constituted the first step in the re-creation of a Chinese legal system. The EN Law and the laws relating to foreign investment enterprises which followed it and made possible the establishment of cooperative joint ventures 2 and wholly foreign owned enterprises 3 refcHed to the concept of limited liability companies. However‚ until the passage of the General Principles of Civil Law in 19864 and the Company Law in 1994‚s there was no general legal framework in China dealing with corporations. Foreign
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CHAPTER 1. a) Differentiate between data‚ information and knowledge and provide an example to illustrate the differences. DATA | INFORMATION | KNOWLEDGE | Data is the things that are not give any specific meaning or to give explanation of some activity that happened. Example: I have the computer. | Information is the things that have specific meaning or the activity can be explained because we know the meaning or value. The data has been organized to give output to recipient. Example: the computer
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different from that of the mountains. The two distinct climate area of this country are the northern and the southern regions. Cameroon Climate shows that the average temperature of the coastal plain ranges from 22 degree to 29 degree C. The coastal area receives 250 to 400 cm rainfall‚ while the inland area receives 150 to 250 cm rainfall. The Mt. Cameroon receives 600 to 900 cm rainfall in a year. According to the climate in Cameroon the southern part has got two dry seasons from November to
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Sensitivity analysis‚ what-if analysis‚ and goal seeking analysis are used for same purpose to analyze complex relationships among millions of data items to discover business patterns‚ trends. All of them are part of Decision support systems (DSS) analysis techniques. It helps managers to explore possible alternatives. What-If Analysis: In what-if analysis‚ an end user makes changes to variables‚ or relationships among variables‚ and observes the resulting changes in the values of
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John Walter O. Boisvert TM 102 (12:20 – 2:00) FORMS OF BUSINESS ORGANIZATION 1. Sole Proprietorship - is the simplest business form under which one can operate a business. The sole proprietorship is not a legal entity. It simply refers to a person who owns the business and is personally responsible for its debts. A sole proprietorship can operate under the name of its owner or it can do business under a fictitious name. ADVANTAGES: * Capital - Sole proprietor contributes
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Electronic Business (E-Business) is a perplexing practice due to the numerous aspects it involves. In today’s rapidly changing environment‚ organizations adopt E-Business to respond to several business drivers. The progressions of the macro-environments are creating innovative business environments‚ in which E-Business is considered a normal practice. This paper attempts to model the business environment and evaluate its competitive characteristics by comparing the traditional business with E-Business
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is a sovereign state located in southwestern Europe. Spain and Portugal form the Iberian Peninsula‚ this is bordered to the south and east by the Mediterranean Sea‚ to the north and north east by France and Andorra‚ and to the west and north west by Portugal and the Atlantic Ocean. Spain also is formed by Balearic Islands in the Mediterranean Sea‚ Canary Islands in the Atlantic Ocean and Ceuta and Melilla‚ two aotonomous cities located in north Africa. Catalan Gallego Euskera
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Two articles on international business relationship The economic resource in the world is limited; however‚ the demand for the people is unlimited. The people have to make economic decisions in order to allocate the resource in the world efficiently to maximize their needs. In order to use the economic resource effectively‚ people are required to increase the productivity to reach the desire in the society. In the view point of international business‚ a better resource allocation is carried out
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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 that will affect the company’s
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1 Forms of Business Organizations and Their Attributes 2 Forms of Business Organizations And Their Attributes Sole Proprietorship A sole proprietorship is the easiest business organization to form because ownership consist of a single individual. The sole proprietor has ultimate control over the focus and direction of the entire business. This feature sets the sole proprietorship apart from all other business organizations. The advantages of a sole proprietorship are that the only paperwork
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