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An S corp is not a business structure; it is a certain tax status election filed with the IRS. Typical business structures include sole proprietorships, partnerships, limited liability companies (LLCs), corporations, and S corporations.
Business organization, an entity formed for the purpose of carrying on commercial enterprise. Such an organization is predicated on systems of law governing contract and exchange, property rights, and incorporation. Most businesses are limited-liability companies. Learn more about business principles of operation.
Hierarchy, in the social sciences, a ranking of positions of authority, often associated with a chain of command and control. The term is derived from the Greek words hieros (“sacred”) and archein (“rule” or “order”).
business organization. Table Of Contents. also called: transnational corporation. Recent News. Nov. 18, 2024, 2:47 PM UTC (The Standard)Eyes on KRA as multinationals fail tax transparency test. multinational corporation (MNC), any corporation that is registered and operates in more than one country at a time. Generally the corporation has its ...
In addition to other factors, such as economic status and position in a business hierarchy, age and marital status are among the determinants of relative seniority, and there is some expectation that even between social acquaintances these factors—especially age—will influence relations.
history of the organization of work, history of the methods by which society structures the activities and labour necessary to its survival. Work is essential in providing the basic physical needs of food, clothing, and shelter.
globalization, integration of the world’s economies, politics, and cultures.German-born American economist Theodore Levitt has been credited with having coined the term globalization in a 1983 article titled “The Globalization of Markets.” The phenomenon is widely considered to have begun in the 19th century following the advent of the Industrial Revolution, but some scholars date it ...
Business firms and other organizations rely on information systems to carry out and manage their operations, interact with their customers and suppliers, and compete in the marketplace. Information systems are used to run interorganizational supply chains and electronic markets.
HIERARCHY meaning: 1 : a group that controls an organization and is divided into different levels; 2 : a system in which people or things are placed in a series of levels with different importance or status
Better Business Bureau, any of several American and Canadian organizations formed to protect consumers against unfair, misleading, or fraudulent advertising and selling practices. Founded in 1912, the Council of Better Business Bureaus, the umbrella organization for the Better Business Bureau (BBB) system of the United States and Canada , is a ...