Chapter 6 Discussion Questions 2.) When buying an established business‚ what questions should you ask about it? From whom might you seek information about the business? Questions to be asked: How long has the business existed? What is the current status of all products and materials? How were the tax returns dispersed within the business over the past 5 years? What is the profit record? Is the profit increasing or decreasing? What were the sales records like over the past 48 months
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and classification of small and medium scale industries in global context Meanings of Small and Medium Industries differ from country to country‚ depending on one or more of thresholds laid down in respect of investment‚ employment‚ turnover etc. The issue of what constitutes a small or micro and medium scale industry is a major concern in the literature (Ward‚ 2005). Different writers have usually given different definitions to this category of 25 business. Small and medium scale industries have
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It is pointless having the different objectives of the High Achievers Club and not determining a specific time for those objectives to be achieved. Objectives outlined must be time bound and resources‚ both human and non-human must also be time bound. For example‚ homework and other assignments given must be completed by a specific time and if not completed the students should be held accountable. The teachers too should have a specific time in which to mark assignments and provide feedback and
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Entrepreneurship & Small Business Market failure is often given as a justification for Government support of the SME sector. Discuss the various types of market failure‚ which are said to occur and‚ drawing on the literature‚ discuss whether they are valid justification for Government intervention. The SME sector of an economy is the small to medium sized enterprises‚ of which is made of 3 different types of enterprise‚ and they are; micro‚ small and medium size enterprises. The size of a firm
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which means you are not getting as high a quality as you would likeArticle Source: http://EzineArticles.com/90219 Small Colleges Vs. Large Colleges When choosing a college‚ one should take many aspects into consideration. Consider such things as location‚ majors and minors offered‚ campus size‚ sporting events‚ and student population. The most important feature is the size of the school and student population. Although there are some superior advantages about going to a larger college or
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A study of the organization’s objectives helps to understand how it is likely to respond to changes in its environment. It is often assumed that business organizations will always try to maximize their profits through a combination of maximizing revenue and minimizing costs. The profit maximization objectives must be qualified by a time dimension. A firm that pursuing a short-term profit-maximizing objective may act very differently to one that seeks to maximize long term profit. This may be reflected
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development of small business and they include government and commercial banks. Small businesses refers to those businesses that are independently owned ‚ operated and organised for profits and is not dominant in its field. The government as a way of supporting small business in terms of finance is offering general incentives through the general incentive policy .This programme is available to local and foreign small firms investing in land‚ buildings‚ plant and equipment to encourage small and medium sized
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A STUDY ON “LICIT SECT TYCOONS IN SMALL AND MEDIUM ENTERPRISES” AT “IPDOME STRATEGY.PVT.LTD” By ABSTRACT The study deals with “A STUDY ON LICT SECT TYCOONS IN SMALL AND MEDIUM ENTERPRISES AT IPDOME STRATEGY” The main objective of this study is to know about the legal problems faced by the small and medium enterprises and to enhance their growth. The Small and Medium Scale Enterprises/Industries (SMEs) are functioning as a lifeline in industrial sector in tamilnadu due to their significant
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people prefer to work for a large company. Others prefer to work for a small company. Which would you prefer? Use specific reasons and examples to support your choice. The issue whether working for a large company is better than working for a small company is a controversial one. From my everyday experience and observation I think that every option has its advantages and disadvantages. I base my opinion on the following points. From the one side working for a large company brings many benefits
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Anatomy and Histology of the Small and Large Intestine MACROSCOPIC FEATURES Small Intestine The small intestine is a specialized tubular structure within the abdominal cavity in continuity with the stomach proximally and the colon distally. The small bowel increases 20 times in length with aging‚ from 200 cm in the newborn to almost 6 m in the adult‚ and its length is approximated by three times the length of the infant‚ or height of the child or adult.[1] The duodenum‚ the most proximal
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