Large corporations benefit from economies of scale, allowing them to reduce costs per unit as production increases. They often have greater access to capital, enabling investment in research, development, and innovation. Additionally, established brand recognition and extensive distribution networks can enhance market reach and customer loyalty. Lastly, large corporations may attract top talent due to better compensation packages and career advancement opportunities.
i am a receptionist for a large corporation
That would depend on the type of corporation. If a for-profit enterprise, you would be responsible to the shareholders. If a non-profit, then your responsibility is primarily to the donors, in accordance with the by laws.
the type of authority suitable for a large public corporation is legal authority and this type of authority is bureaucratic in nature,in such an authority loyalty is to the office not to the individual occupying the office.in this of responsibily appointments is base on merits and employees with such responsibily should work according to the laws and rules of the org.
Your boss, the shareholders and all stakeholders (staff, customers, suppliers, etc..)
economies of scale make is possible to offer lower prices
A corporation shields one from personal liability. A corporation can keep ownership confidential. A corporation may have income tax advantages.
i am a receptionist for a large corporation
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Advantages of corporation include protected assets and heightened credibility. Disadvantages include loss of a personal touch, and ongoing expenses.
An advantage to having a corporation is limited liability. A disadvantage to having a corporation is the fact that income is taxed twice.
Forming a corporation can provide advantages for employees such as limited personal liability, potential tax benefits, and opportunities for stock ownership or profit sharing.
List two advantages that corporation have over a small business
you can pay less in having one corporation in owning several hotel
There are many responsibilities to the buyer of an corporation.
The corporation announced record profits for the fiscal quarter.
The advantages of choosing an LLC over a corporation include simpler management structure, pass-through taxation, limited liability protection, and flexibility in profit distribution.
A corporation sole offers advantages for managing real estate investments, such as limited liability protection, tax benefits, and continuity of ownership.