The Business Portal
Business is the activity of making one's living or making money by producing or buying and selling products (such as goods and services). Simply put, it is "any activity or enterprise entered into for profit. It does not mean it is a company, a corporation, partnership, or have any such formal organization, but it can range from a street peddler to General Motors."
Having a business name does not separate the business entity from the owner, which means that the owner of the business is responsible and liable for debts incurred by the business. If the business acquires debts, the creditors can go after the owner's personal possessions. A business structure does not allow for corporate tax rates. The proprietor is personally taxed on all income from the business.
The term is also often used colloquially (but not by lawyers or by public officials) to refer to a company. A company, on the other hand, is a separate legal entity and provides for limited liability, as well as corporate tax rates. A company structure is more complicated and expensive to set up, but offers more protection and benefits for the owner.
Société Générale (Euronext: GLE) is one of the main European financial services companies and also maintains extensive activities in others parts of the world. It is headquartered in France with the main head office in Tours Société Générale in the business district of La Défense west of Paris. The three main divisions are Retail Banking & Specialized Financial Services (particularly in France and Eastern Europe), Corporate and Investment Banking (Derivatives, Structured Finance and Euro Capital Markets) and Global Investment Management & Services.
Société Générale is one of the oldest banks in France. The original name was Société Générale pour favoriser le développement du commerce et de l'industrie en France (English: General Company for the Support of the Development of Commerce and Industry in France). Société Générale is often nicknamed SocGen in the international financial world. The long term debt of the group is currently ranked AA by S&P, Aa2 by Moody's and AA- by Fitch. The 2007 financial results were sharply lower, affected by depreciations and a fraud of € 4.9 billion.
The market square (or sometimes, the market place) is a feature of many European and colonial towns. It is an open area where market stalls are traditionally set out for trading, commonly on one particular day of the week known as market day.
"In the United States, there is a union for each job function with many unions in each company. Lathe operators are allowed to operate only lathes. A drilling job must be taken to a drilling operator. And because the operators are single-skilled, a welding job required at the lathe section cannot be done there but must be taken to a welding operator. As a consequence, there are a large number of people and machines. For American industries to achieve cost reduction under such conditions, mass production is the only answer.
When large quantities are produced, the labor cost per car and depreciation burden are reduced. This requires high-performance, high-speed machines that are both large and expensive.
This type of production is a planned mass production system in which each process makes many parts and forwards them to the next process. This method naturally generates an abundance of waste. From the time it acquired this American system until 1973 oil crisis, Japan had the illusion that this system fit their needs."
- —Taiichi Ohno, Toyota Production System, English edition of 1988
The following are images from various business-related articles on Wikipedia.
Dell Women's Entrepreneur Network event in New York City
"Jack and the Giant Joint-Stock", a cartoon in Town Talk (1858) satirizing the 'monster' joint-stock economy that came into being after the Joint Stock Companies Act 1844.
Emil Jellinek-Mercedes (1853–1918), here at the steering wheel of his Phoenix Double-Phaeton, was a European entrepreneur who helped design the first modern car
Student organizers from the Green Club at Newcomb College Institute formed a social entrepreneurship organization in 2010.
A vegetable seller in a rural Sri Lankan village
Apple co-founder and longtime leader Steve Jobs (pictured in 2010) led the introduction of many innovations in the computer, smartphone and digital music industries
Time required to start a business in 2017
In 2012, Ambassador-at-Large for Global Women's Issues Melanne Verveer greets participants in an African Women's Entrepreneurship Program at the State Department in Washington, D.C.
A bond issued by the Dutch East India Company (VOC), dating from 1623, for the amount of 2,400 florins
On this day in Business history...
Did you know
- ... that at the time of her completion in 1918, American cargo ship West Lianga held the distinction of being both the fastest-launched and the fastest-constructed ocean-going ship in the world?
Things you can do
Urgent and important articles are bold
Here are some tasks awaiting attention:
- Article requests : Abstract Fees, IFRS for small and medium entities, more...
- Assess : assess these pages
- Cleanup : Agricultural productivity, Bank fraud, Billpoint, Economic nationalism, Ethical implications in contracts, Financial adviser, Futures exchange, Gulf rupee, Pricing, Self insurance, Serfdom, Space elevator economics, Valuation, more...
- Disambiguation : cleanup links to dab pages
- Expand : Tom Basso, Clintonomics, Toby Crabel, Diversification (finance), Economy of Brazil, European Cooperative Society, Heavy industry, Larry Hite, Insourcing, Paul Tudor Jones, Planning Commission, Linda Bradford Raschke, Sales pitch, Singapore television channels, David Tepper, Monroe Trout, Tan Yu
- Infobox : add to business articles needing infoboxes
- Maintain : Portal:Business and economics
- Merge : Business Analysis, Corporate performance management, Economic growth, Excess reserves, Liberian Companies, National Association of Insurance Commissioners, Permanent war economy, more...
- NPOV : Economic interventionism, Energy economics, Rage Software Limited, more...
- Photo : add to requested photographs of business & economic topics and requested photographs of business and economics people
- Stubs : Bioeconomics, Debt compliance, Double auction, Kitchen sink regression, Single-entry accounting system, War economy, Workforce, more...
- Verify : add sources to Unreferenced BLPs
- Wikify : Economy of GDR, Investment specific technological progress, Marketization, Mediobanca, more...
- Other : Projects - Accounting, Business, Companies, Cooperatives, Deletion sorting, Economics, Finance & Investment, Game theory, International development, Numismatics, Private Equity, Retailing, Shopping Centers, Taxation, Trade, more...