Hearst Corporation

Being An Entrepreneur What is an Entrepreneur. It mean that a person are willing to take the risk and develop themself to change their current life to become even better to compete against global market. A person don’t need a high qualification or a super smart brain, all he need to do is create something that will makes money. They will first set up a small business given all his idea, innovation, or money to make it become better, and served they customers with their best service.…

Discuss the significance of the case AG Seurities v Vaughan. In the two cases tried together, the House of Lords reasoned that having exclusive possession of a bedroom is not enough to form a tenancy and in addition a tenancy cannot be treated as a license in relation to a section which disputes the nature of the agreement. In AG Securities v Vaughan four people were to share a flat with three other people in favour of the landlord after they had signed the lease. The lease agreement was…

STAKEHOLDER THEORY v/s SHAREHOLDER THEORY Since many years ago, from the age of globalization, the Great Depression, amongst other memorable historical events till today, the purpose and role of business has been subject of debate. (Post et al, 2002). Much of the debate has focused around two hierarchal positions; namely, The Shareholder Theory and The Stakeholder Theory. (Rugimbana et al, 2008). The Shareholder theory is regarded as the classical approach to business, that is, an organization’s…

CORPORATE STRATEGY There are three types of strategies use by organization which are corporate strategy, competitive strategy, and functional strategy. Top level managers are responsible for corporate strategy, middle level managers are responsible for competitive strategy and lower level managers are responsible for functional strategy. Here we will discuss what is cooperate strategy. A corporate strategy is the direction an organization takes with the objectives of achieving business success…

Business Etiquette Business etiquettes encompass the various prescriptive elements of a culture which include verbal & non-verbal communication, communication styles, preferred speaking distance, dress & demeanour and the interpretation of time. The knowledge of a country’s business etiquettes not only helps managers in carrying out business transactions with ease but also earning the trust of their partners [1]. The French have formal rules covering each aspect of a business meeting described…

other partners but they still will be liable of the general liabilities of the company. The other type of the partnership is the limited liability company (LLC) which looks like corporation in its characteristics and it’s the only business structure that give its members the flexibility to be taxed as partnerships or corporation if they are more than one , if the company have only one member it could not be taxed as partnership.…

Friedman and Mulligan present two different views on the value and importance of Corporate Social Responsibility (CSR). Which approach to CSR is closer to your own views? Justify your answer. If both or neither? Justify your answer. The term business is described as “the activity of making, buying, or selling goods or providing services in exchange for money” (Merriam-Webster, 2015). Human kind has been establishing businesses since their existence in the world. In order to understand what…

Abstract We compare general corporate governance principles, guidelines and existing legislation relative to business, specifically in the financial industry, with Mr. Warren Buffett's corporate governance principles and applications in his company, Berkshire Hathaway. Then we consider best practices about leadership succession and compare them with the approach at Berkshire Hathaway. Business succession of Mr. Buffett being an important issue to which a clear path has not been presented…

The term “irresponsible management” is complex to explain. A simpler way is to consider what a manager should do that is “responsible management” which can be defined as business decisions being made with taking into the interests of shareholders as well as stakeholders with the intention to balance the wellbeing of the entire world (environment, people, businesses) (Armstrong, 1977). Therefore, irresponsible management is about business decision making that involves a gain by shareholders at…

Dorman v. International Harvester Co. Court of Appeal of California 1975 Summary: In 1975 William Dorman (plaintiff) purchased a tractor from International Harvester Company (defendant) that required Dorman to sign a “Retail Installment Conditional Sales Contract.” That contract encompassed two key aspects of the sale, the first being a disclaimer of the implied warranties of merchantability while the second was a fitness for particular purpose. The conflict lies in the placement of the…