Elise and Kim Are Trying to Decide How to Set

question 29

Essay

Elise and Kim are trying to decide how to set up the internal management structure of the corporation they have just incorporated to carry on their engineering consulting business.They each hold 35 percent of the shares,with the remaining 30 percent being held by five employees.Elise will run the business.She will be responsible for all aspects of the management of the office.Kim will be a passive investor,but is nevertheless interested in being kept informed regarding what is going on in the business.Kim and Elise decide that they will both be directors and then delegate all management powers to Elise,subject only to an obligation to report to the board every two months as to what is happening.Will this structure work? Support your answer.

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Definitions:

Spatial Resolution

The ability of a system, such as the visual system or an imaging technology, to distinguish fine details of an object or scene.

fMRI

Functional Magnetic Resonance Imaging, a neuroimaging procedure using MRI technology that measures brain activity by detecting changes associated with blood flow.

Magnetic Signal

Magnetic signal refers to information conveyed through magnetic fields, which can be natural, as in geomagnetic navigation, or artificial, as in magnetic recording devices.

Oxygen-Rich Blood

Blood that has been oxygenated in the lungs and is being transported by the arteries from the heart to the rest of the body to deliver oxygen to tissues and organs.