its revenue is less than its expenses. A) True B) False Points Earned: 2.0/2.0 Correct Answer(s): True Correct Incorrect Ungraded 3. Business will incur a profit when expenses are higher than revenue. A) True B) False Points Earned: 2.0/2.0 Correct Answer(s): False Correct Incorrect Ungraded 4. Profit is the money that a business earns in revenue‚ minus investments‚ and the cost of salaries. A) True B) False Points Earned: 0.0/2.0 Correct Answer(s): False Correct
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COMPANY ACT 1965 It was mention in paragraph one that both Encik Zayed and Puan Hashimah does not familiar with provision of company act 1965 and the duties their roles and duties as Company Directors. According to section 122 (1) every company shall have at least two directors‚ who each has his principal or only place of residence within Malaysia. So they follow the provision of section 122(1) which is mention about at least 2 directors and both of them are the directors of the company. For their
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Businesses as well as consumers are usually free to enter into contracts on whatever terms they see fit to agree. However‚ contracts involving sales of goods can be subject to a range of statutory provisions. Consumers have greater protection than buyers who are ‘dealing in the course of a business’. ‘Let the buyer beware’ or ‘caveat emptor’ does not apply to all transactions and anyone selling goods in the course of a business to consumers should be aware that the law will imply certain terms
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BUSINESS ASSOCIATIONS OUTLINE I. Overview A. Major Course Themes i. Authority – what is corporation legally empowered to do and at what point is a corporation overstepping its bounds? ii. Responsibility – once authority has been established‚ what are the limitations of that authority – what is the duty of care? iii. Liability – what actions should directors take to insulate themselves and when can they be held liable for breaching duty of
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special value to the customers. CSR is about taking responsibility‚ and Coca Cola Enterprises does that. They do that in many ways for example with sustainable bottles and cans. The result shows that Coca Cola Enterprises uses CSR a lot. Through the analysis I have come forward to that Coca Cola Enterprises especially uses CSR in their marketing. This paper also shows that Coca Cola Enterprises has many strategic opportunities in the future‚ for example they can expand their customer service department
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Director’s duties simply mean that directors shall act in accordance with honesty‚ diligence‚ and prudence. Besides that‚ director’s duties also include avoidance of conflict of interest. Thus‚ directors should state their intention in any of the transaction in which the company is involved besides following the instructions of the board of directors. Directors should also exercise caution and competence in all circumstances as a sensible person would react under the situation. Directors also should
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Social Media Changing the Way We Do Business Table of Contents ABSTRACT ..3 Introduction 4 Legal and Employment Risks 4 Conclusion and Ethics 14 Appendix – Laws – Definitions 19 References 22 Abstract The purpose of this paper is to point out the employers versus the employees’ point of view in regards to the analysis of law‚ ethics‚ and social responsibility. Not since the industrial revolution has there been such a shift in how business and commerce is being done. Social
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Table of Content Executive Summary------------------------------------------------------------i 1. Company Summary-----------------------------------------------------------1 1.1. Market Niche--------------------------------------------------------------------1 1.2. Social Responsibility of our business----------------------------------------2 2. Our Service and Product-----------------------------------------------------2 3. Market Analysis----------------------------------------------------------------3
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Business Organization Joint – Stock Company An Entrepreneur or business owner will sell stock to investors‚ and in return‚ promise the investors a percentage of the company’s profits‚ based on how much stock they buy. We see this in larger businesses in the US‚ most notably during the market crash we experienced a couple years ago. Independent investors as well as other companies bought and shared stock with many of the big banking corporations‚ since the bands values began to drop‚ shareholders
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and Others: Developing software for How Companies Do Business Since Microsoft was established‚ their primary focus was on operating system and software for inside the computer‚ but in recent years Microsoft started to shift its strategy in order to gain ground and dominate the desktop software market. The new strategy is to write software for several industries‚ and expending the number of industries as it succeeds‚ Microsoft first step was hire business technology professionals who has knowledge
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