COMSATS Institute of Information Technology‚ Sahiwal Internship Report on [pic] Renala Khurad‚ District Okara‚ Pakistan Submitted to: Dr. Nadeem Akhtar (Assistant Professor) Submitted by: Abeer Zohra MBA-SP09-031 (B4) Submitted on: September 3‚ 2010 CIIT Sahiwal COMSATS Road‚ Off GT Road‚ Sahiwal Phone: 92-040-4016302 Email: info@ciitsahiwal.edu.pk Website: www.ciitsahiwal.edu.pk [pic] In the Name Of Allah‚ The Most Gracious‚ The Most Merciful. اقْرَأْ بِاسْمِ رَبِّكَ الَّذِى خَلَقَ
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corporation’s unit of division Limited Liability: Feature that enables a corporation to raise more money than proprietorships and partnerships. One of the chief advantages of a corporation. Feature that sets the maximum amount of financial loss by a stockholder to the cost of the investment. Limited Liability Company: Entity where the business‚ and not the proprietor‚ is liable for the company’s debts. Type of entity that is designed to limit personal liability exposure. Cost Principle:
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Mini-Assignment #1 – Case: McCain Foods Limited Using the case titled ’McCain Foods Limited: Global Fries—Good in Any Language’ on pages 100-101 in your text‚ please answer the following questions: 1. If you were in charge of the Asian operations for McCain‚ how would you recommend the company overcome the challenges in the Chinese market? 2. Drawing from Hofstede’s work on global cultures‚ what challenges might Canadian managers at McCain face when interacting with their Chinese business
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FOR PARTNERSHIPS AND LIMITED LIABILITY COMPANIES DISCUSSION QUESTIONS 1. a. Proprietorship: Ease of formation and nontaxable entity. b. Partnership: Expanded owner expertise and capital‚ nontaxable entity‚ and moderate complexity of formation. c. Limited liability company: Limited liability to owners‚ expanded access to capital‚ nontaxable entity‚ and moderate complexity of formation. 2. The disadvantages of a partnership are that its life is limited‚ each partner has unlimited
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(a) “Nemawashi” is an agricultural metaphor. The idea is that before a farmer plants a seed‚ he should prepare the roots and the soil‚ so that the seed has the best chance of survival. It is a political process by which an unofficial understanding is reached before a final decision is made on a particular matter. “Nemawashi” is Bottom-up style decision making (middle management has the greatest influence on decision making). The Japanese are primarily concerned with harmoniously working out problems
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| |Article 1.- Scope of regulation | |This Law provides for the establishment‚ management organization and operation of limited liability companies‚ joint-stock companies‚ | |partnerships and private enterprises (hereinafter referred collectively to as enterprises) of all economic sectors; and groups of companies.| |Article 2.- Subjects of application
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Manufacturers Limited and also as Public Limited Company. This Company also obtained listing with Dhaka Stock Exchange on 28 December‚ 1976 and its first trading of shares took place on 9 March‚ 1994. Later on 5 May‚ 1992‚ ICI plc divested 70% of its shareholding to local management. Subsequently the company was registered in the name of Advanced Chemical Industries Limited. Listing with Chittagong Stock Exchange was made on 22 October 1995. Advanced Chemical Industries (ACI) Limited is one of the
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the highest level of significance. Therefore‚ product liability is known as an issue which can jeopardize whole the business. There are many cases about companies who went bankrupt due to small potential liability issues which in normal circumstances nobody noticed and considered them as a factor. That is why only experienced and veteran attorneys handle product liability concerns and that is the reason why a company must consider product liability as one of its potential risks with high level of consequences
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4: OCCUPIER’S LIABILITY Occupier’s liability forms part of the liability arising from the occupation of premises. It is therefore related to nuisance‚ Rylands v Fletcher‚ breach of statutory duty and basic negligence. Occupier’s liability covers liability for damage (usually personal injury) which occurs to entrants on to the premises of the defendant. In the Commonwealth Caribbean‚ Barbados and Jamaica have enacted statutes substantially similar to the English Occupiers Liability Act 1957. Barbados:
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To: Senior Attorney From: Paralegal Re: Vicarious Liability John Stokely is responsible for injuring the motorcyclist while driving a vehicle from AAA Auto Dealers. Employers are vicariously liable under the respondeat superior doctrine. In the respondeat superior doctrine‚ in most cases‚ an employer is responsible for the actions of employees performed within the scope of employment. John Stokely used the company’s vehicle for personal reasons‚ regardless of what they were‚ and negligently
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