Martin H. Wiggers
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Martin H. Wiggers
Martin Helmut Wiggers (born 31 July 1963) is a German economist, editor, author and businessman. Education In the 1980s Wiggers studied Business Administration at the Munich School Of Strategic Management of the Ludwig Maximilian University of Munich. Basel II Long before the implementation of Basel II George W. Stroke and Wiggers pointed out that a global financial and economic crisis will come, because of its systemic dependencies on a few rating agencies. After the breakout of the crisis Alan Greenspan agreed to this opinion in 2007. At least the Financial Crisis Inquiry Report confirmed this point of view in 2011. DaimlerChrysler In 1998, Daimler-Benz and Chrysler Corporation announced a merger, valued at 38 billion, resulting in a change in company name to "DaimlerChrysler AG". The merger delivered promised synergies and successfully integrated the two businesses. Wiggers' concept of a platform strategy like the VW Group, was implemented only for a few models, so the syner ...
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Business Administration
Business administration, also known as business management, is the administration of a commercial enterprise. It includes all aspects of overseeing and supervising the business operations of an organization. From the point of view of management and leadership, it also covers fields that include office building administration, accounting, finance, designing, development, quality assurance, data analysis, sales, project management, information-technology management, research and development, and marketing. Overview The administration of a business includes the performance or management of business operations and decision-making, as well as the efficient organization of people and other resources to direct activities towards common goals and objectives. In general, "administration" refers to the broader management function, including the associated finance, personnel and MIS services. Administration can refer to the bureaucratic or operational performance of routine of ...
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Business Commentators
Business is the practice of making one's living or making money by producing or buying and selling products (such as goods and services). It is also "any activity or enterprise entered into for profit." Having a business name does not separate the business entity from the owner, which means that the owner of the business is responsible and liable for debts incurred by the business. If the business acquires debts, the creditors can go after the owner's personal possessions. A business structure does not allow for corporate tax rates. The proprietor is personally taxed on all income from the business. The term is also often used colloquially (but not by lawyers or by public officials) to refer to a company, such as a corporation or cooperative. Corporations, in contrast with sole proprietors and partnerships, are a separate legal entity and provide limited liability for their owners/members, as well as being subject to corporate tax rates. A corporation is more complicated and e ...
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