Entity

Classified boards may be effected through provisions in a corporation’s certificate of incorporation or in a corporation’s bylaws. Effecting a classified board in the certificate of incorporation maximizes protection to the board because it is more difficult to remove the classified board provision and declassify the board effected in a charter than in a corporation’s bylaws . If a corporation’s certificate of incorporation contains a provision classifying the board of directors,…

Todos os Mercados case study Let’s start by introducing this company, and talk about our dear friend Henry Trouvé who will be mentioned later. So this company, named TM which stands for Todos os Mercados, which is a multinational company meaning that they operate in several companies all over the world. It is also a private limited company. A type of special trading company: which has limitation of the liability of the partners to the amount of their contributions and features of a partnership.…

1. a) Three types of firms are: • Oligopoly- small groups/firms/businesses that manage a particular market. In this type of firm, usually 2 firms or more controls the market e.g. Banks and WASA. Characteristics of oligopoly are 1) run by smaller firms that is usually small but not smaller than the market. 2) Not easy to enter in that there are certain things to be done before you can enter 3) These firms have a tendency to sell the same or different products/services 4) Use a…

In economic theory normal profit is referred as the minimum level of profit necessary for a firm survival in that line of business. This level of profit enables the firm to incur all its running cost of business. However Accountant calculation is rather different because calculation of profit is based on numerical of past monetary costs and revenues and makes no reference to the concept of opportunity cost. Normal profit arise where Average revenue = Average total cost. Normal profit…

American scholar Colin Geikelsi believes that a judgment of whether the enterprise is a family business, not to see whether the enterprise with the family name, or whether there are several relatives in the top leadership of the enterprise, but to see whether there is a family owned, general who owns stocks and have many. This definition emphasizes the ownership of enterprises. Scholars Sun Zhiben will have the right to operate the enterprise as the essential characteristics of family business.…

Finish Line Incorporated is an American-based athletic footwear and fashion retail chain. The company also sells accessories ranging from socks, laces, and hats to shoe cleaner, insoles, and sports gear. Being my favorite sneaker store, Finish Line Incorporated retail stores are found across America located in 47 states operating over 660 stores. Now being a corporation, Finish Line’s roots began in 1976 among three friends who wanted to create a store that held the newest athletic footwear.…

Question from Chapters 5,6,7,8 1. What UML diagram types do you need to represent the essential features of a system? A. Activity diagrams, which show the activity that make up a system process and the flow of control B. Use case diagrams, which show the interactions between a system and its environment. C. Sequence diagrams, which show interactions between actors and the system and between system components. D. Class diagrams, which show the object classes in the system and the…

RV Consignment versus RV Rental Meta: RV consignment companies versus an RV rental share company where you're in control. As an owner, you'll be able to make your own rules with an RV share company. RV Rental Consignment An RV trader can offer rental consignment agreements to RV owners who don't want to place their coach in storage. With a growing number of people buying an RV or wanting to experience the RV lifestyle, there are more and more families buying campers, trailers and…

When it comes to relationships, Holden is a paradox in creating them. He often finds himself ostracizing the people surrounding him, believing that they are “phony” and spurious. While encountering numerous people during his three day journey, “he remains fundamentally withdrawn and isolated … most of his interactions are superficial, and many of his relationships are insincere” (Evans). Because of this, Holden fails at forming authentic relationships, being contradictory to his words and…

Partners in Business How does a partnership stay structured? Do you ever just sit there planning the name of your business you and your best friend are going to own once you both grow up? It should be a cupcake store…or a candy store…even better both! You both are going to be the best partners ever! If you are thinking that think again or at least think a little farther. Yes there is a possibility of that happening, but then there is a possibility that it won’t. All I’m saying is there is a lot…