"Corporation" Essays and Research Papers

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Corporation

Corporation – A separate legal entity that has an existence at law that is separable from those who form it. It is a separate legal entity in the sense that it has an existence at law, but no material existence. * It is separate and distinct from its shareholders * A properly authorized agent may bind the corporation in contract with third parties. * Shareholders possess limited liability for the debts of the corporation, and creditors may look only to the assets of the corporation to...

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the corporation

Reaction Essay: The Corporation The documentary The Corporation, directed by Jennifer Abbott and Mark Achbar and produced in 2004, although bias, opens many doors for discussion in regard to capitalism and the role of corporations in our lives. I found the documentary to be presented professionally, and filled with legitimate facts more so than extreme opinion. The documentary truly outlines the "all-pervasive" role the corporation has taken as the "world's dominant institution". The film opens...

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The Corporation

Business Ethics The Corporation ‘The Corporation’ had a specific aim to portray the problems of not just one corporation, but corporations as a whole, as is evident from the beginning of the film as a multitude of big business logos flashed across the screen. The film proceeded to highlight the issues surrounding: globalization and consumerism, environmental pollution and disregard for the planet, unethical marketing, and dishonest media. Personally, I feel that I’m quite open-minded when it...

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Characteristics of a Corporation

There are many ways a corporation can be classified; however the best way to classify a corporation is by knowing the characteristics that makes a corporation. The unique characteristics of corporations are consist of limited liability of stockholders, free transferability of shares, perpetual existence, and centralized management. In relation to John Marshall who is the chief justice in 1819 defined corporation as an artificial being, invisible, intangible, and existing only in contemplation of...

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Disadvantages of Corporations

on what special rights and restrictions are attached to the shares, and how the profits of the corporation are paid out to the shareholders, there is the possibility of double taxation: the corporation must pay taxes on its profits and the shareholder may be subject to taxation on the profits paid out. This can result in greater taxation than if a corporation was not used for the business. C corporations pay taxes on profits when corporate income is distributed to owners (shareholders) in the form...

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Benefit Corporations

B Corporations Benefit Corporations, also known as B corps, are a new way to do business in a socially responsible way. Curtis Lum’s article, “Legislation would allow for creation of ‘B corps’” published on March 18, 2011 in the Pacific Business News, talks about the ongoing legislative battle to legally recognize B corps in Hawai’i. An additional article from the PBN, published the same day by John Webster, “Social responsibility is beginning to take root,” provides further background to Lum’s...

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Splash Corporation

“Splash Corporation (A): Competing with the Big Brands” Problem: Splash Corporation (Splash) is a leading producer of skin care and hair care products in the Philippines. Founded in 1985, Splash was now the country’s leading domestic producer of personal care products and was billed as “the next Unilever” by BizNews Asia magazine (page 5). However, competing with the top corporations in the world was no easy task, especially when these companies were producing low-cost alternative products. Splash...

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Reengineering the Corporation

Running Head Reengineering the Corporation Reengineering the Corporation In the book “Reengineering the Corporation”, Hammer and Champy create a new frame of managerial relations and organizational bureaucracy. The authors address such important problems as impact of technology on business environment, new labor relations and organizational structures affected a modern corporation. The book consists of 13 chapters and an Epilogue discussing different problems and issue of modern organizational...

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Kami Corporation

KAMI CORPORATION Any type of business always requires effective communication. At any one point there is never over communication and as the case study of Kami Corporation pointed out there is a need for communication and cooperation. Expansion and growth of a business is always a positive. However, there are also many draw backs but with effective management, communication and all the components necessary for prosperity the business will definitely succeed. Kami Corporation is a...

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Corporation and Betty

on this company as being its sole owner. She has several options that she is considering in operating her new business. Some of those options include the following: operating as a franchise, sole proprietorship, partnership of some sort, a corporation of some sort, as an LLC, and even a joint venture. She has come to me asking of my input on what I think about her possible start up of this new company. Betty thought about operating her company as a franchise. According to Merriam Webster...

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