Because it limited risk, and spurred investment.
Corporations started as a way for people to invest in transoceanic trips for those spice and silk ships that go between Europe and the Orient without getting bankrupted and personally responsible for the loss should the ship sinks/disappears. By forming a corporation, to be responsible for a ship, and the corporation hire the captain, buy the ship, and the goods, the corporation is responsible, not the individual investors.
Lloyd’s of London started with the insurance business for ships this way, by rating them with degrees of upkeep, skill of captain, and so on. .
Without corporations, exploration would not have been as numerous and rapid as it was. And the world today would have been VERY VERY different.
—
Kasey C, PC guru since Apple II days
Win their hearts and minds, and their body will follow.
There are three types of business processes:
1. Management processes – the processes that govern the operation. Typical management processes include "Corporate Governance" and "Strategic Management".
2. Operational processes – these processes create the primary value stream, they are part of the core business. Typical operational processes are Purchasing, Manufacturing, Marketing, and Sales.
3. Supporting processes – these support the core processes. Examples include Accounting, Recruitment, IT-support.
Publishers understand that content management is a pivotal piece in today’s publishing environment. Yet budgeting for a CMS initiative can quickly scale to the point where executives question why they should stray from the status quo. In this free webinar, Barry Bealer, CEO of Really Strategies, will lead a panel of publishing professionals who will discuss how they made their business case and got executive buy-in for content management in their organizations.
Duration : 0:9:53
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Learn how OnePlace can use project management and team collaboration features to increase the organization and communication of your business. For more information on OnePlace and how it can increase your business success, visit http://www.oneplacehome.com
Duration : 0:7:54
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A Limited Liability Company (LLC) is created and regulated under state laws. An LLC is allowed to possess the limited liability characteristics of a corporation, but is treated as a partnership for federal tax purposes. A major advantage to an LLC is the same tax pass-through feature of an S Corporation. Furthermore, they offer the flexibility of a partnership without the restrictions of an S Corporation. They can have more than one class of stock, the number and type of members are not limited and there is flexibility in profit/loss allocation.
They also offer limited liability protection for all members. Any LLC member can participate in management without being exposed to personal liability. Contribution of property to an LLC is tax-free regardless of how much control the contributing partner has. Liquidation of an LLC is generally a tax-free event, and they are not required to file annual reports with Arizona Corporation Commission.
Disadvantages are that an LLC must have two members to file as a partnership for federal tax purposes (a single-member LLC files as a sole proprietor), earnings are generally subject to self-employment tax, state law may limit the life of an LLC, conversion of an existing business to LLC status could result in tax recognition on appreciated assets, and fringe benefits to partners are taxable.
Also, there is a lack of uniformity in LLC statutes between states. A firm operating in more than one state may not get consistent treatment.
I really want to work for a professional sports organization–like an NFL team. What kind of job would be available to me if I went to college for business administration? Or is there a better degree to get?
I have worked in sports ( and I graduated with a BBA- Marketing) and I will say you can obtain any front office job with the BBA degree. However, to work in the NFL you will need to work your way up, and it is a TOUGH TOUGH TOUGH job to work in.
You need to intern with a lower level sports team first and keep on getting experience and networking.
There are lots of competition for jobs and because everyone want to do it your salary will be quite low. Like in the range of $20,000 and you make end meet by selling tickets to events and sponsorship ( even though your job might not be sales)
I am not trying to scare you (because this is a very fun job to have) but please do understand you will have a tough life. Also, you might have to move a lot from one team to the other. So if you can’t do that don’t go into this industry.
Enterprise Information Management, Inc. (EIM) is a veteran-owned small business, providing streamlined business process models to assist organizations in building quality information management solutions. Partnering with government and commercial organizations, EIM promotes the entire life-cycle of enterprise transformation, from vision development and strategic planning to the application of technology to reengineered business processes. Since its inception in 1996, EIM has maintained a uniquely strong commitment to customer attention, while building and growing on the successful business model of professionalism and strong ethical values.
Enterprise Information Management, Inc. (EIM) is a veteran-owned small business, providing streamlined business process models to assist organizations in building quality information management solutions. Partnering with government and commercial organizations, EIM promotes the entire life-cycle of enterprise transformation, from vision development and strategic planning to the application of technology to reengineered business processes. Since its inception in 1996, EIM has maintained a uniquely strong commitment to customer attention, while building and growing on the successful business model of professionalism and strong ethical values.
For more information, visit www.eim-usa.com
Duration : 0:5:21
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I go to a small college (3,000), and our org. is about 30 people. We are having a comptetition for the best fundraising idea.
The best way is to get sponsors from businesses, like automotive, electronics such as makers of Ipods,DVD’s,Cell phones etc! Hot ticket items! Get the businesses to sponsor you and donate some of there products for raffling off! Business love tax right off’s for worthy causes.
Great fundraising ways to get the funds you would want, and would have a great turn out too! plus you could do many contest for prizes too! many fundraisers use bingo alot too!
Or you could have a all you can eat of pancakes, they go over very well! and bake sales! Using a few combinations will not only excite people of all ages but have a great turn out as well.
With many funds collected too! Just make sure it isn’t all set up for one certain age group! The more the merrier and success.
Rich Hume, general manager of IBM’s Global Business Partners organization, presented the IBM Beacon Awards to 22 IBM Business Partners in New York City’s Times Square on June 9, 2009. The IBM Beacon Awards recognize the best solutions IBM Business Partners deliver across IBM’s business and around the world.
Duration : 0:9:31
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I honestly believe that whatever business you do, if you hold one principle, this world would benefit alot from it. This principle is bring win win situations to both suppliers, and your employees. It is only through these, royalty and faith slowly develops.
Like food…when you say ur food is sugerfree or zero fat, MAKE it zero fat/sugerfree…suger is fat…
I believe the fundemental principal in business ethics is to be true to your workers, clients, and customers in all your actions. This is the only way to create a sustainable business that customers will love buying services/products from, workers happy working(with reasonable benefits).
My perspective on business ethics.