representatives from cooperatives in Alabama decide to come together and start an organization. The organization was all about building it own generating facilities and selling electricity to their cooperatives. First known as Alabama Electric Cooperative‚ better known as AEC. They change their name to Powersouth on January 1‚ 2001‚ to better reflect themselves. They generate power then distribute to their fellow cooperatives. Powersouth is a generating and transmission cooperative‚ which is shortened
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08 Fall An Overview on Cooperatives within the United States Colleen Laverty‚ Christian Munoz‚ Shiyao Xie An Overview on Cooperatives within the United States Colleen Laverty‚ Christian Munoz‚ Shiyao Xie Table of Contents Introduction 4 What is a Cooperative 4 Cooperative Principles 4 Self-Identification 5 Incorporation status 5 Tax-filing status 6 Ownership considerations 7 Financial Management 7 Startup costs 7 How cooperatives are financed? 7 The Seven
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BUSINESS Literally‚ the word “business” means the state of being busy. Generally‚ the term business includes all human activities concerned with earning money. In other words‚ business is an activity in which various persons regularly produce or exchange goods and services for mutual gain or profit. The goods and services produced or purchased for personal use are not included in “business”. Business is an economic activity‚ which is related with continuous and regular production and distribution
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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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Meredith Corporation Video Case Study #1 About Meredith Corporation Meredith Corporation is a marketing company that deals with many well known brands‚ including magazines such as Better Homes and Gardens‚ Family Circle and Ladies Home Journal. Their publications reach about 30 million readers in 8 out of 10 homes. They serve the media as well‚ with brands on television and other markets. Meredith Corporation is popular in marketing items that serve the home and family‚ health and wellness
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1. Problems facing receiving plant No. 1 (RP1) The problems that The National Cranberry Cooperative is facing with are described in the table below. Mostly they are related to the problem of capacity. Problem | Implications | Presence of bottlenecks in the stages of drying and separating of berries. | Excessive overtime costs. | | Overcapacities in other stages of processing of berries. | 2. Process Flow Diagram From 8-10 min to few hours 400*3= 1200 bbls/h 1500*3 = 4500 bbls/h
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also necessary for the ferrying of manufactured products to the suppliers or clients. This paper is going to explore the transport logistics of Target Corporation‚ also known as Target‚ and propose a Transport Improvement Plan (TIP) that would help to improve the supply chain of the company. Background Information of the Company Target Corporation is an award-winning retail giant and one of the largest retail stores in the United States of America. The idea of the business started with a New York
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part III Apache Corporation Carrie Rainbolt MGT521 June 11‚ 2012 Elaine Earle Business Analysis III Apache Corporation was formed in 1954‚ based on the idea of becoming significant and prosperous in the oil industry. The company took $250‚000 of investor capital‚ paired it with fierce determination and now Apache Corporation is considered one of the top independent oil and gas exploration and production companies in the world ("Apachecorp.com"‚ 2012). Apache Corporation operates in both
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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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| |Do not remove this notice. | Revision Question Answers: (d)‚ (a) ➢ Some tips on studying this course Corporations Law is a difficult course. The phenomena giving rise to disputes in the company law context are complex. The corporate law is a mix of statute‚ common law‚ and equity. The typical failure rate of the equivalent course in the Griffith Law School
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