Business

ASML shares dive on lower profits, orders

Shares in Dutch tech giant ASML, which supplies chip-making machines to the semiconductor industry, slumped Wednesday after the firm reported a drop in net profits and orders amid a high-tech trade spat between China and ...

Business

Biden lands another big Taiwan chip investment

The Taiwan chip giant TSMC has agreed to build a third semiconductor factory in Arizona, raising its total investment in the United States to $65 billion, US officials said Monday.

Internet

Microsoft says China using AI to sow division in US

China is ramping up use of AI-generated content and fake social media accounts to inflame division in the United States and elsewhere, according to the latest report from Microsoft's threat center.

Security

Generative AI becoming a concern for supply chain managers

The results of the Lehigh Business Supply Chain Risk Management Index for the second quarter of 2024 show cybersecurity is the biggest risk on supply chain managers' minds for the fifth straight quarter, increasing more than ...

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Government

A government is the body within an organization that has the authority to make and enforce rules, laws and regulations.

Typically, the government refers to a civil government which can be either local, national, or international. However, commercial, academic, religious, or other formal organizations are also governed by internal bodies. Such bodies may be called boards of directors, managers, or governors or they may be known as the administration (as in schools) or councils of elders (as in churches).

Growth of an organization increases the complexity of its government, therefore small towns or small-to-medium privately-operated enterprises will have few officials compared to larger organizations such as multinational corporations which will have multiple interlocking, hierarchical layers of administration and governance. As complexity increases and the nature of governance becomes more complicated,so does the need for formal policies and procedures.

Public sector governance is studied as Public Administration while that in the private sector is studied as Business Administration.

The concept of government has been around since humanity itself where hunter-gatherers would commonly establish tribes high authority and have unique ideals. However, government is not limited to the human species itself as many animals establish groups such as ants, lions, and bees. Although, a common trait of animals, specifically mammals and colony insects are a social caste that may work in a governmental way.

This text uses material from Wikipedia, licensed under CC BY-SA