understand the importance of how you will choose to organize your business from different types of business structures such as sole proprietorship‚ partnership and corporation. This week you will see a brief explanation of each as well as advantages and disadvantage of each of the business structures. Personal Business Structure Sole proprietorships are the simplest of all legal structures but they also lack many of the legal and financial protections of other business. The advantages of a sole
Premium Corporation Types of companies Limited liability company
CHAPTER 5 HYDRAULIC STRUCTURES 1 LEARNING OBJECTIVE(S): Know about the basic features of hydraulic structures; Identify the different types and use of hydraulic structures; Determine the flow by using different types of hydraulic structures. 2 Introduction A hydraulic structure is a structure submerged or partially submerged in any body of water. Hydraulic structures are artificial or natural objects that can be used to divert‚ disrupt‚ restrict‚ stop or manage the natural
Premium Fluid dynamics
Importance of Rank Structure in the Marine Corps Rank structure is important to the Marine Corps because it form one of the fundamental backbones of military service. Many believe that with rank structure the Marine Corps or any other military organization could not function. This is has been proven fact over the centuries by the countless of mob armies that has arisen in history of the fall apart because they had no clear leadership. One of the ways that rank structure is important is that
Premium Royal Marines
THE IMPLICATIONS OF CAPITAL STRUCTURE THEORY AND REGULATION FOR SOUTH AFRICAN BANKING INSTITUTIONS By WESLEY NAIDU Submitted in partial fulfillment of the requirements for the degree MAGISTER COMMERCII in FINANCIAL MANAGEMENT SCIENCES In the FACULTY OF ECONOMIC AND MANAGEMENT SCIENCES At the UNIVERSITY OF PRETORIA SUPERVISOR: Prof. JOHANNES HvH DE WET November 2011 -i- ABSTRACT The topic of capital structure has been one that has plagued the academic world for a number of years
Premium Finance Capital structure Corporate finance
A review of capital structure theories 1.0 Introduction One of the most contentious financial issues that have provoked intense academic research during the last decades is the theory of capital structure. Capital structure can be defined as a ’Mix of different securities issued by a firm’ (Brealey and Myers‚ 2003). Simply speaking‚ capital structure mainly contains two elements‚ debt and equity. In 1958‚ through combining tax and debt factors in a simple model to price the value of a company‚
Premium Finance Investment
A New Kind of Structure 1. Describe and evaluate what Pfizer is doing. What Jordan Cohen has created at Pfizer is a network organization. It’s a form of the boundaryless organization structure where company employees concentrate on the important aspects of the job‚ i.e. those elements that are related to the company’s core competencies‚ and other tasks are outsourced to another organization. 2. What structural implications—good and bad—does this approach have? (Think in terms of the six organizational
Premium Organization Management Structure
Business Structures Ruth Whitehead FIN/571 February 23‚ 2015 Oscar Lewis Business Structures Three types of business structures exist; Partnership‚ Sole Proprietorship‚ and Corporation. Essential deliberations are dimensions of the commercial‚ the method in which revenue from the trade is a tax‚ the lawful obligation of the proprietors‚ and the capability to obtain monies to fund the business. Few businesses start-up as a large capacity organization. All business structures have advantages and
Premium Corporate tax Corporation Business law
organisational structure 1. Hierachial structure 2. Flat structure The main hieranchial structure has many layers of management and at times this can cause information to be lost or changed while passing to one person to another. This type of structure is like a wise based triangle and every person in it has a line manager who is responsible for the work done by him‚ this makes communication slow and getting things done takes a great deal of effort‚ modern companies use a flatter structure where
Premium Maslow's hierarchy of needs Motivation
Organisational structures at First Steps Nursery and Matalan Activity 2- Analyse how businesses are organised This is an organisation chart of First Steps Nursery. This is an organisational chart of Matalan. Hierarchical- hierarchical organization is an organizational structure where every entity in the organization‚ except one‚ is subordinate to a single other entity. This arrangement is a form of a hierarchy. In an organization‚ the hierarchy usually consists of a singular/group
Premium Management Structure Organization
THE CHURCH STRUCTURE Thelma Grannison DSMN 620-D02 December 15‚ 2012 INTRODUCTION Churches throughout the world teach the Good News in diverse settings. Some churches use a the pulpit to deliver their message every Sunday‚ while others take a more organic approach meeting outside the walls of the church in several places to deliver the message of Jesus Christ. In America‚ the mission of the church is set against an environment of secularism. Secular values of diversity and extreme
Premium Rick Warren Jesus Christian terms