answersLogoWhite

0

🏢

Companies

Questions pertaining to corporations, companies and their practices, including how they affect individuals, nations and the world.

11,240 Questions

Where did tesco start?

Tesco was founded by Jack Cohen he had a market stall in the East End of London in 1919.

The name comes from TES (T.E. Stockwell) who were Jack's Tea supplier and CO (Cohen)

Hope this helps

Why did Lehman Brothers file for Bankruptcy?

I really don't think that it was necessary for lehman's to declare bankruptcy but feel that after the US government bailing out others they should have also considered helping Lehmans. I think that they have created an even bigger problem, and think of the lost money by shareholders. The government has created another down draft that will not be felt for a few months but think about it...the shareholders themselves maybe middle upper class citizens are now out every dollar invested in that bank and are now sitting with nothing as the SEC pushed Lehmans into the Pinksheets today Sept 18 2008. Many of those people have lost much of their life savings. What about the employees that were given stock options and thought of their shares in Lehmans as retirement. It just does not cut the cake...I think that this all moved way to fast and I truly think that the US government should have jumped and given some sort of a lifeline to Lehmans. I think there is bigger trouble coming yet.

What is the meaning of the quote A man is known by the company he keeps?

I heard this one as "A man is known by the company he keeps and how well he keeps it." Basically, people know what kind of person you are by the friends that you have and how good of friends you are with those people. Assuming that people who are alike will hang out together.

In my humble opinion this means that a man becomes what his or her friends are, if we keep good company we become good if we have bad friends then we will surely adopt their bad habits. If you want to know about a man just find out who are his friends. An example of this is that if you go and stay in a perfume shop your clothes with aquire good smell but instead if you go to and iron smith's shop your clothes will smell like iron, even better a man who works in fish market smells like fish. So stay with good and pious people you will automatically become pious.

Who invented supermarkets?

Supermarkets were invented in 1916 by Clarence Saunders.

Why do companies merge?

Companies merge for many reason , companies merge when they are woth more together than apart.. some do to cut costs i.e in vertical integration when a corp. merges with either its supplier or consumer .. others merge for growth and market power and to eliminate competition.. these mainly merge with their competitors to create more power in the markets i.e AT&T and Bell South both are Telecom companies. its not the best idea, but actually some companies merge to diversify, like acquiring another company in a seemingly unrelated industry in order to reduce the impact of a particular industry's performance on its profitability.

Why do multinational corporations have their manufacturing plants in developing countries?

There are two main reasons why a firm will build a facility in another country:

1) They want to have a manufacturing facility closer to one of their larger markets.

2) They can manufacture their products more cheaply overseas due to cheaper labour costs.

Advantages of assembly line?

Advantages of an assembly line helped during the Industrial Revolution. Products could be produced much quicker than previously, and the products could be produced at a lower cost. The products are also almost all identical, instead having to be made separately by hand.

Mission statement of Nestle?

Nestle is the world's leading nutrition, health and wellness company. Their mission statement says: "Good Food, Good Life." this is to provide customers with the most nutritious and best tasting food and beverages.

What is the meaning of brand portfolio?

Some companies have multiple products and services, each of which may have its own brand (trademark, service mark), or form part of a "family of brands." They may be common law marks, or registered under statutes in various countries and states. The total collection of these rights is called the "brand portfolio."

How do you report scams?

In New York State we contact the State Attorney General's office. Otherwise, your local police, and/or if possible, an attorney general or law enforcement office in the state that the scammers are located. If it involves large sums of money, the FBI may also be contacted; at least ask for their advice.

What is Nonindependent director in board of directors?

A non-independent director is in a majority of cases an executive associated with the boards organization, i.e. chairman, CEO, COO, CFO, etc. and/or any other executive voted to be a member of the board; or it can and usually is someone or an entity, (pension fund, family member, institutional investors, etc) from outside the organization that holds some form of financial interest that influences the board to offer a seat on the board for representation. Simply put - it is opposite of what the SEC, NYSE and NASDAQ requirements set forth for independent directors.

What is cash-flow and what affects it?

Cash flow is money coming in and money going out. If you arent getting any cash to flow then you dont have a cash flow. Say you had a great job making a lot of money.... you had money coming in because you were working.... well your money was also going out because you were buying things you wanted. Then you lost your great job. Your cash flow stopped.... you now have to budget your money. You still have a cash flow as long as you are spending that money. Once you run out of money you no longer have a cash flow.

What are the disadvantages with joint venture with a foreign firm?

The Disadvantages of Joint Ventures are the possibility of being ripped off or disappointed by unscrupulous and unprofessional JV partners, and hurting your reputation and/or customers and associates by associating with the wrong people, even unknowingly.
There is a way to locate and contact really solid JV partners, however. The DollarMakers Joint Venture Forum might be the solution for you. We carefully screen Members and the support and education provided are very effective. For more information on the advantages and disadvantages of joint venture, and on the DollarMakers Joint Venture Forum

Can the Herrera Sindell Group be trusted?

No, my father and I went on the week before thanksgiving and the office was flooded with FBI agents taking all the files and computers away.

Who is the World largest financial group in the world?

Based on the National Information Center, a website sponsored by the government, J.P. Morgan Chase and Company is in first place of the top 50 holding companies as of 03/31/2013. Their place is supported by the amount of their assets which exceed 3.3 billion dollars, the highest in this top 50 category.

What is the role of Chancellor of the Exchequer?

The Chancellor of the Exchequer is responsible for all economic and financial matters. He or she is the second most powerful person after the Prime Minister.
The minister who is in charge of finance, the treasury, taxes and government spending. Usually considered second-in-command of the British Government, and always an MP. The current Chancellor is George Osborne, a Conservative MP.

The full title is: The Right Hon. Chancellor of the Exchequer PC MP

Is exxonMobil a limited liability corporation?

Not exactly, ExxonMobile is a Limited Liability Company (LLC). An LLC is a company not a corporation.

What are the rights of promoters in a company?

A promoter is not an agent for the company which he is forming, because a company cannot have an agent before it comes into existence. Further more, he is not a trustee for the company because there is no company yet in existence. The promoter stands in fiduciary relation to a company and to those persons becomes shareholder later, the promoter is accountable to the company like an agent and trustee.

He cannot make any secret profit. He must disclose everything to the company. He is personally liable for all contract made by him with third party on behalf of company.

Before incorporation a company has no legal existence and so cannot make a contract. A promoter, therefore, has no legal right to claim remuneration for his services. If the promoter enters into a contract with the company about his remuneration, after the incorporation of company, then directors are liable to pay remuneration.

The remuneration may be paid in any of these ways. If a commission on business or property taken over by the company through him. A company may give him a lump sum amount in cash. Some shares can be allotted to him. He may take a commission at a fixed rate on shares sold. He may take an option to subscribe for certain non-issued shares of company at par within a fixed period.

What is a post dated check?

A post-dated cheque is a cheque, on which a future date appears and not a current date. For example, if today is 01/01/2012, then a cheque which bears a date (say) 15/01/2012 is a post-dated cheque, till that date (15/01/2012) comes. In other words, till 14/01/2012 this cheque will be considered as post-dated cheque. That is, the future date has not yet arrived (till 14/01/2012). On 15/01/2012, the cheque will be no longer a post-dated cheque, but becomes a current dated cheque.

In India, a cheque should be presented for payment on or after the date that appears on the face of the cheque. This date is also called ostensible date.

A banker cannot a pay a post-dated cheque as he has no mandate to debit the account of the depositor earlier than the date of the cheque. In other words, a post-dated cheque should not be paid and should be returned to the holder with the reason, "Cheuque is post-dated" as the payment of a post-dated cheque is fraught with dangers. Since payment of a post-dated cheque, as per Section of the 10 of the Negotiable Instruemnts Act, 1881, is not a payment in due-course, many banks in India will not make payment of the cheque.

If any defect in the title of the payee is found later, the banker cannot claim protection and should make good the loss to the ture owner.

M.J. SUBRAMANYAM, BANGALORE

What are the top 10 candy companies in the US?

Every year Candy International lists the Top One Hundred candy companies in the world. According to their statistics the top ten candy companies in the US are Mars, Mondelez, Hershey's, General Mills, Ferrara, Russell Stover's, Tootsie Roll Industries, PepsiCo America, See's Candy Shops and Abbott Nutrition.

What clothing brands use child labor?

I don't know but I do know that ikea checks to see if their items are from child labour but if it is they don't use it

Why is the depreciation of the financial year shown in the profit-and-loss statement whereas accumulated depreciation is shown in the balance-sheet statement?

Depreciation for the current year is considered an expense and, like all expenses for the financial year, need to be shown on the P & L. As each year passes, the current year's Depreciation Expense gets added to Accumulated Depreciation (most companies do this each month rather than once a year). Accumulated Depreciation, just as it sounds, is an accumulation of all depreciation for an asset. The reason Accum. Deprec. is shown on the Balance sheet is because it is reducing the (book) value of an asset. And all asset (book) values are shown on the Balance Sheet.

What company holds the primary MEMS patents?

French-Italian company STMicroelectronics, makers of electronics and semiconductors, currently holds the primary MEMS patents. Additionally the company which is headquartered in Geneva, Switzerland, was honored in 2013 with Company, Executive and Device of the year.

How do you write letter to president at Walmart?

Answer

The address is...The White House, 1600 Pennsylvania Ave. Washington, DC. 20500. The email is comment@whitehouse.gov. The President receives hundreds of letters so one should use a lot of patience and more than a little hope, when expecting a response. Almost none of these letters go to the President. A few of the ones that do are actually read by Barrack Obama. So if you're hoping for your own personal stimulus plan, don't count on it. Plus, since every letter and email goes through mail readers,if you have a complaint about him, it has no chance of getting sent.