entry mode it can cost the company tremendously‚ that is why one should not take this decision based on a few factors. The globalisation has given companies a bigger market opportunities‚ but competing in the global market one also gets involved in the environmental uncertainty‚ such as the economic recession. The competition is also getting harder‚ the mixture of big multinational enterprises‚ the niche specialized businesses and the new copycats pushes companies to be innovate and expand or
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goals and objectives set by the company. Each employee is entitled to a set of rewards should he or she succeeds in reaching the targets that were handed out to them at the beginning of the period of assessment. The rewarding scheme follows traditional methods of pay increases‚ promotions‚ incentives‚ benefits‚ shares‚ additional leave‚ leisurely services‚ transport allowances‚ and improved facilities. This sort of a scheme is standard for all the related companies in the island‚ and there is little
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product for a longer time period. Tiara comes in several different flavours to cater to a wide range of tastes. Company Profile A wholly owned subsidiary of Ceylon Biscuits Limited‚ CBL Foods was established in 2004 for the purpose of extending the capabilities of the parent company. CBL Foods is a consumer products manufacturer specializing in bakery products and confectionery. Company Name : CBL Foods International (Pvt) Ltd Contact Name : Susantha Gunawardene Tel : 94-11-2408005 Fax : 94-11-2408010
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company2.1 Reservation of company name | 44 | 3.0 | Documents required to be lodged to form a company3.1 Memorandum of Association3.2 Article of Association | 555 | 4.0 | Company’s promoters | 6 | 5.0 | Natures of the company5.1 Company as a body corporate5.2 Can sue and being sued5.3 Perpetual succession5.4 Ability to own property5.5 Limited liability for its members | 8910101112 | 6.0 | Types of company6.1 Company limited by shares6.2 Company limited by guarantee6.3 Company limited by both shares
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Joint Stock Company Company A company is an artificial person created by law‚ having a separate legal entity‚ with a perpetual succession and a common seal. It is an association of individuals for the purpose of earning profit. It has a capital divided into a number of shares‚ of which each member possesses one or more shares and which are transferable by its owners. Joint Stock Company has been defined by many eminent authors‚ jurists and institutions. Some of these definitions are
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Insurance Companies in Pakistan I. Public sector 1. National Insurance Corporation http://www.nicl.com.pk/ 2. Pakistan Reinsurance Company Ltd. 3. Postal Life Insurance 4. State Life Insurance Corporation Ltd. II. Private sector a) Incorporated in Pakistan 1. Adamjee Insurance Company Ltd. 2. Agro General Insurance Company Ltd. 3. Allianz EFU Health Insurance Company Ltd. 4. Alpha Insurance Company Ltd. 5. Amercian Life Insurance Company Ltd. 6. Asia Insurance Company Ltd. 7
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will be able to: 1. Explain the concept of the corporation 2. Outline the development of company law in England and Australia 3. List the various types of corporation 4. Describe the Corporations Law scheme. 5. Outline the recent reform of company law in Australia 6. Explain the need for the introduction of the Corporations Act 2001 Chapter 1 Historical Development of Company Law Chapter Summary 1 THE CONCEPT OF THE CORPORATION A corporation is a body created by
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Winding up of Company: Winding up of a company is the process whereby its life is ended and its property administered for the benefit of its creditors and members. An administrator called a liquidator‚ is appointed and he takes control of the company‚ collects its debts and finally distributes any surplus among the members in accordance with their rights. Kind of Companies can be wound up: Only a limited company can be wound-up. The term "winding-up" (or "wound-up") bears a similar meaning of
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1. Frank is director of technology in an MNE in which most of the R&D activities are performed in the parent company’s home country‚ but then‚ foreign subsidiaries are responsible for introducing the resulting innovations to their local customers. The innovation process adopted by Frank’s MNE is: a. globally linked. b. local-for-local. c. center-for-global. d. locally leveraged. C 2. With responsibility for his company’s largely centralized R&D activities‚ Frank worries that the center
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limited company or a PLC. A public limited company always tends to be a larger type of company. This is generally a good thing. In a large company it is almost always more stable. The most important advantage of having a large company is more specialized workforce. For example‚ in a small company people tend to multitask rather than be specialized. For example‚ in a restaurant‚ a small company may order the staff to be the cashier and serve the food. On the other hand‚ in a large company can afford
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