The current issue and full text archive of this journal is available at www.emeraldinsight.com/1741-0401.htm PROFESSIONAL PRACTICE Reengineering the supply chain in a paint company Sanjay Sehgal Ex-ICI India Ltd.‚ Gurgaon‚ India Reengineering the supply chain 655 Received April 2004 Accepted July 2006 B.S. Sahay Institute of Management Technology‚ Raj Nagar‚ Ghaziabad‚ India‚ and S.K. Goyal John Molson School of Business‚ Concordia University‚ Montreal‚ Canada Abstract Purpose – The purpose
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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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business process reengineering? Business process reengineering is about reconsidering and radical update of business procedure to accomplish emotional upgrades in cost‚ quality‚ speed and administration. Business Process reengineering is likewise about making a strategy of promoting business advancement so that company prepare with the goal that organization can turn out to be much more grounded and fruitful. Information technology assumes significant part in Business Process reengineering. The speed
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You are required to prepare an investigative report on a recent corporate scandal that involved improper accounting practices or any form of financial scandal. Your report must include the following: an overview of the corporation a description of the scandal methodology - explaining the specific accounting impropriety that the company used. an explanation of how the firm managed to hide their accounting improprieties a discussion of who the scandal effected - both inside‚ and outside
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Reaction Essay: The Corporation The documentary The Corporation‚ directed by Jennifer Abbott and Mark Achbar and produced in 2004‚ although bias‚ opens many doors for discussion in regard to capitalism and the role of corporations in our lives. I found the documentary to be presented professionally‚ and filled with legitimate facts more so than extreme opinion. The documentary truly outlines the "all-pervasive" role the corporation has taken as the "world’s dominant institution". The film opens
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Corporation – A separate legal entity that has an existence at law that is separable from those who form it. It is a separate legal entity in the sense that it has an existence at law‚ but no material existence. * It is separate and distinct from its shareholders * A properly authorized agent may bind the corporation in contract with third parties. * Shareholders possess limited liability for the debts of the corporation‚ and creditors may look only to the assets of the corporation to
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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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Business Ethics The Corporation ‘The Corporation’ had a specific aim to portray the problems of not just one corporation‚ but corporations as a whole‚ as is evident from the beginning of the film as a multitude of big business logos flashed across the screen. The film proceeded to highlight the issues surrounding: globalization and consumerism‚ environmental pollution and disregard for the planet‚ unethical marketing‚ and dishonest media. Personally‚ I feel that I’m quite open-minded when it comes
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organizational development models have dominated the business world for a considerable period of time namely Total Quality Management (TQM) and Core Process Reengineering (CPR). TQM and CPR share a cross-functional relationship. Quality specialists tend to focus on incremental change and gradual improvement of processes‚ while proponents of reengineering often seek radical redesign and drastic improvement of processes. Quality management often referred to as TQM or continuous improvement‚ means programs
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Towards a theoretical framework for Business Process Reengineering Organization theory BPR Informatics Marketing June 1994 Kai A. Simon Abstract Business Process Reengineering has gained a considerable attention in the world of change management during the past years. While more and more organizations embark on the BPR trend it can be concluded‚ that the theoretical bedrock for BPR falls rather short of the concepts ambition of being a solution for a multiplicity of problems
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