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.
Cassette Tapes. A Phillips Carry-Corder cassette recorder from the mid-1960s. In the 1950s, magnetic tape looked like the obvious replacement for the disc, but it fizzled. It came roaring back in the early 1960s in the form of the Phillips âCompact Cassette,â today simply called the cassette.he success of the cassette as both a format for making home recordings and for listening to purchased albums came together in the 1980s. LP sales went into decline, and by about 1990 few phonograph discs were being released.