The Need for Corporate Governance

May 29th, 2015
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Arcadia University
Price: $25 USD

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The concept of corporate governance is poorly defined because it potentially covers a large number of distinct economic phenomenons. As a result, different people have come up with different definitions that reflect their special interest in the field. We will start with widely accepted explanation and will try to develop one of comprehensive explanation of the term. Internationally corporate governance is considered as an - • International term for responsible corporate management and supervision oriented toward creating long-term added value.

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Help us complete the puzzlein every Indian language.Learn moreBusiness modelFrom Wikipedia, the free encyclopediaAbusiness modeldescribes therationaleof how anorganizationcreates, delivers, and captures value[1]- economic, social, or other forms of value. The process of business model design is part ofbusiness strategy.In theory and practice the term business model is used for a broad range of informal and formal descriptions to represent core aspects of abusiness, including purpose, offerings, strategies, infrastructure, organizational structures, trading practices, and operational processes and policies.Whenever a business is established, it either explicitly or implicitly employs a particular business model that describes the design or architecture of the value creation, delivery, and capture mechanisms employed by the business enterprise. The essence of a business model is that it defines the manner by which the business enterprise delivers value to customers, entices customers to pay for value, and converts those payments to profit: it thus reflects managements hypothesis about what customers want, how they want it, and how an enterprise can organize to best meet those needs, get paid for doing so, and make a profit[2].Business models are used to describe and classify businesses (especially in an entrepreneurial setting), but they are also used by managers inside companies to explore possibilities for future development, and finally we

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