KINDS OF COMPANIES Legal Environment and Business What is a company? A Company is a voluntary association of persons formed for the purpose of doing business‚ having a distinct name and limited liability. They can be incorporated under the Companies Act (it may be any type of company) Corporations enacted under special enactments ( Even those which are incorporated outside India) Corporate sole Any other body corporate notified by the central government Features of a
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depends on the limited liability company and if it allows it. What your competitor does has no affect on your lease. It would be nice to help recover some money that they have invested in the lease and to recover some of the loss‚ if it is aloud‚ hopefully the commercial property limited liability company allows it‚ because that would be really nice to recover some cost and not be completely in the whole. You would have to hope that a commercial property limited liability company would work with
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The Structure of a Business Decision Executive Summary The Nakamura Company of Kyoto‚ Japan is famous for making quality and for middle class lacquer containers for the daily table. The company started selling the product under the brand Chrysanthemum which eventually became the leader in the market. The product became famous with the American GI’s after the World War 2 back when Japan was under rehabilitation with assistance of the United States. Aside from the purchases made by the GI’s
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Family Business Case 5 The Vega Food company owner Francisco Valle Sr had just recently died and now the rest of the family is having problems with the money‚ shareholders and what exactly are the siblings responsibilities in the company. Francisco Jr has been working there the longest and has the most experience working along side his dad in the company. His four sisters are now wanting more percentage of the shares in the company. The main problem is with his young sisters Mari who wants more
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Comparative Financial Ratios For Holding Companies in the Philippines Prepared by: Submitted to: Prof. Redentor Caguioa Financial Management 1 Second Semester A.Y. 2014-2015 Table of Contents Introduction Industry Background Summary of Financial Ratios Common Size Analysis Review of Ratios and Analysis Conclusion Appendices INTRODUCTION Financial analysis is the examination of a business from a variety of perspectives in order to fully understand the greater financial situation
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5-small business‚ entrepreneurship‚franchises Small business: independently owned & operated for profit & is not dominant in its field” Distribution industries: retailing‚ wholesaling‚ transportation‚ communications Service industries: 48% nonfinancial services‚ medical‚ dental care‚ TV‚ hair‚ restaurant Production industries: 19% construction‚ mining‚ manufacturing Advantages: relationships‚ change‚ record‚ independence Disadvantages: failure‚ limited profit‚ raise capital Business plan: carefully
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1. Joint venture between TCL and Alcatel In 2004‚ TCL Technology Holdings Limited‚ a multinational electronics conglomerate from Huizhou‚ China entered into a mobile phone manufacturing Joint Venture with Alcatel‚ a global corporation in telecommunication equipments‚ services and applications from Paris‚ France‚ in a bid to foray into the global market. The joint venture company - TCL and Alcatel Mobile Phones Ltd (TAMP) - managed research and development (R&D)‚ sales and distribution of mobile
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most effective computing solutions to meet those needs. This direct business model eliminates retailers that add unnecessary time and cost‚ or can diminish Dell’s understanding of customer expectations. The direct model allows the company to build every system to order and offer customers powerful‚ richly-configured systems at competitive prices. Dell also introduces the latest relevant technology much more quickly than companies with slow-moving‚ indirect distribution channels‚ turning over inventory
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BUSINESS LAW COURSEWORK ASSIGNMENT: 2013-2014 Craig Shaw Contents 1. Introduction 2. Company vs Partnership 2.1 Benefits of adopting a company 3. Types of company 4. Shareholding model 5. Starting the company 6. The Articles of Association 7. Conclusion and recommendations 1. Introduction As an employee of a management consultancy specialising in starting up business ventures‚ I have been approached by 3 graduates wish to develop an idea into a business venture. This report aims to give
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the following business type has longest life time? 1. Sole proprietorship 2. Partnership 3. Joint stock company 4. All of the given options 2) Election of the Board of Directors is done by Shareholders. 1. Through special resolution 2. In annual general meeting 3. In Special meeting 4. In statuary meeting 3) Which of the following business type‚ has to pay double taxes to the government? 1. Sole proprietorship 2. Partnership 3. Joint stock company
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