Business & Finance

A:

Switzerland's strict privacy laws make it difficult to see who holds an account there, making Swiss bank accounts ideal for those who are trying to hide money. In other words, Switzerland makes an excellent tax shelter for those who want to keep their money in a bank but don't want to pay taxes for it.

See Full Answer
Filed Under:
    • What Is Risk Management?

      Q: What Is Risk Management?

      A: Risk management is a process used by organizations to identify, assess, manage and prioritize different risks associated with operation. After a risk is identified, the risk manager must develop a plan to minimize or reduce the impact of it. Managers must access and prioritize risks in order to prevent potentially damaging events. Depending on the business or organization, there are specific strategies to manage individual risks.
      See Full Answer
      Filed Under:
    • What Is a Tender Document?

      Q: What Is a Tender Document?

      A: A tender is usually publicly announced to suppliers for the needs of services or products. The tender document contains the necessary application papers and informs of additional information that the suppliers must deliver in order to apply for the tender and enter the selection process.
      See Full Answer
      Filed Under:
    • What Is the Definition of Business Administration?

      Q: What Is the Definition of Business Administration?

      A: Business administration covers all facets of managing day-to-day operations and decision making for a company or nonprofit organization. It includes efficient organization and management of employees and other resources to focus operations toward organizational goals.
      See Full Answer
      Filed Under:
    • What Are Normal Working Hours?

      Q: What Are Normal Working Hours?

      A: A typical, full-time work week consists of no more than 40 hours per week, usually from 9 a.m. until 5 p.m., as defined by the U.S. Department of Labor. Any extra hours are subject to overtime pay.
      See Full Answer
      Filed Under:
    • How Often Are You Entitled to Take a Break at Work?

      Q: How Often Are You Entitled to Take a Break at Work?

      A: Employees may or may not be entitled to a break at work depending on where they live. Break periods and mealtimes are not mandated by federal law in the United States, as of 2014. Some states have implemented laws requiring that workers be given certain break periods.
      See Full Answer
      Filed Under:
    • What Is a Presentation Package?

      Q: What Is a Presentation Package?

      A: A presentation package is a software program that provides the resources necessary to give a professional presentation for meetings, lectures, speeches or other similar situations. Displays often include slideshows, and other customization options that can be tailored to the presenter's specific needs.
      See Full Answer
      Filed Under:
    • See More Business Resources Questions
    • What Is Teacher Education?

      Q: What Is Teacher Education?

      A: Teacher education refers to the process by which a person attains education or training in an institution of learning in order to become a teacher. Teacher education equips pre- and in-service teachers with the professional knowledge and skills necessary to educate others in general or specialized subjects.
      See Full Answer
      Filed Under:
    • What Is the Definition of a Med Tech?

      Q: What Is the Definition of a Med Tech?

      A: Med techs, also called medical technologists, help analyze body fluids and collected specimens for doctors and others in the medical industry. Medical technologists work in a variety of locations, including hospital labs, doctor’s offices, outpatient facilities and in university and government research facilities. They play important roles in helping make accurate diagnoses, which in turn allows doctors and pathologists to determine an appropriate course of treatment.
      See Full Answer
      Filed Under:
    • What Is the Job Description of an Environmentalist?

      Q: What Is the Job Description of an Environmentalist?

      A: An environmentalist helps the general public learn how to make the best decisions regarding the use of natural resources. Environmentalists also study the best ways to protect the environment from harmful pollution and other contaminates.
      See Full Answer
      Filed Under:
    • What Is Mechanical Engineering?

      Q: What Is Mechanical Engineering?

      A: Mechanical engineering is the branch of engineering that deals with design, construction and use of machines. Mechanical engineering can be used to build small individual parts or giant systems.
      See Full Answer
      Filed Under:
    • How Many Jobs Are There in the World?

      Q: How Many Jobs Are There in the World?

      A: The population of the world is 7.2 billion, and about 70 percent of people in the world are working. This gives a staggering figure of about 5 billion jobs in the world. This number is expected to rise as younger people enter the labor market.
      See Full Answer
      Filed Under:
    • What Do You Call a Person Who Studies Dinosaurs?

      Q: What Do You Call a Person Who Studies Dinosaurs?

      A: A person who studies dinosaurs is known as a paleontologist. A paleontologist uses fossil records, which are traces of organisms in the Earth's crust, to study life that lived in the past. Using fossils, paleontologists form theories about the Earth's history, the organism's identity and its previous living environment.
      See Full Answer
      Filed Under:
    • See More Careers Questions
    • What Is the Nokia Mission Statement?

      Q: What Is the Nokia Mission Statement?

      A: Nokia's mission statement, "Connecting People," has guided the company for more than two decades. The company focuses on trying to connect people through phones and the Internet.
      See Full Answer
      Filed Under:
    • What Is an Example of a Testimonial?

      Q: What Is an Example of a Testimonial?

      A: A testimonial is a broad type of confirmation or support for something, and they often sound a lot like this: "This is the best sandwich I've ever had! Eat here." It can also be confirmation of a truth or affirmation. It can be written or spoken aloud.
      See Full Answer
      Filed Under:
    • Are There Any Bank of America Branches in the Philippines?

      Q: Are There Any Bank of America Branches in the Philippines?

      A: Bank of America has a branch in the Philippines in the city of Manila. Manila is the capital and largest city of the country. Bank of America has locations in 12 countries and territories within the Asia Pacific region.
      See Full Answer
      Filed Under:
    • Who Owns EBay?

      Q: Who Owns EBay?

      A: As a publicly traded company, eBay is owned by stockholders. The founder of eBay is Pierre Omidyar, who is the largest stakeholder in the company, with over 105 million shares as of February 2014. John Donahoe is eBay's CEO.
      See Full Answer
      Filed Under:
    • What Are the Functions of Financial Institutions?

      Q: What Are the Functions of Financial Institutions?

      A: Financial institutions provide financing, facilitate economic transactions, issue funds, offer insurance and hold deposits for businesses and individuals. Financial institutions are private or public organizations that serve as an intermediary between savers and borrowers of funds. The two primary types of financial institutions are credit unions or depository banks and non-depository mutual funds and insurance companies. Banks and equity markets are the fundamental institutions in most financial systems.
      See Full Answer
      Filed Under:
    • Who Owns the Hershey Chocolate Company Now?

      Q: Who Owns the Hershey Chocolate Company Now?

      A: The Hershey Trust Company is the shareholder with the greatest number of shares, making it the owner of the company. The Hershey Company, formerly known as the Hershey Foods Corporation, Hershey Chocolate Corporation and Hershey Chocolate Company, is an investor-owned public corporation.
      See Full Answer
      Filed Under:
    • See More Corporations Questions