Sears Holdings Corporation

pull responsibility from themselves, they often do things that are questionable for the better of the company. For instance, the individuals that made decisions on behalf of the fallen company Enron, likely made decisions behind the veil of the corporation; furthermore, those decisions negatively affected those that invest in the company and those that worked there. There are many insights gained by looking at Enron such as the vital role that top management leadership plays in the…

Pipeline Development and Management Prior to OAI’s engagement, all of the existing Partnership Directors and the Interim Chief of Partnerships had large individuals large prospect lists, which included current sponsors, active prospects, disqualified prospects, and names of potential prospects with no current activity. Each Director managed their list separately. Directors worked towards the team revenue goal, but did not have an established individual goal. Moreover, there were no activity…

even though both partners are personally (and equally) liable for the company’s debt and expenses. A corporation declares the company as an individual entity and protects the owner of the company if it failed (not responsible for the debts). I would suggest starting a business as a sole-proprietor until the business started earning large profits, then I would register the company as a corporation for the limited-liability benefits offered. The most appealing aspect of upgrading to a LLC company…

What is organizational culture? Is organizational culture important? And does organizational culture improve companies’ effectiveness? Answer is yes, of course. Organizational culture consists of the values and shared assumptions for a company. It tells employees what are right things to do and what are wrong and should avoid those bad consequences happen. Organizational culture affects employees’ behaviors invisibly and improves employees work effectiveness. “Culture is the most precious…

and has been in the last number of years. Corporate greed is in fact good, there are multiple successful people that have aided humanity by their greedy decisions and actions. The world will always be in demand of new and improved items that only corporations…

When President Barack Obama signed Executive Order 13583 (2011), establishing a government-wide initiative to promote diversity and inclusion in the federal workforce, he set the standard for all corporations in America to recruit, hire, and retain a competitive and diverse workforce (para. 1). While diversity in business has been proven advantageous, as it brings a wide selection of backgrounds, talents, and perspectives to the table, we have yet to see that advantage fully translate to the…

There are many different types of business to consider when an individual starts their own business. The three main types are a Sole Proprietorship, Corporation and a Limited Liability Company. There are also many areas of business that an individual could pursue. Personally, if I could open my dream business it would be an equine (horse) boarding business ran by my husband and I. This business would involve the boarding of horses for extended periods, giving them quality care while their…

choices to minimize the tax fees. Shareholders in LLC have limited liability. (Section 97 of Companies Act 1993). Limited liability protects the personal assets of a shareholder from claims made against the corporation and protecting shareholders from liability for the acts of the corporation (Broemmel, n.d.). The LLC business has separate legal entity (Section 15 of Companies Act 1993) Salomon v Salomon (1897). This mean obligations and property are its own and not those of its participants.…

diligence and the duty to prevent insolvent trading have not helped to prevent companies going into insolvency. The reasons are outline below. Explanation Directors have duties to ensure best interests of the company as whole including creditors. Under Corporations Acts, directors are required to act with reasonable care and diligence and prevent insolvent trading. Certain statutory duties of care, skill and diligence was laid down in s107 of it Companies Act by…

seen many similarities with the society depicted in Jennifer Government by Max Barry. Jennifer Government is staged in a society where the wealthiest corporations have taken over the planet and have formed their own society. As well as that, they have made a huge impact in the human nature and the lifestyle of people. Also, the movie The Corporation by Mark Achbar explores the goals and motives of companies presented in modern day society and how they are fooling the public. The movie as well…