[pic] Business Law BMAI003 Assessment 2 - Forming a Business Individual Consultant’s Report (2500 Words) Final Feed forward Document Submission Rules. Your Consultant’s Report may start with a “Front Page” with your business details (nothing too fancy) HOWEVER it must contain the following information: Your Name, Student ID Number, Course Title, Course Code, Assessment Number (“2”) and Type (Consultant’s Report.) and the word count. NB if you are stressed for words, put your
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LEGAL, SOCIAL, AND ECONOMICAL ENVIRONMENT OF BUSINESS In the scenario I am an inventor of a product that has combined other products that are dangerous to use but very helpful. With this invention I see that in the future there will be many different ways to use my product in a safe manor just like the TV remote control. I have little skill in the business aspect of things and very little money to start off with. I am trying to figure out what type of business structure (Sole Proprietorship,
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include total control of running the business, receiving all proceeds of the business, and multiple tax benefits. Disadvantages that the owner of a sole proprietorship might encounter include sole responsibility and liability for the business and limited access to funds and resources. • Income taxes – The business does have a separate income tax. All profits and losses from the business are reported with the sole proprietor’s taxes by filing the “Form 1040, and along with it Schedule C.” http://www
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Market capitalisation, which stood at Rs 5,570 crores in 1996, has multiplied over 50 times to around Rs 2,90,000 crores. It gives me much pleasure to welcome you to the 102nd Annual General Meeting of your Company. I am sure you share my sense of satisfaction at yet another year of robust growth of your Company. This performance is even more heartening given the challenging circumstances in the global economy and the slowdown in India. It also bears testimony to the robustness of your Company's
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1 Assignment 1 “Victoria's Secret, currently a household name is a retail brand of lingerie and beauty products which is owned and run by the Limited Brands Company. On average Victoria's Secret accumulates more than $4 Billion in sales a year. With over 1000 retail stores around the United States it contributes 42% of corporate profits of Limited Brand (Victoria Secret)”. Victoria’s Secret is a unique brand. With sensual supermodels, world renowned photographers, and daring advertising, it combines
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partnership property has been accounted for. Limited Partnership (LP) Sued for breach of contract The personal risk of exposure to liability is moderate; the general partners’ property is severally liable and individual property is levied on once partnership property has been exhausted. Corporation Sued for breach of contract The personal risk of exposure to liability is low; shareholders are not personally liable. Directors may face civil liability. Limited Liability Company (LLC) Sued for breach
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the core brand. The case highlights the different promotional approaches that Pink managers are taking in contrast to those of the core brand. This is a lifestyle brand. The Victoria’s Secret chain has been a big driver of financial success for Limited Brands (parent company), and Pink is expected to be a big part of Victoria’s Secret’s sustained growth. Not only does it give the chain a new set of customers, but it brings in customers at a younger age who will then “graduate” up to the Victoria’s
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and I will also give examples of some PTP’s. I will also tell what benefits these PTP’s claims will result from their investments. A publicly traded partnership (PTP) is a partnership between limited partners who provide the capital for the company and the general partners who manage the company. Limited partnership shares in the company are publicly sold by the partnership, offering equal equity or dividends of a public traded company. The publicly traded partnership must withhold tax on any
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Issues: 13 VI – MKT strategies: 14 VII – Action programs and Budgets: 15 VIII – Control: 19 I. General View 1. History: Victoria's Secret is an American retailer of women's wear, lingerie and beauty products that is owned and run by the Limited Brands Company. This company was founded in 1963 in Columbus, Ohio. Victoria's Secret was started in San Francisco, California, in 1977 by Roy Raymond who was Business alumnus of Tufts University and Stanford Graduate School. He felt embarrassed trying
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group of people working for a specific economic benefit." The phenomenon of teamwork in business is basically used to define the coordination and cooperation, between the members of a partnership that form a business or a joint venture or a private limited company. There are several, genuine advantages of preserving a team spirit, in such organizations, so as to ensure optimized output. There are several firms and companies, around the world, that operate as business groups and have a very well-defined
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