people who are willing to risk their resources to start and operate profit-oriented enterprises in a country. This is the sole responsibility of entrepreneurs. Some scholars argue that entrepreneurship can be given definitions from different viewpoints such as theoretical or operational perspectives. Ogbo and Nwachuku (2012) argue that theoretical dimension covers many activities relating to uncertainties in a business while operational definitions relate to simpler or single activity. Regardless of
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statements of a business and decides whether the business should continue to operate is A. the owner of the business. B. a potential investor. C. the auditor of the business. D. a teacher or student. Answer: A B2C01T1Q005eng An income statement provides financial information on i) the amount of money spent by a business on its daily operations during a certain period. ii) the profit and loss made by a business during a certain period. iii) how much money a business owed to others
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A business (also known as enterprise or firm) is an organization involved in the trade of goods, services, or both to consumers.[1] Businesses are predominant in capitalist economies, where most of them are privately owned and administered to earn profit to increase the wealth of their owners. Businesses may also be not-for-profit or state-owned. A business owned by multiple individuals may be referred to as a company, although that term also has a more precise meaning. The etymology of "business"
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Business Practicum Program 2nd Semester, AY 2014-2015 HANDOUTS Entrep 39E Product Development & Initial Business Plan Guidelines Revised by: Maria Angelita Ramona B. Libre-Valles, ExMBA Coordinator Business Practicum Program Department of Business Administration University of San Carlos In Consultation with Roberto H. Visitacion, DBA November 2014 Table of Contents | | Page | Calendar of Activities for 2nd Semester AY 2014-2015 | | 1 | The Business
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such as plastic bottles, fans, heart valves, and medical stents. As the company has expanded over the past few years, their business systems have expanded as well. This review analysis will identify existing system and subsystems for Riordan Manufacturing, Inc., and provide recommended system solution software, hardware and applications to improve current business processes and standards. Home Page Optimization In view of Riordin’s electronic information presence, the Web site Home page displays
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Hospitality business 5 P1.6: Impact of changes in IT and internet on hotels and airlines 6 P2.1: Double-entry book-keeping 6 P2.2: Calculattion and account for VAT on purchases and Sales 7 P2.3: Cash receipts, cash payments and bank reconciliation 8 P3.1: How a trial balance is constructed 8 P3.2: Trial balance along with adjustments used to prepare fianl accounts 9 P4.1: Sources of finance available to a business 9 P4.2: Reasons
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Business Accounting 10 Key concepts of accounting Done by-Bemnet A.Mamo ID number-B0129FSFS0813 School of Business and Law 10/15/2013 Contents * Introduction……………………………………………. 2 Going concern……………………………………….. 3 Consistency……………………………………………. 3 Prudence……………………………………………….. 4 Accruals…………………………………………………. 4 Objectivity……………………………………………… 5 Realization…………………………………………….. 5 Dual aspect……………………………………………
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IOSR Journal of Business and Management (IOSRJBM) ISSN: 2278-487X Volume 4, Issue 1 (Sep,-Oct. 2012), PP 18-29 www.iosrjournals.org Promoting Women’s Entrepreneurship through SME: Growth and Development in the context of Bangladesh Afiya Sultana * Lecturer, Faculty of Business Administration, University of Science and Technology Chittagong, Post Box- 1079, Chittagong, Bangladesh. Abstract: Women’s entrepreneurship is an inevitable part of country’s economic development process. The
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Business Name : Crazy Shirts Operates as a Sole Trader 1. ENTREPRENEURIAL QUALITIES Successful businesspeople have many traits in common with one another. They are confident and optimistic. They are disciplined self starters. They are open to any new ideas which cross their path. Here are ten traits of the successful entrepreneur. 1. Disciplined & Confident • These individuals are focused on making their businesses work, and eliminate any hindrances or distractions to their goals. They
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Departmentalization is the process by which the activities of an enterprise are grouped homogenously into different groups. Departmentalization refers to the grouping of operating tasks into jobs, the combining of jobs into effective work groups and the combining of groups into divisions often termed as ‘Departments’. Grouping of activities into departments is necessary part of the process of setting up organisation, whenever enterprise expands beyond the size that cannot be effectively managed by
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