YOU DECIDE PAPER 2 Part I: Discuss the various forms of organization that are available to Penelope‚ Mark and John The various forms of organization available to Penelope‚ Mark and John are: GENERAL PARTNERSHIPS: A general partnership is a business organization formed when 2 or more individuals or entities form a business for profit. All partners share in the management and in the profits and decide on matters of ordinary business operations by majority of the partners or by percentage ownership
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How can organizations learn from failure? Companies can learn from failure by setting up clear systems of measurement and utilizing certain performance indicators which record failures in detail. Simply not overlooking failure as something inevitable? First failure is defined. Second explanations on how organizations should go about thinking about failure in the right way. Third‚ elaboration on methods organizations could potentially use to learn from failure. Finally‚ what organizations can learn
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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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Essay: “what are advantages and disadvantages of ethical behavior in business?” Business Ethics Some commentators‚ such as Milton Friedman‚ believe that the "primary and only responsibility of business is to make money" while abiding by the law. Supporters of this point of view argue that companies’ self-interested pursuit of profit benefits the whole of society. Profitable businesses clearly benefit shareholders‚ but other commentators‚ such as Edward Freeman‚ argue that businesses should also
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of each area of this business. The IT Information Planning stage is when to decide on the IT Infrastructure which encompasses the technology and equipment required from the front end to the backend of the system. In this case‚ that will involve beginning with the customer as they enter a Starbucks store‚ browse the Apple iTunes music store‚ browse‚ and purchase and then download music back to the customers’ device. This will include the technology and equipment required from the customer‚ Starbucks
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The primary research is set to be the awareness of the piracy issue amongst the pupil in Hong Kong. According to the survey conducted‚ the data shows that surprisingly about 43% of the respondent have indicated that they are aware of the danger of the piracy issue in the Indian ocean particularly in Somalia. The other 57% have responded that they are not aware of the danger‚ figure 2.1. Furthermore‚ the respondent were asked to rank the familiarity on the piracy issue in the Somali waters. The table
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DIFFERENT FORMS OF ORGANISATION SOLE TRADING CONCERN ▪ Meaning ▪ Features ▪ Advantages ▪ Disadvantages ▪ Suitability PARTNERSHIP FIRM ▪ Meaning ▪ Features ▪ Merits ▪ Demerits ▪ Kind of partnership firm ▪ Types of partners ▪ Partnership Deed JOINT HINDU FAMILY BUSINESS ▪ Meaning ▪ Features ▪ Advantages ▪ Disadvantages JOINT STOCK COMPANY ▪ Meaning ▪ Features ▪ Advantages ▪ Disadvantages ▪ Management ▪ Forms
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Recent trends in the primary market – Explained! by Saritha Pujari Business Average annual capital mobilisation from the primary market‚ which used to be about Rs. 70 crore in the 1960s and about Rs. 90 crore in the 1970s‚ increased manifold during the 1980s‚ with the amount raised in 1990-91 being Rs. 4‚312 crore. It received a further boost during the 1990s with the capital raised by non-government public companies. There is a preference for raising resources in the primary market through private
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CHAPTER 5 The Nature and forms of Commercial Organizations Commercial organizations may be classified into three (3) general classifications: 1. Private individual ownership 2. Public or government ownership 3. Mixed or both government and private ownership 1. Private Individuals Ownership Any form of business ownership may be organized and would have certain advantages and disadvantages which the business organizer must have to evaluate. According to Martinez‚ Abasolo‚ and Carlos
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Blessed Farm Partnership Introduction British Isles has joined the European Community (EC) since 1972. By then‚ Blessed Farm receives funds from EC and its products can be sold at a guaranteed price under the common agricultural policy (CAP) of EC. Although Blessed Farm has faced problems‚ including increase in land prices‚ opposition from residents and increase in number of death of pigs‚ it has been operating for a number of years since there was a great support from different stakeholders
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