different advantages and disadvantages of different types of ownership within the business sector. Before you start you’re new or expanded business plans. You need to explore all the options available to you. Will you be a Sole Proprietor or a Corporation or everything in between? The following report will examine six different business organizations in detail. Sole Proprietorship: is when the business is fully owned and managed by one person (others can be employed to help run the business)
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International business & Finance Submitted to: Professor Abdul Khaliq Submitted by: Aamara Shabbir MC11-041 Shaista Munawwar MC11-036 Salma Muqaddas MC11-049 Mariya Bukhari MC11-037 Sara Qasim MC11-048 Ammarah Chaudhary MC11-035 Ameena Ghafoor MC11-010 Hailey College Of Commerce, University Of The Punjab, Lahore Lahore Transport Company VISION “A sustainable Lahore
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Business “X” would become a distinct legal entity, having its own identification number and bank account. Filing for the Limited Liability Company (LLC) is a simple process, you would file the required documentation through the state (Articles of Corporation). You could recruit many members, which would give you the capital to grow Business “X” into a larger entity. This does come with some disadvantages also, i.e. Limited Life and Self-Employment Taxes. The business may be dissolved if a member leaves
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Ethics Case Halliburton Plc. & Washington Inc.: The Power of Politics in Corporate Business Success As a general rule, correcting market failures is best left to the government. Businesses cannot be trusted to get it right, partly because they lack the wherewithal to frame intelligent policy in these areas.[i] Free-market economist Adam Smith (1723-1790) states that if self-interested people are left alone to seek their own economic advantage, the result, unintended by any one
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Sports Bar and Restaurant Lou and Jose would like to open up a sports bar and restaurant to enable their customers to sit down, order food and drinks, and watch the big game on large screen TVs surrounding the restaurant. As many Americans, Loud and Jose have big dreams they want to see fulfilled. Lucky for them they have Miriam, who is a wealthy investor wanting to invest in their dream. Miriam will provide the capital with minimal participation in the business, but is wanting to profit from the
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Developing Good Business Sense BUS/210 March 10, 2013 Developing Good Business Sense In today's business world there are thousands of companies in operation; some similar and some different in how their input, operations, and output stages are executed on a daily basis. Below is a breakdown of how three businesses, Macy's, McDonald's, and Microsoft, differ in the aforementioned operations and material management, also known as OMM, process. Although these three companies conduct business
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integrity. Brooke Corporation is one example where these laws have seemingly failed. Brooke Corporation was once one of the largest franchisors of property and casualty insurance in the United States. Its main focus was selling insurance and other products through its franchisee locations. According to Beth Hazel (Journal of Business Case Studies, 2010) the laws as they exist today create a corporate environment focused on compliance instead of integrity. In Brooke Corporation the senior management
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Case study Charles Martin in Uganda Contents I. Case Background 3 II. Statement of the Problem 4 III. Alternatives 5 IV. Recommended Solution 6 V. Answers to the case questions …..6-8 VI. Learnings 8 I. Case Background Hydro Generation (HG) is a U.S. based company that specializes in power plant. It has built power plants in 16 countries where they maintained an ownership in about half of them. The company has targeted a construction of large dam in Uganda Africa. HG
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will always be companies such as, The Brooke Corporation, who will purposefully manipulate financial data or find new loop holes through the SOX guidelines and laws to make a bigger profit. Corporations and businesses such as these do not look at the ethics behind their decisions, but their business’s financial well-being and their own pockets. In the article, Eight Years After The Fact Is SOX Working? A Look At Brooke Corporation, Brooke Corporation would sell insurance and related services through
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Teaching Notes HealthSouth Corporation: Fraud, Greed and Corporate Governance Case Summary During the 1990s, Richard M. Scrushy, the former CEO of HealthSouth Corporation, engineered many acquisitions of rehabilitation clinics, outpatient surgical care operators, nursing homes and other health care companies. Mr. Scrushy had been a respiratory therapist who spotted a niche in the health care market and utilized his entrepreneurial talents, marketing skills, and super salesmanship to set up and run
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