting target interest rates. is the change in consumer and investment spending due to changes in interest rates resulting from changes in the aggregate price level. is the change in exports and imports, resulting from changes in the interest rate caused by changes in the aggregate price level. is the change in investment spending and government purchases caused by changes in money demand. is the change in interest rates, caused by changes to government purchases.
Answers: 2
question
Business, 22.06.2019 22:40
The uptowner just paid an annual dividend of $4.12. the company has a policy of increasing the dividend by 2.5 percent annually. you would like to purchase shares of stock in this firm but realize that you will not have the funds to do so for another four years. if you require a rate of return of 16.7 percent, how much will you be willing to pay per share when you can afford to make this investment?
Answers: 2
You know the right answer?
Distanet Corporation, an Ohio corporation, is a competitor of Telenex Corporation in the smart phone...
Questions
question
Mathematics, 08.01.2021 21:50
question
Mathematics, 08.01.2021 21:50
question
Mathematics, 08.01.2021 21:50
Questions on the website: 13722359