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Lyoness
myWorld, formerly Lyoness, is a multi-level marketing company established in Austria in 2003. According to Lyoness, the company was active in more than 40 countries, spread over six continents, and their Social shopping, shopping community consisted of more than five million members as of 2016. In several countries Lyoness is suspected as being, or ruled as being, a pyramid scheme. Business model Shopping community Lyoness operates an international, cross-sectoral Social shopping, shopping community, from which members and merchants presumably benefit through cashback reward program, cashback discounts and loyalty business model, customer loyalty, respectively.“How does Lyoness work”
“Lyoness Official Website”, June 8, 2013
Lyoness announced that starting July 2014, all multi-level marketing, netw ...
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Lyonesse
Lyonesse is a kingdom which, according to legend, consisted of a long strand of land stretching from Land's End at the southwestern tip of Cornwall, England, to what is now the Isles of Scilly in the Celtic Sea portion of the Atlantic Ocean. It was considered lost after being swallowed by the ocean in a single night. The people of Lyonesse allegedly lived in what is described as fair towns, with over 140 churches, and worked in fertile, low-lying plains. Lyonesse's most significant attraction was a castle-like cathedral that was presumably built on top of what is now the Seven Stones Reef between Land's End and the Isles of Scilly, some west of Land's End and north-east of the Isles of Scilly. Lyonesse is mentioned in Arthurian legend, but particularly in the tragic love-and-loss story of Tristan and Iseult. Lyonesse is most notable as the home of the hero Tristan (one of the Knights of the Round Table), whose father Meliodas was king of Lyonesse. After the death of Meliodas, ...
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Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Organization
An organization or organisation (Commonwealth English; see spelling differences), is an entity—such as a company, an institution, or an association—comprising one or more people and having a particular purpose. The word is derived from the Greek word ''organon'', which means tool or instrument, musical instrument, and organ. Types There are a variety of legal types of organizations, including corporations, governments, non-governmental organizations, political organizations, international organizations, armed forces, charities, not-for-profit corporations, partnerships, cooperatives, and educational institutions, etc. A hybrid organization is a body that operates in both the public sector and the private sector simultaneously, fulfilling public duties and developing commercial market activities. A voluntary association is an organization consisting of volunteers. Such organizations may be able to operate without legal formalities, depending on jurisdiction, includ ...
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Charity (practice)
The practice of charity is the voluntary giving of help to those in need, as a humanitarian act, unmotivated by self-interest. There are a number of philosophies about charity, often associated with religion. Etymology The word ''charity'' originated in late Old English to mean a "Christian love of one's fellows", and up until at least the beginning of the 20th century, this meaning remained synonymous with charity. Aside from this original meaning, ''charity'' is etymologically linked to Christianity, with the word originally entering into the English language through the Old French word ''charité'', which was derived from the Latin ''caritas'', a word commonly used in the Vulgate New Testament to translate the Greek word ''agape'' (), a distinct form of love (see the article: Charity (virtue)). Over time, the meaning of ''charity'' has evolved from one of "Christian love" to that of "providing for those in need; generosity and giving", a transition which began with the Old ...
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SK Slavia Prague
Sportovní klub Slavia Praha – fotbal (Sports Club Slavia Prague – Football, ), commonly known as Slavia Praha or Slavia Prague, is a Czech professional football club in Prague. Founded in 1892, they are the second most successful club in the Czech Republic since its independence in 1993. They play in the Czech First League, the top division in the Czech Republic. They play the Prague derby with Sparta Prague, the most important and heated rivalry in Czech football. Slavia has won 21 titles, several Czech cups, and the Mitropa Cup in 1938. The club has won seven league titles since the foundation of the Czech league in 1993. They have also reached the semi-finals of the 1995–96 UEFA Cup and qualified for the 2007–08 UEFA Champions League group stage for the first time in their history. In 2019, Slavia reached the quarter-finals of the 2018–19 UEFA Europa League and also qualified for the 2019–20 UEFA Champions League group stage for the second time in their histor ...
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HC Slovan Bratislava
Hockey Club Slovan Bratislava ( sk, Hokejový klub Slovan Bratislava) is a professional ice hockey club based in Bratislava, Slovakia. In 2012, it left the Slovak Extraliga and joined the international Kontinental Hockey League (KHL). In 2019, it returned to the Tipos Extraliga. The club has won nine Slovak championships (most recently in 2022), one Czechoslovak championship (1979) and one IIHF Continental Cup (2004), making it the second most successful hockey club in Slovak history after their biggest rival HC Košice. The team plays its home games at Ondrej Nepela Arena, also known as ''Slovnaft Arena''. The team is nicknamed Belasí'','' which means the "sky blues" in English. History The sports club ''Slovan Bratislava'' was founded in 1919 as a football club, then called 1.CsSK Bratislava. In 1921, a hockey section was founded as "CsSK hockey". It played its first game in December 1924 against Wiener EV from Vienna, losing 6–1. In 1948, the name of the club was changed ...
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SK Rapid Wien
Sportklub Rapid Wien (), commonly known as Rapid Vienna, is an Austrian football club playing in the country's capital city of Vienna. Rapid has won the most Austrian championship titles (32), including the first title in the season 1911–12, as well as a German championship in 1941 during Nazi rule. Rapid twice reached the final of the European Cup Winners' Cup in 1985 and 1996, losing on both occasions. The club is often known as ''Die Grün-Weißen'' (The Green-Whites) for its team colours or as ''Hütteldorfer'', in reference to the location of the Gerhard Hanappi Stadium, which is in Hütteldorf, part of the city's 14th district in Penzing. History The club was founded in 1897 as Erster Wiener Arbeiter-Fußball-Club (First Viennese Workers' Football Club). The team's original colours were red and blue, which are still often used in away matches. On 8 January 1899, the club was (thanks to Wilhelm Goldschmidt ), taking on its present name of Sportklub Rapid Wien, follo ...
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Cashback Reward Program
A credit card is a payment card issued to users (cardholders) to enable the cardholder to pay a merchant for goods and services based on the cardholder's accrued debt (i.e., promise to the card issuer to pay them for the amounts plus the other agreed charges). The card issuer (usually a bank or credit union) creates a revolving account and grants a line of credit to the cardholder, from which the cardholder can borrow money for payment to a merchant or as a cash advance. There are two credit card groups: consumer credit cards and business credit cards. Most cards are plastic, but some are metal cards (stainless steel, gold, palladium, titanium), and a few gemstone-encrusted metal cards. A regular credit card is different from a charge card, which requires the balance to be repaid in full each month or at the end of each statement cycle. In contrast, credit cards allow the consumers to build a continuing balance of debt, subject to interest being charged. A credit card diffe ...
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Limited Company
In a limited company, the liability of members or subscribers of the company is limited to what they have invested or guaranteed to the company. Limited companies may be limited by Share (finance), shares or by guarantee. In a company limited by shares, the liability of members is limited to the unpaid value of shares. In a company limited by guarantee, the liability of owners is limited to such amount as the owners may undertake to contribute to the assets of the company, in the event of being wound up. The former may be further divided in public companies (public limited company, public limited companies) and private companies (private limited company, private limited companies). Who may become a member of a private limited company is restricted by law and by the company's rules. In contrast, anyone may buy shares in a public limited company. Limited companies can be found in most countries, although the detailed rules governing them vary widely. It is also common for a distinct ...
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Stock Corporation
A joint-stock company is a business entity in which shares of the company's stock In finance, stock (also capital stock) consists of all the shares by which ownership of a corporation or company is divided.Longman Business English Dictionary: "stock - ''especially AmE'' one of the shares into which ownership of a company ... can be bought and sold by shareholders. Each shareholder owns company stock in proportion, evidenced by their share (finance), shares (certificates of ownership). Shareholders are able to transfer their shares to others without any effects to the continued existence of the company. In modern-day corporate law, the existence of a joint-stock company is often synonymous with incorporation (business), incorporation (possession of legal personality separate from shareholders) and limited liability (shareholders are liable for the company's debts only to the value of the money they have invested in the company). Therefore, joint-stock companies are common ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ...
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Departmentalization
Departmentalization (or departmentalisation) refers to the process of grouping activities into departments. Division of labour creates Expert, specialists who need :wikt:coordination, coordination. This coordination is facilitated by grouping specialists together in departments. Popular types of departmentalization * Functional departmentalization - Grouping activities by functions performed. Activities can be grouped according to function (work being done) to pursue economies of scale by placing employees with shared skills and knowledge into departments for example human resources, IT, accounting, manufacturing, logistics, and engineering. Functional departmentalization can be used in all types of organizations. Group activities in accordance with the function of an enterprise. * Product (business), Product departmentalization - Grouping activities by product line. It can also be grouped according to a specific product or service, thus placing all activities related to the product ...
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