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The reason that corporations exist is to serve people. They are there to provide jobs, services, products, and benefits.
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∙ 9y ago
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Why were corporations better for large businesses than partnerships?
Corporations could continue to exist after managers died. Corporations could quickly raise money by selling shares of stock. Corporations can grow much faster.
Why do more multinational corporations exist today than in the past?
because of globalization.
What are the corporations that exist in the Philippines?
Among the top corporations in the Philippines are:Manila Electric CompanyNational Power CorporationSan Miguel CorpPetron CorpPilipinas Shell PetroleumThere are, of course, dozens, if not hundreds more.
Why natural monopolies exist?
They don't exist...monopolies are caused by government intervention in the market. Excessive regulations, permits, fees etc. create barriers to entry for competitive entrepreneurs, and there is often times legislation passed in favor of large corporations. A truly competitive free market does not have monopolies.
What are international organizations that impact the global economy?
Broadly speaking, the international organizations that impact the global economy are corporations. There also exist some international agencies such as the World Bank and the International Monetary Fund.
Why were corporations better for large businesses than partnerships?
Corporations could continue to exist after managers died. Corporations could quickly raise money by selling shares of stock. Corporations can grow much faster.
Did corporations develop rapidly in the 1830s when legal obstacles to their formation were removed?
"Corporations" did NOT exist in the 1830s, and in fact, there were very few "companies".
When two corporations cease to exist and a new corporation is formed it is called?
Merger
Agency relationship exist in corporations?
what agency relationship exists within a corporation
Why do more multinational corporations exist today than in the past?
because of globalization.
What factors allowed corporations to make so much money in 1862?
Corporations didn't exist in 1862. They are a modern idea that began in earnest in the 1980's.
What are the corporations that exist in the Philippines?
Among the top corporations in the Philippines are:Manila Electric CompanyNational Power CorporationSan Miguel CorpPetron CorpPilipinas Shell PetroleumThere are, of course, dozens, if not hundreds more.
An advantage of a corporation is that?
One of the main advantages of a corporation is that it is separate from its owners. Corporations also have the advantage of being able to exist if one or more owners quit or pass away. Corporations also have limited liability protection.
What business organizations is most likely to exist after the death of the founder?
A business organization that is most likely to exist after the death of the founder is a corporation. Unlike other types of business structures, such as sole proprietorship or partnership, corporations have a separate legal entity that can exist beyond the lifetime of its owners. This allows for the seamless transfer of ownership and continuity of business operations. Additionally, corporations can also raise capital through the sale of stocks, further ensuring their longevity.
Why does the listed company will exist agency problems?
The primary reason for the divergence of objectives between managers and shareholders has been attributed to separation of ownership (shareholders) and control (management) in corporations. As a consequence, agency problems, or principal-agent conflicts exist in the firm.
Why do terrorist often oppose multinational corporations?
The corporations represent the spread of American culture. The corporations have influence on foreign governments. The corporations threaten to alter ancient cultures.
What is the bureau of corporations?
the bureau of corporations had the authority to investigate corporations and issue reports on their activities
