Corporations

A:

Corporate planning is a strategic tool used by companies to set long-term plans to meet certain objectives, such as business growth and sales volumes. Corporate plans are similar to strategic plans, but place greater emphasis on using internal resources and streamlining operations to achieve certain end goals.

See Full Answer
Filed Under:
  • What are the characteristics of a transnational company?

    Q: What are the characteristics of a transnational company?

    A: The main characteristics of a transnational company arise from the fact that it operates in two or more countries, including in its country of origin. Its business, such as sales, extraction or manufacturing, hence spans multiple countries. Its management system also focuses on a global or regional outlook.
    See Full Answer
    Filed Under:
  • What is corporate planning?

    Q: What is corporate planning?

    A: Corporate planning is a strategic tool used by companies to set long-term plans to meet certain objectives, such as business growth and sales volumes. Corporate plans are similar to strategic plans, but place greater emphasis on using internal resources and streamlining operations to achieve certain end goals.
    See Full Answer
    Filed Under:
  • What are the names of some joint stock companies in India?

    Q: What are the names of some joint stock companies in India?

    A: Indian Oil Corporation Ltd., Tata Motors Ltd., Reliance Industries Ltd. and the State Bank of India are four of the biggest joint stock companies of India. A joint stock company is simply a business entity in which stakes are owned jointly by shareholders and may be traded on the open market.
    See Full Answer
    Filed Under:
  • What is the difference between CEO and CFO?

    Q: What is the difference between CEO and CFO?

    A: The chief executive officer is the highest-ranking overall position in the entire company, while the chief financial officer is the highest-ranking financial position. While both essential positions in any company, there are major differences in the roles each one plays.
    See Full Answer
    Filed Under:
  • What happens to stock when a company is bought out?

    Q: What happens to stock when a company is bought out?

    A: According to The Nest, a company no longer exists as its own independently traded company if it is bought out. Investors who own stocks or shares in the company receive some type of monetary compensation, or they are given a share in another company.
    See Full Answer
    Filed Under:
  • How can I learn if a product has received negative reports or complaints?

    Q: How can I learn if a product has received negative reports or complaints?

    A: Consulting consumer-oriented newsletters or magazines such as Consumer Reports is one way to find out about negative product complaints. Another way is reading online product reviews. Consumer Reports is a respected publication that publishes performance feedback about popular consumer products such as automobiles and blenders. Consumers can also find many product reviews written by other consumers at various online sites that allow commentary.
    See Full Answer
    Filed Under:
  • What is the definition of natural attrition?

    Q: What is the definition of natural attrition?

    A: Natural attrition refers to the natural reduction of a business's workforce due to employees leaving on their own accord. Examples of natural attrition include retirement, relocation or leaving the company to pursue other opportunities at another company or in another industry.
    See Full Answer
    Filed Under:
  • What is the purpose of a finance department?

    Q: What is the purpose of a finance department?

    A: The finance department in an organization oversees financial planning and management activities, including budgeting and forecasting, reporting and compliance, and creation of value. Some of these responsibilities help the organization meet compliance obligations. Others contribute to profit-building for the company.
    See Full Answer
    Filed Under:
  • What is the IBM organizational structure?

    Q: What is the IBM organizational structure?

    A: The IBM company's organizational structure consists of a board of directors responsible for the overall running of the company and board committees that cover specific areas of responsibility. In addition, executive officers take care of hands-on operations and are the voice of the company.
    See Full Answer
    Filed Under:
  • What are Nike's aims and objectives?

    Q: What are Nike's aims and objectives?

    A: Nike is one of the largest manufacturers of athletic apparel and sporting equipment in the world, therefore it has numerous, distinct missions and aims. As with all publicly traded companies, Nike’s first objective is to make a profit for the shareholders.
    See Full Answer
    Filed Under:
  • What are the benefits of international business?

    Q: What are the benefits of international business?

    A: International business fosters rapid growth for companies because they have to meet huge demands and relatively higher standards. As such, companies are pushed to expand and invest in the best tools and technologies to keep up. However, according to Economy Watch, there are also many more benefits.
    See Full Answer
    Filed Under:
  • What is a list of Microsoft competitors?

    Q: What is a list of Microsoft competitors?

    A: Competitors of Microsoft include Apple, Google and Oracle, as of 2014. Microsoft's annual revenues, at more than $86 billion, are higher than Google and Oracle but lower than Apple.
    See Full Answer
    Filed Under:
  • Who is the owner of Pepsi?

    Q: Who is the owner of Pepsi?

    A: Pepsi is a product of PepsiCo, which has a Chief Executive Officer, a chairman and a president. As of 2014, the CEO and Chairman of Pepsico is Indra K. Nooyi. The president of PepsiCo is Zein Abdalla.
    See Full Answer
    Filed Under:
  • Who is the owner of Adidas?

    Q: Who is the owner of Adidas?

    A: Adidas AG is a public multinational company headquartered in Germany and owned by its many shareholders around the world. Adidas stock is listed and freely traded on the Frankfurt Stock Exchange, the largest stock exchange in Germany.
    See Full Answer
    Filed Under:
  • What is the difference between a PLC and an LTD?

    Q: What is the difference between a PLC and an LTD?

    A: A PLC, or public limited company, trades shares publicly on the stock exchange while an LTD, or limited company, trades shares privately. Both have set rules for the buying and selling of shares.
    See Full Answer
    Filed Under:
  • What are the characteristics of a general partnership?

    Q: What are the characteristics of a general partnership?

    A: The basic characteristics of a general partnership include group ownership, personal liability, decentralized management and pass-through federal income taxation. Limited liability of owners for business matters is the primary benefit that is available under other business structures, but it is not characteristic of a general partnership.
    See Full Answer
    Filed Under:
  • How did Starbucks get its name?

    Q: How did Starbucks get its name?

    A: According to the Seattle Post-Intelligencer, the founders of Starbucks named their coffeehouse after the first-mate, Starbuck, in Herman Melville's book, "Moby Dick." Interestingly, Starbucks co-founder Gordon Bowker recalls that the coffeehouse was almost named Cargo House.
    See Full Answer
    Filed Under:
  • What is the vision statement of Nike?

    Q: What is the vision statement of Nike?

    A: Nike doesn't have a vision statement, but it does have a mission statement: "Our Mission: To bring inspiration and innovation to every athlete* in the world. *If you have a body, you are an athlete." According to Nike, the asterisked clarification came from cofounder Bill Bowerman.
    See Full Answer
    Filed Under:
  • How many employees does Coca-Cola have?

    Q: How many employees does Coca-Cola have?

    A: As of December 31, 2013, the Coca-Cola company stated that it had 130,600 employees working directly for the company. If Coca-Cola's bottling partners worldwide are also counted, then the total number of people working for the company is 700,000.
    See Full Answer
    Filed Under:
  • Who owns the Hershey chocolate company now?

    Q: Who owns the Hershey chocolate company now?

    A: As of June 30, 2014, 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:
  • What is an LLC company?

    Q: What is an LLC company?

    A: A limited liability company, or LLC, is a legal business structure registered in a state by a single owner or multiple members. A primary motive for business owners to register an LLC is to create a separate business entity to avoid personal financial liability for business debts.
    See Full Answer
    Filed Under: