QUESTION 2 (25%) Top and Middle are in partnership‚ sharing profits and losses in proportion 75% and 25%. The partnership agreement provided as follows: (a) Interest at the rate of 10% per annum is to be allowed on the partners’ Capital Account balances. (b) Interest on drawings was to be calculated at 4% per annum. (c) Top was allowed a salary of RM400 per month. (d) Interest on partner loan was 6% per annum. Trial Balance As At 31 December 2009 RM Capital : Top : Middle Current Account : Top :
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DEED OF PARTNERSHIP THIS DEED of Partnership is made at Ahmedabd on 9th day of January 2012 by Ram Kishan Patel and between: Shri Hemant Patel aged about 22 years‚ son of Shri Shyam Patel resident of 2‚ Lal Bagh Ahmedabad (Hereinafter to be called the First Party); Shri Omkar Shah aged about 25 years‚ son of Shri Gopal Shah resident of 5‚ agrawal Nangar‚ Ahmedabad (Hereinafter to be called the Second Party); Shri Kunj Patel aged about 22 years‚ son of Shri Mukesh Patel resident of 3‚
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influence the organisation members’ interaction and glue the organisation together. According to Schein’s (1992) model of culture; there are three levels of culture: artefacts‚ espoused values and basic underlying assumptions. The basic underlying assumptions are the essence of an organisational culture‚ which include taken-for-granted beliefs‚ perceptions‚ and ultimate source of values and actions. Once organisations have developed a set of assumptions‚ members within organisation follow the assumptions
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Schools as organisations – Level 3 Know the structure of education from early years to post-compulsory education. There are many different types of education establishments within England. These vary dependent on the type of funding they receive or if they are attached to a particular faith. Using the internet‚ research early years provision‚ the different characteristics of different types of schools within England and post 16 options. Task 1.1 Each local education authority
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attracting employees to that job‚ screening and selecting applicants‚ hiring‚ and integrating the new employee to the organization. Recruitment is the process of searching the candidates for employment and stimulating them to apply for jobs in the “organisation”. Recruitment is the activity that links the employers and the job seekers. A few definitions of recruitment are: A process of finding and attracting capable applicants for employment. The process begins when new recruits are sought and ends when
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ORGANISATIONS AND BEHAVIOUR LO1 1.1‚ 1.2 This essay aims to identify the key elements between organizational structure and culture Organizational structure can be described as the framework in which an organization operates. There are three main types of organizational structure: functional‚ divisional and matrix structure. A functional structure is set up so that each portion of the organization is grouped according to its purpose
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language and organisation. You have been asked to write a short report on the use of the Internet in Malaysia. Your report should integrate all the information given below. You should write 150 to 200 words. Computers have become a part of life for Malaysians. Findings show that there are 10 million Internet users in Malaysia who surf the net on an average of 9 hours per week. Males make up 50.2% and females 49.8% of internet users. Distribution of Internet Users [pic]
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Steven Cespedes Egan College Writing January 9th‚ 2012 Classification of Computer Users The sound of the keyboard typing away and the clicking of the mouse throughout the night has become a normal occurrence in every American household. Staying up until two or three in the morning browsing the web has become a characteristic of many computer users today. Since the personal computer has been invented life‚ work‚ and pleasure have changed drastically. With the creation of the internet
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increase productivity‚ co ordinate and provide direction between employees. According to the business dictionary (2013)‚ an organisational structure is the hierarchical arrangement of lines of authority‚ communications‚ rights‚ and duties of an organisation. It determines how roles‚ power and responsibilities are assigned‚ controlled and coordinated and how information flows between different levels of management. A structure depends on the organisation’s objectives and strategy. There are many influences
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PEOPLE IN ORGANISATIONS Level 7 I. ORGANISATIONAL BEHAVIOUR 1.1. The meaning of organizational behaviour We live in an organizational world. Organizations of one form or another are a necessary part of our society and serve many important needs. The decisions and actions of management in organizations have an increasing impact on individuals‚ other organizations and the community. It is important‚ therefore‚ to understand how organizations function and the influences which they
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