Officers act as agents. They act on behalf of the corporation, and they also owe a fiduciary duty to the shareholders of the corporation. Like directors, corporate officers must discharge their ...

Event Planning Industry Analysis. Event planners do a lot more than plan events. They also coordinate and execute of all facets of meetings and events. These responsibilities can include budgets ...

What Are the Benefits of Making a Profit?. The success of a small business depends on its ability to continually earn profits. Profit equals a company's revenues minus expenses. Earning a profit ...

Mechanistic Organizational Structure. Though a new company's small size may not require a strict organization of work and workers, growth demands order. Organizing tasks and employees produces a ...

Four Different Types of Business Attire. When you first enter or are in the business world, you must know how to dress appropriately for any given situation. What you wear for an interview or ...

Examples of Key Performance Objectives. Just as a business plan provides goals for the organization to reach over the course of a given period of time, written key performance objectives will ...

The Advantages of Taking Feedback From Employees. Anonymous surveys and forms that ask employees pointed questions and leave some room for expression provide fountains of information for a company ...

Benefits of Technology in Business. Technology is a broad concept that has come to refer to breakthroughs in science that allow for a better or automated solution. While the most obvious benefit ...

5 Conflict Management Strategies. In any situation involving more than one person, conflict can arise. The causes of conflict range from philosophical differences and divergent goals to power ...

Advantages & Disadvantages of a Fixed-Price Contract. A buyer and seller enter a fixed-price contract by agreeing on the final cost of a good or service, which is set by the contract both parties ...

How to Merge LLCs. The owners of a limited liability company (LLC) benefit from merging an existing LLC into another LLC by enjoying limited liability for the financial obligations of the LLC. An ...

The Percentage of Rent Vs. Revenue for Restaurants. Successful restaurants at any level have a number of things in common. Their food meets the diners' expectations, their marketing brings in ...