general rule of the Companies Act of the Section 167(1) state that every company and the directors and managers thereof shall cause to be kept such accounting and other records as will sufficiently explain the transactions and financial position of the company and enable true and fair profit and loss accounts and balance sheets and any documents required to be attached thereto to be prepared from time to time‚ and shall cause those records to be kept in such manner as to enable them to be conveniently
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JUST-IN-TIME Production and TOTAL QUALITY MANAGEMENT Introduction In today’s competitive world shorter product life cycles‚ customers rapid demands and quickly changing business environment is putting lot of pressures on manufacturers for quicker response and shorter cycle times. Now the manufacturers put pressures on their suppliers. One way to ensure quick turnaround is by holding inventory‚ but inventory costs can easily become prohibitive. A wiser approach is to make your production agile‚
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Veil of Ignorance Research Papers Veil of ignorance: The exclusion of superfluous information such as age‚ sex‚ etc. allows for the determination of choice to be rendered justly and without the difference principle‚ which worsens the societal situation of those members who are worst off - John Rawls. Rawls’ concept of the “veil of ignorance” is a model for adopting principles of justice and was derived from an unpublished document of the same title written by Wilfried Hinsch. The concept has
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of gold in Africa simply by paying for everything using gold. However‚ gold was not the only resource traded in Africa. The trans-Saharan trade routes were a vast trade network that reached across the continent‚ on which diverse goods and resources were traded‚ and knowledge‚ ideas‚ and religion spread in a phenomenon known as cultural diffusion. Cultural diffusion that occurred along the trans-Saharan trade routes shaped the development of culture in medieval Africa. The trans-Saharan trade routes
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a collection of information about a certain person or things. DataDictionary - a composite collection of specification about the nature of data and information. Database - a collection of related information or interrelated data which is organized in a useful manner that provide basic procedures like retrieving information. Data flow - specific pathway for moving data. Data Flow Diagram- is a graphical illustration that shows the flow of data within
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1.How do you assess political risk? What are its consequences? How can a firm manage political risk? What is micropolitical risk and how does it affect international business? Political risk assessment can be done as simple as conducting an online research yourself‚ or by hiring experts and consultants familiar with the host country. They are able to inform the likelihood of political change and develop possible scenarios for future political conditions. Another form of assessing political risk
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Crimes committed by Delhi youth on the rise Upasana Mukherjee‚ Hindustan Times New Delhi‚ October 27‚ 2012 Last month‚ a 16-year-old Delhiite allegedly murdered a 4-year-old boy after the victim’s mother spurned his advances. He stabbed the child more than 30 times with a pair of scissors. In April this year‚ a 14-year-old boy‚ who held a grudge against his neighbour over Rs. 50‚ allegedly stabbed her to death in northwest Delhi’s Jahangirpuri. He allegedly also killed two other women who tried
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How successful were the economic‚ social and political policies of the Tsar’s government from 1894-1914? In 1894‚ Nicholas II ascended to the throne following the death of his father‚ Alexander III. Woefully unprepared for such a role‚ Nicholas II has been characterized as a naive and incompetent leader. At a time of enormous social and political change in Russia‚ Nicholas held fast to the outdated‚ autocratic policies and opposed reform of any kind. His inept handling of the military matters and
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Problems Faced NAME: Economic Community of West African States ACRONYM: ECOWAS YEAR OF FOUNDATION: 1975 HEADQUARTERS: Abuja‚ Nigeria DESCRIPTION The Economic Community of West African States (ECOWAS) is a regional organization of 15 West African countries established on the 28th of May 1975. Its main goal is the promotion of the economic integration among its members. Indeed‚ ECOWAS is one the five regional pillars of the African Economic Community (AEC). ECOWAS has three
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Regions such as Africa‚ the Middle East‚ India‚ and Africa were severely impacted positively and negatively by the imperialism of the west. Two of those cultures that were affected in a very similar way during this time period by the effects of imperialism were Africa and India. In both places wars and violence occurred but new technologies were brought by the west that helped improved the civilizations. However Africa and India responded differently to the way the west imposed there economic‚ social and
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