S. Truett Cathy

I chose to write my paper on S. Truett Cathy, because as you will see, he is one of the great pioneers of the hospitality, and foodservice, industry. From a very young age, Samuel Truett Cathy (“Truett”) realized that providing excellent customer service was the heart and soul of any good business model. He set out to accomplish his goals, and with some ups and downs along the way, built the second-largest quick-service chicken restaurant chain in the United States. S. Truett Cathy is an gifted businessman, author, Presidential Volunteer Service Award winner, and philanthropist; he also embodies the very meaning of exceeding guest expectations. Samuel Truett Cathy grew up poor in Eatonton, Georgia, a city that at the time of his birth, had…

Measurement Schein (2010) posited that although the impact of the individual founder’s values and principles on the tacit basic assumption of organizations tend to fade with time, some may linger on across many generations. For example, the strong personal values and religious principles of Chick Fil-A’s founder S. Truett Cathy defined the organization’s practices even after a change in leadership (Davis & Lucas, 2007). Schein (2010), suggested that a good measure of individual (founder and…

“Each person’s destiny is not a matter of chance; it’s a matter of choice. Truett Cathy had a long life because he was obedient and sit the stand for his life. Within our ministry for boys, one of the books we adopt is Truett Cathy’s “It’s better the build boys, than mend men.” In Cathy’s book, he gives several stories about his life as an obedient son. Even though his father was not the man who would tell him he loved him, he was a man who did not drink nor smoke. His father did not have a…

Founder of Chick-fil-A Samuel Truett Cathy stated himself, “Nearly every moment of every day we have the opportunity to give something to someone else – our time, our love, our resources. I have always found more joy in giving when I did not expect anything in return.” Truett Cathy was a Baptist and part of most religious is helping people that are in need and simply just being able to be there for others . This could just be seen as Cathy’s Baptist beliefs that caring for other is a part of…

A taxpayer is able to choose from three different tax structures upon forming his or her business. These three different businesses are known as partnerships, “C” corporations and “S” corporations. For methods of incorporation, the internal revenue code dictates a business entity on how they can benefit the taxpayer in the most tax efficient way. The main objective for a business entity and its owners or shareholders is to start a business that fits the owner’s needs and to avoid paying more…

Sally Moolchan Tax Issue What are the tax consequence of distributions as applied to partnership, S corporation and C corporation? Conclusion The United State Internal Revenue Code was created to combine all the various laws relating to tax revenue into one concise document. It provided a simplify tax system for individual and business taxpayer. These tax codes help in determining the amount of tax you are required to pay and provide the basis for everything on your tax return. The IRC provided…

to the provisions of Act 23, Public Acts of 1993. Type the duration of the LLC unless it is perpetual. Information mentioned in Article III is vital for defining the lifespan of the LLC. Article IV requires input of the name of the registered agent located at the registered office of the limited liability company. Proceed with entering the street address, city, and the zip code of the registered office. Write the mailing address in the subsequent line if different from the registered address of…

The 1950s was a great success for the civil rights movement; there were a number of developments which greatly improved the lives of black people in America and really started the civil rights movement, as black people became more confident and willing to fight for their cause. The first big development of the ‘50s came almost immediately at the turn of the decade, when the Supreme Court essentially overturned the verdict reached in the Plessy vs. Ferguson trial of 1896. Thanks to the NAACP…

Another issue that needs to be considered for an S-Corp with substantial E&P is the passive investment income tax under §1375. This section applies specifically to an S-Corp that has carryover E&P from the period it was a C-Corp. If the gross passive investment income, including interest, dividends, certain types of rent, etc., exceeds 25% of gross receipts, the S-Corp may be subject to the tax on its net passive investment income. This section does not apply if the S-Corp does not have any…

same as people and our actions can consume us; we have to fight it everyday. Everyone has these battles between their guilty pleasures and self interest as people but if we follow a path of god we can find common ground. For knowledge, since you may not have any knowledge of who Heironymus Bosch is I will inform you of where he came from and his background on his painting skills. He gets his painting background from Jan van Aken his grandfather who was a painter, and was an advisor for the local…