Marketing Lessons From Donald Trump
The No. 1 Marketing Lesson Donald Trump Is Teaching Us While Running For President
by Ryan McMullen
It sure seems these days that the only way to open a story about Donald Trump is to continue to overuse the phrase “Love him or hate him…” and then move on with your thought. It’s pretty much a given that he is a polarizing figure, so let’s skip the politically correct nonsense and talk about how he is, in real time, illustrating the single greatest marketing lesson everyone should know but few actually put into practice.
More Than You Spend
What Is Profit, And Who Needs It?
How much profit should your business be making? It’s a great question for any business owner.
Let’s first tackle these basic questions:
1. What is “profit” anyway?
2. Who needs to make a profit?
What is profit, and who needs it?
The Business Judgment Rule
A Self-Defense Tactic for Corporate Officers and Directors
Richard D. Worth
As the driving force behind a company's success or failure, corporate officers and directors are bestowed with broad powers under Missouri law. Nonetheless, these individuals owe certain duties and responsibilities to the corporation and its shareholders. For instance, officers and directors owe a fiduciary duty of loyalty, which is governed by the same rules that apply to trustees and agents. Officers and directors breach this duty when they profit by virtue of their position at the expense of the corporation or the rights of the stockholders. An officer or director will not be permitted to retain any secret profits made by him or her in breach, or in disregard, of the fiduciary relation. In addition, Missouri courts have held that the fiduciary duty of loyalty generally imposes an obligation on officers and directors to avoid conflict-of-interest transactions.