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Companies
Questions pertaining to corporations, companies and their practices, including how they affect individuals, nations and the world.
11,240 Questions
What are opinions on the BKracingcom code entry contest?
Burger King is itself a legitimate enterprise, however one never knows when a corporate name may be falsely appropriated.
Is Illinois Bronze Powder and Paint company still around?
Illinois Bronze was purchased by Sherwin Williams in 1990.
Which two positions are the highest in a company?
The Owner is the Big Boss who employs or elects the President and/or CEO of their company.
The President is the highest paid employee of a company. The CEO stands of Chief Executive Officer and is a member of a board of Directors and Chairman of the Executive Commitee.
It is debatable whether a CEO or President is higher than each other though.
In my opinion, you don't. In my opinion, it is misrepresentation.
It operates on several levels, principally exploiting those who wish "free" stuff for little or no effort.
In theory, you are signing up with them, getting 250 points at once - which at a penny a point is worth $2.50, but only where they say you can shop. However, just signing up doesn't really get you that 250 points, you must sign up for and complete your first "offer".
While they say that many of these are free, such as taking a survey or clicking on links (and you know how often those are scams), they acknowledge that some of them require you to buy something.
In other words, while they loudly claim that you don't need to give them your credit card info, the first place you are likely to be sent will want your credit card info, and will charge you for some product you are unlikely to need.
It gets worse. If you try and be clever, and only do the "free" surveys and such, you will find that you can be ejected from the program at their sole discretion for "fraud". Their terms of service - which they count on you not reading - makes clear that "fraud" is anything they think it is, and you lose all points and referals at that point.
It gets still worse. To the extent you managed to gain any noteworthy amount of points - and good luck on that - they have all kinds of disclaimers about shipping the product. It "can" take up to ten days or two weeks. It isn't always "free". And that they have a whole section on what to do when you don't get your order tells me all I need to know about how often that happens! (The instructions are elaborate, and seem designed to let you stay waiting patiently forever.)
It gets still worse. It's a MLM - Multi-Level Marketing - scam, in which you are to "earn" points by signing up all your family and friends. You will get up to one whole dollar for doing so - but the small print shows that your friend has to actually buy something or take endless surveys first. Thereafter, you get 15% of whatever pennies he/she manages to earn.
Bear in mind, that no points are earned except that you either buy a product, or spend your personal time. Any casual perusal will show that you are either going to spend $20 to get a penny, or spend an hour getting that penny. I mean "point", they don't automatically count as real pennies!
Their claim that a member "can" make over $1,000 sounds thrilling. But they don't say how long that would take! Complaints that people are booted when they actually start - against all odds - accumulating real amounts of points abound.
Why should company offer you this opportunity?
This is one of the types of question that you may get at an interview; they are intended to get you to talk about yourself in a fairly informal manner. The questions are usually about some aspect of your own life so it is not possible for anyone else to answer them for you.
You should think carefully, before attending the interview, about such questions as this so as to be prepared when asked. There are several such questions and there is a great deal of information on the internet and elsewhere about techniques to employ when attending interviews.
Monavie uses the term multi-level marketing (MLM). It is the same concept as a pyramid scheme. It is a legal way to scam unsuspecting people. The only way to become successful in this scheme is to cheat other people by promising them financial independence. This is the number one way to recruit new members. In reality, the new distributors have a very slim chance in making any profits from this scheme.
In the case of Monavie, its' own 2007 income disclosure statement says that "fewer than 1 percent qualified for commissions and of those, only 10 percent made more than $100 a week".1 In other words, only 0.1% of the distributors see any income from this venture. As such, it is extremely difficult to make any money as a distributor for Monavie.
For example to earn a commission of $300 you have to sell 30 cases or 300 bottles, which they refer to as 3,000 GSV, each bottle is worth anywhere from $37 (standard pricing) to $27 (bulk pricing), which means you have to recruit at least 30 of your friends/family to buy on a weekly basis at least 4 bottles each. This calculation is based on the pricing and compensation data from their website.
When you go to a Monavie meeting the first thing they will do is show you testimonials and photos of people in front of nice cars, homes, and yachts. The last thing they talk about is the actual business behind the product. This is to appeal to your emotions and to distract you from the real business. Once you're emotions are worked up it is harder to think logically. This is how they bring people to sign up.
Pay attention to the numbers. To see the truth recreate the financial model behind the distributors compensation structure. Do not get distracted by the sales presentation. They will use language like, "we do not sell... we share" (if that were the case then Monavie should be free of charge for everyone, all the time).
CLUE: The average distributor will never see any money from this company.
The real winner here is Monavie. Because they manage to create 5 million sales distributors, who are also customers, without the overhead burden of a traditional sales force. These people are all hoping to make money when in reality <1% see any profits, the rest will see only losses.
Ignore all the testimonials and the lifestyle pitch. This is just a way to get you to think with your emotions rather than your brain!
Check list for statutory compliance of paper manufacturing industry?
A checklist for statutory compliance in the paper manufacturing industry typically includes the following key areas:
- Environmental Regulations: Ensure compliance with the Environmental Protection Act, including obtaining necessary permits for emissions, effluents, and waste management.
- Health and Safety Standards: Adhere to the Occupational Safety and Health Administration (OSHA) guidelines to ensure workplace safety and employee health.
- Labor Laws: Comply with labor regulations concerning employee rights, wages, working hours, and benefits as per the Fair Labor Standards Act.
- Product Standards: Ensure compliance with relevant quality and safety standards for paper products, such as those set by ASTM or ISO.
Regular audits and updates to these areas are crucial for maintaining compliance.
What is Branding strategy of proctor and gamble?
Proctor and Gamble is one of the biggest company in business industries, of course, their branding strategies team is as big as their company i guess since there are lots of competitions in their brands still they lead the top.
Case study on amalgamation of two companies?
Nations Bank + BankAmerica= Bank of America
Anhauser-Busch + Inbev=Anhauser-Busch InBev
Aero Lloyd + Junkers= Lufthansa
There is not just one owner of the company. The stores are all independently owned. There are over 150 stores in Canada.
Would any Company being a member of the Direct Selling Association be considered a pyramid scheme?
It should be regarded as most likely to be an MLM or pyramid scheme.
A person is known by the company he keeps?
A person's character and personality can easily be known by the type of people he or she befriends. This means if your friends are known for bad behavior, you are also likely to have bad behavior and if your friends are good, you are likely to be good too.
Reno Technology is a food processing equipment company in Hutchinson, Kansas.
See the link below for more information.
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