export-oriented economy. The Garment industry also became the major foreign currency-earning sector with highest rates of absorption of industrial employment. Bextex Ltd.was incorporated in Bangladesh as a Public Limited Company with limited liability on 8 March 1994 and commenced commercial operation in 1995. This company applying porter Diamond theory to established their business. This analysis is the most important factor of porter diamond. These are Factor conditions‚ Demand conditions‚ Related and supporting
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Unit 1 Business Purposes BTEC Level 2 First Business Assessment Resource Pack Sample learner work and assessor comments Commentary for tutors Sample learner work and assessor comments follow for the assignment A1 Local businesses and industry sectors (P1‚ P2‚ P3‚ M1‚ M2). This unit of work introduces learners to the world of business. All of the target assessment and grading criteria for this assignment have been met (P1‚ P2‚ P3‚ M1‚ M2). This assignment is one of three assignments. The other
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recognized public authority. Private Limited Company Registering as a Private Limited Company is one of the preferred routes to become a Flipkart registered seller because it covers liability protection to promoters. Private Limited Company is an opted choice for partners and investors. In order to register as a Private Limited Company‚ the firm has to mandatorily provide the Memorandum of Association‚ the company PAN card and a copy of the certificate of incorporation of the Private Limited Company
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An investigative study on the business ownership: in particular‚ John Chea #1 & #8 as a private limited company. A research paper presented in partial fulfillment of the requirement for the course BGCSE Commerce. Candidate Name: Chymia Johnson School Name: St. Andrews School Date Submitted: 29th August‚ 2013 Table of contents Title Page Introduction
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organisations. Tesco The purpose of Tesco is to make a profit and provide a service and sell their products to the customers. Tesco’s is a public limited company. A public limited company is when shares are bought publicly and you will not have to be invited to purchases. Since people purchase Tesco’s merchandise publicly they are classed as a public limited company. Tesco is in the tertiary sector in business. The tertiary sector is when a business provides a service to individuals or businesses. As
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Salomon was the first principle case of its kind and its principle was that a limited company is a separate legal entity‚ in catherine lee v lee this case was reaffirmed‚ and Gilford Motors v Horne was the first law case to ‘pierce the corporate veil’. WHAT IS THE PRINCIPLE OF separate CORPORATE PERSONALITY? There are 3 types of ownership generally speaking in the law context. There are sole traders‚ partnerships and companies. Sole traders are the sole owners to a business entity in which there is
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Date: Friday 26th September 2014 Submission Date: Tuesday 30th September 2014 Unit 2: The Business of Travel and Tourism 2.1: The travel and tourism business environment The Public Sector The public sector consists of regulatory bodies‚ conservation groups and public sector organisation which are funded by local‚ regional and central government‚ . A good example of a localy funded organisation would be Dover ’s local tourist information centre‚ controlled and funded by Dover District
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Task 1 Describe the type of business‚ purpose and ownership of 2 contrasting types of businesses. Sole Trader A sole trader is a business owned by 1 person. It does not have limited liability meaning that if it fails and creates debts the owner is personally responsible for this. Sole trader’s usually have to work long hours and learn about all the aspects of business as many start up businesses cannot afford to hire people to take on other tasks. The owner is responsible for everything that goes
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the sole trader works‚ the more successful the business becomes‚ more can be earned Privacy Only the Inland Revenue & Customs and Excise need to know about the finances of a sole trader Don’t have to publish information which could be seen by the public or by rivals Disadvantages of Sole Trader Unlimited Liability If the business does very badly and has lots of debts‚ as a sole trader you must pay off these debts even if it means selling all your possessions‚ like a car Lack of continuity The sole
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sunglasses. River Island was set up and it is owned by the Lewis family. Range of different businesses Public‚ private‚ not-for-profit businesses Public sector businesses are those that are run by the government. Public sector businesses are less likely to take risks‚ because they operate for the good of the people rather than just to make a profit. City of Westminster College is in public sector‚ as it is owned by the government. Its objectives and
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