CLASSIFICATION OF COMPANIES AND SEPARATE LEGAL ENTITY 1) Types / form of business organization Sole Proprietor -operated by individual -unlimited liability -not complex organizational structure -all decision regards to business is done by the individual - Capital for venture is from the individual -all the profits made belong to him exclusively but he also bear all the risk -no separation between the business and his personal assets Advantages: -only minimal legal requirements for
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Distance and its effect on the foreign direct investment (FDI) flows between countries Most countries go internationally to get more opportunities and have new markets. The screening approach helps companies to select the countries that will be profitable to enter. However, there are many differences between the host and the home country which will cause the failure of the company in the host country if did not count. When entering a new market, the company must begin with exploring this market
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The Outcome and Resulting Synergies: The annual report of Sun Pharma for FY 2013-14 highlights the following points of significance to note about this merger, and the opportunities that are to result from it: • The new entity/firm will be the world’s fifth largest specialty-generic pharma company with sales of US$ 4.2 billionfor CY 2013. • The entity will have a presence in 55 countries and be supported by 40 manufacturing facilities worldwide, with a highly complementary portfolio of products
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the Caribbean corporate financial community and the associated benefits as it relates to the business strategy and financial performance. Historically, corporations were expected to serve some public purpose as justification for the benefits and privileges they receive. However, since the 1970s, the view has become widespread that corporations exist solely to maximize profits and to increase shareholder’s wealth and for no other purpose Bartlett (2015). In a capitalist society it is rare to hear
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Q.9. A Chain stores shop - keeper runs five stores located at different parts of Mumbai. Each store is administered by a Manager appointed by the Principal Owner. Store managers reside in different parts of the city. Managers are reimbursed for the car travel expenses incurred by them in commuting to work from their residence to the stores to which they are assigned. The bases of reimbursements is: Rs.300/- per week for Repair/Maintenance. A variable amount at the rate of Rs.1.60 per Km. of travel
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continued through disintegration of its core business and he also believed that essential funding and flexibility to accelerate survivability would have made through the financial policies. Founded as a chicken-farmer- turned-printer, the Deluxe Corporation was established in 1915 St. Paul Minnesota and it is regarded as the pioneer in the emerging check printing business which had specialty on checks and checkbooks. In the United State of America, Deluxe was considered as the largest provider of checks
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Business Plans: Implementing and Designing Professor Laura Alderson MGMT 3510-001 University of Memphis By Keara Collins 1 April 2014 Business Plans: Implementing and Designing Each and every day Americans are striving to become more independent in the business world. Being a business owner is very exciting, but it requires knowledge, work, skills and maintenance. One of the best ways to design and implement a business plan is to write the vision and do the research. There are procedures
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MODULE - 1 Forms of Business Organisation Business Environment 3 Notes FORMS OF BUSINESS ORGANISATION 3.0 INTRODUCTION After identifying the business in any field e.g., Insurance, it is necessary then to have a legal entity to be known in the society. The legal entity can be in any form of a business organization. The various forms of organization are as follows: 1) Sole proprietorship 2) Partnership 3) Co-operative Society 4) Joint stock company (Private
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expressed various reasons for which Sony implemented the training program. Reasons for which Sony implanted these programs are as follows; Prevent high job turn-over rate, return on investment and creation of an international cooperate culture. Sony Corporation implemented this training program in hopes of preventing a High Job Turn- Over rate. Job Turn-over is where a percentage of workers who leave the organization and are sometimes replaced or not. The program was implemented in desire to prevent this
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______________________________________ PRIVATE LIMITED REGD. OFF.: _____________________________________________________ CIN: ________________________________ BOARD REPORT Dear Members, Your Directors have pleasure in presenting this Fifth Annual report on the affairs of the Company together with the Audited Statement of Accounts for the year ended on 31st March, 2015. 1. Financial Summary or performance of the company:
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