Limitations Of The Old Classification Regulations

Generally, an entity is taxed as either a corporation or a partnership and in the past there were major differences between the two, specifically, limited liability. The main benefit of a corporation was limited liability, while a partnership was subject to individual liability for partnership debts. Partnerships began to devise new configurations that were aimed at limiting their liability. They succeeded in creating limited partnerships, which took the main advantage of a corporation and shared that advantage with partnerships. The elimination of the limited liability distinction between corporations and partnerships came the need for a new entity classification system. However, the basis of the old classification regulations was†¦show more content†¦In the facts of the case, the Court discovered that the trustees â€Å"had authority to acquire and operate a golf course, receive the profits therefrom, make loans and investments, make regulations governing the trust, increase the number of trustees, and choose their successors. The Court further ascertained that the trust was to continue for a period of twenty-five years and would not dissolve upon the death of a trustee.† It was from these facts, that the Court decided the trust would be treated as a corporation for tax purposes. Also from this case, came the five characteristics that were used to determine if an organization was to be treated as a corporation for tax purposes in the Kintner classification regulations. Those characteristics were: (1) ability of the organization to hold title in property, (2) continuation of the organization without interruption by the death of an owner, (3) centralization of management, (4) free transferability of ownership interests, and (5) limited liability for the organization’s debts. The Kintner regulations came from the case of United States v. Kintner. In Kintner, the United States Court of Appeals for the Ninth Circuit was to decide whether an association of doctors would receive corporate tax treatment despite the fact that the organization was a partnership for state law purposes. â€Å"The doctors structured a state law partnership to meet the definition of an association in order to take

Reality Tv Should We Really Watch - 1194 Words

In the article Reality TV: Should We Really Watch? Elizabeth Larkins argues with the integrity of the genre of reality TV shows. She describes how watching one’s embarrassment or pain on TV and finding it humorous is wrong morally and mentally. Larkins describes how reality TV all began with one of the oldest reality shows â€Å"Candid Camera.† This show would broadcast hidden cameras of people in embarrassing or painful situations. It was a huge success, which ultimately started the popularity of the reality genre on television. Larkins also points out that most reality shows do not actually have any ‘reality’ in them. The producers of these shows cut and edit most of the scenes, skewing the actual reality. Larkins also discusses that reality shows portray racial stereotypes. She goes on and gives examples of several characters in real reality shows and how they depict racial stereotypes. Larkins concludes her essay with discussing how viewers should uphol d a moral responsibility by not supporting these types of shows. She explains that the shows are made to make money and they do not uphold any type of honor or integrity. Larkins explains that â€Å"one of the attractions of the reality television is the supposed ‘reality’ of it.† In order to persuade Larkin’s audience that reality shows are unethical, she points out that there is not much reality in them. Larkins reports that these shows are heavily edited. The scenes are altered in order to make the show moreShow MoreRelatedEssay about Discussion of the Morality of Reality Television600 Words   |  3 Pagesof Reality Television Reality TV is were you get to watch members of the public or celebritys perform tasks to win money or raise money for charity, at least that is what people say they go on it for. 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It is said that â€Å"participants in reality shows have openly admitted that giving the public access to the most personal moments of their livesRead MoreAnalysis Of Salman Rushdie s Essay1028 Words   |  5 PagesAnalysis of Salman Rushdie’s Essay; Reality TV: A Dearth of Talent and the Death of Morality In his essay, Reality TV: A Dearth of Talent and the Death of Morality, Salman Rushdie argues that the popularity of reality television shows should both alarm us and enlighten us as we examine their success. What is Rushdie’s primary argument, and in what tone does he make his plea? How well does Rushdie keep our attention as a writer and are his arguments credible? Are his claims supported by hard evidenceRead More You are what you watch! Essay1420 Words   |  6 Pageswere their only glimpse into how we lived our lives? Francine Prose ponders this same question in her essay â€Å"Voting Democracy off the Island: Reality TV and the Republican Ethos,† in which she asks not only what future anthropologists might deduce, but, â€Å"for that matter,† what â€Å"contemporary TV-addicted children and adults† might realize if they were to more closely examine their motivation for watching these shows (22). Salman Rushdie, in his article â€Å"Reality TV: A Dearth of Talent and the DeathRead MoreThe Reality Of Reality Television936 Words   |  4 PagesThe reality show phenomenon Have you ever wondered what attracts millions of Americans each week to watch this cultural phenomenon know as reality television? It first started in 1948 when Allen Funt created a TV series called Candid Camera, this is the first known reality television show series. â€Å"Reality television episodes have increased up to 57% of all television shows that can be found on your TV guides† (Shocking). Big Brother was one of the first successful and most viewed reality televisionRead MoreDuck Dynasty ´s Phil Robertson and His Interview and Opinion Regarding Homosexuality1278 Words   |  5 PagesThere is a fine line between expressing your personal opinion and verbally criticizing others. However, when it comes down to it, what was Phil Robertson, the â€Å"dad of Duck Dynasty,† really doing? â€Å"My mission today is to go forth and tell people about why I follow Christ and also what the bible teaches, and part of the teaching is that women and men are meant to be toge ther,† he stated. Personally, I believe that Phil Robertson was being brutally honest and I see no issue with that. Arts EntertainmentRead MoreWatching Tv Is Not So Bad969 Words   |  4 Pagesâ€Å"binge-watching† and â€Å"marathoning† TV series is becoming more and more socially acceptable in our day and age but there are still many people who hold the beliefs that watching TV makes you dumb, and who say things like â€Å"you should find something useful to do with your time.† Because to them, watching TV has no benefits to it at all. But what if there were actually ways to prove to those people that our binge-watching habits can actually make us smarter? As a person who loves her TV marathons, I was quite interestedRead MoreThe Effects Of Television On Our Health951 Words   |  4 Pagesstated in his article â€Å"Silent that Idiot box† that letting your children watch too much television can ruin them in the long run. Television has the ability to lead children to violence and destroy their innocence. Television can be pleasing to the eye. According to Jacoby children don’t become educated from watching TV. The more TV they watch, the less educated they usually end up. I agree with him because when I use to watch television I would feel extremely sluggish and not want to do anything else

Physical Beauty to Inner Beauty Free Essays

We are human beings, we need both physical beauty and inner beauty. We are not angels to search only for inner beauty. Also we are not devils to search only for outer beauty. We will write a custom essay sample on Physical Beauty to Inner Beauty or any similar topic only for you Order Now We have eyes, first of all we look at someone physical, but as the time goes by we know the real people whether having inner beauty or not. The three aspects i am going to discuss are respect, confidence and relationship. The three aspects i am going to discuss are respect, confidence and relationship. The are many different between physical beauty and inner beauty and the most important is respect. Inner beauty is responsible for providing the person with more respect and status in society. Also physical beauty play role but if you’re not good with your soul then the outer beauty role remain for less period but if you are good at your soul then you are talked everywhere. We may find a good and charming looking person but unless he or she is not good at soul we can not play a relationship. The other different is to be in confidence. The physical will always attract because of the hormones in our bodies but I also think that people have different ideas of what they are attracted to. But today’s society and cultures play a huge influence on what people should think is attractive but the people that today’s society and culture call beautiful exhibit strong confidence in how they appear, so confidence will play role in it too. The last different is in relationship. When you meet someone for the first time, you will acknowledge their physical beauty first and then after you talk to him/her for quite some time you will acknowledge their inner beauty like their personality, their wit and etc. You might not agree with me on this case because some of you might say that inner beauty is the real beauty. But if you ask people around I bet they will say the same thing. The first trigger will be physical beauty. You can take e. g. from the story of Cinderella. Prince choose chooses Cinderella when he spotted her with beautiful dress and make up nicely not with kitchen uniform, I wonder if the prince will even ask her dance if Cinderella’s wear her apron. The outer beauty will always attract but the inner beauty is what will give relationship long evity. In conclusion, we can say inner beauty has higher meaning on how we look at what is attractive. We should be more interested in the inner beauty first before seeking what is on the outside because beauty open locked doors, many people look for external beauty and they forget about feelings but in the end when the beauty is over, the same doors will be closed How to cite Physical Beauty to Inner Beauty, Essay examples

Distribution Channel of Coca Cola Essay Example For Students

Distribution Channel of Coca Cola Essay EXECUTIVE SUMMARY Today cold drinks have become an important item of refreshment. Cold drinks are an important part of each and every occasion that provides freshness. Worldwide, Coca-Cola and Pepsi are well known as the best soft drinks in the field of beverages. Under the present scenario companies are facing major problem that is â€Å"How to meet the consumer need. † The mind of the consumer is very unpredictable and it is very difficult to know what is going in the mind of the consumer. In today’s market situation, consumer has various options and choice. He can choose the best options available in the market, which gives them better service for the long time. So, in order to fulfill all the needs and demands of the consumer, the manufacturing companies should concentrate on the distribution channel and should make an effective and efficient distribution network. As we all know that the distribution channel is only one way through which the product is reaches to its consumer. So the company should have an effective distribution network which satisfy the demand and provide services to the consumer. In India, Coca-Cola and Pepsi are the main beverages making companies. These companies have flooded the market with various brands of beverages. The objective of the study is to study the distribution channel of COCA-COLA pvt. Ltd. In There are 8 distributors Nagpur market and to find out the factors responsible for low distribution and suggest the measure to improve the scenario. In Nagpur, coca-cola pvt. Ltd. is one of the bottling plants of Coca-Cola Company which is situated in Maharashtra in MIDC, Hingna, and Nagpur-440028. Of Coca-Cola in Nagpur region. And there are 7000 retailers under these distributors but it was not possible to cover all the retailers so as a sample has been taken for the study under these distributors. To under the procurement of new for coke by visiting at Nagpur. Required information has been collected through questionnaires and personnel interview with retailers. This information is presented in the form of charts, tables and graphs as the requirement. Data has been analysis accordingly and conclusion has been drawn based on the data analysis. Possible suggestion has been recommended at the end of the study. The major finding and conclusion of the research study conducted by the researcher are given in brief as under:- 1. 1. COCA-COLA IN INDIA Coca-Cola was the leading soft drink brand in India until 1977 when it left rather than reveals its formula to the government and reduces its equity stake as required under the Foreign Exchange Regulation Act (FERA) which governed the operations of foreign companies in India. After a 16-year absence, Coca-Cola returned to India in 1993, cementing its presence with a deal that gave Coca-Cola ownership of the nations top soft-drink brands and bottling network. Coke’s acquisition of local popular Indian brands including Thums Up (the most trusted brand in India), Limca, Maaza, Citra and Gold Spot provided not only physical manufacturing, bottling, and distribution assets but also strong consumer preference. This combination of local and global brands enabled Coca-Cola to exploit the benefits of global branding and global trends in tastes while also tapping into traditional domestic markets. Leading Indian brands joined the Companys international family of brands, including Coca Cola, diet Coke, Sprite and Fanta, plus the Schweppes product range. In 2000, the company launched the Kinley water brand and in 2001, Shock energy drink and the powdered concentrate Sunfill hit the market. From 1993 to 2003, Coca-Cola invested more than US$1 billion in India, making it one of the country’s top international investors. By 2003, Coca-Cola India had won the Prestigious Woodruff Cup from among 22 divisions of the Company based on three broad parameters of volume, profitability, and quality. .ud5c3fcc6f59fab0e3da4a1b8dc0c8970 , .ud5c3fcc6f59fab0e3da4a1b8dc0c8970 .postImageUrl , .ud5c3fcc6f59fab0e3da4a1b8dc0c8970 .centered-text-area { min-height: 80px; position: relative; } .ud5c3fcc6f59fab0e3da4a1b8dc0c8970 , .ud5c3fcc6f59fab0e3da4a1b8dc0c8970:hover , .ud5c3fcc6f59fab0e3da4a1b8dc0c8970:visited , .ud5c3fcc6f59fab0e3da4a1b8dc0c8970:active { border:0!important; } .ud5c3fcc6f59fab0e3da4a1b8dc0c8970 .clearfix:after { content: ""; display: table; clear: both; } .ud5c3fcc6f59fab0e3da4a1b8dc0c8970 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .ud5c3fcc6f59fab0e3da4a1b8dc0c8970:active , .ud5c3fcc6f59fab0e3da4a1b8dc0c8970:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .ud5c3fcc6f59fab0e3da4a1b8dc0c8970 .centered-text-area { width: 100%; position: relative ; } .ud5c3fcc6f59fab0e3da4a1b8dc0c8970 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .ud5c3fcc6f59fab0e3da4a1b8dc0c8970 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .ud5c3fcc6f59fab0e3da4a1b8dc0c8970 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .ud5c3fcc6f59fab0e3da4a1b8dc0c8970:hover .ctaButton { background-color: #34495E!important; } .ud5c3fcc6f59fab0e3da4a1b8dc0c8970 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .ud5c3fcc6f59fab0e3da4a1b8dc0c8970 .ud5c3fcc6f59fab0e3da4a1b8dc0c8970-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .ud5c3fcc6f59fab0e3da4a1b8dc0c8970:after { content: ""; display: block; clear: both; } READ: Alexander The Great EssayCoca-Cola India achieved 39% volume growth in 2002 while the industry grew 23% nationally and the Company reached breakeven profitability in the region for the first time. Encouraged by its 2002 performance, Coca-Cola India announced plans to double its capacity at an investment of $125 million (Rs. 750 crore) between September 2002 and March 2003. In 2003, Coca-Cola had 17 manufacturing units, 60 distribution centers catering to 5,000 distributors and one million retail outlets, serviced via trucks and three-wheelers. Coca-Cola directly employed 10,000 people. Coca-Cola India produced its beverages with 7,000 local employees at its twenty-seven Wholly-owned bottling operations supplemented by seventeen franchisee-owned bottling. Operations and network of twenty-nine contract-packers to manufacture a range of products for the company. The complete manufacturing process had a documented quality control and assurance program including over 400 tests performed throughout the process. Almost all the goods and services required to produce and market. Coca-Cola in India are made locally, sometimes with the help of technology and skills from the Company. The complexity of the consumer soft drink market demanded a distribution process to Support 700,000 retail outlets serviced by a fleet that includes 10-ton trucks, open-bay three wheelers, and trademarked tricycles and pushcarts that were used to navigate the narrow alleyways of the cities. In addition to its own employees, Coke indirectly created employment for another 125,000 Indians through its procurement, supply, and distribution networks. While The Coca-Cola Company is a global company with some of the world’s most widely recognized brands, the Coca-Cola business in India, as in each country where coca-cola operate, is a local business. Our beverages are produced locally, employing Indian citizens, our product range and marketing reflect Indian tastes and lifestyles, and we are deeply involved in the life of the local communities in which we operate. BOTTLING OPERATIONS The Coca-Cola system in India comprises 27 wholly-owned Company-owned bottling operations and another 17 franchisee-owned bottling operations. A network of 29 contract-packers also manufactures a range of products for the Company. Almost all the goods and services required to produce and market Coca-Cola in India are made locally, sometimes with the help of technology and skills from the Company. CREATION OF THE IDEA OF THE SOFT DRINK: In olden days people used to quench their thirst by taking â€Å"Water† and â€Å"Ganna Juice† or they use â€Å"Lemon water† (a concentrate of water lemon and sugar) or fruit juice which is still prevailing in the market. But as we know people became more and more efficient, there was a felt needed for more sophisticated means of satisfying thirst, which ultimately gave way to the production of the modern soft drinks. 1. 2. AIM AND OBJECTIVES 1. AIM:- To study the procurement of new order of coke by visiting at nagpur . 2. Objectives: The aim that has been kept during the research work for the objective to be accomplished and the aspect/ area to be covered during the research are highlighted below:- (i)To generate consumer interest including trials to enlarge the market. (ii)To improve its position in the market. (iii)To modify the attitudes and understanding of the customer. (iv)To generate inquiries from the target customer group for customer contacts. (v)To safeguard outlets from canalization. (vi)To increase the rate of purchase for increasing the sale. (vii)To know whether retailers are satisfied with company’s distribution network. viii)To know the scheme that is given by the retailers to the consumer to increase the sale. 1. 3. Mission, Vision Values MISSION Everything we do is inspired by our enduring mission: †¢To Refresh the World in body, mind, and spirit. †¢To Inspire Moments of Optimism through our brands and our actions. †¢To Create Value and Make a Difference everywhere we eng age VISION To achieve sustainable growth, we have established a vision with clear goals. †¢Profit: Maximizing return to shareowners while being mindful of our overall responsibilities. †¢People: Being a great place to work where people are inspired to be the best they can be. Portfolio: Bringing to the world a portfolio of beverage brands that anticipate and satisfy peoples’ desires and needs. †¢Partners: Nurturing a winning network of partners and building mutual loyalty. †¢Planet: Being a responsible global citizen that makes a difference VALUES We are guided by shared values that we will live by as a company and as individuals. †¢Leadership: The courage to shape a better future †¢Passion: Committed in heart and mind †¢Integrity: Be real †¢Accountability: If it is to be, it’s up to me †¢Collaboration: Leverage collective genius †¢Innovation: Seek, imagine, create, delight †¢Quality: What we do, we do well