the main features of the company law of Kenya and to enable students to understand and critically analyse the ways in which company law balances the interests of different groups represented within the company. Learning Outcomes: Upon completing this course students will be able to: 1. Explain the basic theories about the company‚ its objectives and its role in commerce and society. 2. Explain the nature of companies in legal and economic terms. 3. Explain how companies are formed‚ how they make
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A. Identify an alternative costing method that could benefit this company‚ and describe the main characteristics of that method If Hampshire Company was only manufacturing stick umbrellas‚ I would suggest that the company uses traditional costing due to the fact that it allocates indirect costs to the items manufactured on the basis of volume. This would be much easier and less expensive to create and still give accurate results due to only one item being manufactured in mass quantities. Adding collapsible
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process through which an employer determines whether employees are using drugs. Many companies have adopted drug testing policies in the work places. The testing is done to determine whether they use‚ or have used alcohol and drugs such as amphetamines‚ marijuana and cocaine. The companies have implemented the drug testing policies by sharing written policies with all the employees. For that matter‚ the companies have laid diversified strategies in mitigating the effects of drug use in the workplace
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A company profile is a commonly used document in business that offers potential clients‚ current clients‚ employees‚ job applicants and the public in general a description of a particular company and an overview of its history‚ activity‚ operations and plans for the future. These profiles normally appear on a company’s website‚ promotional materials or other company documents and publications. Some business and public relations experts advise that a company profile is important because it is often
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COMPANY INCENTIVES Amber Logan Ohio Christian University The purpose of company incentives is to motivate employees to increase sales‚ increase profits‚ improve product quality‚ or cut costs. Incentives are also a way for management to know that employees are putting 100% effort into their work and can be trusted to perform in the best interest of the company without monitoring every move of employees. When companies are too controlling over their employees it can hurt
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Vershire Company Key Problems Though Vershire Company does not have explicit problems‚ it has a number of weaknesses in its systems. First is in the style of their budget preparation. Their sales budget preparation had little flexibility when it was already approved before the start of the year and were already fixed objectives. This kind of system has an advantage of pushing its managers to strive and meet the objective budgets. However‚ it is a disadvantage when there are unforeseen relevant
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Introduction Medoc Company is faced with some problems in its transfer pricing policy between 2 of its 15 investment centres within the firm‚ namely the Milling Division and the Consumer Products Division. The transfer price set by the firm actually created some friction between these 2 divisions. Dealing with warehousing‚ shipping‚ billing‚ advertising and other sales promotion efforts for the consumer products and a fraction of the flour produced by the Milling Division‚ the Consumer Products
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the big shift of our understanding of economic growth that has taken place in recent decades‚ exemplified by emergence of terms such as “the knowledge based economy”‚ “the ICT revolution” and “innovation”‚ which although not an entirely new issue – did not get much attention a few decades ago. Particular emphasis is placed on reviewing the new micro-evidence on innovation and the knowledgebased economy that has emerged in recent years. However‚ since extensive micro-evidence on innovation and knowledge-based
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Outsourcing Contents What is Outsourcing? 3 Advantages of Outsourcing 3 Disadvantages of Outsourcing 3 Types of Outsourcing 4 Outsourcing for e-Business 5 Real Companies 6 Conclusion 6 Bibliography / References 7 What is Outsourcing? Outsourcing‚ sometimes called offshoring‚ is the act of a company contracting another company to provide or generate services that could be done by the employees of the company. The main reason to do this is because most of the time is cheaper
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profits of sportswear‚ it is still the question of effective production as well as improvement of sales and operational costs. Artemis Sportswear Company needs to cut operational expenses by changing their marketing strategy. Artemis needs to think‚ decide and act in terms of the final consumer. As a result they will know who their consumers are‚ and what they want and need. Artemis must tailor their offers to the consumer’s needs so they can get to know them and provide them with a worthwhile product
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