THE CORPORATION CODE OF THE PHILIPPINES [Batas Pambansa Blg. 68] TITLE I GENERAL PROVISIONS Definitions and Classifications Section 1. Title of the Code. - This Code shall be known as "The Corporation Code of the Philippines". Sec. 2. Corporation defined. - A corporation is 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. Sec. 3. Classes of corporations. -
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the failures of Newell Company by the lack of due diligence and decision making by the executive staff. Figure 1 "Using a single or dominant business corporate level strategy may be preferable to seeking a more diversified strategy‚ unless a corporation can develop economies of scope or financial economies between businesses‚ or unless it can obtain market power through additional levels of diversification. These economies and market power are the main sources of value creation when the firm diversifies
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Corporations are moral agents I chose to evaluate the second debate because I thought it was the most significant to the purpose of the class: to analyze the moral responsibility of business. The debaters were assigned to negate and affirm the following motion: Corporations are Moral Agents. In my opinion‚ this motion comes down to the decision to hold corporations responsible for their (corporations) decisions on a moral basis or just hold them responsible for their decisions on a legal basis
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“On balance‚ multinational corporations provide more positive outcomes for society than negative ones”. Multinational corporations are practically in every sphere of modern life‚ from policy making to the environment and international security; from problems of identity and community to the future of work and nation state. (Gabel and Bruner‚ 2003‚ VI) A multi-national corporation (MNC) is a business organisation which has its headquarters in one country but conducts and controls productive
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Tasha McIntyre Ray Go-Go Corporation Internal Controls Accounting Information Systems Brandman University As an external audit supervisor assigned to Go-Go Corporation it is my job to evaluate the effectiveness and accuracy of the company’s financial reporting process. To do this I have met with the key financial controlling personnel of the company along with reviewing the accounting policies‚ controls and operational system currently in place. This is similar to what the internal auditors
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CORPORATION VS PARTNERSHIP 1. Creation CORPORATION Created by operation of law; PARTNERSHIP Created by agreement of the parties; 2. Numbers of incorporators CORPORATION Requires at least 5 incorporators; PARTNERSHIP Requires at least 2 partners; 3. Commencement of juridical personality CORPORATION Acquires juridical personality from the date of issuance of the certificate of incorporation by the Securities and Exchange Commission ;PARTNERSHIP Acquires juridical personality form the
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Harvard Business School 9-681-045 Rev. February 27‚ 1998 Burger King Corporation The first Burger King restaurant in Miami in the mid-1950s featured a walk-up window‚ a limited menu (burgers and shakes for 19¢‚ sodas and fries for 10¢)‚ and "your food ready by the time you ’d paid for it." As one early manager recalled‚ "Our windows faced front so we could see customers driving in. With the limited menu‚ we pretty much knew what they ’d order and we ’d have it ready." In the 1960s and 1970s
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Case 3-1: Southwest Airlines Corporation What is Southwest’s strategy? What is the bases on which Southwest builds its competitive advantage? Cost cutting SWAC uses a low-cost strategy. They had the lowest operating-cost structure in the domestic airline industry. Employee satisfaction Together with this strategy‚ they want to achieve customer satisfaction by employee satisfaction. They are famous for their customer and employee relationship. SWAC has been recognized by multiple organizations
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NY). Shannon‚ J. R. and R. L. Berl: 1997‚ ‘Are We Teaching Ethics in Marketing?: A Survey of Students’ Attitudes and Perceptions’‚ Journal of Business Ethics 16(10)‚ 1059–1075. doi:10.1023/A:1017922005651. Shaw‚ W. H. and V. Barry: 1992‚ Moral Issues in Business (Wadsworth Publishing Company‚ Belmount‚ CA). Singhapakdi‚ A.‚ J. K. Marta‚ K. C. Rallapalli and C. P. Rao: 2000‚ ‘Toward an Understanding of Religiousness and Marketing Ethics: An Empirical Study’‚ Journal of Business Ethics 27‚ 305–319.
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Multinational Companies in Bangladesh Bangladesh Is a developing country of Asia. There are many multinational companies doing business based on peoples’ choice and demand in Bangladesh. Some of the most important multinational companies are as follows. 1.Nestle Bangladesh: Nestle is the world’s leading nutrition‚ health and wellness company founded in 1866 * Its head office located in Geneva‚ Switzerland. * Nestle started official production activities in Bangladesh in 1994 * It
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