The Salomon & Co.[1] case brought about the most significant decision ever laid down in Company Law. The House of Lords decision is the leading authority on the principle that the company [2]‚ which is incorporated under the Companies Acts 1963 is a separate legal entity‚ separate from its members and capable of having a corporate personality of its own‚ as Lord MacNaghten stated in Salomon “a different person altogether”[3]‚ from that of the members‚ almost depicting a fictional character capable
Premium Corporation Subsidiary Legal entities
Based on my working experience‚ co-workers who I have worked with can be classified into four types. The first type‚ I call the commoner. This kind of co-workers is typically a good person and he or she usually causes very little trouble. This type of co-worker is friendly‚ helpful and usually participated in every meeting.If I get along with this type is generally a breeze‚ tasks would be finished on time. When I worked in a project and they were my team member‚ it was grateful for working at least
Premium The Work Type system Employment
In regards to acquisitions‚ it is important to distinguish between mergers and acquisitions. In a merger‚ two companies come together and create a new entity. In an acquisition‚ one company buys another one and manages it consistent with the acquirer’s needs. An acquisition that involves integration has greater staffing implications than one that involves separation (Rizvi‚ 2008). A combining of companies is a major change. Mergers and acquisitions represent the end of the gamut of options companies
Premium Mergers and acquisitions Corporation Types of business entity
JPS 447 Ms. 10 April 2012 Reflections on Co-Facilitation Co-Facilitation is a process that can either be very rewarding experience wherein a small group of people meet regularly to complete an assigned project. There is supposedly strength in numbers and the work load is divided up according to the number of people and their level of expertise. Dividing up the work load is certainly not the only advantage. Team collaboration is very important and the gathering and sharing of information
Free Race White people Black people
This case is about a firm that needs to change radically its new product development process. The company has been successful throughout its history by developing high quality new products in a traditional way that extended back for decades. Customer demands are pushing for greater variety of products in shorter times. Competitors are responding to these demands and are on the way to cut their NPD process times by 20-30%. For the Company to get ahead of competitors and put itself as a leader
Premium New product development Management Automotive industry
After the closure of Turner Trucks workshop‚ because of economic downturn‚ competition and decline in customers‚ Ralph Turner was jobless. He found a job at Thomas Motor Co. at a low salary as there were no other alternatives available. Robbins‚ the workshop foreman‚ perceived that Ralph was happy with this because he felt lucky to have found the job. The major issue in this case is the temperamental behaviour of Ralph. Some examples of his explosive behaviour are; complaining about the workshop
Premium Motivation Maslow's hierarchy of needs
Case Analysis Report The Co-operative Bank Submitted to Wila-sini Wongkaew‚ PhD Prepared by Pitchapa Nuancharoen 578 20011 26 Pitchaya Wijitthanakul 578 20034 26 Pimpika Hitakomate 578 20108 26 Pattarin Ha-upala 578 20200 26 Salila Junsuriyapong 578 21144 26 Supattana Srisalaui 578 21282 26 2601633 Advanced Managerial Accounting and Cost Management Semester 2 Academic Year 2014 Executive Summary This report
Premium Cost Costs Management accounting
A So Co Member has the ability to make others feel confident. By constantly cheering and showing support to others‚ it can install a sense of confidence in someone helping them believe in themselves. A So Co Member constantly thinks of her teammates. Its best to show that you can be a shoulder to lean on and be a support system if anyone needs you. A So Co Member helps anyone and everybody. A So Co Member should help her officers‚ teammates‚ fellow So Co members‚ and her Directors if needed to
Premium Management Leadership Skill
Bear Stearns & Co Page 1 of 10 Bear Stearns & Co Answer the following 10 questions‚ using the financial statement data from Blockbuster Entertainment Corporation. Show your work (i.e.‚ note what numbers you’re using). On May 9‚ 1989‚ Bear Stearns & Co. issued a report on Blockbuster Entertainment Corp.‚ which is reproduced in part below. Blockbuster-Entertainment (Ticker symbol: BV‚ Price per share: $33 ½) increased owned and franchised video stores from 19 at the end of 1986 to 415 at December
Premium Depreciation Balance sheet Generally Accepted Accounting Principles
1868 NAIC: 334518 Watch‚ Clock‚ and Part Manufacturing; 339911 Jewelry (except Costume) Manufacturing; 44831 Jewelry Stores SIC: 3873 Watches‚ Clocks‚ Watchcases & Parts; 3911 Jewelry & Precious Metal; 5944 Jewelry Stores Founded in 1837‚ Tiffany & Co. has long been renowned for its luxury goods‚ especially jewelry‚ and has sought to market itself as an arbiter of taste and style. Tiffany designs‚ manufactures‚ and sells jewelry‚ watches‚ and crystal glassware. It also sells other timepieces‚ sterling
Premium Jewellery