VCE Business Management Question Thread!

[Zlatan]

Need some help please.  Why do corporations get privatised?  What are the benefits?


Also aren't business/company/organisation/corporation the same thing?
Cheers.

When corporation's get privatised, it means that they are sold to the private sector i.e. to private individuals or other private organisations.  One benefit of privatisation are that more effort will be put into the operations in order to make it as efficient and profitable as possible.

The terms business and organisation mean the same thing, however, a corporation is an public sector organisation that has a corporate identity and can therefore run along lines of companies. A company on the other hand is part of the private sector, which is a seperate legal entity. Companies are owned by shareholders. A company can sue and can be sued,

[Only Cheating Yourself]

When corporation's get privatised, it means that they are sold to the private sector i.e. to private individuals or other private organisations.  One benefit of privatisation are that more effort will be put into the operations in order to make it as efficient and profitable as possible.

The terms business and organisation mean the same thing, however, a corporation is an public sector organisation that has a corporate identity and can therefore run along lines of companies. A company on the other hand is part of the private sector, which is a seperate legal entity. Companies are owned by shareholders. A company can sue and can be sued,

A corporation is in the private sector not public and i believe it means the same this as a company.

[Only Cheating Yourself]

Hi, what are written report sacs?

[Zlatan]

A corporation is in the private sector not public and i believe it means the same this as a company.

Oh alright. You know what.... First you ask a question, then I try and help, and then you say that I am wrong.... It seems that you're just wasting your time asking question if you already know what the answer is !!!!

[Only Cheating Yourself]

Oh alright. You know what.... First you ask a question, then I try and help, and then you say that I am wrong.... It seems that you're just wasting your time asking question if you already know what the answer is !!!!

Im not saying your wrong, i appreciate that you took your time to answer it, the way i answered seems like my response was rude. 

[Billion]

What could be some ethical and social responsibilities of trade unions, directors, suppliers, government and the local/international communities?

Also do people have other explains of conflicts between stakeholders other than owners/managers, customers or employees?

Thanks 

[Only Cheating Yourself]

What do capitals mean?  Is it funds/money that businesses receive from the bank?

Cheers.

[Michael Scofield]

What do capitals mean?  Is it funds/money that businesses receive from the bank?

Cheers.

Capital refers to funds contributed by the owner

[Only Cheating Yourself]

Capital refers to funds contributed by the owner

What do you mean?

[Michael Scofield]

What do you mean?

It can mean many things depending on its context, could you be more specific?

[Only Cheating Yourself]

It can mean many things depending on its context, could you be more specific?

LSO's receive easier and enormous amounts of capitals.?

[Only Cheating Yourself]

Whats an organisation structure? Whats the difference between the typical management functions?

[Einstein]

Hey Guys, sorry for bringing this up. I have seen somewhere that there is a specific structure to structuring your responses. Off the top of my head it was Define, Explain, and Link to text, i have heard that theirs 9 instead of 3, can someone tell me the correct one and clarify. Thank you

[Only Cheating Yourself]

difference between a charity and a foundation? 

There basically the same thing aren't they?  They both provide goods,services or funds to prevent certain social problems within the community?

[sjay1]

difference between a charity and a foundation? 

There basically the same thing aren't they?  They both provide goods,services or funds to prevent certain social problems within the community?

Charities aim to raise funds to support their causes.
Foundations aim to raise awareness of their causes.

I also have two questions;

1. Ownership of not-for-profits.
2. Definition of net profit figures.

Thanks