“Scope of Business Organization” Section A Mr. Akram is working as Management Training Officer Grade II in Habib Bank Limited. He has joined the bank two months ago against a contract of 5 years. The terms of this contract states that if he resigns from this post before 5 years then he is required to refund a sum of Rs. 500‚000 and all the training fees. His father Ansar Ali is running an auto workshop from the last 40 years. One day his father faces an accident and dies. Being the only son of
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Technology (IT)?Information technology is one of the very advancing and in-demand technologies of this era. Ever since this technology has emerged‚ it has heavily dominated many organizations and firms providing them with efficient way of work. Before indulging into the depth of this technology with respect to organizations‚ it is first important to get a brief idea about what information technology really is. Information technology basically involves all the things that are related to the technology
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Business Organization Research Notes Sole proprietors must also pay self-employment (SE) tax‚ a Social Security & Medicaire tax primarily for individuals who work for themselves. SE tax is figured using Schedule SE (Form 1040). Social Security & Medicaire taxes of most wage earners are figured by their employers. The SE tax rate is currently 15.3%. The rate currently consists of two (2) parts: 12.4% for Social Security (old-age survivors and disability insurance) and 2.9% for Medicaire
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use Monetery and Fiscal Policies to Benefit the Economy? Our governments roll in the American economy extends far beyond its activities as a regulator of specific industries. The government also manages the overall pace of economic activity‚ seeking to maintain high levels of employment and stable prices. The government has two main tools for achieving these objectives: fiscal policies‚ through which it determines the appropriate level of taxes and spending; and monetary policies‚ through which it
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Miguel Flores Checkpoint: Business Organization A sole proprietorship is a business that is owned by one person only. That one person is the sole owner and makes all decisions on their own. Most sole proprietorships are small business likes restaurants‚ markets‚ and liquor stores. The owner must have knowledgeable business experience or else his business will not be profitable. Most of this shops end up closing up after a couple of years because the sole owner must take in all the losses
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Does culture impact on entrepreneural activity? The influence of national culture on entrepreneurship is of considerable theoretical and practical value ‘Culture is the collective programming of the mind which distinguishes one group of people from another’ Hofstede (1980) Culture is always a collective pheniomenion‚ becauce it is derived from one’s social environment and partly shared with people who live or lived within the same social environment‚ which is where it is learned. Culture indeed
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Analyse the impact of macroeconomic policy on economic growth in Australia since 2008. In your response you should refer to the economic information provided. "It was always easy to predict that fiscal policy would come back into fashion just as soon as the economy dipped into recession. The politician who could resist the temptation to use the budget to stimulate the economy during recession has yet to be born. But there were two other‚ more economic arguments favouring greater reliance on
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Free Market Activity worldwide: Cause of Declining Living Standard in US? Does an increase in free market activity worldwide lead to an overall lower standard of living in the United States? NO. An increase in free market activity worldwide doesn’t lead to an overall lower standard of living in the United States. One concern has been frequently voiced by the opponents of free market or globalization is that falling international trade barriers destroy manufacturing jobs in wealthy advanced economies
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CHAPTER ONE 1.0 INTRODUCTION Federalism as it were‚ originated during the colonial epoch beginning with the amalgamation of the Northern and Southern Protectorates in 1914. It was introduced into Nigeria precisely by the 1946 Richardson constitution. The constitution introduced regionalism into Nigeria for the first time‚ establishing regional assemblies in addition to the already existing central legislature. However‚ the regional houses remained only as deliberative and advisory bodies having
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IMPACT OF GOVERNMENT POLICY ON ECONOMY A. INTRODUCTION Generally‚ policies and strategies of Nigerian government towards development are shaped by two principal objectives of desire for economic independence and the demand for economic development. Multi national corporations are expected to bring into Nigeria‚ foreign capital in the form of technical skills‚ entrepreneurship‚ technology and investment fund to boost economic activities thereby‚ rising the standard of living of Nigerian. This can
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