liability of the shareholders. However‚ under certain circumstances the corporate entity may be disregarded. This is also known as piercing the corporate veil and is the most frequent method for holding the shareholders liable for the acts of a corporation. Corporate officers‚ directors and controlling shareholders have a general fiduciary duty of loyalty and care which should govern all their corporate conduct. Unless they breach that duty by gross negligence or acts in bad faith‚ they usually will
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Federal poverty and welfare policies This essay will let you know the different opinions of federal policy issues involving welfare causing conflicting debates between national‚ state‚ and local government and how these conflicting issues relate to federalism. Federalism is “A government system where power and authority are shared by national and states governments‚ with the ultimate authority derived from the people. With that been said this essay will also describe the history of TANF
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Multinational business in China 30 years ago‚ “China” was a well-knowing name that had entered people’s life all over the world‚ by the images of “Made in China”‚ “Factory of world”. China is the oldest country which has long history‚ lot of tradition‚ and multicultural heritage. Also China is the third largest land nation with rich natural resources‚ and the largest population about 1.3billions people. About the geography of China - located east Pacific coast of Asian mainland; northern border
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CAPITAL BUDGETING FOR MULTINATIONALS 13.1 INTRODUCTION Although the original decision to undertake an investment in a particular foreign country may be the outcome of combination of strategic‚ behavioural and economic considerations‚ choice of a specific project within a particular product-market posture calls for evaluation of its economic feasibility. For this purpose‚ capital budgeting exercise has to be done. A firm should deploy funds in a project if the marginal revenue obtained there from
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"Unemployment and Inflation" Please respond to the following: • Predict whether the years following the next presidential election will bring us inflation‚ deflation‚ or relatively stable prices. Provide support for your response. I believe the prices will relatively remain stable‚ but overtime there will be inflation‚ and this is to pay for government funded programs and to pay for the offset costs associated with new laws and regulations governing healthcare. With the current fiscal cliff
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Value Creation in the Global Apparel Industry Case Analysis #3 By Deborah Bennett Julie Bryan Wynette Gayle Vivian Pankey Neisha Vitello Executive Summary Zara is the flagship fashion retail company under the parent corporation Inditex. First opened in Spain‚ Zara currently has a network of 1‚292 stores spread across 72 countries. The infrastructure Zara has built is a core competency. Their innovations to bring new fashion designs to market faster than competitors differentiates
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women to dominate in this unisex oriented system.thus people are still living in the medieval age‚so far as the issue of women is concern. in this grim scenario‚we have any examples that encourage us to fight for the cause.late Kalpana Chawla did india proud by joining NASA as an astronaut.Arundhati Roy‚Shoba De and Anita Pratap are celebrated writers.We can recall the names of Sushma Swaraj‚Maya wati‚Sonia Gandhi an other political figure in india.women are pilots‚engineers‚doctors‚researchers
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Discuss the impacts of multinationals setting up factories in your country. Nepal is recognized as a LDC‚i.e. Least Developed Countries which makes it a very suitable target for multinationals to set up their business with.Nepal would face various impacts of the multinational companies.Firstly‚ the main reason behind multinationals wanting to carry out their businesses in a country like Nepal is to have a lower costs of production‚that is to say‚cheap labour‚low input costs‚ avoid import costs
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UNEMPLOYMENT PROBLEM Introduction Spain unemployment figure had hit up to 5 million people mark in the last quarter of 2011. The National Statistic Institute measure from 4.9 million in the third quarter to 5.3 million people is jobless at the end of December. This rate rose from 21.5% in the third quarter to 22.8%‚ one of the highest rates in nearly 17 years. Spain has already hit one of the highest rates in the 17-nation eurozone and is expected to step back to recession. This impact hit
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The primary advantage of a corporate form of business is that a corporation is a stand-alone entity‚ which means you are not personally liable for the assets and debts of the business. Incorporating protects your personal assets from lawsuits‚ debt collection and other business issues that can arise. The stand-alone entity also separates tax liabilities‚ which is another advantage. This means that the corporation’s taxes are separate from your personal tax liabilities. As a business
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