The three entrepreneurs were able to pool their collective knowledge. Partnership agreements can ensure that risk is shared by all individuals with a stake in the enterprise: however, unless the partners are in agreement about the direction of the business, it can cause divisiveness and divert attention away from crucial aspects of organizing the business. Williams chose his partners carefully, and his decision seems to have proven successful. Even with the pooled resources of his partners, the company was underfinanced during its early years of expansion, although its struggles actually worked in the company's favor in the long run: using women from churches to market the product (in exchange for donations) associated the food with positive religious influences in the black community, and the extra time enabled Williams to find farmers that would act as an affordable source of fresh produce. Williams was determined to be loyal to his partners, and never accepted offers of venture capitalists, which would have diluted his equity portions and those of the co-founders. Although...
Research the topic of succession planning.
Organized Crime and Its Link to Money Laundering in Contemporary Society Organized crime is a very real facet of society (Bartlett, 2002; Cressey & Finckenauer, 2008). Those who are not involved with it in some way may not notice it, which could lead them to underestimate the seriousness of the problem. However, it is of deep concern to police, the government, and others who are exposed to it and the trouble
Defense Cuts Implications of DoD Force Reduction Plan Defense budget spending: The inevitable need for reductions Cuts in the defense budget are inevitable for the Department of Defense and it must accept this fact. Given the burgeoning deficit, reductions in tax revenue, and increased need for social services (such as unemployment assistance and entitlement programs), the Department of Defense must find ways to do 'more with less.' Granted, this will be challenging,
Constitutional Amendments Effective strategies after the 13th and 14th amendments The 13th amendment to the constitution was widely welcome by many Americans and the world at large as it gave the surety of freedom from slavery in the legal standing of it. The most famous and important section of the Declaration of Independence read that "We hold these truths to be self-evident, that all men are created equal, that they are endowed
National Security Implications of Transnational Organized Crime The paper deals with three important aspects, one the National Security, second the crime -- organized in many ways, and the third rogue nations that pose a threat. National security is to be understood in multiple contexts. Firstly the physical security of the nation from alien threats, and intrusions, secondly damages to vital infrastructure and thirdly anti-national activities by organizations that may lead to
Organization Behavior The Economic Implication of Ghana's Oil Discovery Ghana's Oil Discovery The Economic Implication of Ghana's Oil Discovery: the Case Study of Takoradi Community This paper presents a research proposal which have been prepared for the future research on the economic implications of oil discovery in Ghana. It starts with a brief introduction to the whole case scenario by introducing Ghana and its recent oil discovery and proceeds by explaining the research questions
Ashley, Assistant Director, Criminal Investigative Division of the FBI relates that in 1991: "...the U.S. Attorney's office in Los Angeles charged 13 defendants in a $1 billion false medical billing scheme that was headed by two Russian emigre brothers. On September 20, 1994, the alleged ringleader was sentenced to 21 years in prison for fraud, conspiracy, racketeering, and money laundering. He was also ordered to forfeit $50 million in
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