minimization of cost and maximisation of revenue, towards acheiving improved profits for all he stakeholders, namely;
governmentt - taxes,
shareholders - dividends and increased shareholder value,
publics - corporate social responsibilty,
charitable institutions - charitable donations,
local community - good corporate citizenship,
employees - improved income and job security,
customers - delightful and astonishing service/product delivery
customers - satsified needs,
regulators - conformity with standards and benchmarks,
academics - benchmarks and good examples for study
board - feel-good and pride of place in the business world
management - higher bonuses,
investors - higher dividends and capital gains
2007-01-05 22:35:02
·
answer #1
·
answered by onukpa 3
·
0⤊
0⤋
Hello,
Companies are registered as per the Indian Companies Act which specifies how to float a company. Corporate world reflects the companies and their businesses.
Thanks
Raghav
2007-01-06 06:26:23
·
answer #2
·
answered by Raghav 4
·
0⤊
0⤋
It's all about making money.
Also, people form corporations for tax benefits, and so they won't lose their personal property if they are sued.
2007-01-06 06:08:44
·
answer #3
·
answered by Gee Wye 6
·
0⤊
0⤋