small to medium-sized enterprise)‚ to the multinational with its hierarchy and tens of thousands of employees. But the questions about what motivates people in work are basically the same everywhere. The first question that self-employed people get asked is how they find the self-discipline to work alone and motivate themselves‚ with no one telling them what to do. Some companies are also looking for this self-discipline and motivation; job advertisements often talk about the need for recruits to
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for-profit enterprise succeed if its main innovation is valuing social consciousness as much as shareholder returns? The question is particularly relevant in a time of high gas prices and a growing sense that our current consumption of natural resources is simply unsustainable. The founders of Nau‚ a fledgling retail outerwear company‚ believed the answer to this question to be a resounding “Yes.” Built with an unprecedented level of environmental‚ social‚ and human-rights consciousness‚ by
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P10-1A On January 1‚ 2011‚ the ledger of Mane Company contains the following liability accounts. Accounts Payable $52‚000 Sales Taxes Payable 7‚700 Unearned Service Revenue 16‚000 During January the following selected transactions occurred. Jan. 5 Sold merchandise for cash totaling $22‚680‚ which includes 8% sales taxes. 12 Provided services for customers who had made advance payments of $10‚000. (Credit Service Revenue.) 14 Paid state revenue department for sales taxes collected in December
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The Southern Company is a utility holding company whose principal subsidiaries provide power in Alabama‚ Georgia‚ Florida‚ and Mississippi. With the gradual deregulation of the utilities industry in the 1990s‚ Southern Company expanded its holdings into New England‚ New York‚ the Midwest‚ and California‚ making it the largest power producer in the country. In addition‚ Southern now owns power generating operations in Europe‚ Hong Kong‚ the Philippines‚ and South America. The early 1980s saw a
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At Vintage Technologies‚ we are proud of our company‚ the successes we have collectively achieved‚ the reputation we enjoy with our clients‚ and most of all the nearly 25 people that make it happen every day. The backbone of Vintage Technologies is our values. These five principals are the foundation of our strategy‚ guide our actions and shape who we are in the eyes of our clients‚ partners and employees. Compassion We put empathy into action by preserving individual rights‚ improving quality
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Company Background INTRODUCTION Toyota is one of the world’s best-known and most successful businesses‚ building cars and trucks in 27 countries for sale in more than 170 markets around the globe. Worldwide production was 9.5 million (8.5 million for Toyota and Lexus brand vehicles) in 2007‚ placing Toyota Motor Corporation (TMC) firmly among the world’s leading vehicle manufacturers. This result keeps it on course to achieve its ambition of becoming the world number one by the end of the decade
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CASE 46 THE TIMKEN COMPANY Teaching Note Synopsis and Objectives The acquisition of Torrington from Ingersoll-Rand (IR) required a strategy that would meet both the investment and the financing objectives of the Timken Company. In that regard‚ the case provides an excellent example of the principle that investment and financing decisions can be considered independently. In effect‚ Timken captured the positive NPV of Torrington even though Timken was required to increase its leverage beyond
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Key questions and concepts that your team should address: 1. Why has Clarkson Lumber Company borrowed increasing amounts despite its consistent profitability? In order for Clarkson to keep up with an increase in sales‚ they need to borrow additional funds to increase their purchase order sizes. 2. How has Mr. Clarkson met the financing needs of the company during the period 1993 through 1995? Has the financial strength of Clarkson Lumber improved or deteriorated? During the last 3
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Issue: • Recommendation for Mary‚ and influences to the advice. • Whether a public entity is the most appropriate entity for her mining venture. • Should Susan incorporate? If so‚ should she adopt a company structure? • Assuming Susan adopts a company structure‚ what type of Liability Company should Susan adopt? Relevant Laws: Form of association: • Consider the possible form of association‚ corporate and non-corporate • Consider comparative advantages and disadvantages of each form of association
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PepsiCo‚ Incorporated is one of the largest Fortune 500 companies in the world. It got its start as the Pepsi Cola Company in 1898 when a pharmacist from Chinquapin‚ North Carolina. A pharmacist named Caleb Bradham invented the Pepsi Cola soft drink. The soft drink was originally named “Brad’s Drink” but was later renamed “Pepsi-Cola” combining the terms “pepsin” and “cola.” Along with selling the soda concoction the many soda fountains‚ Bradham also bottled and sold the drink in his own stores.
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