FIN 650 Grand Canyon Week 1 Complete Work
FIN 650 Grand Canyon Week 1 Discussion 1
Respond to the questions posed in the Mini Case at the end of chapter 1 of the textbook by drafting an e-mail to Michelle DellaTorre in which you respond to the questions. Post your e-mail as a reply to this discussion thread. As follow up discussion, respond to two e-mails drafted by your classmates asking any questions you may have or for clarification of their explanations.
FIN 650 Grand Canyon Week 1 Discussion 2
This discussion thread will be used to discuss the practice problems completed in this module. After completing the problems, submit your answers to the instructor. Your instructor will specify which problems will be reviewed for discussion. Post your answers to the posted problem to this discussion thread and discuss any challenges you had with completing the problems, tips that helped you arrive at the correct answers, and/or questions you may still have.
FIN 650 Grand Canyon Week 1 Benchmark Case study
Over the past few years, the number of start-up companies attracted to either doing business themselves in the cloud, or specifically creating applications for others to use in the cloud, has grown significantly. A few but very promising enterprises have launched applications in “container” technology, which enables companies, programmers, or other enterprises to both launch and run applications solely in the cloud.
There is still a lot of room in this emerging marketplace, and you are diving in. The product you’ve developed has a unique angle to tap into the local-grown/local-made/local-paid movement that’s also growing larger every day. Your initial market is your own small city, which operates independently but which is linked economically and via public FIN 650 Week 1 safety provision to another small city sitting directly across a river separating the two. Once you’ve been able to launch your company in your city, you plan to approach the “sister city” leaders, then the county, state, and eventually go national. It’s too soon now, but your future plans entail an IPO offering to accomplish all this. Eventually, you hope to be able to re-imagine your product to go global. You have big plans, are close to being tapped out financially and you now need to plan for additional investors.
Address the following considerations as they apply to your product launch.
1. Describe an agency relationship and how it may/will take shape for your small company. As the sole employee and investor in your startup, what agency click here conflicts might arise?
2. Six months have transpired, and you’ve been able to add two employees. In this new arrangement, what agency disputes might now develop that need to be addressed, and how might you address them? What resources do you need FIN650GCU to use or consider?
3. Another three months have passed. You are now ready to expand to your sister city and you need more capital. You decide the wisest path is to sell some stock to outside investors, but you will maintain control over your company by holding onto the majority of the stock. In this new scenario, what type of agency conflict might occur? How can you address this in advance?
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