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Wednesday, November 28, 2012

Sports Products, Inc.

A.The briny goal of every comp whatever, including Sports Products, Inc. (SPI) is to maximize profits for shareholders. It sounds scant(p) enough, but there are a plethora of factors and issues that moldiness be predicted, analyzed, and succeedd properly to give a company a chance to turn a profit. SPI must better manage their affairs in order of battle to pay the stock holders their dividends. If they cannot do this, then either the menu of Directors will make earthshaking changes to upper berth management, or even worse, sell the company and put on their money from the sale. The stockholders are the real owners of SPI, and the Board is made up of the people who own the most shares. They are the ones taking the biggest attempt and they expect the most to lose. So its very definitive that employees of SPI find a way to make a profit, so they can keep their Board and shareholders happy. I think the Board should replace the CEO and other top managers, because whos ever running this company now is not doing whats scoop up for the company, the Board, and the shareholders. B.SPI is a prime example of an agency problem. This is because SPIs upper management isnt trying to reach what should be the main objective of every company, and that is maximizing the profits for the shareholders.
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These managers seem to have a different, personal agenda, and in turn are nuisance the company. The managers at SPI are only benefiting themselves, and not showing any concern for the real owners of SPI, the shareholders. There is something very wrong with a company if it hasnt paid its shareholders dividends in over 20 years. I blame the Board for not making a change sooner, and allowing this debacle of a company to continue for so long. C.Pollution is a huge issue now-a-days, and environmental conservation is a major priority in this county. SPIs protocol for defilement control (if there even is any) is highly unethical and wrong. arduous to save a few bucks to please the stockholders, at the write down of our environment is... If you want to get a full essay, order it on our website: Ordercustompaper.com

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