Balance sheet- a picture of what a business "owns‚ owes‚ and is owed" at a specific point in time. Profit- the amount of money left over after costs have been covered = TOTAL REVENUE - TOTAL COSTS Operating Profit- the profit the business has made from its normal business activities Capital Employed= share capital + reserves + long term liabilities Profit Quality Evaluation A rising level of profits is not always an indicator of a successful business Is the profit the result of a sudden
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it difficult to predict how the court will rule o Many laws require court to determine what is “foreseeable” or “reasonable” • Ethics‚ Law‚ and CSR o Ethics: study of right and wrong behavior o Business ethics: study of right and wrong behavior in the business world o Moral minimum: the minimum acceptable standard for ethical business behavior‚ normally considered compliance with the law o Corporate Social Responsibility (CSR): the idea that corporations should be accountable to society for
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Chapter 11 Internet Law and Ethics The Internet is a substantial catalyst for continuing globalization‚ breaking down national boundaries and rules to allow free interchange of communications‚ ideas‚ goods and services around the world - 52% agreed that by 2020‚ the free flow of information on the Internet “will completely blur current national boundaries as they are replaced by…geographically diverse and reconfigured human organizations tied together by global networks” Policy makers‚ users
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AB1301 Business Law 2012/13 Semester 1 TABLE OF CONTENTS CHAPTER 3: OFFER AND ACCEPTANCE ........................................................................................... 1 3.1 Offer ........................................................................................................................................... 2 3.2 Acceptance ................................................................................................................................ 3 3.1 Electronic
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According to me Cravia must focus on expansion as well as scale his business at the same time. Cravia is a company owned by the United Group‚ which is headquartered in Saudi Arabia. Group was founded in 1972 by Khaled al-Haj‚ who allowed his son Walid al-Hajj chance the family business management in the United Arab Emirates‚ and Walid al-Haj walked on his father’s approach‚ inspired by his vision in the world of business plans and strategies for growth and expansion based on high quality‚ and world-class
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A study of Perceived Work Environment in terms of Employees Personality Submitted by Ajit Varwandkar PGDHR‚ MBA (Marketing)‚ BE (Mechanical) Management Research Scholar with Swami Vivekananda Technical University‚ Raipur ( C.G.) [contact : info@fsindia.in] Guided By : Dr. PB Deshmukh Director‚ Shri Shankara Mahavidyalaya‚ Bhilai‚ CG. Dr. J C Ajawani HOD- Psychology‚ Arts & Commerce Girls College‚ Raipur. ABSTRACT Today’s workplace is changing. Organizational structures and the
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out of your business at any given time. In an ideal business cycle‚ you will always have more cash flowing in than flowing out. The reality is however‚ that most businesses have to produce or deliver goods/services to their customers while also paying their staff and suppliers before they get paid themselves. The task of managing cash flow is increased in complexity as the number of transactions and amounts of money involved grows‚ also resulting in greater impacts for the business if it is not
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Business studies has captivated me since I started learning it in 11th grade because it provides an international perspective on commercial strategies and operations. Since I have studied commerce in my 11th&12th grade I have a clear and thorough understanding of the basics of business management and principles of accounting. As a part of my course I have visited nearby factories to prepare a project on sales promotion which was adjudged as one of the best projects of my class. Since I grew
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Corporate and Business Strategies…………………………………… 4 Common Elements of Success…………………………..……………. 6 Important Lessons relating to Executive Careers……………………. 6 Conclusion.……………………………………………………………………….. 7 Sources….……………………………………………………….……………….. 8 Introduction The role of strategy in success can be illustrated by looking closely at Madonna’s career. Madonna’s success has many characteristics of an effectively implemented business plan‚ complete with
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placed an order. John signed a standard form contract and paid a deposit. Two months later‚ problems arose which caused John to delay his business. John incurred financial losses. B. IDENTIFYING THE ISSUES 1.0 CONTRACT BETWEEN JOHN & FRANK. It is obvious that there is a contract for the sales of goods between Frank and John. Therefore‚ terms implied by statute into the sales of goods will only be relevant here. 1.1 Is it a consumer or non-consumer contract? Here‚ we need to
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