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 ...

Voting Rights in a Limited Partnership. Limited partnerships have two types of partners -- general partners and limited partners. While a general partner is in charge of her company's day-to-day ...

Workplace Hygiene Policies. Hygiene in the workplace is an important issue, but also a delicate one for managers and small business owners. This is particularly true when handling an employee's ...

Cultural Influences on Marketing Strategies. Companies that are growing are always on the lookout for new opportunities. Some of these opportunities present themselves in new countries. Product ...

The seven internal control procedures are separation of duties, access controls, physical audits, standardized documentation, trial balances, periodic reconciliations, and approval authority.

The Three Most Common Ethernet Speeds. Ethernet was invented in the mid-1970s, and by the mid-1980s had achieved speeds of up to 10 Megabits per second, which remained the standard until the mid ...

Four Reasons to Expand a Product Line. Expanding a product line is an important growth strategy for small businesses that want to increase revenue or market share. A product line is a group of ...

The Advantages of Email in Business Communication. Email in business can be used for intra-company communications, marketing purposes and coordinating with business partners, suppliers and ...

An apt, single-word description of a bureaucratic organization would be 'tight.' In this kind of organization, there are policies and procedures for everything. There is tight control over the day ...

Five Attitudes That Are Important in Workplaces. It may seem as if skills and experience are the most important characteristics of an employee, but attitude plays just as big of a role. After all ...

How Often Should a Vision or Mission Statement Be Changed?. If you're developing a business or organization, determining a direction and establishing goals is critical to your success. Creating a ...

Four Types of Business Personalities. The type of business personality you have can affect the way that you run your company. It can give you an advantage to know this personality type so you can ...