Saturday 12 April 2014

What is Corporate World?

BHARAT EMPLOYMENT

According to www.bharatemployment.com 
CORPORATE WORLD IS- Corporate is a Business or an entity which has separate legal Personality with limited liability or unlimited liability for its members and shareholders, who buy and sell their shares/ Stocks depending on the performance of the board of Directors. Pertaining to Corporations. Corporation are the most common form of business organization, and one which is chartered by a state and given many legal rights as an entity separate from its owners. This form of business is characterized by the limited liability of its owners, the issuance of shares of easily transferable stock, and existence as going concern. The process of becoming a corporation, called incorporation, gives the company separate legal standing from its owners and protects those owners from being personally liable in the event that the company is sued (a condition known as limited liability).
Corporate world is usually the environment in large companies. Some hotel chains would be included. It is an interesting world with a lot of politics and stress.

In a capitalistic country such as the US, A corporate is seen and treated as an individual. This mean a corporate has certain laws, ethics etc that apply to it. The simple meaning of Corporate is the place where business ethics and laws apply and must be followed, with certain other specific behaviours that must be in order to get ahead in sach a world. It is labeled as A “Corporate World” because it is very different from the “Real World”

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