How Do Companies/Corporations Work?

6 replies
Hi,

I know that we all in internet marketing know exactly how we work... create products, sales copy, joint ventures, paid advertising, websites, email marketing... and etc...

But I'm wondering, how exactly does a big company work? Does anybody know of a Complete Guide to How companies/corporations function in detail?

I imagine the owner of a big company takes me by the and walks me through the company compound and says...

"That's my CEO over there, he does xxxx and xxx and xxx, and his daily life is xxxxx blah blah..."

"That's the marketing manager over there... he is in charge of xxxx... his tasks are to xxxx blah blah..."

"We have xxxx number of people in the company.... let me go through with you what each of them does... blah blah...."

That would be cool wouldn't it? And then I would get a thorough understanding of what everyone in the company does, and not have no idea what a whole lot of people are really doing there.

Sometimes I wonder...

*Why are the sales people in the office? Shouldn't they be out of the office and selling to customers in person?

*The only people that should be in the office most of the time are administrative people. But why are there so many administrative people? Shouldn't the administrative side be less than the sales people and product creation people?

*And why do some companies have so many directors for?

The way I see it, because a company is so big, there can be many people getting away with doing nothing and getting paid for it.

I am interested to know more in-depth about how a corporation runs, so that I can pinpoint exactly what everybody is there for, and what they are supposed to do that will contribute to the business.

I wonder if there is a complete guide to how a corporation runs and with everything split down into the details and different components of it. Even better if it is based on real life companies as examples, like the nitty gritty details of how Apple runs, or Microsoft... etc.
#companies or corporations #work
  • Profile picture of the author fcf360
    Originally Posted by MindReality View Post


    I wonder if there is a complete guide to how a corporation runs and with everything split down into the details and different components of it. Even better if it is based on real life companies as examples, like the nitty gritty details of how Apple runs, or Microsoft... etc.
    For an average corporation, only 3% of the people associated with the corporation are A players. 17% are B players.. and you can just all about forget about the rest... the C's and the losers and the hangers ons.

    For any organization, the goal is to have an organization full of A players and weed out the rest..
    Signature
    The Warrior Forum
    {{ DiscussionBoard.errors[8421569].message }}
  • Profile picture of the author GrowTutor
    There is no definitive guide because they're all different just like two blogs in the same niche do things differently.

    Not all sales (and therefore not all sales persons) are the same. Some go out some don't.

    In some companies there are fewer administrative people.

    Some companies have no directors. The larger ones sometimes have more because each one specializes and they find that more productive than one trying to do it all.

    It's not a one size fits all situation...
    {{ DiscussionBoard.errors[8421577].message }}
  • Interesting questions mindreality,

    As growtutor mentions, not all businesses are the same so you might get different answers to your list of questions as to why things are the way they are. Not all business cultures are the same and depending on the industry, the structure of management and ratio of sales to support staff could vary drastically.
    To confuse you even more these roles may not even be identified by the same title in all organizations. Where one organization might call someone a sales person another might call them a “customer advocate”.

    You could check out some books on amazon to see if those would help. Heres one,

    How a Business Works: What Every Businessperson,...How a Business Works: What Every Businessperson,...
    Alternatively, you could try and reach out to someone in a large organization and interview them. If you ever take business courses at a University, they explain all of these things pretty well but there is really just a general framework as to how organizations operate. Culture, industry, management style at the top, and market conditions all contribute to the way an organization behaves.

    Best,

    Shawn
    Signature
    Outsource to the experts...

    We customize your Blog, eBook, Press Release and Sale Copy content with your message.

    {{ DiscussionBoard.errors[8421948].message }}
  • Profile picture of the author laurencewins
    You could read 20 guides and each would be different. Big corporations work according to how they are set up and their individual needs and goals. I don't know how it would benefit you to know how a particular company works.
    I have worked in several large companies and have a basic knowledge but each one is very different so it's like comparing apples and oranges. They may be both fruit but they're very different.
    Signature

    Cheers, Laurence.
    Writer/Editor/Proofreader.

    {{ DiscussionBoard.errors[8421992].message }}
  • Profile picture of the author GoldTrader
    If I can recommend anything if you incorporate in US, go for either one of the following, and their following reasons:

    Delaware - For Fortune 500's as their laws highly favor higher level management
    Wyoming - A tax haven but still friendly with IRS, low reporting
    Nevada - No tax laws, not considered friendly with IRS

    You can also look at Panama as a tax haven.

    Incorporate isn't that hard or as hard as some make it seem. I hired a trust company to handle mine but you need to have the same structure as any other corporation like, President, Director, Exceutive, etc... You can sell shares also. In Canada, incorporating privately with the Federal government gives amazing perks such as much lower tax bracket and easier reporting for one (That's for 100% Canadian Owned Companies or CCPC).

    I prefer being incorporated in Canada since our dollar is still backed by gold where the USD is inflated beyond sane levels. I can also claim up to $500,000 per year, 100% Tax free to me personally as an executive class officer.

    It's very beneficial to incorporate also as a personal assets protection. In a lawsuit, a person would sue the company and not the business owner. Only time the company directors and such are held personally accountable is if they deliveraly broke the law causing loss, such as fraud. Let's say someone broke their leg whilst on your property, you personally cannot be sued but your company would.

    Owning a company is like a whole other person who owns the business, you, as president (?) speak and act on behalf of the company. This sentence is the best way I can explain it.

    It costs more than starting a business to incorporate but it's well worth it. There's a reason why normal people hate corporations, there's little to no human accountability and get away with so much that a normal person probably coulsn't get away with. There's lots of exploitable loopholes for corporations and the worst part is, the government endorses the use of those loophole programs...

    Hoope this helps and I wish you all the best with your new corporation!!

    -GoldTrader
    Gigas Gaming & Entertainment Inc.
    {{ DiscussionBoard.errors[8422272].message }}
  • Profile picture of the author Rod Cortez
    Originally Posted by MindReality View Post

    Hi,

    I know that we all in internet marketing know exactly how we work... create products, sales copy, joint ventures, paid advertising, websites, email marketing... and etc...

    But I'm wondering, how exactly does a big company work? Does anybody know of a Complete Guide to How companies/corporations function in detail?

    I imagine the owner of a big company takes me by the and walks me through the company compound and says...

    "That's my CEO over there, he does xxxx and xxx and xxx, and his daily life is xxxxx blah blah..."

    "That's the marketing manager over there... he is in charge of xxxx... his tasks are to xxxx blah blah..."

    "We have xxxx number of people in the company.... let me go through with you what each of them does... blah blah...."

    That would be cool wouldn't it? And then I would get a thorough understanding of what everyone in the company does, and not have no idea what a whole lot of people are really doing there.

    Sometimes I wonder...

    *Why are the sales people in the office? Shouldn't they be out of the office and selling to customers in person?

    *The only people that should be in the office most of the time are administrative people. But why are there so many administrative people? Shouldn't the administrative side be less than the sales people and product creation people?

    *And why do some companies have so many directors for?

    The way I see it, because a company is so big, there can be many people getting away with doing nothing and getting paid for it.

    I am interested to know more in-depth about how a corporation runs, so that I can pinpoint exactly what everybody is there for, and what they are supposed to do that will contribute to the business.

    I wonder if there is a complete guide to how a corporation runs and with everything split down into the details and different components of it. Even better if it is based on real life companies as examples, like the nitty gritty details of how Apple runs, or Microsoft... etc.
    A basic Business 101 course along with a Finance 101 course from any community college or University would answer most, if not all, of your questions.

    A corporation is merely a business structure and legally it's an independent legal entity owned by shareholders. So a corporation can be private or it can be public (shares can be purchased on a stock exchange).

    How the corporation is run and how it's specifically set up with vary greatly, depending on what kind of business it is, how it collects revenues, etc.

    Here are a couple links that will explain some of this:

    San Jose Small Business Lawyers - Entrepreneur's Guide to Corporations and How They Work - Small Business FAQ 008 - Business Start Up Attorney - Grellas Shah LLP

    How Does a C Corporation Work? | Chron.com

    RoD
    Signature
    "Your personal philosophy is the greatest determining factor in how your life works out."
    - Jim Rohn
    {{ DiscussionBoard.errors[8422301].message }}

Trending Topics