Vanessa Lefler Bus 210 Week 2 Checkpoint A friend of mine and I are going to try and open a business doing accounting and bookkeeping but are having a hard time choosing if the form of business organization we will operate as will be joint stock‚ limited liability‚ partnership‚ or a sole proprietorship. A joint-stock company is where business owners raise capital by issuing stock certificates of its ownership. This means selling stock to investors that guarantee them a certain percentage
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to transfer or sell their investment interest at any point in time by selling their stock to another party. Apple‚ INC. depicts this form of company. Limited Liability Company (LLC) means that‚ the investors are only limited liable in case the business‚ the investors invested in‚ goes bankrupt. The creditors can only take what each investor has initially invested. The creditors must not take outside an investor’s investment‚ no personal monies that are not part of the investment. Let us say I
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A local business that I frequent is Walmart. I go there on almost a weekly basis to get groceries and other necessities. The three main components of a business model are its business commerce‚ business occupation‚ and business organization. Business as a commerce is the process in which people produce‚ exchange‚ and trade goods and services. Walmart’s business commerce is trade. As Walmart has expanded‚ they are engaged in not only the trade of goods‚ but also services. Most Walmart stores have
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Checkpoint – Business Models and Systems The business that I am choosing to write about is a small convenience store located across the street from my children’s school. It is owned and operated by a very pleasant Indian couple. It is located in a remote area where there are very few businesses in close proximity. This store offers a variety of products and prepared foods. The three main components of the business system that comprises this particular business are as follows: Business as Commerce
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Study BUS/210 January 14‚ 2011 Kalaveeta Mitchell In reviewing both case studies‚ I have to say that they both have very different thoughts for motivating their employees. This is a very hard thing to do because there are so many personalities that they have to gear the type of motivation to the specific area or person they are working with. The first case study I believe to have been using the goal setting theory. Here is a woman who was just trying to help her son drum up business‚ then
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PC Repair Geri Bell BUS/210 April 3‚ 2011 Ken Harrell I created my brochure for the company that I created in week 4 which was PC Repair. This company is a computer repair business for local people and small businesses. In creating the brochure I had to make sure that the prospective applicant was aware of the benefits of working for this company. I also had to make sure that the prospective applicant was aware of how this company is one of the current trendsetters in the world‚ as far
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Only the money stockholders have initially invested in the business is at risk. For example‚ suppose John holds shares of Mike’s Auto Repair Shop‚ which is a limited liability company. John would still have a percentage of the vote on Mike’s management decisions‚ board elections‚ etc.‚ but John would not be responsible for any of Mike’s outstanding unpaid liabilities because he would only lose the money in which he invested in Mike’s business. In a partnership‚ skilled professionals such as bankers
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Bus/210 Check point Code of Ethics 05/31/2013 The company I’m starting is an insurance agency which we sale auto‚ homeowners‚ and life insurance. Ethical Code of Conduct A) Create a business of open and honest communication- Everyone should feel comfortable to speak his or hers mind. No one should be afraid to ask questions or speak up when they think something is wrong. B) Health and Safety- Having a healthy and safe business will make everyone feel comfortable. We should always
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bus * * Checkpoint: Business Organization * Robert Surls In 2005 my aunt left me an inheritance. It was a large sum of money. There was a stipulation to receiving this gift. I needed to invest in a company of my choice. My last employer was a cleaning company and I approached my old employer with a proposition. I and another business partner that I convinced in investing with me would organize a joint-stock company. This was to be a private partnership‚ as well as a limited partnership
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Ethical Code of Conduct Debra A. Winters BUS/210 July 25‚ 2012 Michael Johnson Ethical Code of Conduct Boulder Bengals Kittens and Cats Cattery This code of conduct guides the ethical business behavior practices of all persons and employees of Boulder Bengals. The code not only describes how we do business‚ but also defines the responsibility for each and every one of us in protecting our business reputation‚ and our reputation as ethical and responsible cat breeders. I. Comply with
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