Corporate personality Essay Example | Topics and Well Written Essays - 1500 words

Corporate genius - Essay Exampleive Officers (CEO) of large corporations as head as marketing managers of even smaller organisations are not hesitant to spend large sums of coin in creating brand awareness through advertisements which overly helps create the identity of the organisation among its customers. Against this background, it can be noted that the concept of corporate personality is topical and is indispensable especially to organisations which are seriously concerned about making profits as well as ensuring their survival and viability in an environment characterised by stiff rivalry.In order to get a clear understanding of the concept of corporate personality considering the attitude of the courts to this important part of company law, it is unconditional to begin by explaining what corporate personality is. Corporate personality is mainly concerned with establishing and maintaining the identity of a company (Gibson 1998). This involves creating the brand name or l ogo of the company which will be used as its identity to distinguish itself from the other companies operating in the same industry. In a free market, competition by various players is so intense such that there is need for companies to come up with knockout brands that will make them different from the other players. This is particularly very important in that it will earmark the customers to choose and identify with particular products which can help generate to a greater extent revenue on behalf of the customer. This also helps the organisation to position its unique brand in the market which can give it a hawkish advantage.However, gaining competitive advantage is not the only purpose of corporate personality but there is more to that than what is generally believed by many people. The operations of different companies are guided by the legal modelling obtaining in that particular country. The laws in different countries are also particularly designed to protect the citizens from losing their money when they enter into