Government-owned corporation Essays

  • United States Patent Office as a Government Corporation

    2545 Words  | 6 Pages

    to address this criticism Congress made several changes to the authorities of the USPTO in the last decade and considered more changes in 2009. Nevertheless, problems persist and some stakeholders argue that reorganizing the USPTO as a government corporation would best alleviate these problems by broadening its authorities even further and releasing it from external constraints. The USPTO had a backlog of over one million patents at the end of 2008. Given the rapid pace at which technology

  • Privatizing Telstra

    1628 Words  | 4 Pages

    Telstra for the reasons that the Government has given. The argument the Government has given for the privatisation and corporatisation of Telstra has been a budget conscious one where the proceeds of Telstra will provide a "one-off" opportunity to: 1) abolish Telstra's pastoral call rate and provide untimed local calls in extended zones in remote Australia; 2) increase funding for Networking the nation; and 3) pay off foreign debt left over by the previous government However, this is not true as the

  • Accounting Fraud, the Investor and the Sarbanes Oxley Act

    1981 Words  | 4 Pages

    methods for misusing or misdirecting funds, overstating revenues, understating expenses, overstating the value of assets or underreporting of liabilities, sometimes with the cooperation of officials in other corporations (Medura 1-3). In response to the increasing number of scandals the US government amended the Sarbanes Oxley act of 2002 to mitigate these problems. Sarbanes Oxley has extensive regulations that hold the CEO and top executives responsible for the numbers they report but problems still

  • Congress And Bureaucracy

    704 Words  | 2 Pages

    the bureaucracy. In doing so, Congress is often able to hold a considerable amount of control over the bureaucracy. The bureaucracy consists primarily of the executive branch of government, and its components. These include cabinet departments, independent agencies, regulatory commissions, and government corporations. Through the constitution, Congress is tasked with the responsibility of organizing and funding the bureaucracy. This gives Congress the inherent rights, among others, to enact statutes

  • Dick's Sporting Goods Case Study

    1220 Words  | 3 Pages

    The company I chose to do my report on for Small Business Management is Dick’s Sporting Goods. You may say to yourself “Why Dick’s Sporting Goods?” As with most large companies we see today, most have come from humble beginnings. It is hard to imagine sometimes in today’s faced paced and technologically advanced era. Especially, if you can remember the dot com era. Companies were springing up left and right. Some with potential to take off like a rocket, while others seemed to have crashed and burned

  • Research Methodology In Banking

    3033 Words  | 7 Pages

    3. Methodology Following methodologies are used in determining the CRM services implemented in banking sector. 3.1 Research Strategy and Approach It is used only for explorative research. This type of research is done when problem is not clearly specified for understanding. It helps in checking the best research design, data collection procedure for better understanding of the problem. This type of research is based on reassessing of available data and records, discussions with customers, employee

  • Corections Corporation Of America Case Study

    1013 Words  | 3 Pages

    Corections corporation of America was started in 1980 by Don Hutto, Tom Beasley, and Dr. Robert Crants. They created the first private prison that was able to save the government and tax payer’s money. They did so by industrializing the industry and specializing in the industry. Since 1980 they have become one of the largest prisons in America. CCA define itself as “being the first and leading corrections corporation in America that partners with the government agencies Federal Bureau of Prisons

  • China's Transition Economy

    1108 Words  | 3 Pages

    a market economy began at the end of 1978. When China started the process, the government did not have a well-designed ‘blueprint’, and so the approach to reform can be characterized as experimental. The process of reform has been gradual and incremental in nature and is still incomplete. In fact, China can’t be treated as a full market economy nor can it be treated as a centrally planned economy in which the Government substantially influences prices of goods or monopolises international trade. It

  • Privatization In Hong Kong Case Study

    772 Words  | 2 Pages

    to Hong Kong rather late as compared to other developed nations. During that time, Hong Kong was still under British Colonial and the government was likely to believe in “small government”. However, Hong Kong economy was booming and the government had a large fiscal reserve which had recorded a budget surplus in the period. This resulted in the Hong Kong government having no pressing need for privatization. In 1997, the transitional period, Hong Kong was handed over to China and later came to be recognized

  • Pros And Cons Of Communism In The United States

    1126 Words  | 3 Pages

    competition among corporations. They are regulated by the government so it is impossible for a certain business to monopolize the market. However, communism also has its faults. To begin with, it hinders personal growth. The government suppresses on people’s lives too much. Since everyone is supposed to be equal, people can not have personal development or improvement. Next, the government dictates to citizens and runs the lives of all people. They can not “criticize the government or demand for changes”

  • Privatization Of Water Essay

    879 Words  | 2 Pages

    this war, we learn that water is destined to be redefined, the distribution of water has to be dealt with on a case by case basis, and the government needs to be compelled to keep themselves or other companies Corporations attempt to own as much of a commodified resource as possible, and this happened to water when countries define it as a commodity. Corporations buying and selling a finite resource every human needs can cause serious adverse effects. When something is so precious that no one can live

  • Food Security: A Global Issue

    696 Words  | 2 Pages

    either after World War II. Yet many of these countries continue to operate as if they were still colonies. Within these countries, a large number of the country’s land is owned by a small fraction of the population. These could be owned by strongmen that are within the “in” group of the political power. Or these lands could be owned by the political power themselves as well, such as Brazil. Within Brazil, the top 10% of farmers own 85% of the land. (Duffy) Land reform will allow people the chance to

  • Principal Attributes Of A Corporation Case Study

    1224 Words  | 3 Pages

    Identify the principal attributes and classifications of corporations. The principal attributes of a corporation are: it is a legal entity separate from its shareholders, it owes its existence to the State; which also has the role to regulates its behavior, it provides limited liability to its shareholders, who are not liable for its debts or acts of the company, characterized by the freely transferable of corporation shares, its existence may be perpetual with a centralized management system in

  • US-Latin America

    1387 Words  | 3 Pages

    of an important and active sort are estimated to be worth about twenty million dollars (Loomis 2). Also, many American citizens owned and operated many vast and major plantations and railroads in the Dominican Republic. American citizens’ owned and operated 60 miles of important line of railway (Loomis 3). Also at Sosua, the American company, United Fruit Company owned some twenty thousand acres of land which... ... middle of paper ... ...l power in Latin American. The United States didn’t engage

  • Nationalization

    546 Words  | 2 Pages

    to national control. More specifically, the term designates the assumption by a nation of the ownership of privately owned industry, distributive enterprises, or other businesses or services. When applied as part of socialist or Communist programs for abolition of private property, nationalization is sometimes known as socialization. Following a severe change in government, such as a revolution, nationalization may be effected by expropriation without compensation to the owners of the property

  • The Canadian News Media Industry

    820 Words  | 2 Pages

    This was strong evidence that the two corporations were conspiring together to increase their control of Canadian printed media, and their positions in the market became extremely powerful. In particular, Southam now owned "the only English-language daily newspaper in each of Montreal and Ottawa" and Thompson owned "the only daily newspaper" in Winnipeg (p. 234). Meanwhile, independent newspapers were struggling because competitive

  • The Introduction of the Samsung Color TV

    2503 Words  | 6 Pages

    along side Sony, Panasonic, Phillips, Toshiba, Matsushita and other more know brands of TVs. In South Korea, Samsung was a governmentally subsidized large business until in the 1990’s. In the mid 1990’s one of the most significant threats to Korean corporations was that their major advantage in low labor cost had been deteriorating against the labor costs in many of the competing Southeast Asian countries. The average wage of $1,144 a month that Korean workers earned was one of the highest wages paid

  • Brennan's Inc.: Legal Case

    587 Words  | 2 Pages

    Brennan brothers he held personally liable, because they mislead their attorney? Why or why not? The benefits of a corporation The pierce corporate veil is exposing the shareholders to personal liabilities{RMBCA}. Brennan’s Inc. is a family owned restaurant that has family members as owners and shareholders. The court case involves a dispute with another family member. The corporation is the legal entity and it separates individuals who comprise; therefore, protecting the shareholders from personal

  • Auto Insurance In Canada

    835 Words  | 2 Pages

    Quebec, where there is a monopoly of public auto insurance, you probably have a strong distaste for this provincial government-owned enterprise. The public auto insurance is indeed a monopoly that exploits consumers, which seems counterintuitive since it is a government-run

  • Burwell V. Hobby Lobby Case Study

    734 Words  | 2 Pages

    for-profit corporations’ religious beliefs. The decision was taken with regards to it being interpreted under the Religious Freedoms Restoration Act. By a 5-4 vote, the courts majority struck down the contraceptive mandate. Associate Justice Samuel Alito delivered the judgment on behalf of the court and four other justices joined him - Kennedy, Roberts, Scalia and Thomas. The courts majority decision meant that the Religious Freedom Restoration Act of 1993 applied to family-owned corporations