Business Partnership Disadvantages • Business partners are jointly and individually liable for the actions of the other partners. • Profits must be shared with others. You have to decide on how you value each other’s time and skills. What happens if one partner can put in less time due to personal circumstances? • Since decisions are shared‚ disagreements can occur. A partnership is for the long term‚ and expectations and situations can change‚ which can lead to dramatic and traumatic split ups
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Chapter one page 29 Q3- What would you recommend to the company if they asked you to advise them in improving their operation? Answer: Existing problems and constrains: 1) Existing conflict between distribution operation‚ and manufacturer operation over effectiveness and accuracy of marketing forecast. This led to affect utilization‚ efficiency‚ and increased scrap. 2) Existing conflict between manufacturer operation and design house. 3) Differences in typology of operation (4v)
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Response Essay #4 Technology in Context The readings from Bijker‚ Klinenberg‚ and Kimmelman collectively address the issue of storm water management within a variety of contexts: from its historical development to examples of successful strategies worldwide. Climate change is a global reality‚ and is prompting national responses to manage the severe weather it brings. Ultimately‚ the contexts affecting US water management strategy today have and will make the difference between the failures of
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Evidencing that every text is a reflection of its context is Leon Gellert’s poem “A Military camp in Egypt” and Wilfred Owens “Dulce et Decorum est.” Poetry stemming from WW1 is frequently presented as constantly opposed to the futility the conflict created. This is made even more pronounced when the poets themselves were enlisted as soldiers and endured the horrors documented within their works. Both Gellert and Owen use their poetry as a means to voice their opposition to fighting and critique
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economic instability Orwell learned to live with practically nothing‚ except his writing. This is reflected especially well in his popular novel‚ 1984. This reflection of an author’s own life into his or her writing is known as historical context. Historical context is used by many authors‚ and Orwell is a prime example of someone who uses it to create inside his writing. Orwell’s personal experiences appear everywhere‚ though slightly altered. 1984‚ amongst several other novels‚ are littered with events
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QUESTION 2 (25%) Top and Middle are in partnership‚ sharing profits and losses in proportion 75% and 25%. The partnership agreement provided as follows: (a) Interest at the rate of 10% per annum is to be allowed on the partners’ Capital Account balances. (b) Interest on drawings was to be calculated at 4% per annum. (c) Top was allowed a salary of RM400 per month. (d) Interest on partner loan was 6% per annum. Trial Balance As At 31 December 2009 RM Capital : Top : Middle Current Account : Top :
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An Explanation of Terrorism After browsing through Stephen E. Atkins book Terrorism‚ I soon learned many interesting things regarding the history of terrorism. It seems this form of protest has been around since Biblical times. Also‚ the main goal of a terrorist is not to do damage to one peticular person or place‚ but to gain publicity for an idea they support. (page 1) Evidence of this can be found by looking at the recent past of the United States. The Oklahoma bombing was one man’s way
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Infrastructure Road/Highways Sector Public Private Partnership (PPP) A public private partnership is defined as “a cooperative venture between the public and private sectors‚ built on the expertise of each partner that best meets clearly defined public needs through the appropriate allocation of resources‚ risk and rewards. PPP is a way out to solve public deficit financing. It is done to give rise to speedy infrastructure growth. The Public Private Partnership has emerged as one of the most important
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Task 01 1.1 Partnership philosophies and its application in health and social care settings The definition of partnership according to Collins English dictionary‚ 1991 is equal commitment or the state of being a partner. Partnership is additionally characterized as an imparted responsibility‚ where all partners have a privilege and a commitment to take an interest and will be influenced similarly by the profits and burdens emerging from the partnership as characterized via Carnwell‚ R. what’s more
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A partnership is formed where a business is started and owned by more than one person. In each case‚ a legal document called a Partnership Agreement sets out how the partnership is run‚ covering areas such as: • How profits are to be shared • What the partners have to invest into the business • How decisions are taken • What happens if a partner wants to leave or dies The partners between them own all the business assets and owe all business liabilities. Partners‚ therefore‚ also have
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