The limited liability partnership; A hybrid of two different forms of business organizations – the partnership and the company. The Limited Liability Partnership (LLP) was introduced as a new business entity in Singapore in 2005. Its definition under S14 of the Limited Liability Partnership Act (LLPA) shares a resemblance to S1 of the Partnership Act (PA): it comprises of two or more persons carrying on a lawful business in view of profit upon registration with the Accounting and Corporate Regulatory
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1. About non-profits: Briefly describe what type of organization qualifies as a “non-profit” or community benefit organization. An organization that will qualifies as a non-profit organization would be an organization serving homeless individuals with healthcare‚ meals‚ shelter and social services. An example of a non-profit organization in Fresno‚ CA is the Poverello House which offers all the services said above. How does society benefit from having a healthy community of CBO’s? Society
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Comparative Study of Two Business Leader “Your most unhappy customers are your greatest source of learning – Bill Gates” Introduction For the comparative Study of two business leaders‚ I am taking Bill Gates and Steve jobs as the leaders from the Information Technology Industry who had revolutionized the Information Technology world with their great thinking and innovation. As far as their education is concerned they both don’t have a good record‚ they both were the dropouts. As I am doing
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Business Organization - Week 2 Amanda Ward BUS210 08/22/2013 Kathy Willis Business Organization - Week 2 Describe a business scenario‚ or multiple business scenarios‚ either real or fictional‚ that depict(s) each of the following forms of business organization: Joint –stock company Limited liability company Partnership Sole proprietorship A joint-stock company sells off stock certificates of ownership to investors in order to raise capital. Triad Financial‚ now known as Santander
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Legal Issues for Business Organizations – LIT1 Task 1 Legal Issues for Business Organizations – LIT1 Task 1 – Part A The way a business is organized is an important part of the business’s structure. “Different organizations provide different advantages and disadvantages in creation cost and simplicity‚ ongoing maintenance requirements‚ dissolution and continuity‚ fundraising‚ managerial control‚ public ownership‚ tax planning‚ and limited liability.” The nature of the business being conducted
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ABSTRACT In this essay‚ I am going to prove that a business organization should be socially responsible in a successful or an effective manner which will eventually benefit the company’s owners or shareholders. I will do so through illustrating the different potential effects of a business organization engaging in Corporate Social Responsibility (“CSR”). The effects that will be shown in this essay would be an increase and decrease in the company’s expenses‚ sustaining and harming the environment
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three basic legal forms of business organizations: the sole proprietorship‚ the partnership‚ and the corporation. Each form of legal organizations has unique characteristics that are important to consider when starting a business. The legal form chosen will make significant differences for things such as ownership‚ sources of financing‚ personal and financial risk‚ taxes‚ workload‚ buying or selling a business‚ and liability issues. A sole proprietorship is a business owned by a single individual
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Organization Studies http://oss.sagepub.com/ Social Remembering and Organizational Memory Michael Rowlinson‚ Charles Booth‚ Peter Clark‚ Agnes Delahaye and Stephen Procter Organization Studies 2010 31: 69 originally published online 12 November 2009 DOI: 10.1177/0170840609347056 The online version of this article can be found at: http://oss.sagepub.com/content/31/1/69 Published by: http://www.sagepublications.com On behalf of: European Group for Organizational Studies Additional
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Two articles on international business relationship The economic resource in the world is limited; however‚ the demand for the people is unlimited. The people have to make economic decisions in order to allocate the resource in the world efficiently to maximize their needs. In order to use the economic resource effectively‚ people are required to increase the productivity to reach the desire in the society. In the view point of international business‚ a better resource allocation is carried out
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Organization Early in human existence people learned that their individual efforts often fell short of success. They found that they were unable to accomplish many tasks that require more than individual effort. Therefore the necessity of group activity was discovered relatively early in human existence. Group activity could be aimed at some higher‚ more complex set of goals and could thus bring greater benefits to all concerned. This quality of group activity must be counted as one of the chief
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