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2007-01-05 21:56:26 · 3 answers · asked by nill 1 in Business & Finance Corporations

3 answers

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

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