There is some overlap between stock/non-stock and for profit/not-for-profit in that not-for-profit corporations are always non-stock as well. A for profit corporation is almost always a stock corporation, but some for profit corporations may choose to be non-stock.n British English and in the Commonwealth countries, the term company is more widely used to describe the same sort of entity while the word corporation encompasses all incorporated entities.
Richard G. Drew invented double-sided tape while working for the 3M company.
Blockbuster can thank Charles Ginsberg, inventor of the videotape recorder, for its brief but profitable rise, all based upon a simple business model of renting video tapes. Ginsberg, an researcher at Ampex Corporation, invented the videotape recorder in 1951. The contraption worked by taking live images from cameras and converting them into electrical impulses stored on magnetic tape. Ampex sold the first video tape recorder for $50,000 in 1956. By 1971, Sony began marketing the first at-home VCRs. After Ginsbergâs invention broke, nothing was ever the same for the entertainment industry.