Selena Joins Kona's Management Consulting Business

question 69

Essay

Selena joins Kona's management consulting business.They do not indicate whether Selena is Kona's partner,but Selena receives 34 percent of the profits of the business and makes decisions regarding which clients the business should accept.Two years later,Selena leaves the business to start a singing career.Selena claims she owns a portion of the value of the business.Is Selena correct?

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Definitions:

Marketing Environment

The external factors that affect a company's ability to engage and transact with its targeted customers, including social, economic, technological, competitive, and regulatory forces.

World Trade Organization

An international organization that regulates trade rules between nations to ensure trade flows smoothly, predictably, and as freely as possible.

Marrakech Agreement

An agreement that established the World Trade Organization (WTO), aimed at facilitating global trade.

Currency Fluctuations

Variations in the value of a currency in the foreign exchange market, affecting the cost of imports and exports among countries.