Question
After over 60 years of business, fictional Warner Brothers firm, AcmeCorporation closed its operations December 31, 2019. Acme's CEO, Mr. Road Runner, cited a sudden
After over 60 years of business, fictional Warner Brothers firm, AcmeCorporation closed its operations December 31, 2019.
Acme's CEO, Mr. Road Runner, cited a sudden drop in sales following the disappearance -- and presumed passing -- of the business' key customer, Mr. Wile E. Coyote.
The Estate of the Late Wile E. Coyote filed a launched a wrongful death claim in Superior Courtagainst Acme Corporation and its CEO, Mr. Road Runner.
According to court documents, Mr. Coyote was last seen riding atop an Acme Rocket Powered Car before it crashed into Hard Rock Mountain. Mr. Runner explained to Supreme Court judges that had Mr. Coyote been properly seated and seat-belted inside the Acme Rocket Powered Car, he would likely have survived the crash.
Legal counsel for Acme Corporation andMr. Runner, Ms. Jessica Rabbit, noted that the unfortunate accident was not the first time that Mr. Coyote had suffered mishap while improperly using Acme's products. Ms. Rabbitreminded Supreme Court Justices that previous lawsuitsbrought before the court in which Mr. Runner had claimed negligence against Acme Corporation were all dismissed. These included Wile E. Coyote v. Acme Corporation (Acme Anvil,docket #12345678), Wile E. Coyote v. Acme Corporation (Acme Exploding Tennis Balls, docket # 24681012),Wile E. Coyote v. Acme Corporation (Acme DynamiteBird Seed, docket # 36912156), and, Wile E. Coyote v. Acme Corporation (Acme Giant Rubber Band, docket #48121620).
Given Mr. Coyote's past and consistent record of improper use of Acme Corporation's products, the Supreme Court Justices voted unanimouslyto immediate dismiss and vacate claims filed by the Estate of Wily E. Coyote against Acme Corporation and Mr. Road Runner.
Which statement explains why Acme was forced to close its business?
a. | Management burnout (too many tasks:sales,product development,operations,finance,HRM,etc.) | |
b. | Failure to meet customer demand (e.g.,limited product innovations) | |
c. | Poor controls on management expenses (e.g.,risk management resulting inhigh legal fees) | |
d. | Overreliance on a few key customers |
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