Types of business entity

coverage. Personal lines cover individuals and families while commercial lines protect business firms, nonprofit organizations and government agencies. Insurance is defined as the equitable transfer of the risk of a loss, from one entity to another in exchange for a payment. Any risk that can be quantified can potentially be insured. Life insurance, health insurance and property and casualty insurance are several types of insurance that are available today. An insurer, or insurance carrier, is…

Jiacheng Xu MGMT4500 06/03/2017 Section I: factors affecting the development of online gaming: Firm strategy A Strong policy is all the programs and activities that a company has put in place to ensure that they maximize their presence in the market, increase sales while they decrease input so that they have not only high profits but also have good penetration in the new markets (Elias and Dubina, p.84). For the online gaming case, if the firm will put in place strategies for its sale for…

Piggyback Loan is a term used in home financing and mortgages. It 's a financing option that allows the borrower to purchase property using two different lenders. When applying for a piggyback loan the lender usually offers three different options: the 80-20 loan, the 80-15-5 loan and the 80-10-10 loan. All three financing options allow you to finance 80% of the home 's purchase price through the first lender and a portion or the rest through a second lender. With the 80-20 loan the remaining…

Theodore Levitt coined this term in 1960 for the Harvard Business Review. Not only did he coin the term, but is now considered the grandfather or structure of Marketing Myopia as used today. Born March 1, 1925 in Germany, Levitt who was a then lecturer in business administration at the Harvard Business School (H.B.R. 1960), was also the editor for the Review. His Marketing Myopia article in the paper is still a relevant piece within the business community. As mentioned above in the article, it…

When doing international business, cultural characteristics, behaviors, and attitudes are quintessential with regards to the success of the business interaction and relationship. Like all countries, Russia has a unique set of cultural, social, political, and economic traits that determine the way business and other interactions are viewed and carried out. Due to the nature of Russia’s autocratic and Communist history, Russia is now seen as a country of cultural contradictions. After the fall of…

through many different aspects of finances. There are different departments in accounting such as managerial accountant, or tax account, and even government accountant. “Accountants and auditors perform overviews of the financial operations of a business in order to help it run efficiently” ("Accounting is About More than Crunching Numbers: Learn What Other Duties an Accountant Holds"). Accounting isn’t something easy. He or she will have to know how to calculate numbers and check every step…

their organizational culture has attributed to the great success of the business, as well as generating extreme loyalty of their employees, not only to the business, but to each other as well. At Lincoln Electric, my analysis concluded evidence of several types of organizational culture that seamlessly work together, creating a hybrid organizational culture that has made Lincoln into a highly successful with a sustainable business model. There seems to be a strong focus on the employee at…

determine the factors that maintain the current condition of statelessness. An important aspect of this exercise is to highlight the differences within the region embodied by the legal unit of Somalia. Located in the North of the country, two major entities have developed, Somaliland and Puntland, in stark contrast to southern and central Somalia which “are marred by violence and the absence of effective political order.” This disparity between a merely functioning and existing with or without…

has similarly deteriorated in importance, mainly after 1999 as the Somali business community has withdrawn its support.” Then he pursues stating that, the latter have shifted away from the war economy of 1988-1992 era. This to participate in more ordinary business to which criminality and instability are “liabilities rather than assets.” And finally concludes, “(3) Risk-averse actors, including both political and business communities stand loose more from the establishment of a state than from…

reader through the involvement with the ‘datum’. The philosohy of organism presume that a datum which is met with feelings and progressively accomplish the unity of a subject. Yet the point to consider here is not that there are no readers as actual entities. As a matter of fact, library is the place par excellence to be occupy by readers. Nonetheless people are not interested in the abstract conviction of the reader that has already become or the story that has been written. However the process…