Jalenos Owned Voting Stock in Altech,Inc

question 28

Essay

Jalenos owned voting stock in Altech,Inc.He submitted a 700-word shareholder proposal to management one week before the next shareholders' meeting.The proposal called for the firing of Carter,who was the president of Altech.Management rejected Jalenos' proposal.Point out the problems with Jalenos' proposal.

---

Definitions:

Beneficial Activities

Activities that produce positive outcomes for individuals or communities, including economic, social, or environmental benefits.

Own and Sell

The legal rights and ability to possess and then transfer the ownership of goods or assets.

Purchasers of Resources

Individuals or entities that buy or acquire resources for the purpose of production of goods and services.

Marginal Analysis

An examination of the additional benefits of an activity compared to the additional costs incurred by that same activity, emphasizing decisions at the margin.