Juventus Football Club, colloquially known as Juve, is an Italian professional football club based in Turin, Piedmont. Founded in 1897 by a group of Torinese students, the club has worn a black and white striped home kit since 1903 and has played home matches in different grounds around its city, the latest being the 41,507-capacity Allianz Stadium. Nicknamed Vecchia Signora, the club has won 34 official league titles, 13 Coppa Italia titles and eight Supercoppa Italiana titles, being the record holder for all these competitions; the side leads the historical Federazione Italiana Giuoco Calcio ranking whilst on the international stage occupies the 4th position in Europe and the eight in the world for most confederation titles won with eleven trophies, having led the UEFA ranking during seven seasons since its inception in 1979, the most for an Italian team and joint second overall. Founded with the name of Sport-Club Juventus as an athletics club, it is the second oldest of its kind still active in the country after Genoa's football section and has competed uninterruptedly in the top flight league since its debut in 1900 after changing its name to Foot-Ball Club Juventus, with the exception of the 2006–07 season, being managed by the industrial Agnelli family continuously since 1923.
The relationship between the club and that dynasty is the oldest and longest in national sports, making Juventus the first professional sporting club in the country, having established itself as a major force in the national stage since the 1930s and at confederation level since the mid-1970s and becoming one of the first ten wealthiest in world football in terms of value and profit since the mid-1990s, being stocked in Borsa italiana since 2001. Under the management of Giovanni Trapattoni, the club won 13 trophies in the ten years before 1986, including six league titles and five international titles, became the first to win all three competitions organised by the Union of European Football Associations: the European Champions' Cup, Cup Winners' Cup and UEFA Cup. With successive triumphs in the 1984 European Super Cup and 1985 Intercontinental Cup, it become the first and thus far only in the world to complete a clean sweep of all confederation trophies. In December 2000, Juventus was ranked seventh in the FIFA's historic ranking of the best clubs in the world and nine years was ranked second best club in Europe during the 20th Century based on a statistical study series by the International Federation of Football History & Statistics, the highest for an Italian club in both.
The club's fan base is one of the largest worldwide. Unlike most European sporting supporters' groups, which are concentrated around their own club's city of origin, it is widespread throughout the whole country and the Italian diaspora, making Juventus a symbol of anticampanilismo and italianità; the club has provided the most players to the Italy national team—mostly in official competitions—who formed the group that led the Azzurri squad to international success, most in the 1934, 1982 and 2006 FIFA World Cups. Juventus were founded as Sport-Club Juventus in late 1897 by pupils from the Massimo D'Azeglio Lyceum school in Turin, but were renamed as Foot-Ball Club Juventus two years later; the club joined the Italian Football Championship during 1900. In 1904, the businessman Ajmone-Marsan revived the finances of the football club Juventus, making it possible to transfer the training field from piazza d'armi to the more appropriate Velodrome Umberto I. During this period, the team wore a black kit.
Juventus first won the league championship in 1905 while playing at their Velodrome Umberto I ground. By this time the club colours had changed to black and white stripes, inspired by English side Notts County. There was a split at the club in 1906, after some of the staff considered moving Juve out of Turin. President Alfred Dick was unhappy with this and left with some prominent players to found FBC Torino which in turn spawned the Derby della Mole. Juventus spent much of this period rebuilding after the split, surviving the First World War. FIAT owner Edoardo Agnelli built a new stadium; this helped the club to its second scudetto in the 1925–26 season, after beating Alba Roma with an aggregate score of 12–1. The club established itself as a major force in Italian football since the 1930s, becoming the country's first professional club and the first with a decentralised fan base, which led it to win a record of five consecutive Italian championships and form the core of the Italy national team during the Vittorio Pozzo's era, including the 1934 world champion squad, with star players such as Raimundo Orsi, Luigi Bertolini, Giovanni Ferrari and Luis Monti, among others.
Juventus moved to the Stadio Comunale, but for the rest of the 1930s and the majority of the 1940s they were unable to recapture championship dominance. After the Second
A ticker symbol or stock symbol is an abbreviation used to uniquely identify publicly traded shares of a particular stock on a particular stock market. A stock symbol may consist of numbers or a combination of both. "Ticker symbol" refers to the symbols. Stock symbols are unique identifiers assigned to each security traded on a particular market. A stock symbol can consist of letters, numbers, or a combination of both, is a way to uniquely identify that stock; the symbols were kept as short as possible to reduce the number of characters that had to be printed on the ticker tape, to make it easy to recognize by traders and investors. The allocation of symbols and formatting convention is specific to each stock exchange. In the US, for example, stock tickers are between 1 and 4 letters and represent the company name where possible. For example, US-based computer company stock Apple Inc. traded on the NASDAQ exchange has the symbol AAPL, while the motor company Ford's stock, traded on the New York Stock Exchange has the single-letter ticker F.
In Europe, most exchanges use three-letter codes, for example Dutch consumer goods company Unilever traded on the Amsterdam Euronext exchange has the symbol UNA. While in Asia, numbers are used as stock tickers to avoid issues for international investors when using non-Latin scripts. For example, the bank HSBC's stock traded on the Hong Kong Stock Exchange has the ticker symbol 0005. Symbols sometimes change to reflect mergers. Prior to the 1999 merger with Mobil Oil, Exxon used a phonetic spelling of the company "XON" as its ticker symbol; the symbol of the firm after the merger was "XOM". Symbols are sometimes reused. In the US the single-letter symbols are sought after as vanity symbols. For example, since Mar 2008 Visa Inc. has used the symbol V, used by Vivendi which had delisted and given up the symbol. To qualify a stock, both the ticker and the exchange or country of listing needs to be known. On many systems both must be specified to uniquely identify the security; this is done by appending the location or exchange code to the ticker.
Although stock tickers identify a security, they are exchange dependent limited to stocks and can change. These limitations have led to the development of other codes in financial markets to identify securities for settlement purposes; the most prevalent of these is the International Securities Identifying Number. An ISIN uniquely identifies a security and its structure is defined in ISO 6166. Securities for which ISINs are issued include bonds, commercial paper and warrants; the ISIN code is a 12-character alpha-numerical code that does not contain information characterizing financial instruments, but serves for uniform identification of a security at trading and settlement. The ISIN identifies not the exchange on which it trades. For instance, Daimler AG stock trades on twenty-two different stock exchanges worldwide, is priced in five different currencies. ISIN cannot specify a particular trade in this case, another identifier the three- or four-letter exchange code will have to be specified in addition to the ISIN.
While a stock ticker identifies a security that can be traded, stock market indices are sometimes assigned a symbol though they can not be traded. Symbols for indices are distinguished by adding a symbol in front of the name, such as a caret or a dot. For example, Reuters lists the Nasdaq Composite index under the symbol. IXIC. In Canada the Toronto Stock Exchange TSX and the TSXV use the following special codes after the ticker symbol: In the United Kingdom, prior to 1996, stock codes were known as EPICs, named after the London Stock Exchange's Exchange Price Information Computer. Following the introduction of the Sequence trading platform in 1996, EPICs were renamed Tradable Instrument Display Mnemonics, but they are still referred to as EPICs. Stocks can be identified using their SEDOL number or their ISIN. In the United States, modern letter-only ticker symbols were developed by Standard & Poor's to bring a national standard to investing. A single company could have many different ticker symbols as they varied between the dozens of individual stock markets.
The term ticker refers to the noise made by the ticker tape machines once used by stock exchanges. The S&P system was standardized by the securities industry and modified as years passed. Stock symbols for preferred stock have not been standardized; some companies use a well-known product as their ticker symbol. Belgian brewer InBev, the brewer of Budweiser beer, uses "BUD" as its three-letter ticker for American Depository Receipts, symbolizing its premier product in the United States, its rival, Molson Coors Brewing Company, uses a beer-related symbol, "TAP". Southwest Airlines pays tribute to its headquarters at Love Field in Dallas through its "LUV" symbol. Cedar Fair Entertainment Company, which operates large amusement parks in the United States, uses "FUN" as its symbol. Harley-Davidson uses "HOG" for its Harley Owners Group. Yamana Gold uses "AUY", because on the periodic table of elements. Sotheby's uses the symbol "BID". While most symbols come from the company's name, sometimes it happens the other way around.
Tricon Global, owner of KFC, Pi
The 3M Company known as the Minnesota Mining and Manufacturing Company, is an American multinational conglomerate corporation operating in the fields of industry, worker safety, health care, consumer goods. The company produces a variety of products, including adhesives, laminates, passive fire protection, personal protective equipment, window films, paint protection films and orthodontic products, electronic materials, medical products, car-care products, electronic circuits, healthcare software and optical films, it is based in Maplewood, Minnesota, a suburb of St. Paul. In 2017, 3M made $31.7 billion in total sales, the company ranked No. 97 in the 2018 Fortune 500 list of the largest United States corporations by total revenue. The company has 91,000 employees and has operations in more than 70 countries. Five businessmen founded 3M in Two Harbors, Minnesota, in 1902. A mining venture, the goal was to mine corundum, but this failed because the mine's mineral holdings were anorthosite, which had no commercial value.
Co-founder John Dwan solicited funds in exchange for stock and Edgar Ober and Lucius Ordway took over the company in 1905. The company moved to Duluth and began researching and producing sandpaper products. William L. McKnight a key executive, joined the company in 1907, A. G. Bush joined in 1909. 3M became financially stable in 1916 and was able to pay dividends. The company moved to St. Paul in 1910, where it remained for 52 years before outgrowing the campus and moving to its current headquarters at 3M Center in Maplewood, Minnesota in 1962; the company began by mining stone from quarries for use in grinding wheels. Struggling with quality and marketing of its products, management supported its workers to innovate and develop new products, which became its core business. Twelve years after its inception, 3M developed its first exclusive product: Three-M-ite cloth. Other innovations in this era included masking tape, waterproof sandpaper, Scotch-brand tapes. By 1929, 3M had made its first moves toward international expansion by forming Durex to conduct business in Europe.
The same year, the company's stock was first traded over the counter and in 1946 listed on the New York Stock Exchange. The company is a component of the Dow Jones Industrial Average and of the S&P 500; the founders original plan was to sell the mineral corundum to manufacturers in the East for making grinding wheels. After selling one load, on June 13, 1902, the five went to the Two Harbors office of company secretary John Dwan, on the shore of Lake Superior and is now part of the 3M National Museum, signed papers making Minnesota Mining and Manufacturing a corporation. In reality, however and his associates were not selling what they thought. Failing to make sandpaper with the anorthosite, the founders decided to import minerals like Spanish garnet, after which sale of sandpapers grew. In 1914, customers complained that the garnet was falling off the paper; the founders discovered that the stones had traveled across the Atlantic Ocean packed near olive oil, the oil had penetrated the stones.
Unable to take the loss of selling expensive inventory, they roasted the stones over fire to remove the olive oil. The company's late innovations include waterproof sandpaper and masking tape, as well as cellophane "Scotch Tape" and sound-deadening materials for cars. In 1947, 3M began producing perfluorooctanoic acid by electrochemical fluorination. During the 1950s, the company expanded worldwide with operations in Canada, France, Germany and the United Kingdom in large part by Clarence Sampair. In 1951, DuPont started purchasing PFOA from then-Minnesota Mining and Manufacturing Company for use in the manufacturing of teflon, a product that brought DuPont a billion-dollar-a-year profit by the 1990s. DuPont referred to PFOA as C8. In 1951, international sales were $20 million. 3M's achievements were recognized by the American Institute of Management naming the company "one of the five best-managed companies in the United States" and included it among the top 12 growth stocks. In the late 1960s and early 1970s, 3M published a line of board games under the "3M bookshelf game series" brand.
These games were marketed to adults and sold through department stores, with learned simple rules but complex game play and depth and with uniformly high-quality components. As such, they are the ancestors of the German "Eurogames"; the games covered a variety of topics, from business and sports simulations to word and abstract strategy games. They were a major publisher at the time for influential U. S. designers Sid Sackson and Alex Randolph. In the mid-1970s, the game line was taken over by Avalon Hill. 3M's Mincom division introduced several models of magnetic tape recorders for instrumentation use and for studio sound recording. An example of the latter is the model M79 recorder, which still has a following today. 3M Mincom was involved in designing and manufacturing video production equipment for the television and video post-production industries in the 1970s and 1980s, with such items as character generators and several different models of video switchers, from models of audio and video routers to video mixers for studio production work.
3M Mincom was involved in some of the first digital audio recordings of the late 1970s to see commercial release when a prototype machine was brought to the Sound 80 studios in Minneapolis. After drawing on the experience of that prototype recorder, 3M introduced in 1979 a commercially available digital audio recording system called the "3M Digital Audio Mastering System", which
The Economist is an English-language weekly magazine-format newspaper owned by the Economist Group and edited at offices in London. Continuous publication began under its founder James Wilson in September 1843. In 2015, its average weekly circulation was a little over 1.5 million, about half of which were sold in the United States. Pearson PLC held a 50% shareholding via The Financial Times Limited until August 2015. At that time, Pearson sold their share in the Economist; the Agnelli family's Exor paid £287m to raise their stake from 4.7% to 43.4% while the Economist paid £182m for the balance of 5.04m shares which will be distributed to current shareholders. Aside from the Agnelli family, smaller shareholders in the company include Cadbury, Schroder and other family interests as well as a number of staff and former staff shareholders. A board of trustees formally appoints the editor. Although The Economist has a global emphasis and scope, about two-thirds of the 75 staff journalists are based in the London borough of Westminster.
For the year to March 2016, the Economist Group declared operating profit of £61m. The Economist takes an editorial stance of classical and economic liberalism that supports free trade, free immigration and cultural liberalism; the publication has described itself as "a product of the Caledonian liberalism of Adam Smith and David Hume". It targets educated, cultured readers and claims an audience containing many influential executives and policy-makers; the publication's CEO described this recent global change, first noticed in the 1990s and accelerated in the beginning of the 21st century as a "new age of Mass Intelligence". The Economist was founded by the British businessman and banker James Wilson in 1843, to advance the repeal of the Corn Laws, a system of import tariffs. A prospectus for the "newspaper" from 5 August 1843 enumerated thirteen areas of coverage that its editors wanted the publication to focus on: Original leading articles, in which free-trade principles will be most rigidly applied to all the important questions of the day.
Articles relating to some practical, agricultural, or foreign topic of passing interest, such as foreign treaties. An article on the elementary principles of political economy, applied to practical experience, covering the laws related to prices, rent, exchange and taxes. Parliamentary reports, with particular focus on commerce and free trade. Reports and accounts of popular movements advocating free trade. General news from the Court of St. James's, the Metropolis, the Provinces and Ireland. Commercial topics such as changes in fiscal regulations, the state and prospects of the markets and exports, foreign news, the state of the manufacturing districts, notices of important new mechanical improvements, shipping news, the money market, the progress of railways and public companies. Agricultural topics, including the application of geology and chemistry. Colonial and foreign topics, including trade, produce and fiscal changes, other matters, including exposés on the evils of restriction and protection, the advantages of free intercourse and trade.
Law reports, confined chiefly to areas important to commerce and agriculture. Books, confined chiefly, but not so to commerce and agriculture, including all treatises on political economy, finance, or taxation. A commercial gazette, with prices and statistics of the week. Correspondence and inquiries from the news magazine's readers. Wilson described it as taking part in "a severe contest between intelligence, which presses forward, an unworthy, timid ignorance obstructing our progress", a phrase which still appears on its masthead as the publication's mission, it has long been respected as "one of the most competent and subtle Western periodicals on public affairs". The publication was a major source of financial and economic information for Karl Marx in the formulation of socialist theory. In January 2012, The Economist launched a new weekly section devoted to China, the first new country section since the introduction of a section about the United States in 1942. In August 2015, The Economist Group bought back 5 million of its shares from Pearson.
Pearson's remaining shares would be sold to Exor. The editors of The Economist have been: James Wilson 1843–1857 Richard Holt Hutton 1857–1861 Walter Bagehot, 1861–1877 Daniel Conner Lathbury, 1877–1881 Robert Harry Inglis Palgrave, 1877–1883 Edward Johnstone, 1883–1907 Francis Wrigley Hirst, 1907–1916 Hartley Withers, 1916–1921 Sir Walter Layton, 1922–1938 Geoffrey Crowther, 1938–1956 Donald Tyerman, 1956–1965 Sir Alastair Burnet, 1965–1974 Andrew Knight, 1974–1986 Rupert Pennant-Rea, 1986–1993 Bill Emmott, 1993–2006 John Micklethwait, 2006–2014 Zanny Minton Beddoes, 2015–present When the news magazine was founded, the term "economism" denoted what would today be termed "economic liberalism"; the Economist supports free trade and free immigration. The activist and journalist George Monbiot has described it as neo-liberal while accepti
Pearson plc is a British multinational publishing and education company headquartered in London. It was switched to publishing in the 1920s, it was once the largest book publisher in the world. In 2013 Pearson merged its Penguin Books with German conglomerate Bertelsmann. In 2015 the company announced a change to focus on education. Pearson has a primary listing on the London Stock Exchange and is a constituent of the FTSE 100 Index, it has a secondary listing on the New York Stock Exchange in the form of American Depository Receipts. The company was founded by Samuel Pearson in 1844 as a building and engineering concern operating in Yorkshire under the name S. Pearson & Son. In 1880, control passed to his grandson Weetman Dickinson Pearson, an engineer, who in 1890 moved the business to London and turned it into one of the world's largest construction companies. Another of its prominent engineers was Ernest William Moir who, after working for Pearson on tunnels in New York City, became the contractor's agent on construction of the Blackwall Tunnel under the River Thames in London between 1892 and 1897.
The company built the Admiralty Harbour at Dover, the Halifax Dry Dock in Canada, the East River Railway Tunnels in New York City, the Mexican Grand Canal that drained Mexico City, the Tehuantepec Railway in Mexico, railways and harbours around the world. In November 1915, the firm began construction of HM Factory, the largest cordite factory in the UK during World War I; the construction business was shut down in the 1920s. Among its final projects was completion of the Sennar Dam, in Sudan, in 1925. In 1919, the firm acquired a 45% stake in the London branch of merchant bankers Lazard Brothers, an interest, increased to 80% in 1932 during the depression years. Pearson continued to hold a 50% stake until 1999. In 1921, Pearson purchased a number of local daily and weekly newspapers in the United Kingdom, which it combined to form the Westminster Press group. In 1957, it acquired a 50 % stake in The Economist, it purchased the publisher Longman in 1968. The company was first listed on the London Stock Exchange in 1969.
It bought paperback publisher Penguin in 1970, in 1972, children's imprint Ladybird Books. It bought rival educational publisher Pitman Publishing in 1985. In 1986, Pearson invested in the British Satellite Broadcasting consortium, which, a few years merged with Sky TV to form a new company, British Sky Broadcasting. During the 1990s, Pearson acquired a number of TV production and broadcasting assets and sold most of its non-media assets, under the leadership of future U. S. Congressman Bob Turner. Westminster Press was sold to Newsquest in 1996. Pearson acquired the education division of HarperCollins in 1996 from News Corporation and acquired book publishers Scott Foresman & Co. in 1996. In 1998 Pearson acquired Prentice Hall Textbooks/Simon & Schuster Trade Books from Viacom and merged it with its own education unit, Addison-Wesley Longman to form Pearson Education. Pearson acquired Dorling Kindersley, the illustrated reference publisher and integrated it within Penguin, in March 2000 and acquired National Computer Systems in September 2000 so entering the educational assessment and school management systems market in the United States.
In 2002, Pearson sold its 22% stake in RTL Group for 1.5 billion Euros, purchased Rough Guides, the travel publisher, brought it under Penguin. Pearson acquired Edexcel, a provider of qualifications in the UK, in 2003 and acquired about 80% stake in Meximerica Media Inc for $16.5 million for the swelling U. S. Hispanic market in 2004. Pearson purchased a series of other testing and assessment businesses, including Knowledge Technologies in 2004, AGS in 2005, National Evaluation Systems and Promissor in 2006. Pearson acquired National Evaluation Systems, a provider of customised state assessments for teacher certification in the US, in April 2006 and announced that it had agreed to acquire Harcourt Assessment and Harcourt Education International from Reed Elsevier for $950m in cash in May 2007. Pearson completed the acquisition of Harcourt Assessment, merging the acquired businesses into Pearson Assessment & Information. Pearson acquired eCollege, a digital learning technology group for $477m in May 2007.
In February 2008, Pearson announced the sale of its Pearson Data Management Division to Scantron Corporation, its main competitor. Pearson acquired Wall Street English for $145m in 2009 and bought the school learning systems division of Sistema Educacional Brasileiro for $497m in 2010. In 2010, Pearson sold its 61% stake in Interactive Data to investment funds managed by Silver Lake Partners and Warburg Pincus for $2 billion. In July 2011, Pearson announced the creation of Pearson College, a British degree provider based in London. In 2011, Pearson acquired Connections Education and agreed to sell its 50% stake in FTSE International Limited to the London Stock Exchange for £450 million. In 2011, Pearson increased its stake in TutorVista, such that it had a 76% stake, for $127 million. Pearson entered into talks with rival conglomerate Bertelsmann, over the possibility of combining their respective publishing companies, Penguin Group and Random House in October 2012; the houses are considered two of the "Big Six" publishing companies.
On 29 October 2012, Pearson said it would merge Penguin Books with Bertelsmann's Random House to create the world's biggest consumer book publisher. In May 2012 Pearson announced its acquisition of G
The chairman is the highest officer of an organized group such as a board, a committee, or a deliberative assembly. The person holding the office is elected or appointed by the members of the group, the chairman presides over meetings of the assembled group and conducts its business in an orderly fashion. In some organizations, the chairman position is called president, in others, where a board appoints a president, the two different terms are used for distinctly different positions. Other terms sometimes used for the office and its holder include chair, chairwoman, presiding officer, moderator and convenor; the chairman of a parliamentary chamber is called the speaker. The term chair is sometimes used in lieu of chairman, in response to criticisms that using chairman is sexist, it is used today, has been used as a substitute for chairman since the middle of the 17th century, with its earliest citation in the Oxford English Dictionary dated 1658–1659, only four years after the first citation for chairman.
Major dictionaries state that the word derives from a person. A 1994 Canadian study found the Toronto Star newspaper referring to most presiding men as "chairman", to most presiding women as "chairperson" or as "chairwoman"; the Chronicle of Higher Education uses "chairman" for men and "chairperson" for women. An analysis of the British National Corpus found chairman used 1,142 times, chairperson 130 times and chairwoman 68 times; the National Association of Parliamentarians adopted a resolution in 1975 discouraging the use of “chairperson” and rescinded it in 2017. The Wall Street Journal, The New York Times and United Press International all use "chairwoman" or "chairman" when referring to women, forbid use of "chair" or of "chairperson" except in direct quotations. In World Schools Style debating, male chairs are called "Mr. Chairman" and female chairs are called "Madame Chair"; the FranklinCovey Style Guide for Business and Technical Communication, as well as the American Psychological Association style guide, advocate using "chair" or "chairperson", rather than "chairman".
The Oxford Dictionary of American Usage and Style suggests that the gender-neutral forms are gaining ground. It advocates using "chair" to refer both to women; the Telegraph style guide bans the use of both "Chair" and "Chairperson" on the basis that "Chairman" is correct English. The word chair can refer to the place from which the holder of the office presides, whether on a chair, at a lectern, or elsewhere. During meetings, the person presiding is said to be "in the chair" and is referred to as "the chair". Parliamentary procedure requires that members address the "chair" as "Mr. Chairman" rather than using a name – one of many customs intended to maintain the presiding officer's impartiality and to ensure an objective and impersonal approach. In the United States, the presiding officer of the lower house of a legislative body, such as the House of Representatives, is titled the Speaker, while the upper house, such as the Senate, is chaired by a President. In his 1992 State of the Union address, then-U.
S. President George H. W. Bush used "chairman" for men and "chair" for women. In the British music hall tradition, the Chairman was the master of ceremonies who announced the performances and was responsible for controlling any rowdy elements in the audience; the role was popularised on British TV in the 1960s and 1970s by Leonard Sachs, the Chairman on the variety show The Good Old Days."Chairman" as a quasi-title gained particular resonance when socialist states from 1917 onward shunned more traditional leadership labels and stressed the collective control of soviets by beginning to refer to executive figureheads as "Chairman of the X Committee". Vladimir Lenin, for example functioned as the head of Soviet Russia not as tsar or as president but in roles such as "Chairman of the Council of People's Commissars of the Russian SFSR". Note in particular the popular standard method for referring to Mao Zedong: "Chairman Mao". In addition to the administrative or executive duties in organizations, the chairman has the duties of presiding over meetings.
Such duties at meetings include: Calling the meeting to order Determining if a quorum is present Announcing the items on the order of business or agenda as they come up Recognition of members to have the floor Enforcing the rules of the group Putting questions to a vote Adjourning the meetingWhile presiding, the chairman should remain impartial and not interrupt a speaker if the speaker has the floor and is following the rules of the group. In committees or small boards, the chairman votes along with the other members. However, in assemblies or larger boards, the chairman should vote only when it can affect the result. At a meeting, the chairman only has one vote; the powers of the chairman vary across organizations. In some organizations the chairman has the authority to hire staff and make financial decisions, while in others the chairman only makes recommendations to a board of directors, still others the chairman has no executive powers and is a spokesman for the organization; the amount of power given to the chairman depends on the type of organization, its structure, the rules it has created for itself.
If the chairman exceeds the given authority, engages in misconduct, or fails to perform t
France the French Republic, is a country whose territory consists of metropolitan France in Western Europe and several overseas regions and territories. The metropolitan area of France extends from the Mediterranean Sea to the English Channel and the North Sea, from the Rhine to the Atlantic Ocean, it is bordered by Belgium and Germany to the northeast and Italy to the east, Andorra and Spain to the south. The overseas territories include French Guiana in South America and several islands in the Atlantic and Indian oceans; the country's 18 integral regions span a combined area of 643,801 square kilometres and a total population of 67.3 million. France, a sovereign state, is a unitary semi-presidential republic with its capital in Paris, the country's largest city and main cultural and commercial centre. Other major urban areas include Lyon, Toulouse, Bordeaux and Nice. During the Iron Age, what is now metropolitan France was inhabited by a Celtic people. Rome annexed the area in 51 BC, holding it until the arrival of Germanic Franks in 476, who formed the Kingdom of Francia.
The Treaty of Verdun of 843 partitioned Francia into Middle Francia and West Francia. West Francia which became the Kingdom of France in 987 emerged as a major European power in the Late Middle Ages following its victory in the Hundred Years' War. During the Renaissance, French culture flourished and a global colonial empire was established, which by the 20th century would become the second largest in the world; the 16th century was dominated by religious civil wars between Protestants. France became Europe's dominant cultural and military power in the 17th century under Louis XIV. In the late 18th century, the French Revolution overthrew the absolute monarchy, established one of modern history's earliest republics, saw the drafting of the Declaration of the Rights of Man and of the Citizen, which expresses the nation's ideals to this day. In the 19th century, Napoleon established the First French Empire, his subsequent Napoleonic Wars shaped the course of continental Europe. Following the collapse of the Empire, France endured a tumultuous succession of governments culminating with the establishment of the French Third Republic in 1870.
France was a major participant in World War I, from which it emerged victorious, was one of the Allies in World War II, but came under occupation by the Axis powers in 1940. Following liberation in 1944, a Fourth Republic was established and dissolved in the course of the Algerian War; the Fifth Republic, led by Charles de Gaulle, remains today. Algeria and nearly all the other colonies became independent in the 1960s and retained close economic and military connections with France. France has long been a global centre of art and philosophy, it hosts the world's fourth-largest number of UNESCO World Heritage Sites and is the leading tourist destination, receiving around 83 million foreign visitors annually. France is a developed country with the world's sixth-largest economy by nominal GDP, tenth-largest by purchasing power parity. In terms of aggregate household wealth, it ranks fourth in the world. France performs well in international rankings of education, health care, life expectancy, human development.
France is considered a great power in global affairs, being one of the five permanent members of the United Nations Security Council with the power to veto and an official nuclear-weapon state. It is a leading member state of the European Union and the Eurozone, a member of the Group of 7, North Atlantic Treaty Organization, Organisation for Economic Co-operation and Development, the World Trade Organization, La Francophonie. Applied to the whole Frankish Empire, the name "France" comes from the Latin "Francia", or "country of the Franks". Modern France is still named today "Francia" in Italian and Spanish, "Frankreich" in German and "Frankrijk" in Dutch, all of which have more or less the same historical meaning. There are various theories as to the origin of the name Frank. Following the precedents of Edward Gibbon and Jacob Grimm, the name of the Franks has been linked with the word frank in English, it has been suggested that the meaning of "free" was adopted because, after the conquest of Gaul, only Franks were free of taxation.
Another theory is that it is derived from the Proto-Germanic word frankon, which translates as javelin or lance as the throwing axe of the Franks was known as a francisca. However, it has been determined that these weapons were named because of their use by the Franks, not the other way around; the oldest traces of human life in what is now France date from 1.8 million years ago. Over the ensuing millennia, Humans were confronted by a harsh and variable climate, marked by several glacial eras. Early hominids led a nomadic hunter-gatherer life. France has a large number of decorated caves from the upper Palaeolithic era, including one of the most famous and best preserved, Lascaux. At the end of the last glacial period, the climate became milder. After strong demographic and agricultural development between the 4th and 3rd millennia, metallurgy appeared at the end of the 3rd millennium working gold and bronze, iron. France has numerous megalithic sites from the Neolithic period, including the exceptiona