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Corporations are stand alone perpetual legal entities whose 'western' legal objective is profit maximization.
Additional suggestions would be also to look after the welfare of all stake holders not just shareholders (i.e. employees, customers, state, environment etc., etc., etc.)
The stake holder theory is starting to take ground especially after the debacle of 2007/8.
What else can I help you with?
What's the main goal of a publicly-traded corporation?
The main goal of virtually every publicly-owned company has always been to maximize shareholder value by generating as much profit as possible
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.
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
Who is responsible for the debt of a corporation?
the corporation
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.
What are the primary goal of the corporation?
Make Money
What is the vision mission and goal of San Miguel corporation?
viision
Importance of corporation?
A corporation stands as a center for individuals having one common business goal built through legal and lawful processes. It may also contain different companies and organization who wanted to make use of a corporation to share one common goal.
What's the main goal of a publicly-traded corporation?
The main goal of virtually every publicly-owned company has always been to maximize shareholder value by generating as much profit as possible
What is John Allison's strategy for BB and T Corporation?
Allison's overall goal for BB and T was that it be an entrepreneurial and highly autonomous organization.
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 services does Telesis Corporation provide?
Telesis Corporation are a company that plan, finance and develop urban communities, these are safe and well maintained by the company. They have a goal to preserve and maintain a living standard at an affordable rate, they draw together housing agencies, banks and investors to help finance and maintain these communities.
What was a goal of the defense plant corporation?
The Defense Plant Corporation (DPC) was established during World War II with the goal of facilitating the rapid production of war materials by providing financial and logistical support to private industries. It aimed to ensure that the U.S. military had a steady supply of essential equipment and supplies by investing in the construction and operation of defense plants. Additionally, the DPC sought to mobilize the nation's industrial capabilities to meet wartime demands efficiently.
What is a not-for-profit corporation?
A corporation that enjoys all the rights of a corporation, but without a profit goal. Most charities, educational institutions, home owner associations and so forth, are non-profit corporations. Mcclarty- most non-profits do, and must, have a profit goal in order to sustain. It usually is not their primary goal, and many of the actions taken on their behalf are not profit oriented. A primary difference is that a non-profit may not use its profits to then "inure" (benefit) the various officers and directors. Employees are entitled to a salary, but unlike a for-profit, if profit is made it must then go back into the organization.
What was the goal of the defense plant corporation?
The Defense Plant Corporation (DPC) was established during World War II with the goal of facilitating the production of war materials by providing financial support and resources to private industries. It aimed to quickly expand the capacity of the U.S. industrial base to meet the demands of wartime production. By investing in the construction of defense plants and managing their operations, the DPC sought to ensure that the military had access to the necessary equipment and supplies to support the war effort.
What is the purpose of the Career Education Corporation?
The purpose of the Career Education Corporation is to provide career-focused education and training programs to help individuals gain the knowledge and skills needed for success in their chosen fields. Its goal is to prepare students for careers that align with current industry demands.
