THE CORPORATION CODE OF THE PHILIPPINES [Batas Pambansa Blg. 68] TITLE I GENERAL PROVISIONS Definitions and Classifications Section 1. Title of the Code. - This Code shall be known as "The Corporation Code of the Philippines". Sec. 2. Corporation defined. - A corporation is an artificial being created by operation of law‚ having the right of succession and the powers‚ attributes and properties expressly authorized by law or incident to its existence. Sec. 3. Classes of corporations. -
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POSSIBLE ADVANTAGES OF A MULTINATIONAL CORPORATION A multinational corporation (MNC) is a corporation that is registered in more than one country or that has operations in more than one country. In other words‚ business enterprise with manufacturing‚ sales‚ or service subsidiaries in one or more foreign countries‚ also known as a transnational or international corporation. Multinational companies provide some advantages in itself. Now‚ I am going to explain the advantages of these
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1.0 Introduction 1.1 Johns Manville Corporation’s Background Johns Manville Corporation (JM) operates as a leading manufacturer and marketer of insulation products for buildings and equipment‚ roofing systems‚ and various engineered products‚ including fibers‚ fabric and nonwoven mats‚ and filtration media. The company has 55 manufacturing facilities in North America‚ Europe‚ and China. Until the mid-1980s‚ JM mined and sold asbestos for use in insulation‚ building‚ aerospace‚ automotive‚ and
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liability. It is generally easier to transfer one’s ownership interest in a partnership than in a corporation. One of the advantages of the corporate form of organization is that it avoids double taxation. One of the advantages of a corporation from a social standpoint is that every stockholder has equal voting rights‚ i.e.‚ “one person‚ one vote.” Corporations of all types are subject to the corporate income tax. 2. (TCO G) Which of the following statements is
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Starbucks Corporation is the international coffee and the largest coffeehouse in the world based in seattle‚ Washington. The company has expanded rapidly with over 16‚858 stores in 50 countries‚ including 11‚000 in the united states‚ over 1000 in Canada and over 700 in uk. Starbucks don’t sell only coffee but there are variety in the consumer products that they offer such as hot and cold sandwiches and Panini‚ pastries ‚snacks and other hot and cold drinks. The company’s products are seasonal or
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III. Environmental and organizational audit of Kinh Do Corporation 11 1. External environment 11 1.1. PESTEL analysis 11 1.2. Five forces 14 2. Organizational audit 18 IV. Applying strategic positioning techniques to the analysis of Kinh Do Corporation 21 1. SWOT matrix 21 2. Apply strategic positioning technique to analysis of Kinh Do 22 2.1. Combination 22 2.2. Business strategies of Kinh Do Corporation 23 2.3. Recommendation 25 Conclusion 26 References
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Accountancy Business and the Public Interest 2012 A Critical Examination of the Multinational Companies’ Anti-Corruption Policy in Nigeria by *Olatunde Julius Otusanya Department of Accounting‚ University of Lagos‚ Nigeria Sarah Lauwo Kent Business School‚ University of Kent‚ UK Gbadegesin Babatunde Adeyeye Department of Accounting‚ University of Lagos‚ Nigeria *Address for Correspondence: Department of Accounting Faculty of Business Administration University of Lagos P. O. Box 354‚ Unilag Akoka
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Restructurings‚ and Corporate Governance Eskimo Pie Corporation Copyright © 1992 by the President and Fellows of Harvard College. Harvard Business School case 293-084. In early 1991‚ Reynolds Metals‚ the makers of Aluminum Foil and other aluminum products‚ decided to sell its holding of Eskimo Pie‚ a marketer of branded frozen novelties. Reynolds had few interests outside its aluminum and packaging business‚ and the Eskimo Pie Corporation‚ with roughly $47 million in sales‚ accounted for less
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to the conclusion the best option for Oliveology is to be an S Corporation. There are many benefits of this entity status. One of the largest benefits is no double taxation. The shareholders are only taxed at the shareholder level. Also‚ unlike a partnership‚ where all the partners are subject to self-employment tax on income from the firm‚ only wages earned are subject to a self-employment tax in an S corporation. In an S corporation shareholders may be employees‚ and the wages paid are deductible
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therefore emphasizes the monitoring and evaluating of external opportunities and threats in light of a corporation’s strengths and weakness. Strategic management is that set of managerial decision and action that determine the long run performance of a corporation 2. Give the evolution of strategic management ANS: it include environment scanning (Both external and internal)‚ strategy formulation ( strategic or long –range planning )‚ strategy implementation‚ and evaluation and control. 3. Has learning
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