Report Case Study Example | Topics and Well Written Essays - 750 words

Report - Case Study Example Business intelligence is a tool that combines all equipment needed by decision makers to come up with intelligent managerial decisions. This tool enables proper monitoring of important business information which includes market trends, competitor monitoring and ensuring proper firm strategies. House Depot needs to mend its business information and data acquiring methods in order to improve their business performance. House Depot needs to connect its various warehouses to ensure a network system enabling sharing of inventory information. The network to be setup depends on the proximity of the warehouses to one another (EC-Council 60). In this case that warehouses are not in close proximity to enable a LAN connection. WAN network connection is the best to use in House Depot scenario. The WAN network established should be secured using the VPN protocols. Using virtual private network will ensure security in the network (EC-Council 54). Bus topology should be used to connect the computers in the warehouses to enable a domesticated LAN network. Research is meant to find out different entities in the market. If House Depot were to find a freeware in the course of their research they cannot claim ownership of it. Claiming ownership would be a form of embezzlement or grabbing personalized software. Furthermore, there is very little chance of discovering functional software that is not patented. In order to boost their technological systems if House Depot was to invent its own operational software it should be within the bounds of the law to avoid any claim of plagiarism. Acquiring information from the original software developer about the bounds of their patent will enable a healthy development with the original developers. The software characteristics can also be merged and merger terms set for all software presidents. Patenting of the software developed by House

Forms of Business Organizations and Int'l Law Essay

Forms of Business Organizations and Int'l Law - Essay Example Further, the death of either of the partners is enough reason to cause dissolution of the partnership regardless of whether the remaining partners resolve to continue or not. The fact that Raylan and Boyd had agreed orally to set up a partnership and share profits and expenses equally does not amount to an agreement in law because in absence of a written document containing provisions and guidelines about the partnership, the courts will apply the state law on partnerships (Bagley and Savage, 2010 chapter 20). (b)Party to be sued by Sassy Sauces if Justified BBQ refuses to pay at the time Raylan and Boyd are winding down the business The partnership will be the one to be sued by Sassy Sauces and bears full liability to pay for the supply of the BBQ sauce. A partnership is created expressly or implied by two or more people with a common understanding about capital input, sharing of profits and losses, efforts and labor as well as skills. Even with the implied agreement, decisions on t hird party transactions made by some partners without consent from the rest are binding on the partnership and not on the individual partners involved. In this case, Boyd entered into a third party transaction for the supply of BBQ sauce without the knowledge of Raylan. In spite of the contract price being overstated, the transaction was binding to the partnership and is viewed in the eyes of the law as though it was a consequence of a shared decision. Partners owe each other duty of care in regards to entering into irresponsible business transactions as Boyd did in order to get the attention of the receptionist in Sassy Sauces and they should hold in trust the property and profits of the partnership business. These fiduciary duties towards each other continue until the business is wound up completely (Bagley and Savage, 2010 chapter 20). (c)Responsibility for payment for the BBQ sauce if Justified BBQ was a corporation and went bankrupt The corporation would be the one to pay for t he BBQ sauce. In law, a corporation is a legal entity different from its owners and the liability of the shareholders is limited to the amount of investment in the corporation therefore the corporation carries the responsibility arising from actions of the shareholders and/or directors although the veil of incorporation may be pierced to determine the real owners and hold them personally liable. In the worst case scenario, Boyd as a shareholder would lose the amount of capital investment equivalent to the payment required by Sassy Sauces. Because ‘Justified BBQ’ has two owners only then it would most probably be a close or closely held corporation. If it as a close corporation in which case shareholders have an option in written agreement to run the day to day operations and not appoint directors, the actions of a shareholder (like Boyd in this case) would translate to personal liability because the veil of incorporation would ordinarily be lifted or pierced to establis h who are the real owners of the corporation involved in swindling the corporation of its resources and apportion the loss accordingly. In the case of a closely held corporation which is identifiable with lack of a market for its stock, greater responsibility is placed on the majority shareholders and the directors, in this case Ralyan. Boyd will still be held accountable for his actions because Ralyan did not a