individual acts are binding on all the partners, and who are personally responsible for the partnership's total liabilities. Limited partners are those who contribute only money and are not involved in management decisions and whose liability is limited to the amount of their investment. Joint Venture Joint Venture acts like a general partnership, but is clearly for a limited period or a single project. If the partners in a joint venture repeat the activity, they will be recognized as an ongoing
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a business owner needs to protect their personal assets in the event of a possible lawsuit. This paper will provide an explanation and scenarios for the different options of business formation: corporation, S corporation, franchise, limited liability company, limited liability partnership, partnership, and sole proprietorship. Corporation A future business owner is interested in establishing a service company such as a construction company, auto repair, auto detailing, cleaning service or event
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CHAPTER 1 THE PROBLEM AND ITS BACKGROUND Background of the Study Every person has a right to an education. Here in the Philippines, we can choose to attend a public school or a private school. And there are some who prefer home schooling, depending on the family’s financial capability. If the family cannot financially provide for private schooling, they can apply for academic or athletic scholarships. This gives the family of gifted children an opportunity to attend good private schools and
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of Promotion: Promotion is a part of an organization marketing mix that is used to inform & persuade the market regarding its products & services. Promotion Mix: It is a combination of personal selling, advertising, sales promotion, publicity & public relations that helps an organization to meet its marketing objectives. Communication Process in Marketing: Companies to be successful must communicate effectively. Effective communication is one which is received by the receiver in its original
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P1 – Explain how knowledge or personal strengths and weaknesses can be applied to prepared for and contributing to a business What is an entrepreneur? An entrepreneur is a person who sets up a business or businesses, taking on financial risks to make profit. Qualities The qualities that are useful to a successful entrepreneur are you need to be confident and willing to take risks. Skills – Ability to carry out certain tasks after training Knowledge- Information that has been learned
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being the first is not always the best and the last sometimes has its perks but being last can also have its failures as well. In this report, we will analysis the advantages and disadvantages of both the first and late mover theory along with the pros and cons of the advantages and disadvantages. After the advantages and disadvantages are provided, an example of real firms who have been successful and those who have failed using each theory. Finally, a definitive and unbiased recommendation of which
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Table of Contents Definition of Corruption 1 Advantages and disadvantages of corruption 2 Poverty 2 The worst access to education and health services 2 An additional burden for investors 2 At the same time, there are positive consequences of corruption. 3 Reference 4 Definition of Corruption Corruption is difficult to determine. The most common definition of corruption is the abuse of official position with an ax to grind. Also on the basis of anti-corruption law in Estonia corrupt
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strategies for acquiring those funds. B. d. Proprietorship is an unincorporated business owned by one individual. i. Advantages 1. Easy to set up 2. Few government regulations 3. Income is not subject to corporate taxation but is taxed as part of the proprietor’s personal income ii. Disadvantages 4. May be difficult for a proprietorship to obtain the capital needed for growth 5. The proprietor has unlimited
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What is Copywriting? * Another word for the text of an ad. Copywriting is impressionistic: using a few words to deliver a complete message. What is the creative team? * The copywriter and art director. Which leads to the creative plan What is the creative plan? * How will the product be presented? Which benefits will be communicated? What is the mood of the ad? What are the production values of the act? What is the purpose of a headline? * Get attention of reader, Target potential
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Running head: The Definition of Immigration, Emigration, and Brain Drain. 1 The Definition of Immigration, Emigration, and Brain Drain in Terms of being Beneficial and Counter-productive to many first world countries Author Note December 11, 2012 The Definition of Immigration, Emigration, Brain Drain. 2 Abstract Immigration, Emigration, and Brain Drain are three topics that all go hand in hand
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