services” (Tracy)1. These businesspeople help build our economy by creating jobs‚ increasing productivity and partnering with other firms to help reach success. Entrepreneurship is so crucial to society because “it’s the entrepreneurs who serve as the spark plug in the economy’s engine‚ activating and stimulating all economic activity…” (Tracy)1. Entrepreneurial firms highly impact the economy by creating jobs‚ which is essential in fueling our economy. When an entrepreneur begins to expand their
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Firms did not flourish until the early 20th century. They emerged as an authorized structure and were granted exclusive rights to trade and conduct business in certain markets and products. The fact that firms are a different way to organize economic activities cannot explain explicitly and adequately the reason of firm formation. Many socialists and economists have given their interpretations of the conditions under which firms emerged and developed in certain ways in a specialised exchange economy
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The Correct Methodology of Selecting CEOs Abstract Selecting the correct methodology for recruiting your next chief executive officer is undoubtedly one of the most difficult decisions that a board of directors will ever have to make. Horse races‚ promotion contests‚ and the extensive use of executive search firms have proven to be the most common forms of selecting company’s top executives. The fight to hold to the title of CEO between internal and external candidates is cut-throat and in most
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Case Analyses March 12‚ 2012 Burlington Industries‚ Inc. v. Ellerth 524 U.S. 742 (1998) I. FACTS: Kimberly Ellerth quit her job as a sales person at Burlington Industries after working there for 15 months. Her reasoning was that her supervisor‚ Ted Slowik‚ was sexually harassing her. Ellerth did not inform any other supervisors‚ and therefore the company was unaware of Slowik’s actions with Ellerth. Despite her refusals with Slowik’s advances‚ Ellerth did not suffer any tangible retaliation
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A. FIRM AND ITS OBJECTIVE: Conventional theory of firm assumes profit maximization is the sole objective of business firms. But recent researches on this issue reveal that the objectives the firms pursue are more than one. Some important objectives‚ other than profit maximization are: (a) Maximization of the sales revenue (b) Maximization of firm’s growth rate (c) Maximization of Managers utility function (d) Making satisfactory rate of Profit (e) Long run Survival of the firm (f) Entry-prevention
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Value-Added Tax is a form of sales tax. It is a tax on consumption levied on the sale‚ barter‚ exchange or lease of goods or properties and services in the Philippines and on importation of goods into the Philippines. It is an indirect tax‚ which may be shifted or passed on to the buyer‚ transferee or lessee of goods‚ properties or services. 1. What is a VAT registered individual? * Any person or entity who‚ in the course of his trade or business‚ sells‚ barters‚ exchanges‚ leases goods
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Impact of Corporate Governance on Firm Performance—an Empirical investigation from the Insurance Industry of Pakistan Hafiz Muhammad Raheel Arif* Raheel_prince23@hotmail.com 00923216190575 *COMSATS Institute of Information Technology and Science Lahore‚ Pakistan Abstract The study is devoted to check the impact of corporate governance (CG) on the firm performance (FP) of the insurance industry of Pakistan. Four measures have been used in the paper to check the firm performance being affected by
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the company: benefits and pay of the rest of the company. With escalating CEO compensation‚ companies must find new creative ways to retain and recruit talented employees. Alternatives Now that the executives are receiving the massive retention bonuses‚ companies are turning to alternative ways to retain the talented executives. “Stock options have become an integral component of Chief executive officer (CEO) compensation packages. Corporate boards increasingly rely on stock options as
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Memorandum To: Alan Mulally‚ President & CEO Date: 07/04/2013 Subject: Internal Communications Platform When searching for a social networking platform to use for Ford Motor Company’s internal communications‚ our team has gone through several analyses of each potential platform. The top five choices were Facebook‚ Linkedin‚ Gotomeeting‚ Google+‚ and Skype. All of these programs were rated on the scale of 1 to 4 in six categories: compatibility and speed‚ accuracy of content‚ cost‚ design‚ navigation
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Polaris Industries Inc. (NYSE: PII) declared today its new deals and profit objectives for the Company through 2018. In particular‚ the Company detailed that it has set up goals for add up to Company deals to develop to $2.2 billion before the finish of the 2018 schedule year with net wage from proceeding with tasks expanding to $150 million. Weakened income for each offer from continuing with activities developing to $4.25 per share amid a similar period. The Company showed that it means to accomplish
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