Management Theory & Business Law

MGT 525 Management Theory & Business Law

Project Part B

Delta State University has assigned the management of the trademarked mascots of the University (the Fighting Okra, the Statesman, and the Lady Statesman) to the College of Business.  You have been retained by the College of Business as a consultant to make recommendations and/or proposals for the mascots of the University.  Your recommendations and/or proposals should be developed as if they will be presented to the Dean and the Chairs of the Divisions in the College of Business, and you should remain mindful that this will be a small business.  After studying the chapters corresponding to each Assignment, complete that Assignment and submit it through Canvas no later than 11:59 pm on the stated due date.  Your submission for this Assignment should not exceed three pages.  Your submission should be developed and written at the graduate school level with any sources properly documented.  After submitting an assignment, you will receive a grade and a critique from your two professors: Mr. Will Wood for the management issues and Dr. Clint Wood for the legal issues.  Your response to the critiques should be incorporated in the final Assignment.  (Parts A-E of this project is worth 50 points each and the final project is worth 200 points.)

NOTE:  All your recommendations, proposals, and submissions become the sole and exclusive property of The College of Business at Delta State University.

A note concerning our custom textbook: chapter numbers are sequential on the Contents page (page iii), but the chapter numbers from the master textbook are used in the text; e.g. Chapter 4 on the Contents page is the same as Chapter 3 starting on page 28 in the text.  Page numbers are sequential at the TOP of each page throughout the text; i.e., disregard chapter and page numbers at the bottom of the page; names of chapters at the bottom are correct.  Concerning Assignments Parts A-E, the chapter numbers on theContents page are used.

Specific Instructions for Part B:

Textbook chapters covered:  (pages 63-94)

Chapter 8 Ethics & Corporate Responsibility

Chapter 9 Contracts

Chapter 10 Debtor & Creditor Relationships: Bankruptcy

Chapter 11 Regulating Business

1. The College of Business enters into a contract with Quality Tee Shirts to manufacture Fighting Okra, Statesmen, and Lady Statesmen tee shirts according to certain specifications.  Quality Tee Shirts produces several before making the entire order, and these several are inspected and approved by the College of Business.  One week before the contracted shipment date, Quality Tee Shirts “requests” an increase in price due to an increase in materials costs outside its control.  What should the College of Business do?

2. College of Business officials confer with you over the above situation, and then you learn that Quality Tee Shirts is teetering on the brink of bankruptcy.  You also learn that it is upheld as a standard of excellence for its observance of all applicable OSHA standards and EEOC requirements.  Now, what do you do?