QUESTION 1 a. Define a promoter of a company. Explain and illustrate with decided cases his legal position in relation to a company. Though the certificate of incorporation is conclusive for purposes of incorporation‚ using decided cases‚ outline circumstances under which it could be withdrawn.(10marks) ANSWER Definition; A promoter is one who undertakes to form a company with reference to a given project and to set it going and who takes the necessary step to accomplish that purpose - A promoter
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Assignment Questions: 1. How can multinational companies (MNCs) such Gap and Levi Strauss have positive and negative effects on the host countries in which they operate? List the possible associated benefits and concerns of their presence. (5 Marks) Chapter 4 and 5: A multinational company or corporation (MNC) is an organization that has business operations in different countries. MNCs get involved in global activities to take advantage of business opportunities in several geographic areas and
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Essay to explain a typical shift‚ of a support worker‚ within a Social Service Residential facility‚ for people with a learning/physical disability. My job as support worker is based within a residential unit for eleven service users. It involves working day shifts on a fortnightly rotating rota. Before entering the unit‚ we have a code that we have to enter to allow us entry to the building. This code unlocks the front door‚ and is for safety and security of staff and residents‚ and complies
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SUPPLIER RELIABILITY The components of supplier reliability cover both response time and quality. The more often a supplier is unreliable‚ the greater is the tendency for its customers to hold more safety inventory to compensate for supplier incompetence. By changing suppliers or improving existing supplier reliability‚ a business can reduce its safety inventory levels in the knowledge that the supplier can support the business efficiently. The main variables are as follows: • Response time
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Morally: Since rationalism is based on using our mind to make reasonable judgment‚ I think what has happened about the leaking of information about the NSA program of recording information is morally acceptable. As John Locke’s philosophy about “natural law”‚ which included moral equity and nature freedom‚ citizens have the rights to not be watched. What Snowden did was based on a personal point of view that represented the moral aspects of the culture‚ which is freedom. From this‚ I can understand
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Management Report Supplier Relationship Management Introduction: The key objective for organizations in today ’s cutthroat environment and competitive era is to drive sales and increase margins. To achieve its goals by increasing sales thereby doing an increment in their margins‚ companies have paid a great deal of attention to the customer side of their businesses thus leading to the evolution of customer relationship management (CRM) that increases companies abilities to understand the
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Should tobacco companies be held responsible for smoking-related illnesses and deaths? I. Introduction A. Should tobacco companies be held responsible for smoking related illnesses? In most cases I believe they should be held liable. Most Americans ask this question and want to know about cigarette companies and why they are allowed to keep selling these products that cause health problems. B. Most people that were smokers way back in the days before they actually had to label their
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LA- Who is a better speaker? Old Major or Squealer? Explain your answer. I think that Old Major is a better speaker than Squealer. A good speaker is someone who speaks fluently‚ someone who can convince others that what he says is right‚ and someone who is able to convey his message clearly to others. Old Major has fulfilled all these aspects and also speaks truthfully. On the other hand‚ Squealer speaks in order to instill fear in the animals’ hearts and thus fear Napoleon‚ hence submitting to
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to the cashier’s counter to pay for the VCD. The cashier informs her that the actual price of the item was RM45‚ not RM15. Mary instead that Maidon Bhd had to sell the VCD to her at RM15 as there was a contract between them. Advise both parties. Answer: Issue 1) Whether there is contract between Mary and Maidon Bhd. Principle To identify whether there is a contract in this cases‚ first of all‚ we need to looked at is whether there is an agreement between Mary and Maidon Bhd. Agreement should
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latest issues and/or repurchases of equity and/or debt of YOUR Company. a. Explain how owner’s equity could be affected by the choice of equity or liabilities. Use some ratios to illustrate. 1. The dividend payout ratio is 23.7 %( 159/671). Dividend payment can vary from different companies. For growing companies‚ they tend to reinvest using their equities so the dividend payment may be very low or even zero‚ but Beiersdorf is a mature company‚ so it has a high dividend payout ratio. Nevertheless
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