Legal Forms of Business: Week 2 Legal Forms of Business In business‚ the first decision that is made is usually the most difficult. When making business decisions‚ the owner must decide what types of business organization is the best for the company. There are seven forms of business that will be discussed as well as scenarios in which each of these forms of business would be the preferred form. This paper will also justify why the corresponding business form is preferred. The forms
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Chapter one page 29 Q3- What would you recommend to the company if they asked you to advise them in improving their operation? Answer: Existing problems and constrains: 1) Existing conflict between distribution operation‚ and manufacturer operation over effectiveness and accuracy of marketing forecast. This led to affect utilization‚ efficiency‚ and increased scrap. 2) Existing conflict between manufacturer operation and design house. 3) Differences in typology of operation (4v)
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Employees b. Stakeholders c. Competitors d. Vendors 3. When a company has many business operations running out of different centres‚ the plan made by the head office/ headquarter to achieve the organisational vision‚ is known to be _________________. a. Corporate strategy b. Functional strategy c. Business strategy d. Organisational strategy 4. Peter Drucker is known for the modern management thought of _____________. a. Improving quality b. Higher productivity c. Management by objective d. Customer orientation
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Partnership is the relation between the persons who have agreed to share the profits of the business done by all partners or any one of the partners acting for all. The persons who have entered into a partnership with one another are individually called as partners and collectively it is called as a firm. Partnership firm is formed by more than one individual for the purpose of carrying on a business. The partners have some rights and the following are the rights of the partners: 1. Every
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Task 01 1.1 Partnership philosophies and its application in health and social care settings The definition of partnership according to Collins English dictionary‚ 1991 is equal commitment or the state of being a partner. Partnership is additionally characterized as an imparted responsibility‚ where all partners have a privilege and a commitment to take an interest and will be influenced similarly by the profits and burdens emerging from the partnership as characterized via Carnwell‚ R. what’s more
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signing of the report‚ check that new address is mentioned in Form 3CD. | 3 | | Permanent Account Number | : | Verify from the PA Card or any other document. | 4 | | Status | : | Company/Firm/AOP etc. | 5 | | Previous Year Ended | : | 31st March | 6 | | Assessment Year | : | | P A R T – B 7 | (a) | If firm or Association of Persons‚ indicate names of partners/ members and their profit sharing ratios. | : | Verify from thePartnershipDeed/AOP agreement. | | (b) | If there
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CORPORATION VS PARTNERSHIP 1. Creation CORPORATION Created by operation of law; PARTNERSHIP Created by agreement of the parties; 2. Numbers of incorporators CORPORATION Requires at least 5 incorporators; PARTNERSHIP Requires at least 2 partners; 3. Commencement of juridical personality CORPORATION Acquires juridical personality from the date of issuance of the certificate of incorporation by the Securities and Exchange Commission ;PARTNERSHIP Acquires juridical personality form the moment
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Chapter 4: Barriers to Partnership Working HEALTH‚ SOCIAL CARE AND HOUSING PARTNERSHIP WORKING BRIEFING NOTES FOR PRACTITIONERS AND MANAGERS August 2009 Chapter 4 – Barriers to Partnership Working Contents INTRODUCTION........................................................................................................ 3 THE CAUSES AND EFFECTS OF PARTNERSHIP BARRIERS .............................. 3 PEOPLE...................................................................................
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English 100-004 February 14‚ 2014 COMPARATIVE ESSAY ASSIGNMENT Life changes everyday‚ from one generation to another generation. We all have different experiences. The succession of generation happens to everyone‚ my generation and I are not exception. My lifestyle is definitely different with the time of my grandparents back then. The differences are clearly expressing by a lot of forms such as levels of education‚ standards of living‚ family relationships‚ influence of technology‚
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Task A Why is it important for children and young people that you work in partnership with the following people/groups? • Parents‚ carers‚ guardians This partnership is very important because parents or carers need to trust the nursery and staff that work there. They will expect the best quality of care for their child. Partnering well with the parent or carer of the child will increase good communication including sharing important information regarding the child needs‚ wants and development
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