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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40 million (2009) | Total assets | US$ 13.572 billion (2009) | Total equity | US$ 2.717 billion (2009) | Employees | 10‚000 (2009)Purpose work for the healthcare | Website | AmerisourceBergen.com | AmerisourceBergen Corporation is a Chesterbrook‚ Pennsylvania based drug wholesale company that was formed by the merger of Bergen Brunswig and AmeriSource in 2001. They provide drug distribution and related services designed to reduce costs and improve patient outcomes‚ distribute
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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 have no personal liability to third parties. In order to pierce the corporate veil‚ third parties have to show personal wrongful conduct on the part of a company official or director to hold them
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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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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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GASTROENTEROLOGIST Gastroenterologist is also a sub-specialty of internal medicine .a gastroenterologist deals with digestive system problems. They diagnose and treat disorders of the gastrointestinal tract. • ERCP (endoscopic retrograde cholangiopancreatography) — a procedure to detect disorders in the ducts such as narrowing‚ gallstones‚ blockages‚ tumors and cysts. An ERCP combines the use of X-rays and endoscope — a long‚ flexible‚ lighted tube. The endoscope is advanced through
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INTRODUCTION TO PACKAGING Packaging is the technology of enclosing or protecting products for distribution‚ storage‚ sale and use. Packaging also refers to the process of design‚ evaluation and production of packages. Packaging can be described as a coordinated system of preparing goods for transport‚ warehousing‚ logistics‚ sale and end use. Packaging contains‚ protects‚ preserves‚ transports‚ informs‚ and sells. In many countries it is fully integrated into government‚ business‚ institutional
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Chapter 19: The marketing mix: product and packaging The role of product in the marketing mix The product itself is the most important feature of the marketing mix. After deciding the market segment for the product‚ the other parts of the marketing mix will be decided. Large companies often have a department to develop new products. Whilst deciding the marketing mix‚ the company will also have to take into account the competitor’s products. Types of product There are several types of products
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Paper as food packaging material Paper is a quite versatile material‚ utilized in flexible‚ semi-rigid‚ and rigid packaging. It is made into a wide variety of single- and multi-wall bags. It can also be made into a thicker stronger structure which is made into cartons and boxes that provide mechanical protection for many foods. The paperboard can be converted to an even stronger material called corrugated paperboard that is converted into boxes used for logistics. Most types of paper provide a partial
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com/0007-070X.htm BFJ 104‚9 CASE STUDY 766 Packaging of children ’s breakfast cereal: manufacturers versus children Department of Retailing and Marketing‚ The Business School‚ Manchester Metropolitan University‚ Manchester‚ UK Keywords Food‚ Children‚ Consumer behaviour‚ Marketing Abstract Based on primary research from both a child consumer and manufacturer perspective‚ this article explores the breakfast cereal market and the perceptions of packaging from the perspective of a child. Specific consideration
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