Question
Ensure that your response answers all parts of the question and is supported by both in-text citations and a reference list. Edgar Bronfman, Jr., dropped
Ensure that your response answers all parts of the question and is supported by both in-text citations and a reference list.
Edgar Bronfman, Jr., dropped out of high school to go to Hollywood and write songs and produce movies. Eventually, he left Hollywood to work in the family business the Bronfmans owned 36 % of Seagram Co., a liquor and beverage conglomerate.
Promoted to president of the company at the age of 32, Bronfman seized a second chance to live his dream. Seagram received 70 % of its earnings from its 24 % ownership of DuPont Co. Bronfman sold this stock at less than market value to purchase (at an inflated price) 80 % of MCA, a movie and music company that had been a financial disaster for its prior owners. Some observers thought Bronfman had gone Hollywood; others thought that he had gone crazy.
After the deal was announced, the price of Seagram shares fell 18 %. Was there anything Seagram shareholders could do to prevent what to them was not a dream but a nightmare? What legal and ethical obligations does he owe Seagram's shareholders? Was Bronfman required to get shareholder approval of the sale of DuPont stock? For the purchase of MCA?
Discussion Post Rubric: Used to Grade Individual Initial Posts for Class and Group Discussion Boards | ||||
Category of Assessment | Performance Level | |||
3 points | 2 points | 1 points | 0 points | |
Knowledge of Topic or Subject | Presents new ideas, reflects critical thinking, and/or shows practical application. | Presents new information, provides opportunity for further analysis, and/or suggests some practical application. | Displays basic knowledge of subject/topic, does not expand ideas or provide new ideas. | Misses the point, repeats information directly from text or another post. |
Research | Provides proper cites, applies concepts from research to support discussion, uses research as a tool not as a replacement for original thinking | Provides cites, but over use of direct quotes rather than supporting original thinking | Lack of cites, improper citing or inappropriate use of research | Lacks research and/or consistency of argument |
Grammar | Readable, good structure, grammar, few spelling errors | Somewhat confusing structure, grammar and spelling detracts from message | Numerous errors of structure and grammar | Cannot make sense of discussion due to grammar or spelling. |
Topical and Original | Meets all assignment criteria and clear evidence of original thought | Only one of the following: Meets all assignment criteria or clear evidence of original thought | Just meets assignment criteria and/or lacks cohesion among ideas | Not original and does not meet assignment criteria |
Timeliness | Posted 24 hours before deadline | Posted 12 hours before deadline | Posted within 12 hours of deadline | Posted more than 24 hours after deadline will not be accepted |
Total = 15 possible points |
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