organisation. For these two organisations I am going to describe the type of business activity‚ describe the business purpose of each organisation‚ describe the main differences in type of ownership between the two organisations‚ describe the owners’ liability for debts‚ access and research the rationale of the strategic aims and objectives of your contrasting organisations and clearly set out what different types of organisations are seeking to achieve (aims and objectives). Tesco Tesco is a supermarket
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formal structure because the decisions are taken in the high levels; however‚ managers often do not have all the information and connection from the lower levels because they do not communicate. Current Situation: * many vertical linkages‚ limited communication between departments * five managers with weak cooperation * insufficient task distribution and quality control * the structure does not satisfy the demand and company’s goals The structure of S&C has few levels of management
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Savage‚ 2009 p. 729). If one partner incurs all of the debt‚ they can then sue the other partners for their parts of the debt. Within a Limited Liability Partnership these three items would differ from the general partnership. 1. Limited partners do not play an active role in the business 2. Limited partners are not personally liable 3. Limited partners face slightly different tax rules (NOLO) BB is not a formalized company under the laws of corporation and taxation‚ so in turn
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Wedding Extravaganza is a business founded on making the wedding planning experience easy and exciting for the bride. We serve the bride‚ groom‚ their families‚ and the wedding party. Our facility contains eleven departments that specialize in the following areas: weddings‚ honeymoons‚ receptions‚ anniversary consultations‚ budget planning‚ invitations‚ answers to etiquette questions‚ florists‚ hair stylists/make-up artists‚ entertainers‚ musicians‚ bridal dresses‚ tuxes‚ catering‚ photography/videographer
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profit. B) Classification of enterprise VN law: _Based on legal forms: + Limited liability company with more than one member + Sole member limited company + Shareholding company + Partnership + Sole proprietorship + State – owned enterprise + Cooperative + Foreign invested company _ Based on liability + Unlimited liability companies ( Sole proprietorship and Partnership ) + Limited companies: limited liability‚ shareholding companies‚ state-owned enterprise‚ cooperatives‚ joint-rentures
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Memorandum of associatation of Golden Flowers Service Center A Limited Liability Company This Memorandum is entered onto the 20-09-2009‚ and agreed between: 1- Mr. Khalid Abdul Rahman‚ A UAE national holder of UAEU ID No: 200816874 ( Hereinafter referred to as “ First party”) 2- Mr.Musthfa boobcker ‚ a India National holder if UAEU ID no: 200734872 (Hereafter to as “ second party”) 3- Mr.Mahrouf Abdul Kareem‚ A Nigeria National holder of UAEU ID no: 200734872 Whereas: A group shall be
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debts of the business. Incorporating protects your personal assets from lawsuits‚ debt collection and other business issues that can arise. The stand-alone entity also separates tax liabilities‚ which is another advantage. This means that the corporation’s taxes are separate from your personal tax liabilities. As a business owner‚ you are responsible for paying taxes only on the money the corporation pays you in the form of a salary‚ commission or dividends--this is on your personal tax
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Chaudhary Group is the largest privately-held conglomerate company with over 40 Companies under its umbrella‚ today it commands an investment outlay of over US$250 million‚ touching the life of million Nepalese every day. It was incorporated with limited liability Company under the Nepal Companies Act‚ 1936. The Company’s Corporate is located at Chaudhary Towers‚ Jhamsikhel‚ Kathmandu‚ Nepal. The manufacturing unit lies on Chaudhary
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sell them to two main groups; artifact collectors and gift buyers. They currently do not have a full line of replicas due to the fact that they are a ‘specialty’ store. II. Organizational Analysis Business: Fe’nix del Sur‚ LLC is a limited liability company that sources and sells South American and African artifacts. They are one of the most respected sources of artifacts for collectors. New Business: Fe’nix del Sur‚ LLC has a full line of replicas they sell to gift buyers. They have
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NATIONAL OPEN UNIVERSITY OF NIGERIA SCHOOL OF MANAGEMENT SCIENCES COURSE CODE: BHM 725 COURSE TITLE: INTRODUCTION TO BUSINESS COURSE DEVELOPMENT BHM 725 INTRODUCTION TO BUSINESS COURSE GUIDE Course Developer/ Writer S. O. Israel-Cookey National Open University of Nigeria Lagos. Course Editor Programme Leader Dr. O. J. Onwe National Open University of Nigeria Lagos. Course Coordinator Mrs. Ihuoma Efughi National Open University of Nigeria Lagos. NATIONAL OPEN UNIVERSITY OF NIGERIA
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