Consumer Perspective on Multinational Corporation Order Instructions: Please read below for information concerning assignment. Support responses with examples and use APA formatting in the paper.

Please note that when you log into the website you must click launch class, and on the next screen click syllabus to view this week’s readings (week 1) and Academic Resources to access the school’s library.
The discussion assignment provides a forum for discussing relevant topics for this week based on the course competencies covered. To support your work, use the textbook, lectures and scholarly outside sources. As in all assignments, cite your sources in your work and provide references for the citations in APA format. Post the answers to both parts in one discussion post and do not attach documents.

The discussion assignment consists of two parts. Select one of the two questions for Part 1 and answer Part 2. By Wednesday, October 5, 2016.

Consumer Perspective on Multinational Corporation Scenario 1

Charlie and Lucy are partners in a book shipping company. Charlie dies. Charlie’s widow calls Lucy and says, “As Charlie’s heir, I am entitled to take Charlie’s place as your partner.” Lucy states, “No, you are not.” The widow states, “ok, then as Charlie’s heir, I am entitled to all of the books in the warehouse.” Lucy states, “No, you are not. All you are entitled to be the value of Charlie’s interest in the partnership property.

Who is correct, Lucy or the widow? Support your answer with material from the readings and/or the applicable law.

Discussion Question Part II
Create a new business that you would like to operate. Would you select an LLC, an LLP, or a corporation to form your company? Provide a detailed explanation as to why that entity would be appropriate for you. Support your choice with the applicable law and/or text materials. Search for information related to doing business in your state (Alabama) and provide the requirements for the option you selected, as applicable.

Writer, please note that this assignment must containment information that is within the assigned reading.

Consumer Perspective on Multinational Corporation Sample Answer

BUSINESS

Part 1:

According to the conversation between Lucy and Charles widow, the former is right. As a good partner, Lucy is not supposed to misinterpret the fact that relates to her duty. Despite being obedient to the agreements laid between her and Charles, she should not sympathize with the former’s widow to the extent of doing her more favors such as entitling her to all books. Legally, partners are restricted to four rights; books inspection, profit, and capital share, and the right to management of affairs within the film (Parthemer, 2015). Lucy’s decision is also in line with legal and ethical issues such as integrity and trust. She has responded to this issue amicably by demonstrating honesty. Lucy indicated the rightful right that should be titled to the widow. She has also addressed a decision-making issue; she got the facts regarding the widow’s entitlement.

Part 2:

I would create a bakery business that prepares and supplies fresh bread and cakes to the Alabama market. The corporation would be selected to form the company. Besides having unlimited liabilities unlike LLC and LLP, corporations are certified by the law. Furthermore, the formation of a partnership is easy and affordable. Generally, corporations can be created by one, two or more people (Asmussen and Foss, 2014). The corporation is also the best entity for my business due to its other outstanding qualities. As the firm’s owner, I would experience limited liability for the enterprise and its debts. Corporations also allow a firm to pool the resources of various investors, promoting the growth of the firm (Chekwa, Martin and Wells, 2015). It also elongates the firm’s life. For example, upon the death of any shareholder, the ownership can be transferred through the sale.

Consumer Perspective on Multinational Corporation References

Asmussen, C. G., & Foss, N. J. (2014). Competitive Advantage and the Existence of the Multinational Corporation: Earlier Research and the Role of Frictions. Global Strategy Journal, 4(1), 49-54. doi:10.1111/j.2042-5805.2013.01068.x

Chekwa, E., Martin, J., & Wells, K. (2015). Riding on the waves of sustained competitive advantage: Consumers’ perspectives on Walmart Corporation. International Journal of the

 Academic Business World, 9(1), 61-73.

Parthemer, M. R. (2015). Family Limited Partnerships, Limited Liability Corporations, and Section 2704 Regulations–Watch Out for This Potential Blockbuster! Journal of Financial Service Professionals, 69(6), 27-29.