comprises over 100 operating companies in seven business sectors. The group has operations in more than 80 countries across six continents‚ and its companies export products and services to 85 countries. Tata Motors Limited is India’s largest automobile company‚it is a public limited company with consolidated revenues of INR 1‚65‚654 crores in 2011-12. It is the leader in commercial vehicles in each segment‚ and among the top in passenger vehicles with winning products in the compact‚ midsize car
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Contents Section 1: Business in Contemporary Society 4 Section 2: Business Information and ICT 44 Section 3: Decision Making in Business 84 Section 4: Internal Organisation 128 Section 1: Business in Contemporary Society The role of business in society Everyone in our society has ‘wants’. Some wants are for things like food‚ clothing and shelter while others are for entertainment‚ leisure‚ travel and so on. Taking everybody in society together‚ there are millions of wants
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COMPANY PROFILE Barak Valley Cements Limited was incorporated as a Public Limited Company in the year 1999‚ under the Companies Act‚ 1956. The Company was promoted by Mr. Prahlad Rai Chamaria‚ Mr. Bijay Kumar Garodia and Mr. Santosh Kumar Bajaj. The promoters of the company are born and brought up in the North East Region. All the promoters of the Company are well known and reputed businessmen in North East and are having a vast experience in different segments like plywood‚ Timber‚ Cement
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business contexts (www.zhulian.com). Zhulian was started in Malaysia on 2nd January 1997 following the compliances of Companies Act‚ 1995. It was started as a private limited company known as Zhulian Corporation Sdn Bhd. Seven years after the formation of Zhulian Corporation Sdn Bhd‚ the company changes into a public limited company and the original name was accepted. Zhulian Corporation Berhad (ZCB) was initially listed on the Main Board of Bursa Malaysia Securities Berhad on 27th April
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the eyes of law.” The system of joint stock organization is very useful for large undertakings for which large capital is required. It is an incorporated association created by law‚ having distinctive name‚ a common seal‚ perpetual succession‚ limited liability etc. formed to carry on business for profit. Characteristics of Joint Stock Company The most distinguishing characteristics of a joint stock company can be stated as follows – 1. Incorporated association : A company is an
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businesses individually and taking into account which type of business it is and its objectives. There are two main types of a limited company; A public limited company‚ (PLC) is normally a big‚ well-known business. This could be a business who manufactures or a chain of retailers with links in the majority of city centres. Shares trade on the stock exchange. A private limited company‚ (LTD) is normally a quite small business such as a self-reliant retailer in a small town. Shares do not trade on the
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Bank Limited. This is to illustrate the mission‚ vision and stakeholders and how the stakeholders affect the organisation. The company chosen is Republic Bank Limited. Republic Bank Limited (RBL) is a large organisation. It consists of thirty nine (39) branches within Trinidad and Tobago. They also have subsidiaries such as Barbados National Bank Inc‚ Republic Bank (Guyana) Limited‚ London Street Project Company Limited‚ Republic Bank (Grenada) Limited‚ Republic
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the private sector as a public limited company as there business is to make a profit. Tesco’s industrial sector is tertiary as it sells on their products to their clients and they provide a service. Tesco has a public limited company ownership‚ as it’s a large privately run business. The key features of having a public limited company ownership is that they are able to trade on the stock market. Tesco’s type of liability is unlimited as businesses in the public limited company ownerships usually have
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business owned by a single individual is called a: A. B. C. D. E. corporation. sole proprietorship. general partnership. limited partnership. limited liability company. 7. A business formed by two or more individuals who each have unlimited liability for business debts is called a: A. B. C. D. E. corporation. sole proprietorship. general partnership. limited partnership. limited liability company. 8. The division of profits and losses among the members of a partnership is formalized in the: A. B
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types of partnerships are general partnership‚ limited partnership and Joint venture. General Partnership is a partnership in which all the partners share equal responsibilities and liabilities in the partnership firm/company. The main characteristic of general partnership is the unlimited liability of the partners. Each partner is personally liable for the debts of the partnership ‚ as well as all the contracts entered into by other partners Limited partnership similar to general partnership‚ but
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