authority doing it[4].” 1.3.1 As per law dealing with companies: The term ultra vires in connection with law regarding companies is defined in the following way; “A company incorporated under the Companies Act had legal personality only for the purposes laid down in its object clause. From this it was deduced that an act done by the company outside its object clause (an ultra vires act) was null and void. Neither the company nor the other contracting party (if the ultra vires act
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Does it make sense for Apex to attain full compliance with SOX? And why or why not? I agree with Apex to attain full compliance with SOX. As you know about Apex is private company and will be seeking for new external funding to expansion into a new segment of the printing sector therefore‚ the new investors are needed for them because they have to access capital market to raise money for the expansion to a lot invest in equipment as well as substract inventory and adding more promotional costs
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- Diversified companies: A company that has multiple‚ unrelated businesses. Unrelated businesses are those which require unique management expertise‚ have different end customers and produce different products or provide different services. - Some of the most well-known diversified companies include Hitachi‚ Toshiba and Lotte Group – which consists of over 60 business units‚ engaged in such diverse industries as candy manufacturing‚ hotels‚ fast food‚ retail‚ financial services‚ heavy chemicals
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States of America (US) is one such industry. As a powerful communication tool‚ the media has attracted many companies but only a handful has grown big. These media giants have dominated the local market and are currently seeking to conquer the global media industry in search of better profits. One of these media giants is the Walt Disney Company (Disney). Its dramatic growth from a small company to become an oligopolist in the media industry offers an interesting case study. This report studies Disney’s
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Case Study Component: Benihana of Tokyo 1. What are the differences between the Benihana production process and that of a typical restaurant? Benihana focuses on creating a dining experience that is not just about the food and service as most other restaurants do. Benihana emphasizes customer entertainment whereas when you eat at a typical restaurant you and your family‚ friend‚ or partner have to create your own entertainment. By using the hibachi table where chefs make the food right in front
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The Walt Disney Company A Business Environment Analysis By Rebecca Newman‚ Kendra Nicastro‚ Todd Harris & Rick Brown The Wide World of Disney: Defining The Walt Disney Company’s Domain The Walt Disney Company is an internationally recognized and renowned power player in the entertainment industry. Disney categorizes its operations into four key divisions: Studio Entertainment‚ Parks and Resorts‚ Consumer Products and Media Networks. Each division under The Walt Disney Company’s umbrella provides
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in Chicago‚ Disney divided his attention between drawing and photography‚ contributing both to the school paper. At night he attended the Academy of Fine Arts. In 1950‚ Disney completed its first live action film‚ Treasure Island‚ and in 1954‚ the company began television with Disneyland anthology series. In 1955‚ Disney’s most successful series‚ The Mickey Mouse Club‚ began. Also in 1955‚ the new Disneyland Park in California was opened. Disney created a series of releases from 1950s through 1970s
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What are the advantages and disadvantages for a company going public? An initial public offering (IPO) is the first sale of stock by a company. Small companies looking to further the growth of their company often use an IPO as a way to generate the capital needed to expand. Although further expansion is a benefit to the company‚ there are both advantages and disadvantages that arise when a company goes public. There are many advantages for a company going public. As said earlier‚ the financial
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Joint-Stock Company: A joint-stock company is a business entity which is owned by shareholders. Each shareholder owns the portion of the company in proportion to his or her ownership of the company’s shares (certificates of ownership). This allows for the unequal ownership of a business with some shareholders owning a larger proportion of a company than others. Shareholders are able to transfer their shares to others without any effects to the continued existence of the company. In modern corporate
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4 Reasons Chinese Companies IPO in America Why do so many good Chinese companies go public in foreign markets rather than let domestic investors share in the profits of growth? Chinese investors often complain about why would “good companies”‚ like Tencent (0700.HK)‚ Baidu (NASDAQ: BIDU) and Sina (NASDAQ: SINA)‚ choose to list in the US and Hong Kong instead of on the Chinese A-shares market. There are four main reasons: 1. If a ‘Chinese’ company takes foreign investment using a VIE structure
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