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DATE : 5TH JULY 2008 SUBJECT: FEW METHOD OR TECHNIQUE IN THE MANAGEMENT ACCOUNING CAN BE USE TO SOLVE THE MAJOR CRISIS FACING IN THIS COMPANY. Nature of the company’s business Rank Strategy Sdn Bhd (RSSB) was incorporated in Malaysia as a private limited company on (30th September 1996) under the Companies Act‚ 1965. The company’s principal activities are interior design‚ construction works and manufacturing base for future expansions. RSSB specialized in Decoration
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is unalterable. A company may amend only the clauses that the Act prescribes for inclusion in the memorandum. Thus‚ it is permissible to change the company name‚ to convert from an unlimited company to a limited company and vice versa‚ to alter the objects clauses‚ to alter the share capital and to reduce the share capital. For instance‚ if it is provided in the memorandum of association that X shall be Managing Director for life‚ there is no way short of reconstructing the company to delete or amend
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Letter of Transmittal Date- October 20‚ 2010 Hamidul Islam Faculty of Marketing Department American International University Bangladesh Dear Sir‚ It gives us immense pleasure to submit a report on “Partex Group”. This report is submitted as a partial fulfillment/ as a part of our course “Principles of Marketing” that was conducted on “Partex Group”. The preparation of the report has given us and insightful experience and in-depth knowledge on “Partex Group” in Bangladesh. We have given our
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This corporation began in Basque Spain in 1956‚ with its purpose clearly stated from the beginning: to create jobs for the five young founders and to help their rural community survive. Community survival and job creation are Mondragon’s explicit public purpose. Over the last sixty years this business corporation has grown exponentially from five workers to over 100‚000. From its early years‚ this corporation adopted most of the methods of the most successful business corporations‚ modeling leaders
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Caters mostly to the housing sector. automobile sector ASIAN PAINTS On February 1st‚ 1942 the company was incorporated as a private limited company under the name of “Asian Oil And Paint Company Ltd.”.In 1965‚ the company changed its name to “Asian Paints (India) Pvt Ltd.”. According to the current figures‚ the company is leading the decorative paint segment with a 38% market share whereas in the industrial paints segment it ranks at the 2nd place with
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Source of fixed and working capital In this business it will need fixed assets in this industry such as oven‚ showcase‚ mixer‚ freezer‚ motor vehicle and machinery and equipment. We will be pooled 50‚000 from friends and family we will also borrow a 100‚000 from a financial institution. The entrepreneur will put 125‚000 savings in the business. The working capital which is or day-day use of liquidity assets in the business‚ we will sell shares to shareholders hoping to receive at least 100‚000 which
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Advantages and Disadvantages of a corporation- Advantages: * Separate legal entity * Limited Liability * Ease of capital generation * Lack of mutual agency * Continuous existence * Centralized authority and responsibility * Professional management Disadvantages: * Government Regulation * Double taxation * Limited Liability * Separation of ownership and control Advantages and Disadvantages of using common stock to finance your business- Advantages:
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National Insurance Company Limited (NICL) is one of the largest and fastest growing general insurance companies in India. The company headquartered Kolkata was established in 1906‚ and nationalized in 1972.[1][2] Contents [hide] * 1 History * 2 Company Profile * 3 Products and services * 3.1 Awards * 4 References | Public-sector undertaking | Industry | Insurance | Founded | 1906 | Headquarters | Kolkata‚ India | Area served | South Asia | Total assets | INR 88.67 Billion
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Corporate groups can be defined as a company structure where several companies are interconnected through contract shareholding or as Dine says‚ “By interlocking dictatorships.” In these structure holding companies usually have control and influence over subsidiaries. Limited liability on the other hand‚ is the logical consequence of the existence of a separate legal entity or generally‚ the concept simply means that since the company is different from the shareholders‚ the members are only liable
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