Outrageously Funny Word Dictionary :: Corporation

👉 A body corporate, created by law or under authority of law, having a continuous existence independent of the existences of its members, and powers and liabilities distinct from those of its members.

Alright class, settle down now, let’s dive in today, To understand a word that often comes your way. We're talking about “corporation,” it’s quite a legal plea, Let’s break it down for you, so you can clearly see! The dictionary gives us a long and formal phrase, “A body corporate… in countless ways!” Think of it like this: imagine a group, you see, With rules and regulations, specifically. "Body Corporate” – that's the core, it’s true, Like a legal entity, shiny and new! Created by laws, with permission bright, It doesn’t vanish when its members take flight. It has a life of its own, you understand, Independent and strong, across the land! “Continuous existence” – it just won't cease, Like a steady river, bringing peaceful ease. And “powers and liabilities distinct from those of its members” - this is key, It can act on its own, completely free! So, it has rights and responsibilities all its own, Unlike the people who work there, widely known. A corporation – a business grand, With rules and structure across the land! Do you have any questions? Let's discuss with glee, Now let’s move on to… [Transition to next topic]

👉 A body corporate, created by law or under authority of law, having a continuous existence independent of the existences of its members, and powers and liabilities distinct from those of its members.

Alright class, settle down, let’s take a look today, At a word that pops up in business, come what may! We're talking about corporations , it’s true, Let’s break it down for me and you. The dictionary gives us a hefty line, A long explanation, truly divine! Let’s see… “A body corporate…” Think of it as a form, Like a legal structure, safe from the storm. "Created by law or under authority’s sway," It's built with rules to guide its way. “Having a continuous existence,” that's key, It lives on and on, for all to see! Not tied to individuals, you understand, Unlike people working hand in hand. "Powers and liabilities distinct from its members," this is the gist, The corporation acts, with a separate list! Think of it like this: Imagine a team, Each player’s good, but the team's supreme! The corporation is that team, strong and bold, With rules and responsibilities to unfold. In short , it's a business, legally bound, Operating as an entity, profound! Do you have any questions? Don’t be shy, Let's discuss this concept with a twinkle in your eye!”

👉 In the context of business, "corporational" refers to a group of individuals who work for or are associated with a corporation. This can include employees, executives, and other members of the organization who are part of a larger team or department that is managed by a company. Corporations often have a hierarchical structure where management and leadership are responsible for overseeing various aspects of an organization's operations, including employee training, compensation, and performance evaluations.

corporational

👉 Corporations are legal entities that operate as separate, independent organizations in their own right. They may be formed for a variety of purposes such as manufacturing, mining, agriculture, or transportation. Corporations are typically organized under state laws and have certain rights and responsibilities associated with them, including the ability to sue others and receive payments from customers.

corporationer

👉 Corporate governance refers to the process of making decisions and managing a company or organization in an efficient, transparent, and accountable manner. This involves setting up rules, policies, and procedures that ensure that all employees are aware of their responsibilities and that they act in accordance with those rules. Corporate governance is essential for ensuring that the company operates efficiently, maintains its reputation, and is able to compete effectively on the global stage. It also helps to maintain a healthy work environment by fostering trust and respect among employees.

corporationism

👉 Corporate RDF: A system for storing, managing, and publishing structured data about entities in a distributed computing environment. It's like organizing all kinds of business information in one place. WideCo: The term used to describe an organization's shared set of rules, policies, or procedures that are used to manage their activities and operations. Conf: Used to denote the common way or standard practice for doing something.

Corporations.rdf.widoco.conf