1. Sole trader businesses are the easiest to set up because there is no complex paperwork. The business and the owner are the same person in law. The sole trader does not have limited liability which means that they are responsible for all the debts of the business. The sole trader has to produce an annual accounting return for the Inland Revenue. 2. Partnerships are set up by a Deed of Partnership which is a document made out by the partners and witnessed by a solicitor. This Deed sets out the
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A. 1What are the factors that affect the corn market (i.e. supply curve for corn production and demand curve for corn consumption) ? The corn market can be negatively affected because of the weather and climate have an impact on the supply of the corn. With a bad weather condition‚ like drought‚ the survivability of the corn decreases. The total corn produced the u.s. is facing a large deduce‚ most of the people will be affected. However the corn market can be positively affected. Firstly‚ if
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(Macro Environment Analysis) RUSSIA Agenda • • • • • • Introduction: India – Russia Relations Macro-Economic Indicators Socio-Economic Indicators Doing Business in Russia Economic Environment Trade and Suggestive Approach 2 Introduction: India - Russia Relations • Both are members of international bodies : UN‚ BRICS ‚ G20 & SCO • Russia supports India for the permanent seat on the UNSC • India is the 2nd largest market for the Russian defense industry • Bilateral Trade grew
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objectives of two contrasting organisations. Stakeholders A stakeholder is anyone that is interested in a business‚ whether it is a small business or a big business. Stakeholders are individuals‚ group or organisations that are affected by the action of the business. They include the following: Owners that are interested in how much profit the business makes Managers and employees who are concerned about their wages or their salaries. Customers who want the business to produce quality products
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(ref: Unit 2 Types of Business). Mary Chia Holdings is owned and controlled by just one person although it may have many employees. It is the oldest and most common form of business ownership. Not only that‚ it is also the easiest form of business to start with limited funds whereby the owner‚ Mary Chia‚ registered her business under the Business Registration Act. But‚ there is no legal distinction between her personal property and the assets of the business. In case her business fails‚ her liability
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be simply defined‚ "as a state of unity achieved within a group of people working for a specific economic benefit." It is used to determine the coordination and cooperation of a business venture so as to attain the optimum output of the employees. All around the world we can find various organizations that work in business group having a fixed and well defined set of rules and regulations to ensure teamwork and maintain team spirit in the organization. Looking at the size and vastness of projects
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social factors are impacting upon the business activities of the selected organisations and their stakeholders. Tesco In all the business in the country like Britain‚ they have to have this in mind that there are changes that are taking place in the business environment and to the people who maybe the shareholders. These changes can be the political‚ legal‚ and the social factors with the business environment and the country. Political factors of Tesco as a retail and a large business in Britain
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BUSINESS ENVIRONMENT: ASSIGNEMENT TASK ONE AND TWO ------------------------------------------------- Top of Form Bottom of Form Ask a Question Q&A Articles * SOCIETY * * Ethnicity * Family * Government and Regulatory Bodies * Holidays * Legal * Military * Other * Paranormal * Philanthropy * Philosophy * Politics and Government * Popular Culture * Psychology * Public Safety * Relationships * Religion and Spirituality
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years‚ Big C has 14 supercenters in Vietnam. This report will analyze Central Vietnam’s FMCG market and report the implications of your study to Big C. Furthermore‚ it also encompasses the political‚ ecological‚ economic‚ legal and socio-cultural environment of Central Vietnam. Mission‚ objectives and responsibilities and assess the influence of stakeholders Mission‚ values and objectives of selected organization and assess the influence of stakeholders. Enjoying the retail market share in Vietnam
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Micro Environment; It means the internal environment of the company and it is also called small environmental forces which directly or indirectly affected the company. It has some forces which are discussed below Company; Cadbury dairy milk is a company which manufactures the products like chocolate. There are different departments in the company who collectively responsible to make the products. Suppliers; Suppliers are those persons who provide the raw material to the company like cocoa
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