Corporations

A:

A company with a name that ends in "inc." is incorporated, giving its owners, officers and investors specific legal advantages. Essentially, these key people in the business have no personal liability in the event that the business fails or assets are seized due to mismanagement or unpaid debts.

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  • What is a "multinational corporation"?

    Q: What is a "multinational corporation"?

    A: A multinational corporation is a company that has an established presence in a country beside its home country. They generally have a headquarters in their home country that centralizes the management of their global facilities.
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  • 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.
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  • What is a compensation strategy?

    Q: What is a compensation strategy?

    A: A compensation strategy is a plan that dictates how employees are paid and rewarded for their work. These ideas are based on the current market for people with the same skills and the overall available funding a corporation is able to expend on payroll. Compensation strategy is also a means of motivation and incentivization that increases the value of general payroll systems.
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  • Who makes toothpicks?

    Q: Who makes toothpicks?

    A: With an annual production of 8 billion toothpicks, Minnesota-based Diamond Brands is the only company still making toothpicks in the United States, as of 2007. China and Southeast Asian nations produce large quantities of toothpicks and ship them around the world.
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  • What does it mean to be a Neilson family?

    Q: What does it mean to be a Neilson family?

    A: To be a Nielsen family means a household is part of a panelist system that is used to determine how many people watch television and in what way. It is how the TV industry gets what is known as Nielsen ratings.
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  • How much does a CEO make?

    Q: How much does a CEO make?

    A: According to the U.S. Bureau of Labor Statistics, the median annual wage for a chief executive officer was $168,140 in 2012. The hourly wage this corresponds to varies because CEOs do not usually adhere to a standard 40-hour work week.
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  • 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.
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  • What is Taco Bell's mission statement?

    Q: What is Taco Bell's mission statement?

    A: Taco Bell's full mission statement is "We take pride in making the best Mexican style fast food providing fast, friendly, & accurate service. We are the employer of choice offering team members’ opportunities for growth, advancement, & rewarding careers in a fun, safe working environment. We are accountable for profitability in everything we do, providing our shareholders with value growth.”
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  • What was Sam Walton's net worth?

    Q: What was Sam Walton's net worth?

    A: Sam Walton, founder of the American retail stores WalMart and Sam's Club, was estimated to have had a net worth of $62.1 billion in 2008 U.S. dollars at the time of his death in 1992. He was named the world's richest man by Forbes in 1985.
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  • What is a principal officer in a corporation?

    Q: What is a principal officer in a corporation?

    A: A principal officer is usually a manager in a corporation who is authorized to exercise some corporate powers, such as signing contracts and making major business decisions. Corporate law distinguishes officers from regular employees because officers have a greater responsibility to conduct the business of the corporation.
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  • How long can companies try to collect a debt?

    Q: How long can companies try to collect a debt?

    A: Companies can try to collect a debt almost indefinitely, according to the Federal Trade Commission. However, in practice they are unlikely to be successful after the statute of limitations, allowing them to sue you in order to collect that debt expires. These statutes of limitations vary from state to state.
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  • How much money does Disney make?

    Q: How much money does Disney make?

    A: At the end of the 2013 fiscal year, the Walt Disney Company reported taking in a total of $11.57 billion in the fourth quarter for an overall profit of $1.39 billion for the quarter. As of May 2014, the Walt Disney Company was worth approximately $143 billion.
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  • When was Colgate made?

    Q: When was Colgate made?

    A: Colgate, the business, began in 1806. As published on Colgate’s corporate website, the brand started out as starch, soap and candle company in New York City. The toothpaste was first introduced in 1873.
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  • Who is the owner of Nokia?

    Q: Who is the owner of Nokia?

    A: Being a publicly traded company, the ownership of Nokia is spread across multiple shareholders from around the world. As of 2013, Nokia reports that its total number of outstanding shares is just above 3.7 billion. These shares are owned by individual, institutional and sovereign investors.
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  • Why does the Apple logo have a bite?

    Q: Why does the Apple logo have a bite?

    A: The apple logo for Apple Inc. has a bite taken out of it to distinguish it from a cherry. According to the logo's original designer, Rob Janoff, the bite is also intended to remind people of a common, cross-cultural experience, the biting of an apple.
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  • What is the KFC vision statement?

    Q: What is the KFC vision statement?

    A: As of 2013, the KFC mission or vision statement was as follows: "To sell food in a fast, friendly environment that appeals to price conscious, health-minded consumers." KFC's major competitors include Wendy's, Subway, McDonald's and Burger King.
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  • How do you shop online at H&M?

    Q: How do you shop online at H&M?

    A: H&M customers may shop online by visiting the H&M website and adding items to their virtual shopping bag. Orders require a valid U.S. billing and shipping address, and customers must provide payment information. Orders may be edited as many times as necessary before the final checkout is completed.
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  • 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.
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  • What is a Fortune 50 company?

    Q: What is a Fortune 50 company?

    A: A Fortune 50 company refers to the 50 most prosperous and progressive organizations in the world. These companies make the most revenue and hold greater sway over the world's finances than any other businesses. The top 50 organizations in the Fortune 500 listing are given this auspicious title.
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  • How much money do casinos make per day?

    Q: How much money do casinos make per day?

    A: Although it is impossible to determine how much any particular casino makes each day due to variables such as size, location and number of visitors, the mean intake of a casino each day is about $73,000.
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  • Where is the Pizza Hut corporate office?

    Q: Where is the Pizza Hut corporate office?

    A: The Pizza Hut corporate office is located in Louisville, Ky. Pizza Hut is owned by Yum! Brands, Inc., which also maintains a corporate headquarters in Louisville.
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