How might a board of directors be of value to management in a small corporation? What personal qualities and business qualifications are most important for a director?
Answer to relevant QuestionsWhat may account for the failure of most small companies to use boards of directors as more than rubber stamps? What impact is this likely to have on the business?What are the key attributes of a good business location? Which of these would probably be most important for a retail location? Why?Define and describe B2B, B2C, and C2C businesses. What is the major thrust of each of these three models? What determines a company’s profitability?1. Compute he financial ratios discussed in the chapter for Wholesome Foods for 2012 and 2013.2. Prepare a cash flow statement for the firm for 2012 and 2013.
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