Premium Essay

Images of a Corporation

In: Business and Management

Submitted By sselmani
Words 2664
Pages 11
Stephanie R. Selmani
David Star-Glass
BMGT 110
29 Apr 07
Images of a Corporation
The Coca-Cola Company Due to an amended lawsuit filed by the United States District Court for the District of Kansas for high levels of benzene, a carcinogenic which is mostly used plastics. Eating or drinking food containing high levels of benzene can cause vomiting, irritation of the stomach, dizziness, sleepiness, convulsions, rapid heart rate and death. (Benzene: Wikipedia) The Coca-Cola Company has reformulated a few of their products. Vault Zero and Fanta Pineapple have been reformulated and have been approved by the company with a best-buy date of January 2008. Nevertheless, the net operating revenues for 2006 finalized at a grand total of Twenty-four Billion dollars which contributes to the reason Coca-Cola is the largest manufacturer, distributor and marketer of nonalcoholic beverages and syrups in the world. The Coca-Cola Company today reported full year earnings per share of $2.16, which included a net charge of $0.21 per share. (The latest from the Coca-Cola Company: The Coca-Cola Company) History. In 1886, John Pemberton concocted a caramel-colored mixture then transported to Jacob’s Pharmacy where it was put on sell for five cents a glass. Pemberton’s book keeper Frank Robinson named the mixture Coca-Cola, and wrote it out in a distinct script. (Heritage Timeline: The Coca-Cola Company)Due to Pemberton’s lack of business skills the company total of sells was about nine glasses a day in the first year. Between 1999-1891 Pemberton sold the company to Asa Griggs Candler, to an Atlantic Businessman for 2300 dollars. He became the company’s first president. In 1894 Joesph Bledenharn decided it would be a good idea to put the product in bottles. Because it was such a great idea, 1899 Benjamin F. Thomas and Joesph B. Whitehead, claimed the rights of the bottled beverage…...

Similar Documents

Premium Essay

Corporation

...Corporations – Study Notes - A corporation is a legal entity that is separate and distinct from its owners - It has the rights and privileges of a person (exceptions: voting, hold public office, marry) - A corporation has the same duties and responsibilities as a person - It must respect the laws and pay income taxes - Corporations may be organized for the purpose of making a profit - Not-for-profit corporations are organized for cultural, social, charitable, medical, educational, and religious purposes - A publicly held corporation may have thousands of shareholders - Its shares are traded in an organized securities market such as the Toronto Stock Exchange - Most of the largest Canadian corporations are publicly held - A private corporation (closely held corporation) has only a few shareholders and does not offer its shares for sale to the general public - Crown corporation is similar to a privately held company except that it is owned by the government (Canada Post, GO Transit) Characteristics of a Corporation Separate Legal Existence - The corporation acrs under its own name rather than in the name of its shareholders - Corporation can buy, own and sell property. They can borrow money and enter into legally binding contracts in its own name. May sue or be sued and pays its own income tax. - The acts of the owners (shareholders) do not bind a corporation unless these owners are duly appointed agents of the corporation Limited Liability of......

Words: 293 - Pages: 2

Premium Essay

Medi Image

...Since the dawn of time, men and women have aspired to have the best looking image. This aspiration is often measured by the appearances of others – the appearances that appeal to the majority. People strive to achieve this by giving in to advertisements which eloquently sell materials that will help them reach this goal. The media is the main contributor to self-image and how the majority thinks they should look. Today’s society has become too attached to this idea of self-image, and the media has become a crutch on people’s outlook on beauty. This single image of beauty created by the media comes with a great deal of problems for society. Mass media has been able to shape popular culture and influence public opinion, and when abused, the power of the media can harm the general population. Certain tactics and strategies have been used to create the picturesque image in today’s world. This image is seen in every sort of corporate material or entertainment source. Corporations have gone as far as to promote this body image – the supposed “perfect body” – in the toys they sell to children. For instance, in her article “Drugs, Sports, Body Image and G.I. Joe,” Natalie Angier looks at the “G.I. Joe [which has gotten] more muscular and sharply defined, or ‘cut,’ than the model before” (Shea 486). This doll which exploits the “perfect” body image is one of the most popular toys for male children. Magazines are another source that influences the people on what is and is not......

Words: 638 - Pages: 3

Premium Essay

Corporation

...CORPORATION * A Corporation is an artificial being created by operation of law, having the right of succession and the powers, attributes and properties expressly authorized by law or incident to its existence. Attributes of a Corporation * A Corporation is an artificial being with a personality separate and apart from its individual shareholders or members. * It is created by operation of law. * It enjoys the right of succession. * It has the powers, attributes and properties expressly authorized by law or incident to its existence. Advantages of a Corporation * The corporation has the legal capacity to act as a legal entity * Shareholders have limited liability. * Its management is centralized in the board of directors * It has continuity of existence. * Greater ability to acquire funds. Disadvantages of a Corporation * A Corporation is relatively complicated in formation in management. * There is a greater degree of government control and supervision. * Its requires a relatively high cost of formation and operation * It is subject to heavier taxation than others forms of business organizations. * Transferability of shares permits the uniting of incompatible and conflicting elements in one venture Classes of Corporations * Stock Corporation Corporations which have share capital divided into shares and are authorized to distribute to the holders of such shares dividends or allotments of the......

Words: 451 - Pages: 2

Premium Essay

The Corporation

...The Corporation: The Corporation is today's dominant institution, creating great wealth but also great harm. This 26 award-winning documentary examines the nature, evolution, impacts and future of the modern business corporation and the increasing role it plays in society and our everyday lives. The birth of the corporation: How the corporation came to be. Originally, corporations were set up to serve the public good. Corporation lawyers gained rights through the US Supreme Court using the 14th Amendment (set up to protect slaves) that gives them the rights of a person. In the last century, the corporation is given more and more rights while people are increasingly stripped of theirs. Origins of Corporations Although definitions and descriptions of corporations have changed dramatically through the last few hundred years, the first corporation actually began long ago – as early as the sixteenth century. It was a benchmark in the history of money and business, transforming an economy from what was essentially a debt economy (when it came to merchant work) to a state-sponsored enterprise. This type of business was brilliant and revolutionary for the early business world, allowing businesses to take risks and expand in ways they had been unable to do before. The concept spread and grew, and by the seventeenth century, the corporation was well on its way to being an acclaimed and established center for regular commerce. When corporate business came to the newly born......

Words: 2045 - Pages: 9

Free Essay

The Corporation

...the corporation is very informative. There are several viewpoints throughout the documentary. In one part of the documentary certain corporations were call bad apples. Bad apples were the corporations that were flooding the corporation industry. Kmart in Enron were two of the corporations thar was considers bad apples. The documentary a corporation was said to be like a family. Asia K. Philson Everyone works together for a common in goal like a family would do. One important key factor is that certain corporations are exposing dangerous chemicals that harm us. Some believers feel we are in a major cancer epidemic due to harsh chemicals that one is exposed to on an everyday basis. The synthetic chemicals are not only causing cancers but birth defects and other toxic mishaps as well. Animals are born with defects and a child was born without eyes. The documentary explains that a corporation is psychotic If you're looking at the corporation as a person. The corporation is said to have all the characteristics of a psychopath. The people that are part of the corporation such as stockholders, workers, and Executives all have moral responsibility within a corporation. The CEO of Goodyear says that his job is very stressful and that he does not have complete control (Sam g) Since 1990 Goodyear has laid off over 20,000 employees and closed 8 plants. He explains that it's a decision that he never likes to make. Society views CEOs and other important people of corporations......

Words: 313 - Pages: 2

Premium Essay

Artemis Images

...Case 3 – Artemis Images 1. Chris started her business because she realized a simple business model that would lead to revenue and success with the proper launch. She realized “digitizing documents using the latest technology, tagging them with easy-to-read labels, and linking them to search engines for easy retrieval and widespread use” will meet customers’ wants/needs while also preserving images and data and earning revenue. The strategy of the model it to provide digitizing services to companies in exchange for rights to market the content on the internet, receive merchandising rights, and also promotion of Artemis Images ULR with each partner. While Artemis Images provides a meaningful service of preserving the company’s valuable media and data, the get to sell the images to customers, and link the images to key words in search engines. The opportunity for Chris to start her own company was because she discovered that the photo archives were obtaining a ton of requests from fans and customers but they were unable to fill those requests to the full potential. Chris knew how to reach the potential. Chris also held the opportunity because she understood the value for an organization to have its inventory, pictures, and information digitalized and saved forever and she understood the cost of scanning and digitalizing this media. Artemis Images will be able to make profit off of the unrealized value of the images that is kept hidden by companies and consumers. Chris was......

Words: 769 - Pages: 4

Free Essay

Image

...Analysis of SVD based Image Fusion: A review xxxxxxxxxxx xxxxxxxxxxxxxxxx xxxxxxxxxxxxxxxxxxxxxx xxxxxxxxxx ABSTRACT: In this paper, we have reviewed different types of Image fusion techniques based on Singular Value Decomposition (SVD) technique. Basically, Image fusion can be described as a technique which is used to generate a single good quality image from one or more images. Image fusion can be applied at many levels viz. pixel level, feature level, signal level and decision level. Image fusion can be applied in many areas like recognition of patterns, to enhance visual features, detection of objects, area surveillance etc.[2] The techniques that are used mostly are Intensity-Hue-Saturation (IHS), high pass filtering, principal component analysis (PCA), different arithmetic combinations, multi resolution analysis based methods (pyramid algorithm and wavelet transform), Artificial Neural Networks(ANN), Singular Value Decomposition (SVD) etc.[4] Nowadays, SVD is becoming very popular technique for image fusion due to many factors like conceptuality, stability and it is also a robust and reliable orthogonal decomposition technique. A huge advantage of SVD is that it can also adjust the variations that are present in the local statistics of an image[2]. In this paper, we have compared and reviewed different types of modifications that can be added to the basic SVD technique. Keywords: Singular Value Decomposition, Tensors, Image fusion. 1. INTRODUCTION ......

Words: 2109 - Pages: 9

Free Essay

Image

...Images Durch die Entwicklung der Gesellschaft zu einer Mediengesellschaft, wird der Radius des eigenen Erlebens vom unmittelbaren Umfeld auf die Welt erweitert. Daraus ergibt sich, dass wir viele Erfahrungen nicht mehr selbst machen sondern wir sie von Medien zugänglich gemacht bekommen. Bsp.: Jeder weis über das angebliche Sexualverhalten eines amerikanischen Präsidenten mit seiner Sekretärin bescheid, hat ihn aber nie persönlich kennengelernt. Um die Flut an Informationen zu bewältigen, müssen sie gebündelt und vereinfacht werden. Die Mediengesellschaft kreiert deshalb eine Art Stellvertreter. Ein solcher Stellvertreter ist das Image Erste Definition Ein Image ist die „Gesamtheit der Voststellungen, Einstellungen und Gefühle, die eine Person im Hinblick auf ein Obkekt (Person, Organisation, Produkt, Idee) besitzt“ (Fuchs et al. 1978, S.330) 1. Eigenheiten von Images nur selten wahrhaftig -werden interessenbezogen u. zielgruppenorientiert konstruiert ---> schliesst Objektivität oder Wahrhaftigkeit aus -müssen nicht wahrhaftig sein sondern nur für zutreffend gehalten werden -Goffman: Image als Image einer Person -jeder Mensch ist bestrebt gegenüber der Öffentlichkeit einen guten Eindruck zu machen, also ein Image aufzubauen und dieses aufrecht zu erhalten Bsp: mehr Schein als Sein: man versucht beispielesweise selbstbewusst, cool und ruhig zu wirken... ist aber unsicher und aufgeregt --->das nach außen......

Words: 1191 - Pages: 5

Free Essay

A Distored Image

...Cheyenne Jourdan English 102 Pyramid Final Draft A Distorted Image When the criticism drops away, what you will see then is just you, without judgment, and that is the first step toward transforming your experience of the world. --Oprah Winfrey American people are bombarded with our society’s ideals of beauty day in and out. The National Eating Disorders Association states that more than 80 percent of Americans watch television for more than three hours a day. Our media plays a pivotal role in the way that we structure our thinking as well as our idea of normality and beauty. As Jean Kilbourne explained in her documentary “Killing Us Softly”, advertising is a “powerful educational source” and the media sells not only products, but also the ideal of what one “should” consider standard to be, do, and look like. These societal standards of feminine beauty are nearly impossible to reach though, and as the media glorification of women with unhealthy body types, unnaturally flawless faces, and perfect hair remains, so do the consequences of the desire for these things. Corporate Profit Corporations profit massively from American media consumerism. Advertising in media is one of the most instrumental constructs of our society. We see advertising in our faces everywhere from bus stops, cars, billboards, magazines, websites, and television. According to Kilbourne the average US citizen sees over 3500 ads per day and advertisement is a $250 billion per year industry,......

Words: 1213 - Pages: 5

Premium Essay

Corporation

...Partnership or Corporation 1. What are some of the advantages and disadvantages of Thomas and Bryan forming a corporation? First of all, a corporation is a legal entity, created by the state, whos assets and liabilities are separate from its owners. It has some rights, duties, and powers of a person, as well as the rights to receive, own or transfer property. It is also important to mention that corporations are typically owned by many individuals and organizations who shares of the business, called stock. After this, I found some advantages or disadvantages for Thomas and Bryan if they want to form a corporation. Disadvantages: First of all, they will not be able to form a corporation in any State of the U.S. According to the law, there are some states in the U.S. that do not allow corporations owned by only two individuals. Information play an important role in any corporation, it takes a long time, as well as a lot of money to make annual reports with financial information of the office theys want to put, the flowers, and all that stuff, that is probably going to take a good part of the $10,000 of their initial contribution. Fees and formality will be some other disadvantages of turning the business into a corporation, considering that the Capital contributed was not a big amount. Finally, we cannot forget that corporations have potential double tax consequences (once when the company makes its profit, and a second time when dividends are paid to shareholders),...

Words: 834 - Pages: 4

Premium Essay

Images of Change

...are capable of taking on multiple roles know as images of managing change (Palmer, Dunford, & Akin, 2009, 2006). According to Ian Palmer, Richard Dunford, and Gib Akin, there are two dominant images of management, control which shows an organization as a machine and shaping which shows an organization as living. Images can sometimes be referred to as metaphors, frames, or perspectives that act as mental models that affect our interpretation of what we think is going on in our organization, what we think need to happen, and how we think things should happen (Palmer, Dunford, & Akin, 2009, 2006). Under this belief comes the concept of images of change outcome, which states that outcomes are partially intended and some intended outcomes can be achieved, and unintended where only variations of all intended outcomes can be achieved. Using multiple images and perspectives of change depends on the type of change, the context, or the phase of change. It is important to keep in mind that multiple change images can exist however, for this to happen, the change agent or agents must have the ability to apply the appropriate change as the situation necessitate them (Palmer, Dunford, & Akin, 2009, 2006). However, different types of organizations will approach change in different ways. Similarly, managers in various positions will approach change in different styles. These different approach styles are categorized into six images of managing change: director, navigator,......

Words: 2106 - Pages: 9

Premium Essay

Images

...Images Project Paper Week Three HR587 Managing Organizational Change Professor Maxine Walker Mercedric Golden Keller Graduate School of Management Devry University The organization I decided to do my change analysis research paper is my Army Reserve unit located in Grand Prairie, TX. I was assigned to the unit after coming off active duty with the Army in September of 2009. The unit is a battalion sized training unit with ninety percent of its members being male Soldiers. The battalion mission is conduct training readiness oversight and mobilization of designated active and reserve component forces in the western are of responsibility in order to provide trained and ready forces to regional combatant commanders. The battalion supports pre-mobilization training for reserve component forces in accordance with our Higher Headquarters, First Army, Division West located at Fort Hood, TX. Some of the specific tasks of the unit is to assess and report pre-mobilization readiness for reserve component forces; conduct mobilization and demobilization operations; conduct counter-improvised explosive device, counter insurgency and escalation of force training; provide command and control over assigned and mobilized forces; and provide operational force protection. Most of these training tasks and activities have traditionally been performed by all male Soldiers since it has long been considered a male’s job to perform any type of combat related duty or......

Words: 984 - Pages: 4

Premium Essay

Corporations

...Introduction A corporation is a legal entity that is created under the laws of a state designed to establish the entity as a separate legal entity having its own privileges and liabilities distinct from those of its members. There are many different forms of corporations, most of which are used to conduct business. Early corporations were established by charter (i.e. by an ad hoc act passed by a parliament or legislature). Most jurisdictions now allow the creation of new corporations through registration. An important (but not universal) contemporary feature of a corporation is limited liability. If a corporation fails, shareholders normally only stand to lose their investment and employees will lose their jobs, but neither will be further liable for debts that remain owing to the corporation's creditors. Sole- Proprietorship A business structure in which an individual and his/her company is considered a single entity for tax and liability purposes. A sole proprietorship is a company which is not registered with the state as a limited liability company or corporation. The owner does not pay income tax separately for the company, but he/she reports business income or losses on his/her individual income tax return. The owner is inseparable from the sole proprietorship, so he/she is liable for any business debts also called proprietorship. A business can be set up in a variety of ways, ranging from a sole-proprietorship to a general partnership, an LLC to a......

Words: 1593 - Pages: 7

Premium Essay

The Corporation

...qualities, analysis of growth and history, exploration of impacts, and brief look at the future of the modern business corporation. The documentary defines a corporation as a legal person, explaining that is has most of the legal rights a person has such as borrowing money and managing property. The film was released around the time of major corporate scandals, such as Xerox, Enron, and WorldCom, and uses the metaphor “bad apples” to state that there are more than a few corporations that are bad. The film argues that if corporations were people, they would have psychopathic personalities. It then states that corporations have become a vessel which good and bad people can cause harm to society because of the way corporations have evolved and how they are protected. The Corporation film is concerned with the role corporations have in modern society its impact, or the corporate social responsibility. The film explores how corporations have been poisoning the earth as well as consumer minds and how the government is intended to look over and control these corporations. It looks into some of the unethical business practices and strategies executed by corporations and the externalities that are created to satisfy the main goal of the corporation: to maximize profit and market share. 2. Body A major social issue that was brought up in this film is the way that corporations treat foreign factory workers. The film is concerned with the rampant use of sweatshops by large......

Words: 913 - Pages: 4

Premium Essay

Image

...management process has its own way of changing the processes and operations of an organization. The images of managing change are a set of six points which has the various ways of change management. Each and every image for managing changes has its own particular kind of pattern and formula of implementing the change which is different from one to another. There are six images for the managing change which are director, navigator, caretaker, coach and nurturer. These six images provide various style of implementing changes to the managers which may be different according to the nature and size of the organization. The managers need to choose the appropriate image out of six images which can be beneficial for their organization. Application Analysis The change management case study is related to the company Nike where thy company has made the major changes in its product range in order to reach maximum customers and to cover more market segments and customers. The NIKE was started through the production of sportswear which has changed now and the company is dealing in various other products as well. The change management which was implemented through the Nike has contributed positively to the company’s growth and success. Today the company is producing sleepers, tees and health equipments etc. The manager which implemented this particular change for the Nike Corporation has increased the company’s productivity which is a very essential part for an organization. The......

Words: 634 - Pages: 3