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Headquarters
Headquarters
Headquarters
(commonly referred to as HQ or HD) is/are the locations where most, if not all, of the important functions of an organization are coordinated. In the United States, the corporate headquarters represents the entity at the center or the top of a corporation taking full responsibility for managing all business activities.[1] In the UK, the term head office is most commonly used for the HQs of large corporations
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Human Resources
Human resources are the people who make up the workforce of an organization, business sector, or economy. "Human capital" is sometimes used synonymously with "human resources", although human capital typically refers to a more narrow view (i.e., the knowledge the individuals embody and economic growth)
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Soviet Union
The Soviet Union
Soviet Union
(Russian: Сове́тский Сою́з, tr. Sovétsky Soyúz, IPA: [sɐˈvʲɛt͡skʲɪj sɐˈjus] ( listen)), officially the Union of Soviet Socialist Republics (Russian: Сою́з Сове́тских Социалисти́ческих Респу́блик, tr. Soyúz Sovétskikh Sotsialistícheskikh Respúblik, IPA: [sɐˈjus sɐˈvʲɛtskʲɪx sətsɨəlʲɪsˈtʲitɕɪskʲɪx rʲɪˈspublʲɪk] ( listen)), abbreviated as the USSR (Russian: СССР, tr. SSSR), was a socialist state in Eurasia
Eurasia
that existed from 1922 to 1991. Nominally a union of multiple national Soviet republics,[a] its government and economy were highly centralized. The country was a one-party state, governed by the Communist Party with Moscow
Moscow
as its capital in its largest republic, the Russian Soviet Federative Socialist Republic
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Westchase, Houston
Houston
Houston
(/ˈhjuːstən/ ( listen) HYOO-stən) is the most populous city in the U.S. state
U.S. state
of Texas
Texas
and the fourth-most populous city in the United States, with a census-estimated 2016 population of 2.303 million[2] within a land area of 599.59 square miles (1,552.9 km2).[7] It is the largest city in the Southern United States,[8] and the seat of Harris County. Located in Southeast Texas
Texas
near the Gulf of Mexico, it is the principal city of the Greater Houston
Houston
metro area, which is the fifth-most populated MSA in the United States. Houston
Houston
was founded on August 30, 1836, near the banks of Buffalo Bayou (now known as Allen's Landing)[9][10] and incorporated as a city on June 5, 1837
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Materiel
Materiel, more commonly matériel in US English and also listed as the only spelling in some UK dictionaries,[1][2][3][4] (both pronounced /məˌtɪriˈɛl/, from French matériel meaning equipment or hardware) refers to military technology and supplies in military and commercial supply chain management. In a military context, materiel relates to the specific needs of a force to complete a specific mission. The term is also often used in a general sense ("men and materiel") to describe the needs of a functioning army. Materiel
Materiel
management consists of continuing actions relating to planning, organizing, directing, coordinating, controlling, and evaluating the application of resources to ensure the effective and economical support of military forces. It includes provisioning, cataloging, requirements determination, acquisition, distribution, maintenance, and disposal
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Business Unit
In business, a strategic business unit (SBU) is a profit center which focuses on product offering and market segment. SBUs typically have a discrete marketing plan, analysis of competition, and marketing campaign, even though they may be part of a larger business entity. An SBU may be a business unit within a larger corporation, or it may be a business into itself or a branch. Corporations may be composed of multiple SBUs, each of which is responsible for its own profitability. General Electric
General Electric
is an example of a company with this sort of business organization. SBUs are able to affect most factors which influence their performance. Managed as separate businesses, they are responsible to a parent corporation
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Customers
In sales, commerce and economics, a customer (sometimes known as a client, buyer, or purchaser) is the recipient of a good, service, product or an idea - obtained from a seller, vendor, or supplier via a financial transaction or exchange for money or some other valuable consideration.[1][2]Contents1 Etymology1.1 Clients 1.2 Customers2 Customer segmentation 3 See also 4 Notes4.1 References5 Further readingEtymology[edit] Early societies relied on a gift economy based on favours. Later, as commerce developed less permanent human relations were formed, depending more on transitory needs rather than enduring social desires. Although such distinctions have no contemporary semantic weight, certain (short term) sectors prefer client while more stable, repeat business operations tend to prefer customer Clients[edit] The term client is derived from Latin clientem or clinare meaning "to incline” or “to bend," and is related to the emotive idea of closure
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Chief Executive Officer
Chief executive officer (CEO)[1] is the position of the most senior corporate officer, executive, leader or administrator in charge of managing an organization – especially an independent legal entity such as a company or nonprofit institution. CEOs lead a range of organizations, including public and private corporations, non-profit organizations and even some government organizations (e.g., Crown corporations). The CEO of a corporation or company typically reports to the board of directors and is charged with maximizing the value of the entity,[1] which may include maximizing the share price, market share, revenues, or another element. In the non-profit and government sector, CEOs typically aim at achieving outcomes related to the organization's mission, such as reducing poverty, increasing literacy, etc
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Procurement
Procurement
Procurement
is the process of finding, agreeing terms and acquiring goods, services or works from an external source, often via a tendering or competitive bidding process. The process is used to ensure the buyer receives goods, services or works at the best possible price, when aspects such as quality, quantity, time, and location are compared.[1] Corporations and public bodies often define processes intended to promote fair and open competition for their business while minimizing risk, such as exposure to fraud and collusion. Almost all purchasing decisions include factors such as delivery and handling, marginal benefit, and price fluctuations. Procurement generally involves making buying decisions under conditions of scarcity
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Information Technology
Information
Information
technology (IT) is the use of computers to store, retrieve, transmit and manipulate data,[1] or information, often in the context of a business or other enterprise.[2] IT is considered to be a subset of information and communications technology (ICT). Humans have been storing, retrieving, manipulating, and communicating information since the Sumerians in Mesopotamia
Mesopotamia
developed writing in about 3000 BC,[3] but the term information technology in its modern sense first appeared in a 1958 article published in the Harvard Business Review; authors Harold J. Leavitt and Thomas L. Whisler commented that "the new technology does not yet have a single established name
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Finance
Finance
Finance
is a field that deals with the study of investments. It includes the dynamics of assets and liabilities over time under conditions of different degrees of uncertainties and risks. Finance can also be defined as the science of money management. Market participants aim to price assets based on their risk level, fundamental value, and their expected rate of return
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Marketing
Marketing
Marketing
is the study and management of exchange relationships.[1][2] Marketing
Marketing
is used to create, keep and satisfy the customer
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Vatican City
Vatican City
City
(/ˈvætɪkən ˈsɪti/ ( listen); Italian: Città del Vaticano [tʃitˈta del vatiˈkaːno]; Latin: Civitas Vaticana),[d] officially Vatican City
City
State or State of Vatican City (Italian: Stato della Città del Vaticano;[e] Latin: Status Civitatis Vaticanae),[f] is an independent state located within the city of Rome. With an area of 44 hectares (110 acres), and a population of about 1,000,[3] it is the smallest state in the world by both area and population. However, formally it is not sovereign, with sovereignty being held by the Holy See. It is an ecclesiastical[3] or sacerdotal-monarchical[7] state (a type of theocracy) ruled by the Bishop of Rome
Rome
– the Pope. The highest state functionaries are all Catholic clergy of various national origins
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Income Tax In The United States
Income taxes in the United States
United States
are imposed by the federal, most state, and many local governments. The income taxes are determined by applying a tax rate, which may increase as income increases, to taxable income, which is the total income less allowable deductions. Income is broadly defined. Individuals and corporations are directly taxable, and estates and trusts may be taxable on undistributed income. Partnerships
Partnerships
are not taxed, but their partners are taxed on their shares of partnership income. Residents and citizens are taxed on worldwide income, while nonresidents are taxed only on income within the jurisdiction. Several types of credits reduce tax, and some types of credits may exceed tax before credits
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Corporate Communications
Corporate communication is a set of activities involved in managing and orchestrating all internal and external communications aimed at creating favourable point of view among stakeholders on which the company depends.[1] It is the messages issued by a corporate organization, body, or institute to its audiences, such as employees, media, channel partners and the general public. Organizations aim to communicate the same message to all its stakeholders, to transmit coherence, credibility and ethic. Corporate communication helps organizations explain their mission, combine its many visions and values into a cohesive message to stakeholders
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Strategic Planning
Strategic planning
Strategic planning
is an organization's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy. It may also extend to control mechanisms for guiding the implementation of the strategy. Strategic planning became prominent in corporations during the 1960s and remains an important aspect of strategic management. It is executed by strategic planners or strategists, who involve many parties and research sources in their analysis of the organization and its relationship to the environment in which it competes.[1] Strategy
Strategy
has many definitions, but generally involves setting goals, determining actions to achieve the goals, and mobilizing resources to execute the actions. A strategy describes how the ends (goals) will be achieved by the means (resources). The senior leadership of an organization is generally tasked with determining strategy
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