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An electric company can be either profit or non-profit. If it is listed on the stock exchange, it has shareholders who expect a profitable return on their investment. If it is a Co-op, or consumer/customer owned, then it is non-profit and operated for their benefit as opposed to a profit.
What else can I help you with?
Would this company most likely be a profit or nonprofit corporation?
To determine whether a company is most likely a profit or nonprofit corporation, consider its primary objectives. Profit corporations aim to generate revenue for shareholders, focusing on financial gain and market competition. In contrast, nonprofit corporations typically prioritize social, educational, or charitable missions, reinvesting any surplus funds into their initiatives rather than distributing profits to owners or shareholders. Analyzing the company's mission statement and activities can provide clarity on its classification.
What company is most likely be a profit or nonprofit corporation?
A profit corporation, such as Apple or Amazon, aims to generate revenue for its shareholders by selling products or services. In contrast, a nonprofit corporation, like the Red Cross or Habitat for Humanity, focuses on serving a public purpose or addressing social issues, relying on donations, grants, and volunteers rather than profit generation. The primary distinction lies in their goals: profit corporations prioritize financial gain, while nonprofit corporations prioritize social impact.
What is the significance of an insurance company demutualizing?
This means that the company is ceaseing to be a mutual company (owned by the policyholders) and is becoming a corporation. For a customer of that company it most likely means that you will no longer receive dividends if you have been receiving them and that your rates will most likely go down slightly. In most cases the company will send you some sort of correspondence throughout the process... which could take years.
A corporation is least likely to have which advantage?
establishment of price ceilings
Why is the normal operating cycle for a merchandising company likely to be longer than for a service company?
Why is the normal operating cycle for a merchandising company likely to be longer than for a service company?
Would the electric company b most likely be a profit or nonprofit corporation?
A utility company is a profit making corporation. They distribute electricity or other resources for a fee, and the proceeds only benefit investors and employees.
Where are the headquarters of EMC Corporation located?
The headquarters of EMC Corporation are located in Hopkington, Massachussetts. They have been ther since the company was founded and are not likely to be moved.
If your company declares bankruptcy does this discharge your guaranty?
If the company is a corporation and you personally guaranteed the debt, the corporation's discharge of its debts does not discharge your obligation. If the company is you as a "DBA" then more than likely the discharge of the DBA (doing business as) discharges your personal guarantee.
What should you do if you cannot review your electric bill online?
If you are not able to view your electric bill online, but are supposed to have access to it normally, then most likely the electric company is having issues with their site. In this case, contact the electric company for a statement.
What does pllc mean after dds?
Most likely it means "Professional Limited Liability Company (or Corporation). It tells consumers that the business entity is not a sole proprietorship but rather a type of corporation where the dentist has limited liability for damages.
What animals are getting tested for the Mars company?
Evidence says the Mars Corporation tests its products on rats and mice. The company, in its defense, claims it only tests things that are likely to not hurt the animals.
How Hannah is a PhD chemist with the corporation where the accident occurred. She has received a huge settlement from the corporation's insurance company.?
Hannah being a PhD chemist likely provided her with the expertise to understand the accident at a deeper level, possibly helping her case in negotiations with the corporation's insurance company. Her settlement reflects the compensation she received for any damages, injuries, or losses incurred as a result of the accident.
What is the significance of an insurance company demutualizing?
This means that the company is ceaseing to be a mutual company (owned by the policyholders) and is becoming a corporation. For a customer of that company it most likely means that you will no longer receive dividends if you have been receiving them and that your rates will most likely go down slightly. In most cases the company will send you some sort of correspondence throughout the process... which could take years.
Reconnect electric meter yourself?
Even if you know how to reconnect it safely, you can probably be charged with theft if you reconnect it without authorization. Whatever the reason it was disconnected, the electric company may want to inspect or test the connected wiring to be sure it is suitable condition to be reconnected. You will not likely be authorized to connect it yourself. Likely only electric company personnel or a licensed electrician would be authorized.
Do nonprofit jobs often involve many hours for volunteers?
Nonprofit jobs are almost the same as volunteer jobs. They offer many hours for volunteers. You would most likely need to be a member though for a while.
A corporation is least likely to have which advantage?
establishment of price ceilings
Is the battery covered in car warranties?
In a nonelectric car no, if it is a electric/electric hybrid car then yes. In a very rare case where the company is in contract with a battery company your replacement might be through the car company yet still would not be considered part of your warranty. The battery its self if new would most likely carry its own replacement warranty.
