Wallace Rasmussen
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Wallace Rasmussen
Wallace Rasmussen (July 11, 1914September 21, 2008) was an American businessman and prominent philanthropist. Hired at Beatrice Foods Company in 1934 as an ice hauler, Rasmussen served as president and then chairman and chief executive officer of the former international food conglomerate, Beatrice, (now a part of ConAgra Foods) from 1976 until his retirement in 1980. Rasmussen rose to the top of the business with just a high school diploma. Early life Rasmussen was born in Lincoln, Nebraska, on July 11, 1914. He was born to Lars Berg Rasmussen, a Danish immigrant, and Millie Wallick and raised on a dairy farm. Career By the time Rasmussen graduated from high school at the age of 16, the Great Depression had ravaged the Rasmussen farm, leaving the family destitute. Working menial jobs, from delivering handbills door to door and cutting jigsaw puzzles to hiring himself out as a ranch hand, Rasmussen vowed that "if he ever landed work with a big company, he'd never let go ...
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Lincoln, Nebraska
Lincoln is the List of capitals in the United States, capital city of the U.S. state of Nebraska. The city covers and had a population of 291,082 as of the 2020 census. It is the state's List of cities in Nebraska, second-most populous city and the List of United States cities by population, 72nd-most populous in the United States. The county seat of Lancaster County, Nebraska, Lancaster County, Lincoln is the economic and cultural anchor of the Lincoln, Nebraska metropolitan area, home to approximately 345,000 people. Lincoln was founded in 1856 as the village of Lancaster on the wild inland salt marsh, salt marshes and arroyos of what became Lancaster County. Renamed after President Abraham Lincoln, it became Nebraska's state capital in 1869. The Bertram G. Goodhue–designed Nebraska State Capitol, state capitol building was completed in 1932, and is the nation's second-tallest capitol. As the city is the seat of government for the state of Nebraska, the state and the U.S. ...
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Pantheon Books
Pantheon Books is an American book publishing imprint. Founded in 1942 as an independent publishing house in New York City by Kurt and Helen Wolff, it specialized in introducing progressive European works to American readers. In 1961, it was acquired by Random House, and André Schiffrin was hired as executive editor, who continued to publish important works, by both European and American writers, until he was forced to resign in 1990 by Random House owner Samuel Irving Newhouse, Jr. and president Alberto Vitale. Several editors resigned in protest, and multiple Pantheon authors including Studs Terkel, Kurt Vonnegut, and Barbara Ehrenreich held a protest outside Random House. In 1998, Bertelsmann purchased Random House, and the imprint has undergone a number of corporate restructurings since then. It is now part of the Knopf Doubleday Publishing Group under Penguin Random House.Random House, Inc. Datamonitor Company Profiles Authority: Retrieved June 20, 2007, from EBSCO Hos ...
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Tropicana Products Inc
Tropicana may refer to: Companies *Tropicana Entertainment, a former casino company that owned several Tropicana-branded casinos *Tropicana Products, a Chicago-based food company known for orange juice Hotels and nightclubs *Tropicana Casino & Resort Atlantic City, Atlantic City, New Jersey *Tropicana Club, a nightclub in Havana, Cuba *Tropicana Evansville, now Bally's Evansville, a casino hotel in Evansville, Indiana *Tropicana Laughlin, a casino hotel in Laughlin, Nevada *Tropicana Las Vegas, a demolished former casino hotel on the Las Vegas Strip Music *"Tropicana", a song by Gruppo Italiano Places *Tropicana, Weston-super-Mare, a now-derelict outdoor swimming pool in Somerset, England *Tropicana Avenue, a street in Las Vegas, Nevada *Tropicana Field, a baseball stadium in St. Petersburg, Florida *Tropicana Gold Mine, a major gold mine in Western Australia *Tropicana LRT station, a transit station in Malaysia Sports *Tropicana 400, a NASCAR race, now known as the Camping Wor ...
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Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ...
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Portfolio (finance)
In finance, a portfolio is a collection of investments. Definition The term "portfolio" refers to any combination of financial assets such as stocks, bonds and cash. Portfolios may be held by individual investors or managed by financial professionals, hedge funds, banks and other financial institutions. It is a generally accepted principle that a portfolio is designed according to the investor's risk tolerance, time frame and investment objectives. The monetary value of each asset may influence the risk/reward ratio of the portfolio. When determining asset allocation, the aim is to maximise the expected return and minimise the risk. This is an example of a multi-objective optimization problem: many efficient solutions are available and the preferred solution must be selected by considering a tradeoff between risk and return. In particular, a portfolio A is dominated by another portfolio A' if A' has a greater expected gain and a lesser risk than A. If no portfolio dominates A ...
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Mergers And Acquisitions
Mergers and acquisitions (M&A) are business transactions in which the ownership of a company, business organization, or one of their operating units is transferred to or consolidated with another entity. They may happen through direct absorption, a merger, a tender offer or a hostile takeover. As an aspect of strategic management, M&A can allow enterprises to grow or downsize, and change the nature of their business or competitive position. Technically, a is the legal consolidation of two business entities into one, whereas an occurs when one entity takes ownership of another entity's share capital, equity interests or assets. From a legal and financial point of view, both mergers and acquisitions generally result in the consolidation of assets and liabilities under one entity, and the distinction between the two is not always clear. Most countries require mergers and acquisitions to comply with antitrust or competition law. In the United States, for example, the Cl ...
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Chief Executive Officer
A chief executive officer (CEO), also known as a chief executive or managing director, is the top-ranking corporate officer charged with the management of an organization, usually a company or a nonprofit organization. CEOs find roles in various organizations, including public and private corporations, Nonprofit organization, nonprofit organizations, and even some government organizations (notably state-owned enterprises). The governor and 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 profitability, market share, revenue, or another financial metric. 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. Origins The term "chief executi ...
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Chicago
Chicago is the List of municipalities in Illinois, most populous city in the U.S. state of Illinois and in the Midwestern United States. With a population of 2,746,388, as of the 2020 United States census, 2020 census, it is the List of United States cities by population, third-most populous city in the United States after New York City and Los Angeles. As the county seat, seat of Cook County, Illinois, Cook County, the List of the most populous counties in the United States, second-most populous county in the U.S., Chicago is the center of the Chicago metropolitan area, often colloquially called "Chicagoland" and home to 9.6 million residents. Located on the shore of Lake Michigan, Chicago was incorporated as a city in 1837 near a Chicago Portage, portage between the Great Lakes and the Mississippi River, Mississippi River watershed. It grew rapidly in the mid-19th century. In 1871, the Great Chicago Fire destroyed several square miles and left more than 100,000 homeless, but ...
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District
A district is a type of administrative division that in some countries is managed by the local government. Across the world, areas known as "districts" vary greatly in size, spanning regions or county, counties, several municipality, municipalities, subdivisions of municipalities, school district, or political district. Etymology The word "district" in English is a Loanword, loan word from French language, French. It comes from Medieval Latin districtus–"exercising of justice, restraining of offenders". The earliest known English-language usage dates to 1611, in the work of lexicographer Randle Cotgrave. By country or territory Afghanistan In Afghanistan, a district (Persian language, Persian ) is a subdivision of a province. There are almost 400 districts in the country. Australia Electoral districts are used in state elections. Districts were also used in several states as cadastral units for land titles. Some were used as squatting districts. Cadastral divi ...
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Operations Management
Operations management is concerned with designing and controlling the production (economics), production of good (economics), goods and service (economics), services, ensuring that businesses are efficiency, efficient in using resources to meet customer requirements. It is concerned with managing an entire production system that converts inputs (in the forms of raw materials, Manual labour, labor, consumers, and energy) into outputs (in the form of goods and services for consumers). Operations management covers sectors like banking systems, hospitals, companies, working with suppliers, customers, and using technology. Operations is one of the major functions in an organization along with supply chains, marketing, finance and human resources. The operations function requires management of both the strategic and day-to-day production of goods and services. In managing manufacturing or service operations, several types of decisions are made including operations strategy, product ...
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New Press
The New Press is an independent non-profit public-interest book publisher established in 1992 by André SchiffrinReid, Calvin (December 2, 2013)"New Press Founder André Schiffrin Dead at 78" ''Publishers Weekly''. Accessed August 1, 2014. ( Chevalier of the Légion d'honneur) and Diane Wachtell,McFadden, Robert D. (December 1, 2013)"André Schiffrin, Publishing Force and a Founder of New Press, Is Dead at 78" ''The New York Times''. publishing many books with a left-wing political viewpoint. Details In 1990, André Schiffrin resigned as editor-in-chief of Pantheon Books and within two years raised enough money to launch the New Press, with former Pantheon editor Diane Wachtell. Many of Schiffrin's authors from Pantheon, including Studs Terkel, left to join him. The New Press is a nonprofit organization whose stated mission is to publish books that "promote and enrich public discussion and understanding of the issues vital to our democracy and to a more equitable world." Sch ...
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Ranch Hand
A cowboy is an animal herder who tends cattle on ranches in North America, traditionally on horseback, and often performs a multitude of other ranch-related tasks. The historic American cowboy of the late 19th century arose from the '' vaquero'' traditions of northern Mexico and became a figure of special significance and legend.Malone, J., p. 1. A subtype, called a wrangler, specifically tends the horses used to work cattle. In addition to ranch work, some cowboys work for or participate in rodeos. Cowgirls, first defined as such in the late 19th century, had a less-well documented historical role, but in the modern world work at identical tasks and have obtained considerable respect for their achievements. Cattle handlers in many other parts of the world, particularly South America and Australia, perform work similar to the cowboy. The cowboy has deep historic roots tracing back to Spain and the earliest European settlers of the Americas. Over the centuries, differences in ...
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