During the recession, a story in The New York Times entitled "The Bank Around the Corner" focused on the Bank of Cattaraugus, which had only $12 million in assets and served a small town in upstate New York. It recounts the story of Carol Bonner, a 61-year-old retired secretary, who once fell behind in her property taxes and was forced to sell the home where she lived with her disabled sister. "[T]he bank’s president, Patrick J. Cullen, who held the mortgage on the house, had his son Thomas Cullen buy it. Thomas Cullen, who lives in Chicago, never intended to live there. Ms. Bonner and her sister were able to stay as renters." Ms. Bonner was amazed. "I just didn’t realize there were people like that in the world, people who would help you – especially, a banker." In the way he ran his bank, Patrick Cullen appears to have been guided by what ethical decision-making rule?

You are the manager in charge of global operations at bankglobal – a large commercial bank that operates in a number of countries around the world. you must decide whether or not to launch a new advertising campaign in the u.s. market. your accounting department has provided the accompanying statement, which summarizes the financial impact of the advertising campaign on u.s. operations. in addition, you recently received a call from a colleague in charge of foreign operations, and she indicated that her unit would lose $8 million if the u.s. advertising campaign were launched. your goal is to maximize bankglobal’s value. should you launch the new campaign? explain. pre-advertising campaign post-advertising campaign total revenues $18,610,900 $31,980,200 variable cost tv airtime 5,750,350 8,610,400 ad development labor 1,960,580 3,102,450 total variable costs 7,710,930 11,712,850 direct fixed cost depreciation – computer equipment 1,500,000 1,500,000 total direct fixed cost 1,500,000 1,500,000 indirect fixed cost managerial salaries 8,458,100 8,458,100 office supplies 2,003,500 2,003,500 total indirect fixed cost $10,461,600 $10,461,600

Suppose that a monopolistically competitive restaurant is currently serving 260 meals per day (the output where mr

When partners own different portions of the business, the terms should be stated clearly in what document? the articles of incorporation the executive summary the business summary the partnership agreement