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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  • How many Barbie dolls have been sold since 1959?

    Q: How many Barbie dolls have been sold since 1959?

    A: According to the Washington Times, Barbie manufacturer Mattel does not know precisely how many dolls have been sold since 1959, but sales figures number in the billions. Every three seconds a Barbie doll is sold somewhere in the world.
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  • Can a kid own a business?

    Q: Can a kid own a business?

    A: According to the Houston Chronicle, there is no minimum age requirement to join a limited partnership or start a sole proprietorship. However, most states require corporation owners and members of limited liability companies to be of legal age.
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  • What programs does Paul Mitchell Cosmetology School offer?

    Q: What programs does Paul Mitchell Cosmetology School offer?

    A: Some of the programs offered by Paul Mitchell Cosmetology School include the skin academy, the nail academy, barbering and cosmetology. Paul Mitchell Cosmetology School has 104 locations throughout the United States.
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  • What is the role of a board secretary?

    Q: What is the role of a board secretary?

    A: According to the American Association of Physics Teachers and About.com, board secretaries for nonprofits and corporations maintain institution records, organize meetings, take minutes and keep track of organizational deadlines. The board secretary’s role is much like an executive assistant’s role in an office setting. Board secretaries gain the position either through an election of a board or as an extension of administrative duties from another role within the organization.
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  • Who owns Google?

    Q: Who owns Google?

    A: Google is a publicly traded company owned by a group of shareholders. Founders of Google, Larry Page and Sergey Brin, own most of the shares of the company.
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  • How much is Disney World worth?

    Q: How much is Disney World worth?

    A: The Orange County Property Appraiser's office for Orange County, Fla., assessed the value of Walt Disney World at just over $1.3 billion in 2011. This figure includes the land, buildings and other physical improvements located in Disney World's six theme parks, but the figure does not include the value of the venue's personal property or intangible assets. Walt Disney World is the most valuable property in the state of Florida.
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  • What country are Samsung products made in?

    Q: What country are Samsung products made in?

    A: Samsung products are manufactured all over the world. Samsung is the parent company of over 78 corporations globally, and the company is headquartered in South Korea.
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  • What are Enbridge pipeline projects?

    Q: What are Enbridge pipeline projects?

    A: According to the company, Enbridge has several North American pipeline expansion projects in the works as of 2014. These include the Big Foot oil pipeline, the Athabasca pipeline twinning project, the Edmonton to Hardisty pipeline project and the Flanagan South pipeline project. Additional pipelines being managed by Enbridge are the Line 78 pipeline project, the Line 79 pipeline system project, the Norealis pipeline project and the Norlite diluent pipeline project.
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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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  • How did Calvin Klein get started?

    Q: How did Calvin Klein get started?

    A: In 1962, Calvin Klein was enrolled at the Fashion Institute of Technology in New York City and worked as a design apprentice under Dan Millstein for $75 a week. For five years, Klein spent time designing at various shops in New York. In 1968, at the age of 26, Klein took $2,000 of his own money and a $10,000 loan from his friend Barry Schwartz to start Calvin Klein, Ltd.
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  • What is the slogan for Volkswagen?

    Q: What is the slogan for Volkswagen?

    A: As of 2014, Volkswagen's current slogan is "Das Auto," which means "The Car" in German. The car company launched this new slogan in 2007 at the Frankfurt Motor Show.
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  • Who owns the Walt Disney company?

    Q: Who owns the Walt Disney company?

    A: The Walt Disney Company is a publicly traded corporation owned by its shareholders. The Laurene Powell Jobs Trust, run by Steve Jobs' widow, is the largest stockholder, owning 7.27 percent of the shares.
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  • Does Bill Gates own any part of Apple?

    Q: Does Bill Gates own any part of Apple?

    A: There is no mention of Bill Gates owning even a small portion of Apple in either his About.com or Wikipedia entries. This means that, unless this is a topic that has not been brought to the public, Bill Gates does not own any part of Apple.
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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 are the McDonald's characters' names?

    Q: What are the McDonald's characters' names?

    A: The main McDonald's characters include Ronald McDonald, Grimace, Hamburglar, Birdie the Early Bird and the Fry Kids. Other prominent characters in the past included Mayor McCheese, Officer Big Mac, The Professor, Captain Crook and Sundae. The characters were used as part of advertising and marketing for McDonald's from the 1970s through the 1990s. With the exception of Ronald McDonald, all the other characters were gradually phased out of use.
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  • How do pawn shops work?

    Q: How do pawn shops work?

    A: According to the National Pawnbrokers Association, pawn shops primarily deal in secured, short-term loans where a customer's belongings are used as collateral. Many pawn shops also offer retail services and buy and resell items.
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  • What happened to Pan Am Airlines?

    Q: What happened to Pan Am Airlines?

    A: Once the largest international air carrier in the United States, Pan American World Airways collapsed following bankruptcy in 1991. It was founded in 1927 as an air mail and passenger service from Key West, Fla. to Havana, Cuba.
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  • How do you start a Starbucks franchise?

    Q: How do you start a Starbucks franchise?

    A: Starbucks Corporation does not offer new franchise opportunities for its stores. However, it provides franchises for Seattle’s Best Coffee, which is a wholly owned subsidiary of Starbucks.
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  • What are corporate goals?

    Q: What are corporate goals?

    A: Corporate goals are statements that outline an overall company vision that includes an operating philosophy and specific objectives. Corporations set goals to provide direction to management and employees. Clear goals allow companies to communicate expectations and provide a blueprint for decision making.
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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 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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