Q # 1: Describe three different roles of a manager; what skills are essential to perform these roles? Answer: Before the studying the roles of the manager we must know that what is manger? “Manager is the one who achieve the goals of the organization through other people”. ROLES OF A MANAGER: There are the three important and essentials roles‚ which manger performs within the organization for achieving the organizational goals‚ in which the first one is; o INTERPERSONAL ROLE: Interpersonal
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The Formation‚ Management and Dissolution of Business Enterprises Type of business organizations Sole Trader it is any business which is owned by one person. This person may recruit employee. Owner is personally responsible for the debts the company and he has unlimited liability. These are such people who testify specialized services such as hairdressers‚ plumbers or photographers. Partnership it is business that is owned by two or more people. These people put jointly in the business their
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The Theory of the Business Abstract Peter Drucker’s article‚ ‘The Theory of Business’ discusses the different theories and assumptions many businesses‚ corporations‚ industries and organizations were once founded and run upon and the strengths and weaknesses that came with those theories. Drucker points out how these former theories and assumptions may have once provided great successes for many businesses‚ such as GM‚ now pose upcoming problems for current businesses that are not willing to
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UNITED STATES INTERNATIONAL UNIVERSITY BUS4090- Strategic Management Presented to Kamaria‚ K. N By Dalton K Choge 626794 Business article Review 4 Spice World CEO takes firm to new heights with mergers This article is all about Entrepreneur Beju Shah‚ CEO of Spice World Limited (SWL) and his growth Strategy for his company. His growth strategy is one of mergers and acquisitions with established brands instead of starting them from scratch. This is because of 2 reasons; one has a head start
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What does the network layer do? Where does it sit in relationship to the other four layers of our simplified network model? Network layer is the third layer of the OSI model. It performs switching and routing by creating logical paths‚ known as virtual circuits‚ for transferring data from one node to another node. Routing and forwarding are the major functions of this layer. It also performs other operations such as addressing‚ internetworking‚ error handling‚ congestion‚ control and packet
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1 FORMATION AND INCORPORATION OF COMPANIES L Meaning of Company L Advantages of Certificate of Incorporation L Characteristics or Essential Features of a Company L Effect of Certificate of Incorporation L Floatation of Company L Types of Companies • Chartered Companies L Certificate of Commencement of Business • Statutory Companies L Memorandum of Association • Registered Companies L Contents of Memorandum of Association L Introduction Companies Limited by
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FORMATION OF A COMPANY I. Promotion : Refers to the entire process by which a company is brought into existence. It starts with the conceptualisation of the birth a a company and determination of the purpose for which it is to be formed. The persons who conceive the company and invest the initial funds are known as the promoters of the company. The promoters enter into preliminary contracts with vendors and make arrangements for the preparation‚ advertisement and the circulation of prospectus
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Firms did not flourish until the early 20th century. They emerged as an authorized structure and were granted exclusive rights to trade and conduct business in certain markets and products. The fact that firms are a different way to organize economic activities cannot explain explicitly and adequately the reason of firm formation. Many socialists and economists have given their interpretations of the conditions under which firms emerged and developed in certain ways in a specialised exchange economy
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Assignment On FORMATION OF 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
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4. Aspects of Formation for Laity Both the Fathers of Vatican II and the bishops at the 1987 Synod on Laity use the word “integral” to describe the formation for laity. The lay apostolate can only be effective “through manifold and integral formation”. In discovering and living their proper vocation and mission‚ the laity must be formed according to the union which exists from their being members of the Church and citizens of human society. The many interrelated aspects of a totally integrated
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