Forms of Business Organisation (Indian Context) Sourav Sinha Forms of Business Organisation : While establishing a business the most important task is to select a proper form of organisation. This is because the conduct of business‚ its control‚ acquisition of capital‚ extent of risk‚ distribution of profit‚ legal formalities‚ etc. all depend on the form of organisation. The most important forms of business organisation are as follows: Sole Proprietorship Joint Hindu Family Business Partnership
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Business Model A business model describes the rationale of how an organization creates‚ delivers‚ and captures value (economic‚ social‚ cultural‚ or other forms of value). The process of business model construction is part of business strategy but always not same. Actually it is a set of planned activities designed to produce profit in a marketplace. And e-commerce business model that aims to use leverage the unique qualities of the internet and World Wide Web. It has eight key elements. 1
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development in Nigeria can be traced back to the end of the 19th century when the first generating power plant was installed in the city of Lagos in 1898. From then until 1950‚ the pattern of electricity development was in the form of individual electricity power undertaking scattered all over the towns. Some of the few undertaking were Federal Government bodies under the Public Works Department‚ some by the Native Authorities and others by the Municipal Authorities. ELECTRICITY CORPORATION OF NIGERIA (ECN)
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Websites and social media networks and assess its online and social media presence. What recommendations can you make to Ben % Jerry to improve their management of online presence and social media activities? Ben & Jerry is using BI(Business intelligence) tools to track all of their ingredients so when a customer calls with a concern or questions they can look up that specific pint of ice cream and where all the ingredients came from and correct this issue. They are using BI tools to
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1. Sole trader businesses are the easiest to set up because there is no complex paperwork. The business and the owner are the same person in law. The sole trader does not have limited liability which means that they are responsible for all the debts of the business. The sole trader has to produce an annual accounting return for the Inland Revenue. 2. Partnerships are set up by a Deed of Partnership which is a document made out by the partners and witnessed by a solicitor. This Deed sets out the
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VanNiman 1 A1. Viability of the product of service that the business offers in an online environment. Going online with this type of business allows doors to open to possible customers who wouldn’t otherwise have knowledge of its existence. The type of service that this business offers is usually searched once due to the nature of the expected outcome. When looking for a home‚ expected buyers look for the one that fits all of their requirements. Most home shoppers have a realtor
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Introduction Jessica Ajayi was a vibrant‚ intelligent‚ business savvy‚ wife and mother of three (3) just 6months ago‚ today; she lies in the hospital bed looking like her exact opposite: frail‚ weak‚ thin and generally lacking energy or life. She was diagnosed of Leukemia about a year ago and her health took a turn for the worse. She was in so much pain and discomfort. Alas‚ it was time to talk about how to make her comfortable till she was longer no more. She was ready‚ her immediate family was
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Understanding Business Organisations Report RSPCA is a Charity non-profitable organisation from the Tertiary Sector within Services. http://www.rspca.org.uk History The Royal Society for the Prevention of Cruelty to Animals was founded in 1824 by a group of twenty-two reformers led by Richard Martin MP‚ William Wilberforce MP and the Reverend Arthur Broome in a London coffee shop ( in St. Martin’s Lane‚ not far from Piccadilly Circus‚ stood Old Slaughter’s Coffee House) and founded as
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Scenario 1: LO1 (P1.1): There are mainly four types of organisations. Private sector organisations‚ Public sector Organisations‚ voluntary organisations and cooperatives. Private Sector: In the private sector‚ businesses operate in order to maximize the profits. They raise finance by issuing shares‚ borrowing loans from banks etc. They are owned and controlled by private parties. For example Bank of Maldives‚ Amin Construction pvt ltd‚ Haza Construction pvt ltd. Their main aim is to maximize the
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In this task I will show how my chosen business has met its aims and objectives in detailed examples‚ and my chosen business is; Barnardo’s Charity within Voluntary Sector. Barnardo’s is a British charity‚ the charity founded by the Irish Doctor Thomas John Barnardo in 1866‚ to care for vulnerable children and young people. Aims:- * The biggest aim to the Charity is helping children. * Providing workshops and other activities designed to assist males careers in having better relationships
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