Lucky Prawn Farm

Essay specific features

 

Issue:

Business

 

Written by:

Shirley M

 

Date added:

May 24, 2016

 

Level:

University

 

Grade:

A

 

No of pages / words:

2 / 505

 

Was viewed:

8184 times

 

Rating of current essay:

 
Essay content:

Consequently, no rate of return was discussed for the initial investment, and a minimum profit/maximum loss threshold was not set to signal when to shut down. Day-to-day business control resided entirely on the Operations Manager (Torres) whose services were initially valued at P25,000, the same amount each of the three capitalists invested...
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While it was not discussed whether this contribution arrangement would have held perpetually through all financing needs, it should have been reasonable to expect Torres to contribute actual cash in succeeding funding requirements. Moreover, management accountability on the part of Torres to the three capitalists was not discussed...
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