Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Public Agency hires a new CEO who has developed a consulting business since her last CEO job. The business provides management services and leadership training

Public Agency hires a new CEO who has developed a consulting business since her last CEO job. The business provides management services and leadership training to people in the same "industry" as Agency. During negotiations of the Employment Agreement, Candidate advises that she desires to maintain her consulting business and the Agency agrees to this so long as this business does not distract from her full time commitment to the Agency as its CEO and the consulting business does not perform any services for, nor enter into any contract with, the Agency. These conditions are clearly delineated in the Employment Agreement.

The new CEO calls the Agency attorney to advise that during FY 13-14, she plans to attend two management/leadership trainings that are each 2 days in length with the consulting business paying her $1,000/day and covering her travel and lodging expenses. One event takes place in-state and the other event takes place out-of-state. She will participate in facilitating the trainings at the conferences.

Question

  • What advice should you give her?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Foodservice Management Principles And Practices

Authors: June Payne Palacio, Monica Theis

13th Edition

0133801101, 9780133801101

More Books

Students also viewed these General Management questions

Question

5. It is the needs of the individual that are important.

Answered: 1 week ago

Question

3. It is the commitment you show that is the deciding factor.

Answered: 1 week ago