proprietorship is a business owned by one person. The owner may operate on his or her own or may employ others. The owner of the business has total and unlimited personal liability of the debts incurred by the business. • Partnership: A partnership is a form of business in which two or more people operate for the common goal of making profit. Each partner has total and unlimited personal liability of the debts incurred by the partnership. There are three typical classifications of partnerships: general
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or she thinks best and is not answerable to a boss. As for the name of the business‚ the name of the owner or any other name may be used. Normally‚ a sole proprietorship business requires a small amount of capital to start with‚ compared with other forms of business entities. Examples of sole proprietorship businesses are tailor shops‚ beauty saloons‚ restaurants‚ launderettes and mini market. Partnership is an association of two or more persons or entities that carry on business as partners. The
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played by the politicians are increasing the rifts within the society and the nation. India needs a leader who can be above caste‚ creed and communal perspectives and truly’ keeps people first policy Is it time for India to switch over to Presidential form of government?? India requires political leader ship with a vision that looks beyond caste‚ communal and regional politics. Indian political leadership need to focus on good governance that leverages the skills of its people and resources. Endowed
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Lecture Marketing Basic Market research *Marketing research – gather the information and use it for making decisions. Making image of the company products. *Market research is conducted to understand markets-customers‚ competitors‚ and industries. Shorter- to understand a network of customers. (The understandment of prices). *Marketing research is conducted to determine the impact of marketing strategies and tactics on customers‚ competitors and industries. (It is important to know cause
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Balance sheets: the basics A balance sheet is a financial statement at a given point in time. It provides a snapshot summary of what a business owns or is owed. It states what assets the business ownes and what it owes – liabilities‚ at a particular date. The balance sheet is uded to show how the business is being funded and how those funds are being used. The balance sheet is used in three ways: • for reporting purposes (limited company’s annual accounts) • help interested
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Banking Lecture 2 - Basic Principles of Banking Michal Mejstřík‚ Petr Teplý Institute of Economic Studies‚ Faculty of Social Science‚ Charles University in Prague‚ Czech Republic 10 October 2012 Global political governance Slide 2 Who will pay this game/cost of crises? Source: Petr Teplý (2011) Slide 3 The current financial world is “simple“ and can be described by 3 terms: 1) Planet Ponzi 2) Zombie banks 3) Uroboros Source: Petr Teplý (2012) Slide 4 Ponzi
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I have chosen to analyze the Perfect forms in English as they have always presented difficulties to learners and also because opinions of linguists differ greatly as far as these forms are concerned The aim of my paper was‚ on the one hand to investigate the main peculiarities of the perfect form trying to define their basic functions‚ meanings and their position within the system of the English verb‚ and on the other hand‚ bringing into comparison the verb systems of the English and Romanian
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American Government 24 February 2012 The Six Basic Principles Six basic principles build our Constitution and is the backbone of our government. Popular sovereignty‚ limited government‚ separation of powers‚ checks and balances‚ judicial review‚ and federalism all play major roles; from protecting our rights‚ to creating an equal balance of power in our government. Without these principles our Constitution and country as a whole would be different. Popular sovereignty means the government can
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as of values. It is important to know that hierarchy too‚ so that we can achieve success and happiness on our own terms. Research has identified 16 basic desires or values. These are extracted from actual life‚ rather than selected off a checklist. All other value-words have been found to fall within one of these 16 values. Here is a list of the 16 basic values. Power – the desire to influence others Independence – the desire for self-reliance Curiosity – the desire for knowledge Acceptance –
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1 Chapter 1 Definition and Basic Concepts Thermodynamics is defined as the science of energy. Originally derived from Greek words : therme (heat) and dynamics (power) – descriptive of early attempts at conversion of heat into power. Modern interpretation includes all aspects of energy and energy transformations‚ power generation‚ refrigeration‚ and the relationships among properties of matter. There are two approaches in thermodynamics studies: (1) classical thermodynamics – a macroscopic
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