BUSINESS Literally‚ the word “business” means the state of being busy. Generally‚ the term business includes all human activities concerned with earning money. In other words‚ business is an activity in which various persons regularly produce or exchange goods and services for mutual gain or profit. The goods and services produced or purchased for personal use are not included in “business”. Business is an economic activity‚ which is related with continuous and regular production and distribution
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vehicle tyres are manufactured annually.The industry is ominated by 4 players-MRF‚ APOLLO‚ J.K and CEAT. Ranking of Indian tyre companies on the basis of production 1. MRF Tyres Limited 2. Apollo Tyres Limited 3. JK Tyres Limited 4. CEAT Tyres Limited 5. Birla Tyres Limited 6. Good Year India Limited 7. Vikrant Tyres Limited Indian tyre manufacturing companies are re-engineering their business and looking at strategic tie-ups world wide. The future is expected to see many strategic alliances among
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with the intent to make a profit‚ they are more often than not professional bodies such as lawyers etc. Private Limited Companies – More structured than a partnership and must have 2 or more shareholders. It is a corporate association therefore the company has its own legal identity separate from the people who own it. Public Limited Companies – These are larger than private limited companies mainly due to their ability to sell shares to the general public on the stock market‚ which generates greater
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COMPANY AND PUBLIC & PRIVATE LTD COMPANY SUBMITTED BY: Sadia Kamal Shifa Roll No: Course: SUBMITTED TO: FORMATION OF COMPANY: A joint stock company is a company whose capital is divided into shares and the liability of whose shareholders is limited to the par value of the shares respectively held by them. Joint stock companies fall under two distinctive categories. The first category consists of a company whose promoters secure a portion of its share capital by way of transferring shares to
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A public sector is an organisation or a company that was set up to provide a service to the public. An example of this is the National Trust. The National Trust is an organisation‚ a charity that is independent to the government; it is a public limited company. They get their income from the membership fees‚ donations from the public legacies and revenue that is raised from their commercial operations. The organisation aim is to protect the buildings countryside and coastlines of the UK. They do
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Victoria’s Secret has 1‚040 stores globally with more than 6 million square feet of retail space. Net sales are more than $5 billion and average sales per selling square foot are $581. However‚ when the word globally is used‚ it actually means the United States. International sales are mostly mail order or at a handful of airport stores. Victoria’s Secret could position their international presence better and is something they should work on. Victoria’s Secret still might be a secret to a lot
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Content Part 1: Organisation Profile Precisely describe the selected organisation covering the name‚ nature of business‚ size‚ vision‚ products and/or services offered‚ its competitors‚ revenue generated (supported by statistical data) and a brief description of company founder as well as its history. The organisation selected by our group is called IFCA MSC Berhad. It Is a business software solution company and established in 1987. It is specializing in the property industry for 30 years
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BARRBIZTM Volume 1‚ Issue 4 October 2010 Establishing a Business In the United Arab Emirates The benefits of establishing a business in the country include corporate tax holidays to most sectors‚ no personal taxes‚ no currency restrictions and freedom to repatriate capital and profits. Top multinational companies and global professionals have joined hands with the UAE for business projects of 1988 is the Federal Law regulating the formation and functioning of all commercial companies
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CONTENTS PAGE Introduction……………………………………………………………….Page 3 First Organisation 1.0…………………………………………………...Page 3 Second Organisation 2.0……………………………………………….Page 3 What goods do Marks and Spencer’s sell? 1.1...............................Page 3 What service does Cancer Research offer? 2.1..............................Page 3-4 Business Activity 1.2…………………………………………………….Page 4 Business Activity 2.2…………………………………………………….Page 4 Business Sector 1.3………………………………………………..........Page 4 Business Sector
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INVESTIGATE TWO SEPARATE BUSINESSES‚ ONE A PROFIT ORGANISATION AND THE OTHER A NON PROFIT ORGANISATION DESCRIBE THE TYPES OF BUSINESSES‚ PURPOSE AND OWNERSHIP. INCLUDE IN THE DESCRIPTION‚ THE LIABILITY OF THAT BUSINESS. BUSINESS 1: RIVER ISLAND BUSINESS 2: OXFAM RIVER ISLAND: PROFIT ORGANISATION ‘With over 60 years of fashion retailing experience‚ River Island is one of the most successful companies on the High Street. River Island has nearly 300 stores across the UK‚ Ireland and
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