Intramuros‚ Manila GRADUATE SCHOOL OF MANAGEMENT BUSINESS POLICY (FORMS OF BUSINESS ORGANIZATION) Submitted by: MORESCO‚ MICAH RUTH S. Submitted to: DR. HONORATA PAGADUAN A business is an organization that uses economic resources or input to provide goods or services to customers in exchange for money or other goods and services. After deciding to start a business‚ one of the most important issues is the form of business entity that will serve as the vehicle in pursuing the business
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Each traditional business form‚ sole proprietorships‚ corporations‚ and partnerships‚ all have their own advantages and disadvantages. Before you enter any of these types of business forms‚ you should always weigh out the advantages and disadvantages of what you are getting yourself into to see if it is worth it. A sole proprietorship is the simplest form of business organization where the owner is the business. There are many advantages to a sole proprietorship. One major advantage is that the
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or she thinks best and is not answerable to a boss. As for the name of the business‚ the name of the owner or any other name may be used. Normally‚ a sole proprietorship business requires a small amount of capital to start with‚ compared with other forms of business entities. Examples of sole proprietorship businesses are tailor shops‚ beauty saloons‚ restaurants‚ launderettes and mini market. Partnership is an association of two or more persons or entities that carry on business as partners. The
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Democratic Government VS Oligarchy Government “The government is merely a servant -- merely a temporary servant; it cannot be its prerogative to determine what is right and what is wrong‚ and decide who is a patriot and who isn’t. Its function is to obey orders‚ not originate them.” Mark Twain Democracy and Oligarcy as forms of government have been in existence for a long period of time‚ both terms first appeared in ancient Greek political and philosophical thought. Both forms of government
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Do the risks of MRI outweigh the benefits? Even though MRI (Magnetic Resonance Imaging) is considered the “safe modality” of imaging‚ the number of adverse events has only increased in clinical settings across the past decade. MRI is considered the safest imaging modality because it can produce the most information from a patient while not delivering any ionizing radiation‚ unlike x-rays‚ fluoroscopy‚ etc. New safety screening technologies and safety practices have much promise in reducing these
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The definition of Human Capital Management The development of all labor-related issues that impact a firm’s strategic and operational objectives‚ including: the employment of people; the development of resources; and the utilization‚ maintenance‚ and compensation of their services aligned with the job and organizational requirements. Today‚ the HCM discipline is more critical than perhaps ever before. Adequately managing every facet of talent and labor requires a detailed examination of all segments
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of the owner‚ unless a DBA is filed. Advantages include the ease and simplicity of creating a sole proprietorship‚ autonomy‚ and the benefits of financial freedom. Disadvantages are unlimited liability‚ continuity‚ limited resources‚ and raising working capital. * Liability – The liability of a sole proprietorship is a disadvantage for the company. The owner has unlimited liability which means he/she is personally liable for all the business’s obligations and debts. All of the owner’s personal
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Governments play a large part in our lives. We are so used to their role‚ that much of their influence goes unnoticed. Governments differ from country to country‚ but their influence remains. Canada is a democracy with a parliamentary system of government. The United States of America is also a democracy but with a presidential system of government. Canada’s parliament consists of the Queen‚ the Senate and the House of Commons. In the Canadian parliamentary system the Prime Minister is the Head of
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Legal Forms of Business Mike Martin LAW/531 January 9‚ 2012 Carmina Perez-Fowler Legal Forms of Business Legal forms of business include sole proprietorship‚ partnership‚ limited liability limited partnership‚ limited liability company‚ S corporation‚ franchise‚ and corporation. Each of these legal forms offers distinct benefits to business owners and investors. The decision to incorporate one legal form as opposed to another is often determined by circumstance and underlying factors. Cheeseman
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Introduction 2 Federalism 2 Malaysian Government Structure 5 Federal Government 5 Conference of Rulers 5 Monarchy 6 Federal Legislative 7 Federal Executive 8 Judiciary 9 State Legislatures 9 State Executive Council 10 Separation of Powers 10 Advantages and Disadvantages of Federalism 11 Conclusion. 12 Bibliography 14 Introduction Today‚ there are many different forms of governments exercised in the world. The governments can be classified by economy‚ what goods and
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