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A headquarters normally includes the leader of a business unit and their staff, as well as all functions to manage the business unit and operational activities. The head of the business unit is responsible for overall result of the business unit.
The corporate headquarters may or may not be in the location in which the business is incorporated or where the majority of its employees work. Offices of a business that are not the corporate headquarters are called "branch offices". [11] The headquarters is often selected by the founders of the company to be conveniently located to where they ...
In identifying a specific headquarters unit, it is usually referred to by its abbreviation as an HHC. While a regular line company is formed of three or four platoons, an HHC is made up of the headquarters staff and headquarters support personnel of a battalion, brigade, division, or higher level unit. As these personnel do not fall inside one ...
For example, $225K would be understood to mean $225,000, and $3.6K would be understood to mean $3,600. Multiple K's are not commonly used to represent larger numbers. In other words, it would look odd to use $1.2KK to represent $1,200,000. Ke – Is used as an abbreviation for Cost of Equity (COE).
Choosing a structure for a company is an important decision and must be strategically thought out because it could either aid or harm the making of business. The structure must also be a good fit for the type of activities, goals, and vision of the company. [3] The organizational structure is a reflection of how conveniently business is conducted.
A registered office is the official address of an incorporated company, association or any other legal entity.Generally it will form part of the public record and is required in most countries where the registered organization or legal entity is incorporated. [1]
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A modern corporate office building in Münster, North Rhine-Westphalia, Germany An office building of Nokia Corporation in Hervanta, Tampere, Finland. 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 ...