Literature Review 2.1 History of the air-conditioner Air-conditioner was invented based on invention of refrigerator. The history was told that the Chinese were the first to store natural ice and snow to cool wine and other delicacies. Evidence has been found that ice cellars were used as early as 1000 B.C. in China. Early Greeks and Romans also used underground pits to store ice. Ancient people of Egypt and India cooled liquids in porous earthen jars. Ice was produced due to vaporization
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Enron Corporation (former NYSE ticker symbol ENE) Enron Corporation (former NYSE ticker symbol ENE) Cierra Gause Abstract This paper will describe the legal environment of business‚ the sources of American law‚ and the basis of authority for government to regulate business‚ differentiate between civil law and criminal law and describe the various classifications of crimes as it relates to Enron and the scandal the caused their downfall by using technology and information resources to research
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Recording the sale‚ but reducing sales by an estimate of future returns. All of the above. 2. (TCO A) During 2010‚ Steele Corporation sold merchandise costing $1‚500‚000 on an installment basis for $2‚000‚000. The cash receipts related to these sales during 2010 were $800‚000.What is the amount of deferred gross profit Steele Corporation will report on Dec 31‚ 2010? (Points : 6) $700‚000 $200‚000
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As the world has become more globalized‚ more Americans work for multinational organizations. Working for a global company provides some advantages to you relative to working for a domestic business‚ but it may also lead to some challenges. While each global company is different‚ it helps to weigh the pros and cons of a global culture before accepting a job with a multinational enterprise. Career Opportunities Working for a larger company offers more job opportunities. But a multinational company
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A Multinational Corporation has been described as one that has production facilities or other fixed assets in at least one foreign country and makes its major management decisions in a global context. In marketing‚ production‚ research and development‚ and labor relations‚ its decisions must be made in terms of host-country customs and traditions. In finance‚ many of its problems have no domestic counterpart-the payment of dividends in another currency‚ for example‚ or the need to shelter working
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CPA BUSINESS LAWS THE LAW ON CORPORATION Corporation 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. Attributes of a Corporation: 1. It is an artificial being •Doctrine of piercing the veil of corporate entity or corporate fiction This is the doctrine to the effect that the separate personality of a corporation may be disregarded if such entity
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information from http://www.researchandmarkets.com/reports/1937897/ HTC Corporation - SWOT Analysis Description: HTC Corporation - SWOT Analysis company profile is the essential source for top-level company data and information. HTC Corporation - SWOT Analysis examines the company’s key business structure and operations‚ history and products‚ and provides summary analysis of its key revenue lines and strategy. HTC Corporation (HTC or “the company”) is engaged in the research‚ development and
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MULTINATIONAL CORPORATIONS IN INDIA MEANING • Multinational corporations (MNCs) are huge industrial organizations having a wide network of branches and subsidiaries spread over a number of countries. The two main characteristics of MNCs are their large size and the fact that their worldwide activities are centrally controlled by the parent companies. POSITIVE ROLE OF MNCs • The frst important contribution of MNCs is its role in flling the resource gap between targeted or desired
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HISTORY OF WHIRLPOOL CORPORATION Founded 1911 Headquarters Benton Harbor‚ Michigan‚ USA Key people Jeff M. Fettig‚ (Chairman & CEO) Michael A. Todman‚ (President‚ Whirlpool North America) Paulo F.M.O. Periquito‚ (President‚ Whirlpool International) Industry Major appliances‚ Small appliances Products Clothes washers and dryers‚ refrigerators‚ freezers‚ dishwashers‚ ranges‚ compactors‚ room air conditioners‚ microwaves ovens‚ counter top appliances. Revenue ▲ USD 18
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The four forms of multinational corporations are home replication‚ multi-domestic‚ global‚ and transnational. Home replication strategy is the international replication of home based competencies such as production scales‚ distribution and brand power. An example of this is Wal Mart opening in Brazil. Wal Mart has replicated its system which it uses domestically. Multi domestic strategy is a strategy by which companies try to achieve maximum local responsiveness by customizing both their product
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