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What were two major goals of corporations?

The main goal of a corporation is to make money. Next, corporations should ensure that their customers are satisfied with they products.


What are the features that distinguish a multinational corporation?

A multinational corporation (MNC) is a firm that operates across products, markets, and cultures. It consists of the parent company and a group of subsidiaries. the subsidiaries are geographically dispersed and each may have its own unique goals, policies, and procedures.


Trading your own funds in your corporation?

Trading your own funds within a corporation can offer several advantages, such as potential tax benefits and liability protection. It allows for greater control over investment decisions and may enable the corporation to take advantage of market opportunities more swiftly. However, it's essential to comply with regulatory requirements and maintain clear documentation to avoid potential legal and financial repercussions. Additionally, balancing personal and corporate interests is crucial to ensure that trading activities align with the overall goals of the corporation.


Is my corporation an S corporation or a C corporation?

To determine if your corporation is an S corporation or a C corporation, you need to check with the IRS. S corporations have specific eligibility requirements and must file Form 2553 to elect S corporation status. C corporations are the default classification for corporations that do not elect S corporation status.


Who is responsible for a corporation debt?

the corporation

Related Questions

What is the goals of a Corporation?

The goal of a corporation is to maximize profits. Furthermore, the goal of a publicly traded corporation is to maximize value for its shareholders.


Difference between corporate planning and strategic planning?

Strategic planning is also known as business planning. This is the plan that the corporation comes up with, and the goals they would like to meet. Corporate planning refers to the strategies that will be followed by employees to help meet the corporation's goals.


Who did target corporation lunch aprogram called start somthing to guide students to set life goals?

oprah winfrey


Whom did target corporation launch a program called start something to guide students to set life goals?

tiger woods


Should individuals within a corporation be held liable for that corporations wrong doings if the corporation causes its agents to violate the law through the corporation's goals rules and policies?

Yes f course. it is an individuals reponsibiliy as a citizen of the country to report any illegal prractices and/or wngoings. plus its just moral.


What were two major goals of corporations?

The main goal of a corporation is to make money. Next, corporations should ensure that their customers are satisfied with they products.


Top five companies mission vission objective and goals in India?

The top five companies according to mission, vision, objectives and goals in India are The Tata Group, Indian Oil Corporation, Biocon, Reliance, and Infosys.


What retail shops sell backyard soccer goals?

Some retail stores that sell backyard soccer goals include, Wal-Mart, Target, Macy's, Home Depot, Costco Wholesale Corporation, Sears, and Canadian Tire.


What are the features that distinguish a multinational corporation?

A multinational corporation (MNC) is a firm that operates across products, markets, and cultures. It consists of the parent company and a group of subsidiaries. the subsidiaries are geographically dispersed and each may have its own unique goals, policies, and procedures.


What are powers and responsibilities of the top management of a corporation?

They represent the corporation to the state and federal governments


Who appoints the CEO of a corporation?

The CEO of a corporation is typically appointed by the board of directors. The board evaluates candidates based on their qualifications, experience, and alignment with the company's goals. Once a suitable candidate is identified, the board formally approves the appointment, often through a vote.


What is defined in the corporate strategy?

Corporate strategy is when the direction of a corporation cooperates with its various business operations work to achieve particular goals. Corporations prefer this strategy over others.