structures has advantages and disadvantages. By doing, in-depth research on each structure will allow for the best decision on a business structure. A careful consideration of the organizational structures: Sole proprietorship, Partnership, Corporation, S Corporation and Limited liability company (LLC) are advantageous in helping a business to succeed. Sole Proprietorship Sole proprietorship is the most common business structure. This type of structure is owned and operated by one proprietor. An advantage
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Differentiation There are many ways to differentiate a physical product with those in its class. These techniques include quality, function, advertising, availability, distribution, and service. All of this work very well in doing what they are supposed to but there is one that stands out on top of all the others. Companies use these techniques to differentiate there product because of how it captures and locks in the customers of their target market. To differentiate means to set you apart from
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Name: Arsalan Anwar Business level 3 Unit 1: P1 Introduction: In this assignment I will be selecting two contrasting business which are going to be Tesco and Oxfam. I will be writing a written report describing their purposes and ownership, to do this I’ll talk about what goods and services they offer and to whom they offer these to. Finally I’ll talk about where they operate and which industrial sector of the economy they operate in.
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governance structure of combined stock corporations in a specified country is dogged by several factors: the legal and regulatory framework outlining the truths and responsibilities of all parties involved in corporate governance the de facto realities of the corporate environment in the country; and each corporation’s articles of association. While corporate governance supplies may vary from corporation to corporation, several de facto and de jure factors touch corporations in a similar way. Therefore, it
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The following is a list of FMCG companies in India:[5][6] * Sahara Q Shop * Amway * OMFED * Ruchi The Authentic taste of India * PepsiCo India * Hindustan Unilever Ltd. * Colgate-Palmolive (India) Ltd. * ITC Limited * Dabur * BIKAJI * SABMiller, India * Britannia Industries Ltd. * Bikanervala Foods Pvt ltd. * Marico Industries Ltd. * Nestlé India * Godrej Group * Tata Global Beverages * Parle Agro * Haldiram * Nirma
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Badr eddine Ben Mokhtar The Fine Art Of Making Concessions Summary This little « tutorial » sums up useful negotiation tricks that we can use either in real common everyday life situation or in big business transactions. The author defines negotiation as an art and art recquires some specific skills. We are given four lessons about making concessions in business negotiation, an the whole is illustrated by many exemples. First of all, « don’t assume that your actions will speak for themselves »
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Financing Commitments This is not very capital intensive business. We need little capital to make website and operate online. Currently the management ownership is divided into four members, so we are not seeking for financing from any external third party which obviously leads to not such financial commitments. So every member contributes capital of 25% and profit will be shared among them on this basis. In the future we might face different financial commitments if we plan to expand our business
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most important difference between a corporation and all other organizational forms are corporation is considered by law to be a unique legal entity, separate and apart from its owners, they are responsible for their own liability and business debts, and therefore shareholders’ liability is normally always limited to the amount of money they paid for their shares. A corporation can be taxed; it can be sued; it can enter into contractual agreements. A corporation also pays its own taxes at the corporate
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Characteristics of sole proprietorship: Easy Setup/Capital/Legal Restriction/Equity Investment / Management/Freedom of Action/ Easy Dissolution/Easily Transferable In this type of business owner can start up easy. It does not have to file any paper work as long as the business is under their own legal name. The personal responsibility of the owner is unlimited. The money that is needed is provided by the owner. If you need more money you cannot sell shares of stock or bring someone else in as
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With the advancements in technology it is changing the way businesses communicate. We have come a long way from standard USPS mail and letters and memo to customers and others with in the business. Businesses are hopping on board with the new technology. This is helping businesses communicate much easier and get information faster. One big one businesses use is email. Businesses are using the advances in technology to advertise for example; they are using company websites, social networking
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