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March and Herbert A. Simon, Organizations (New York: John Wiley AND Sons, 1958),

chap. 4, pp. 84 - 111. The section "Incorporation see also above in chapter 6

Co-operative societies and the non-profitable enterprises ".] the Relation it at the heart of the

Expect for benefit from cooperation with other participants. These benefits represent a product of joint activity of all groups Participants, and as in all cases of joint activity, here is absent

Undoubtedly fair method to allocate a share of each participant. It introduces in

Relations a conflict element. In theory the market system allows the conflict,

Granting each participant that part to which can involve it in business, and

The size of this part depends on alternatives available for other participants.

Management function includes negotiations on conditions of a concern in the business with

The investors serving, suppliers and consumers.

For the organisation of the enterprise a determinative is that a stream of money

Almost never supplies exact equality between receipts from Consumers and payments to other participants. The universal decision became Compulsory equilibration, that is the agreement that one group

Participants will be received in compensation of the sharing by the residual income,

Arising after all other participants have received put by it on To the contract. This residual income can represent or all income of this Groups, as in a case with holders of usual shares, or an income part, as in Co-operative societies. According to usual definition only group of holders Has the right to reception of the residual income. It is a conclusion of the huge practical importance as it defines selection Managers at the enterprise. For the obvious practical reasons, the right on

The residual income includes the right to choose managers. Administrative decisions

In the decisive image determine the size the residual income, and extremely

It is improbable that the contract on which one group is included into business in exchange for

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Military Icon Set Plenty of military-style icons from our Military Icon Set will make all your applications look more current and engaging. The images are provided in PNG, GIF, ICO and BMP file formats.

Network Icon Library for Vista Vista Network Icon Library is a collection of network-related icons. The set is provided as PNG, ICO, GIF and BMP files. Each icon has 16x16, 24x24, 32x32, 48x48 and 256x256 versions.

Financial Icon Library for Vista Vista Financial Icon Library is a collection of money and shopping related icons in Windows Vista style. The set is provided as ICO, PNG, BMP and GIF file formats.

Phone Icon Library Speed up development of telephone products and services and enhance the usability and look of your new products with ready-made Phone Icons.

Messenger Icons for Vista The Vista Messenger icon set is an excellent pack of icons that will bring new life to your communications with friends across the world! The set is perfect for Vista with up to 256x256 sizes!