Characteristics of Corporations Corporations represent an important type of organization. Their unique characteristics offer advantages and disadvantages. Advantages of Corporate Characteristics Separate legal entity: A corporation conducts its affairs with the same rights‚ duties‚ and responsibilities of a person. It takes actions through its agents‚ who are its officers and managers. Limited liability of stockholders: Stockholders are liable for neither corporate acts nor corporate debt. Transferable
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1. Based on prices for comparable transactions‚ how would you assess the reasonableness of the Bet Performers $133 million purchase price in May 2008? To value a ship using the market approach‚ one had to identify a set of “comparable” ships where comparability was based on four main factors: ship type‚ size (DWT)‚ age‚ and condition. According to Exhibit 3‚ there are five ships which are the most comparable to Bet Performer. They are Martha Verity‚ Ingenious‚ Sumihou‚ Cape Sun‚ and Coppersmith
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Sony Corporation Strategic Analysis Executive Summary Sony Corporation is a Japanese multinational conglomerate consisting of a number of business units (consumer electronics‚ gaming‚ movie production‚ music and financial services) making it one of the most comprehensive entertainment companies in the world. However‚ the start of the 21st Century has been a difficult period for Sony resulting in a decline in operating profits and share prices. A SWOT and PEST analysis indicates that economic
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When corporations are destroyed by the actions of their senior directors‚ employees lose their jobs‚ shareholders lose their investments‚ and societies lose key parts of their economic infrastructure‚ have you noticed that it often appears that the senior directors involved walk away with a clear conscience and they seem to be unaffected by the corporate collapses they have created. They present themselves as glibly unbothered by the chaos around them‚ unconcerned about those who have lost their
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Running Head: MARKETING PLAN Introduction The Toyota Corporation has a unique business philosophy‚ even in the hard times of the economy they stand up and out for their employees and their business processes. Toyota’s mission statement is "To attract and attain customers with high-valued products and services and the most satisfying ownership experience in America" (Toyota.com‚ 2011). They have exceeded in their mission to do this as well as in their vision to be the most successful and
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Summary This study covers the analyses of the TEXTRON CORPORATION— BENCHMARKING PERFORMANCE Textron’s Board of Directors (Thundersbird School of Global Management‚ Graeme Rankine- TB0043‚ September 9‚2009) had launched a new initiative to assess the company’s supply chain and the company’s working capital needs. First step was to benchmark the company’s recent financial performance against other aerospace and defense firms to determine the areas in which the company’s performance could be improved
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Q 1 If I was the marketing manager of Drypers Corporation I would select Market Challenger (runner-up) Strategies The market challengers’ strategic objective is to gain market share (to achieve profits and economics of scale) and to become the leader eventually. I will choose this strategy because there are market leaders which are: 1-Kimberly-Clark (Huggies) 2- Procter&Gamble (Pampers) These two brands achieved more than 70% of dollar market share for disposable diapers and training pants
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overConclusionbibliography | | Introduction A multinational corporation (MNC) or multinational enterprise (MNE) is a corporation that is registered in more than one country or that has operations in more than one country. It is a large corporation which both produces and sells goods or services in various countries. It can also be referred to as an international corporation. They play an important role in globalization. The first multinational corporation was the Dutch East India Company‚ founded March 20
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Xerox Corporation 1. Leadership through Quality was a strategy developed by Xerox as a result of competitors being financially strong‚ technologically advanced and having excellent customer relations. Xerox Corporation through its strategy tries to meet its customer requirements. The strategy is viable as Xerox through this strategy tries ensuring that definition of Quality is meeting the customer requirements all the time. The three major components of LTQ are Employee Involvement that stresses
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Abstract:The structure of this assignment is such that the questions are not just answered directly but that there is a discussion of general premises by the author prior to confronting the complexities of systems re-engineering. The reader is given a few short philosophical insights into the author’s assumption in the "preferred method" of such organisational change. It is the focus of this assignment to impart how the organisational change will lead to the organisations culture changing. In the
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