True/False Indicate whether the statement is true or false. ____ 1. Preferred stock represents the nonvoting ownership of a corporation. ____ 2. Limited liability is one characteristic of the corporate form of business organization. ____ 3. A proxy is a written promise issued by a corporation to repay borrowed money at a later date. ____ 4. One advantage of a corporation is the ease of obtaining a charter. ____ 5. One disadvantage of a general partnership is each partners’ responsibility
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on Facebook Share on Google Pluse Share on Twitter With an increase in consumer pressure for companies to be more socially responsible‚ making a positive contribution to society is becoming increasingly important. From the perspective of many corporations and business owners‚ however‚ social responsibility is often considered the “right thing to do” but not necessarily something that is required nor do many business owners believe social responsibility is able to increase the company’s revenue stream
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CRISIS COMMUNICATIONS ACTIONS OF CARNIVAL CORPORATION AFTER THE COSTA CONCORDIA CRISIS AND THE IMPACT ON COMPANIES REPUTATION Student: ------------------------ Lecturer: …………………… In reacent history‚ corporate crises have received high media attention and demonstrated the impact that a disaster can have on a company’s reputation. This essay evaluates the crisis communication strategy of Carnival Corporation & plc after the sinking of the Costa Concordia‚ and the
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realization of our founding fathers dream‚ as Lincoln said‚ of a country that is "of the people‚ by the people and for the people"( Citizens at Work‚ 2003). There are many factors that distort this reality and the main culprit is the multi- national corporations that are stealing the voices of the people which threatens the interest of American citizens. A good example would be how banking and oil interests have used lobbyists to limit regulatory over site in their prospective industries. Their undue influence
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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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complaint on behalf of Chevron Corporation citing that current and certain former member of Board of Directors (BOD) breached fiduciary duties‚ grossly managed the corporation‚ were involved in constructive fraud‚ and wasted corporate assets “in connection with illicit payments Chevron allegedly made to Saddam Hussein in exchange for Iraqi oil from 2000 to 2003.” Bezirdjian has a legal right to bring an action against the alleged party because he believes that harm has been done to Chevron in connection to
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Case 06-65 The Minnetonka Corporation The Minnetonka Corporation‚ which produces and sells to wholesalers a highly successful line of water skis‚ has decided to diversify to stabilize sales throughout the year. The company is considering the production of cross-country skis. After considerable research‚ the cross-country ski line has been developed. Because of the conservative nature of the company management‚ however‚ Minnetonka’s president has decided to introduce only one type of the new
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The case in discussion is about the Kikkoman Corporation of Japan. They are the oldest and most recognized producers of soy sauce in Japan. The company’s vision statement is that of contributing to the exchange of cultures through similar tastes and flavors. This case deals with the issues of the soy sauce industry and the challenges that the Kikkoman corporation faced keeping up with the globalization of the market for soy sauce. Their market share has always been strong in the industry‚ yet
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COMPANY PROFILE INTRODUCTION: Corporation Bank‚ founded in 1906 in Udupi‚ Karnataka state‚ India‚ is one of the Indian Banks in Public Sector Undertaking. The body was founded with an initial capital of Rs. 5000 (US$ 100)‚ and first day’s canvassed resources of less than one US$ 1‚ has currently (31 march 2004) 11‚325 full time employees‚ and operates from several branches in India. The Bank is a public sector unit with 57.17% of share capital held by the Government of India. The Bank
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2. What advantages are there for the consumer in having public utilities owned and operated as Crown Corporations? Most of the Crown Corporations are designed to meet the public needs‚ especially transportations. Since some of the private sectors are unable to provide those public needs‚ government has to open up some corporations to meet the needs. The price of the Crown Corporations is controlled by the government. The price‚ therefore‚ will be reasonable to meet the basic needs of the consumers
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