A corporation essentially becomes an individual entity in and of itself, completely separate from its owners and managers. Thus, the corporation can be sued and sue others with no liability extending to the individual owners. However, being a separate entity, the corporation is thus taxed directly like an individual would be. For this reason, the corporation is often associated with double taxation in that the corporation's profits are taxed and the owner's take home income is also taxed. Based on these choices, it is advised that the e-commerce business should choose to act as a corporation. In the world of e-commerce, incorporation makes sense because it ensures protection from any forms of liability...
Because e-commerce occurs across jurisdictions, including international borders, a corporation will be most advantageous as this form of business structure is generally recognized around the world and thus will provide the best legal and financial protection for all transactions, regardless of where they occur.
E-Commerce and Business Redesign The e-banking business faces many of the same roadblocks as the rest of the retail sector, when it comes to wide spread usage and acceptance of their e-banking systems. The focus of this research will be to explore the effect of the Internet on the traditional brick and mortar retail bank. E-banking still faces many roadblocks in the re-engineering of the banking system. The research in this
Business ethics are important in conducting business transactions. There are several reasons for this. First, a firm that behaves ethically in conducting its business transactions reduces the cost of business transactions. For example, in conducting a business transaction, there is always a gap between order entry by the customers and shipping of the products by the company and payment made by the customers. The gaps between these different stages of
E-Commerce on Business Strategy The purpose of this literary review is to determine the effects and impacts of e-commerce on business strategies and internal processes with particular emphasis on the travel industry. Our review will include material from several different sources including the Sloan Management Review, Travel Weekly and white papers from Ernest & Young. We will begin by defining E-commerce and the impact of it in the new economy. Subsequently we
Business in japan. L. Jones Doing Business in Japan In today's increasing era of globalization, more and more foreign companies and individuals are discovering the wonderful, profitable, and sometimes, challenging world of doing business in Japan. However, although many have been lured by the boom time of the recent past, leaner times require a thorough knowledge of the business and cultural environment. The simple fact is, those who understand the milieu of Japanese
Investors willing to investigate the market should make note of what points are best for entry and exit in the market in order to maximize profits (Redig & Price, 2003). Local money is primarily credited with driving the growing economy, and as the authors point out the Brazilian economy is "no less risk averse" than any other country (Redig & Price, 2003). Though there is risk involved with investing in
Earning Growth Model This third method considers primarily the increase in organizational earnings and the decision to purchase a stock is pegged to increases in organizational incomes. Valuation through this method is generally less challenging than the previous two models and often extremely practical. It commences with the estimations of future earnings, based on relevant and viable information about the expected trend in the future of the assessed company -- the growth
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