First class, Monday August 18, 2003
- Welcome to Bus Org!
For the first day, please -
read the Syllabus
review the course outline - Materia
(this contains links to daily outlines, with a list of topics,
problems and supplemental readings / the daily outlines also
link to daily class notes) read the first casebook assignment (Bauman,
Weiss & Palmiter, pages 1-12)
read the outline
for first class (see if you can figure out the essential seven
elements of the corporate contract using the table of contents of the
Model
Business Corporation Act)
Oh, yes, why Warren Buffett and Bill Gates - and the insipid spinning
$20 bill? This is a course about the building block of modern
capitalism, the private business organization. The best-known
examplar is the corporation, which brings together specialized labor
and dispersed capital in a for-profit association.
Consider this question. Back when Bill Gates started
Microsoft and was looking for start-up money, and when Warren Buffett started
Bershire Hathaway and was looking for value investments, what terms would
the contract between financier Warren Buffett and entrepreneur Bill Gates
have included? What are the essential elements of every business
organization?
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