The primary advantage of a corporate form of business is that a corporation is a stand-alone entity‚ which means you are not personally liable for the assets and debts of the business. Incorporating protects your personal assets from lawsuits‚ debt collection and other business issues that can arise. The stand-alone entity also separates tax liabilities‚ which is another advantage. This means that the corporation’s taxes are separate from your personal tax liabilities. As a business
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You are required to prepare an investigative report on a recent corporate scandal that involved improper accounting practices or any form of financial scandal. Your report must include the following: an overview of the corporation a description of the scandal methodology - explaining the specific accounting impropriety that the company used. an explanation of how the firm managed to hide their accounting improprieties a discussion of who the scandal effected - both inside‚ and outside
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A 24-year-old male presents to the trauma bay of an emergency department after being struck as a pedestrian by a car. Upon arrival‚ his Glasgow consciousness scale (GCS) is 15 and the patient is hemodynamically stable. Examination reveals left lower leg deformity with a 1 cm overlying skin wound. There is some fat visible in the wound‚ but no bone or gross contamination is identified. There is slow‚ but steady‚ dark blood oozing from the wound. Radiographs obtained in the trauma bay are shown below
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In Louis Uchitelle’s book‚ The Disposable American‚ he explores the decline of job security and the concept of “lifetime employment” in the United States as well as the underlying shift in government involvement and public perception that accelerated mass layoffs of workers and precipitated the notion that workers must solely bare the full financial and emotional burden of their discharge rather than businesses or society. Chapter 6 and the discussion on government legislation in the late twentieth
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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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Drypers Corporation National Television Advertising Campaign 1. Problem definition What are the questions to be decided? Drypers Corporation’s senior executives were discussing about spending 10 million dollars which will increase 33% in the company’s combined advertising and promotion budget on national television advertising in 1998. What are the objectives/goals? 1) Increase penetration of grocery outlets 2) Increase grocery penetration will help increase mass merchants see us in
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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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liability of the shareholders. However‚ under certain circumstances the corporate entity may be disregarded. This is also known as piercing the corporate veil and is the most frequent method for holding the shareholders liable for the acts of a corporation. Corporate officers‚ directors and controlling shareholders have a general fiduciary duty of loyalty and care which should govern all their corporate conduct. Unless they breach that duty by gross negligence or acts in bad faith‚ they usually will
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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 comes
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Era of the Disposable Worker Today we find ourselves in a world of turmoil where employment is concerned. Many people find themselves forced to take part time positions at multiple establishments to “make ends meet”. In years past‚ loyalty and respect led the decisions of organizations and corporations. Today stock prices‚ profits and competition are the main consideration when managers and leaders make changes within a company. Is this the best way to guide the decision making
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