TheRiseofBigBusiness-ClovisMunicipalSchools：大企业的兴起，克洛维斯市的学校

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1、TheTriumphofIndustryTheRiseofBigBusinessCorporationsDevelopCorporation-Anumberofpeoplesharetheownershipofabusiness.Ifacorporationexperienceseconomicproblems,theinvestorslosenomoremoneythanwhattheyhadoriginallyputintothebusiness.Corporationsaccesstolargeamountso

2、fmoney,fundednewtechnology,enterednewindustriesandrunlargeplantsacrossthecountry.GainingaCompetitiveEdgeCorporationstriedtomaximizeprofitsinseveralways:PayingworkerslesswagesAdvertisingproductsGainingaMonopoloyMonopoly-Completecontrolofaproduct.Cartel-businesse

3、smakingthesameproductwouldagreetolimittheirproductionandkeepthepriceshighforthatparticularitem.Trusts-Companiesassigntheirstocktoaboardoftrustees,whocombinethemintoaneworganization.Thetrusteesruntheorganization,payingthemselvesdividendsonprofits.FORMATIONOrgani

4、zedbyassociatesandlegalizedthroughstatecharterOWNERSHIPStockholders,accordingtonumberofsharesCONTROLANDMANAGEMENTThroughBoardofDirectors,electedbythestockholders(usuallyonevotepershareofstockheld)NETPROFITSANDLOSSESDividends:tostockholders=profitsLose:onlytheam

5、ountinvestedbystockholdersaccordingtonumberofsharesLIMITEDLIABILITYCORPORATIONConglomerateAgroupofunrelatedbusinessownedbyasinglecorporation.Stillusedtodaybycompaniesthatmerge.PoolCompetingcompaniesthatagreetofixpricesanddivideregionsamongmemberssothatonlyoneco

6、mpany operatesineacharea.Outlawedtoday.Trust(Monopoly)Companiesinrelatedfieldsagreetocombineunderthedirectionofasingleboardoftrustees,whichmeantthatshareholdershadnosay.Outlawedtoday.HoldingCompanyAcompanythatbuyscontrollingamountsofstockinrelatedcompanies,thus

7、becomingthemajorityshareholder,andholdingconsiderablesayovereachcompany'sbusinessoperations.Outlawedtoday.BUSINESSORGANIZATIONSBUSINESSORGANIZATIONSTrustsorMonopolyCompaniesinrelatedfieldscombineunderthedirectionofasingleboardoftrustees.Shareholdershadnosay.Out

8、lawedtoday.TRUSTSANDMONOPOLIESBIGGERISBETTERAtrustormonopolycontrolsanentireindustrymakeproductcheaperlowerpricestocustomerMONOPOLIESANDTRUSTSJOHNROCKEFELLERCaptainofIndustr