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Business Organization

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$15.99

BGP Technologies is a fictitious biotech company that provides pharmaceutical consulting, custom drug manufacturing, and a line of consumer medical devices and generic drugs to customers worldwide. It has consulting offices in most of the major cities in the world, including New York, Los Angeles, London, Paris, Rome, Shanghai, and Mumbai, with manufacturing plants in the United States, China, and Mexico. Recently, the worldwide financial slump has put the company in a difficult position. Before the downturn, the company could absorb the litigation costs associated with its operations as part of the normal cost of doing business; now it can no longer afford to do so. BGP Technologies wants to implement whatever actions it can to avoid or at least minimize some of the legal pitfalls facing it in its worldwide operations. This is the topic of your final project—a companywide legal risk avoidance plan.  Answer the following questions: • Are some forms of business entities more suited to certain types of business operations? Why? • What can companies do to minimize the legal problems involving ownership rights (shareholdersÂ’ right for a corporation, membersÂ’ rights for an LLC, and partnership rights for a partnership)? • What is the best business entity for BGP Technologies and what can they do to minimize the risks related to that business type?  Prepare a risk avoidance report on these questions. The paper should be approximately 1,250 words in length. Business Management Assignment Help, Business Management Homework help, Business Management Study Help, Business Management Course Help

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Business Organization

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