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A company, abbreviated as co., is a legal entity representing an association of legal people, whether natural, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals.
Over time, companies have evolved to have following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity, was created by the state which granted the privilege of incorporation.
This is a Good article, an article that meets a core set of high editorial standards.
The Electro-Dynamic Light Company of New York was a lighting and electrical distribution company organized in 1878. The company held the patents for the first practical incandescent electric lamp and electrical distribution system of incandescent electric lighting. They also held a patent for an electric meter to measure the amount of electricity used. The inventions were those of Albon Man and William E. Sawyer. They gave the patent rights to the company, which they had formed with a group of businessmen. It was the first company in the world formally established to provided electric lighting and was the first company organized specifically to manufacture and sell incandescent electric light bulbs.
Man, an attorney from New York City, supplied money for experimentation to Sawyer, an electrical engineer. This partnership developed into the Electro-Dynamic Light Company that brought in other investors that became partners. Sawyer devised a unique electrical distribution system where electrical power could be obtained anywhere in the city from an electrical generator with the turn of a switch to light up electric lamps to produce glowing light like a gas lamp. It was unique in that it produced this power without consumers having to maintain local galvanic batteries and at a fraction of the cost of producing the same lighting as from gas lamps. Other features of the system were that safety devices were built in to prevent the early destroying of the other electric lamps in the circuit should there be a power surge due to a lamp burning up early and leaving the distribution circuit. The patents for the Man and Sawyer system were in place before any other electrical companies had similar systems. (Full article...)
Image 2The Intel 80486DX2 is a CPU produced by Intel Corporation that was introduced in 1992. Intel is the world's second largest semiconductor company and the inventor of the x86 series of microprocessors.
Image 930 St Mary Axe, London, widely known by the nickname "The Gherkin", and occasionally as a variant on The Swiss Re Tower, after its previous owner and principal occupier. Swiss Re is the world’s second-largest reinsurance company.
CEOs find roles in various organizations, including public and private corporations, nonprofit organizations, and even some government organizations (notably state-owned enterprises). The CEO of a corporation or company typically reports to the board of directors and is charged with maximizing the value of the business, which may include maximizing the share price, market share, revenues, or another element. In the nonprofit and government sector, CEOs typically aim at achieving outcomes related to the organization's mission, usually provided by legislation. CEOs are also frequently assigned the role of the main manager of the organization and the highest-ranking officer in the C-suite. (Full article...)
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Union Films was a film production company located in Batavia, Dutch East Indies (now Jakarta, Indonesia). Established by ethnic Chinese businessmen Ang Hock Liem and Tjoa Ma Tjoen in 1940, it produced seven black-and-white films before it was dissolved in 1942; all are thought to be lost. The company's films were directed by four men, mostly ethnic Chinese, and launched the careers of actors such as Rendra Karno and Djoewariah.
Established during the revival of the Indies film industry, Union released its first film, Kedok Ketawa, in July 1940. This was followed by a series of films penned by Saeroen which were increasingly oriented towards the Indies' growing intelligentsia and attempted to distance themselves from the theatrical conventions which were common in the contemporary film industry. This continued after Saeroen left for Star Film in 1941, with Union's final two productions emphasising realism. Following the Japanese occupation of the Indies in March 1942, Union was dissolved, though its films continued to be screened into the mid 1940s. (Full article...)
Inter IKEA Systems B.V., trading asIKEA (/aɪˈkiːə/eye-KEE-ə, Swedish:[ɪˈkêːa]), is a Swedish multinationalconglomerate that designs and sells ready-to-assemble furniture, kitchen appliances, decoration, home accessories, and various other goods and home services. Started in 1943 by Ingvar Kamprad and currently legally headquartered in the Netherlands, IKEA has been the world's largest furniture retailer since 2008. The brand used by the group is derived from an acronym that consists of the founder's initials, and those of Elmtaryd, the family farm where he was born, and the nearby village Agunnaryd (his hometown in Småland, southern Sweden).
The group is primarily known for its modernist furniture designs, its simple approach to interior design, and its immersive shopping concept, based around a showroom of decorated room settings, in which customers can interact with the available articles onsite. In addition, the firm is known for its attention to cost control and continuous product development, notably, the ready-to-assemble model of furniture sales, and other elements which have allowed IKEA to establish lower prices than its competitors.
, there are 462 IKEA stores operating in 59 countries and in fiscal year 2018, €38.8billion (US$45.82billion) worth of IKEA goods were sold. For multiple reasons, including lowering taxes payable, IKEA uses a complicated corporate structure. Within this structure, all IKEA stores are operated under franchise from Inter IKEA Systems B.V. which handles branding, design, manufacturing, and supply. Another part of the IKEA group, Ingka Group, operates the majority of IKEA stores as a franchisee and pays royalties to Inter IKEA Systems B.V. Some IKEA stores are also operated by independent franchises. The IKEA website contains about 12,000 products and there were over 2.1billion visitors to IKEA's websites in the year from September 2015 to August 2016. (Full article...)
... that although the Brooklyn Union Gas Company's original building, next to its replacement, was once described as having been "miraculously saved", the older building was demolished in 2004 without protest?
