National Black Chamber Of Commerce
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National Black Chamber Of Commerce
The National Black Chamber of Commerce (NBCC) was incorporated as ''The National Black Chamber of Commerce, Inc.'', in 1993. It is a nonprofit, nonpartisan, nonsectarian organization dedicated to the economic empowerment of African American communities. Additionally, the organization indicates that it represents the views of its members regarding economic and political policy issues; domestically and internationally. It is organized as a 501(c) corporation and has at least 190 chapters within the United States. The NBCC also has international chapters in the Bahamas, Brazil, Colombia, Ghana and Jamaica. As with all Chambers of Commerce, affiliate branches are committed to carrying out the goals of the main Chamber within their areas. However, the organization is largely funded by non-African American businesses on behalf of whose interests it often lobbies, such as the fossil fuel, telecommunications, and tobacco industries, and has sometimes been accused of being a front g ...
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Nonprofit
A nonprofit organization (NPO) or non-profit organisation, also known as a non-business entity, not-for-profit organization, or nonprofit institution, is a legal entity organized and operated for a collective, public or social benefit, in contrast with an entity that operates as a business aiming to generate a profit for its owners. A nonprofit is subject to the non-distribution constraint: any revenues that exceed expenses must be committed to the organization's purpose, not taken by private parties. An array of organizations are nonprofit, including some political organizations, schools, business associations, churches, social clubs, and consumer cooperatives. Nonprofit entities may seek approval from governments to be tax-exempt, and some may also qualify to receive tax-deductible contributions, but an entity may incorporate as a nonprofit entity without securing tax-exempt status. Key aspects of nonprofits are accountability, trustworthiness, honesty, and openness to eve ...
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Front Group
A front organization is any entity set up by and controlled by another organization, such as intelligence agencies, organized crime groups, terrorist organizations, secret societies, banned organizations, religious or political groups, advocacy groups, or corporations. Front organizations can act for the parent group without the actions being attributed to the parent group, thereby allowing them to hide certain activities from the authorities or the public. Front organizations that appear to be independent voluntary associations or charitable organizations are called front groups. In the business world, front organizations such as front companies or shell corporations are used to shield the parent company from legal liability. In international relations, a puppet state is a state which acts as a front (or surrogate) for another state. Intelligence agencies Intelligence agencies use front organizations to provide "cover", plausible occupations and means of income, for their cover ...
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Sponsorship
Sponsoring something (or someone) is the act of supporting an event, activity, person, or organization financially or through the provision of products or services. The individual or group that provides the support, similar to a benefactor, is known as the sponsor. Definition Sponsorship is a cash and/or in-kind fee paid to a property (typically in sports, arts, entertainment or causes) in return for access to the exploitable commercial potential associated with that property. While the sponsoree (property being sponsored) may be nonprofit, unlike philanthropy, sponsorship is done with the expectation of a commercial return. While sponsorship can deliver increased awareness, brand building and propensity to purchase, it is different from advertising. Unlike advertising, sponsorship can not communicate specific product attributes. Nor can it stand alone, as sponsorship requires support elements. Theories A range of psychological and communications theories have been used to exp ...
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International Trade
International trade is the exchange of capital, goods, and services across international borders or territories because there is a need or want of goods or services. (see: World economy) In most countries, such trade represents a significant share of gross domestic product (GDP). While international trade has existed throughout history (for example Uttarapatha, Silk Road, Amber Road, scramble for Africa, Atlantic slave trade, salt roads), its economic, social, and political importance has been on the rise in recent centuries. Carrying out trade at an international level is a complex process when compared to domestic trade. When trade takes place between two or more states factors like currency, government policies, economy, judicial system, laws, and markets influence trade. To ease and justify the process of trade between countries of different economic standing in the modern era, some international economic organizations were formed, such as the World Trade Organization ...
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Capital (economics)
In economics, capital goods or capital are "those durable produced goods that are in turn used as productive inputs for further production" of goods and services. At the macroeconomic level, "the nation's capital stock includes buildings, equipment, software, and inventories during a given year." A typical example is the machinery used in factories. Capital can be increased by the use of the factors of production, which however excludes certain durable goods like homes and personal automobiles that are not used in the production of saleable goods and services. Adam Smith defined capital as "that part of man's stock which he expects to afford him revenue". In economic models, capital is an input in the production function. The total physical capital at any given moment in time is referred to as the capital stock (not to be confused with the capital stock of a business entity). Capital goods, real capital, or capital assets are already-produced, durable goods or any non-fi ...
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Procurement
Procurement is the method of discovering and agreeing to terms and purchasing goods, Service (economics), services, or other works from an external source, often with the use of a tendering or competitive bidding process. When a government agency buys goods or services through this practice, it is referred to as Government procurement, public procurement. Procurement as an organization, organizational process is intended to ensure that the buyer receives goods, services, or works at the best possible price when aspects such as quality, quantity, time, and location are compared. Corporations and public bodies often define processes intended to promote fair and open competition for their business while minimizing risks such as exposure to fraud and collusion. Almost all purchasing decisions include factors such as delivery and handling, marginal benefit, and fluctuations in the prices of goods. Organisations which have adopted a corporate social responsibility perspective are also ...
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Economic Growth
Economic growth can be defined as the increase or improvement in the inflation-adjusted market value of the goods and services produced by an economy in a financial year. Statisticians conventionally measure such growth as the percent rate of increase in the real gross domestic product, or real GDP. Growth is usually calculated in real terms – i.e., inflation-adjusted terms – to eliminate the distorting effect of inflation on the prices of goods produced. Measurement of economic growth uses national income accounting. Since economic growth is measured as the annual percent change of gross domestic product (GDP), it has all the advantages and drawbacks of that measure. The economic growth-rates of countries are commonly compared using the ratio of the GDP to population (per-capita income). The "rate of economic growth" refers to the geometric annual rate of growth in GDP between the first and the last year over a period of time. This growth rate represents the trend in ...
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Business Development
Business development entails tasks and processes to develop and implement growth opportunities within and between organizations. It is a subset of the fields of business, commerce and organizational theory. Business development is the creation of long-term value for an organization from customers, markets, and relationships. Business development can be taken to mean any activity by either a small or large organization, non-profit or for-profit enterprise which serves the purpose of ‘developing’ the business in some way. In addition, business development activities can be done internally or externally by a business development consultant. External business development can be facilitated through Planning Systems, which are put in place by governments to help small businesses. In addition, reputation building has also proven to help facilitate business development. Overview In the limited scholarly work available on the subject, business development is conceptualized as or relate ...
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Diaspora
A diaspora ( ) is a population that is scattered across regions which are separate from its geographic place of origin. Historically, the word was used first in reference to the dispersion of Greeks in the Hellenic world, and later Jews after the Babylonian exile. The word "diaspora" is used today in reference to people who identify with a specific geographic location, but currently reside elsewhere. Examples of notably large diasporic populations are the Assyrian–Chaldean–Syriac diaspora, which originated during and after the early Arab-Muslim conquests and continued to grow in the aftermath of the Assyrian genocide; the southern Chinese and Indians who left their homelands during the 19th and 20th centuries; the Irish diaspora that came into existence both during and after the Great Famine; the Scottish diaspora that developed on a large scale after the Highland Clearances and Lowland Clearances; the nomadic Romani population from the Indian subcontinent; the Ita ...
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Booker T
Booker T or Booker T. may refer to * Booker T. Washington (1856–1915), African American political leader at the turn of the 20th century ** List of things named after Booker T. Washington, some nicknamed "Booker T." * Booker T. Jones (born 1944), American musician and frontman of Booker T. and the M.G.'s * Booker T (wrestler) (born 1965), ring name of American professional wrestler Booker Huffman Also * Booker T. Bradshaw (1940–2003), American record producer, film and TV actor, and executive * Booker T. Laury (1914–1995), American boogie-woogie and blues pianist * Booker T. Spicely (1909–1944) victim of a racist murder in North Carolina, United States * Booker T. Whatley (1915–2005) agricultural professor at Tuskegee University * Booker T. Washington White (1909–1977), American Delta blues guitarist and singer known as Bukka White * Booker T. Boffin, pseudonym of Thomas Dolby Thomas Morgan Robertson (born 14 October 1958), known by the stage name Thomas Dol ...
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Human Events
''Human Events'' is an American conservative political news and analysis website. Founded in 1944 as a print newspaper, ''Human Events'' became a digital-only publication in 2013. ''Human Events'' takes its name from the first sentence of the United States Declaration of Independence: "When in the course of human events...". The magazine was published in Washington, D.C., most recently by Eagle Publishing, the owner of Regnery Publishing, a subsidiary of Phillips Publishing. Thomas S. Winter was editor-in-chief and Cathy Taylor was editorial director of the print edition. As of 2021, the website is co-published by Jeff Webb and Will Chamberlain. History ''Human Events'' was founded in 1944 by Felix Morley, William Henry Chamberlin, Frank Hanighen, and Henry Regnery. Morley was previously editor of ''The Washington Post'' from 1933 to 1940. Regnery formerly worked for the Resettlement Administration, a New Deal-era federal agency. In its early years, ''Human Events'' was "a small- ...
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United States Chamber Of Commerce
The United States Chamber of Commerce (USCC) is the largest lobbying group in the United States, representing over three million businesses and organizations. The group was founded in April 1912 out of local chambers of commerce at the urging of President William Howard Taft and his Secretary of Commerce and Labor Charles Nagel. It was Taft's belief that the "government needed to deal with a group that could speak with authority for the interests of business". The current president and CEO of the Chamber is Suzanne P. Clark. She previously worked in the Chamber from 1997 to 2007, and returned in 2014, holding multiple executive roles before being named the organization's first female CEO in February 2021. History The U.S. Chamber of Commerce was founded at a meeting of delegates on April 22, 1912. An important catalyst for the creation of the U.S. Chamber of Commerce were two prior business engagements between the U.S. and Japan. In 1908, Eiichi Shibusawa invited the first ...
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