responsible for? Please describe your position. XXX is a Canadian company based in Kingston Ontario founded with the singular vision of providing sensible‚ clean‚ safe and sustainable energy solution at an affordable rate for socioeconomic development. One of the strategic goals of the organization was to establish a niche in different global regions specifically in West Africa and North America. In 2010‚ the company created a US subsidiary to explore the renewable energy US market. I was
Premium Renewable energy Management Types of companies
do not think that Sonic wouldn’t have grown as large as they are now if they would have remained a proprietorship. When Troy Smith first started the company back in 1954 is stayed the same for 2 years. In 1956 when Troy Smith brought a partner into the business it began to grow. The company stayed the same for 2 years. I do not think that the company would have grown unless Troy Smith brought a partner a partner into the business‚ based on the information that is given. Some disadvantages to owning
Premium Corporation Business law Types of companies
History and development * Size of the unit * Munufacturing process * Organization structure * Time keeping system * Employer service HISTORY AND DEVLOPMENT We know that all companies has its own history and devlopment. History is needed in every companies establishment. The best agro foods pvt. Ltd. was established by mr. Hiren vasani in rajkot india in1995. Just before 10 yrs. newly in-corporated venture best agro is bussiness with an objective of profit
Premium Limited company Recruitment Types of companies
examples as we all have experience with them on a regular basis. The Joint-stock company‚ In this model we need to raise money to open or run our restaurant we want to make up for the funds we are short in. In exchange for some of the profits we sell a small portion of the company in the form of stock certificates‚ that make the stock owners liable for the business in exchange for a portion of the profits of the company. The issue with this is the risk for investors as even they may be liable if the
Premium Stock Corporation Limited liability
1 Part A Sole Proprietorship A sole proprietorship is a form of business that is owned by a single individual. • Liability – Due to the lack of legal distinction between the owner and the business‚ the owner is fully responsible and liable for all debts that the business incurs in the same manner that an individual is fully responsible and liable for all debts that they incur. There is no legal distinction between the assets of the owner of the sole proprietorship and the business; this
Premium Corporation Types of companies Corporate tax
CHAPTER 1 AN OVERVIEW OF FINANCIAL MANAGEMENT Forms of business organization Answer: c [i]. Which of the following could explain why a business might choose to organize as a corporation rather than as a sole proprietorship or a partnership? a. Corporations generally face fewer regulations. b. Corporations generally face lower taxes. c. Corporations generally find it easier to raise capital. d. Corporations enjoy unlimited liability. e. Statements
Premium Business law Corporation Sole proprietorship
In the matter of Re MOLOPO ENERGY LTD; MOLOPO ENERGY LTD v KEYBRIDGE CAPITAL LTD‚ an analysis into the division of powers between the members of a company and its board of directors was completed as well as the protection of interests of a company’s creditors. This case touched on these two issues in the context of reduction of capital under section 256B of the Corporations Act (2001). The Facts In this case‚ the Supreme Court of New South Wales found that the power to effect a capital reduction
Premium Corporation Stock Stock market
set of assets that are producing a known revenue and profit stream. On the other hand‚ the big advantage of establishing a Greenfield venture in a foreign country is that it gives the firm a much greater ability to build the kind of subsidiary company that it wants. For example‚ it is much easier to build an organization culture from scratch than it is to change the culture of an acquired unit. 2. Why do you think that GE has come to prefer joint ventures in recent years? Do you think that the
Premium Subsidiary Mergers and acquisitions Corporation
Amy’s Ice Cream‚ based in Austin‚ Texas‚ is a privately held corporation formed in 1984 with 22 family members and friends as shareholders. To achieve success Amy Miller planned her business carefully‚ incorporated with her patners‚ and differentiated her product from competition. In Austin‚ Miller’s nine ice cream shops sell superpremium flavors worth more than $3.9 million each year. Everything in the stores is designed to provide a memorable and fun experience. Amy Miller‚ CEO‚ wants her customer
Premium Public company Finance Privately held company
Shukko in Japanese Companies and Its Economic and Managerial Effects Shiho Futagami* Tomoki Waragai** Thomas Westphal*** * Yokohama National University ** Waseda University *** Wissenschaftszentrum Berlin für Sozialforschung June 1998 ISSN Nr. 0722 - 6748 Forschungsschwerpunkt Marktprozeß und Unternehmensentwicklung Research Area Market Processes and Corporate Development Zitierweise/Citation: Shiho Futagami‚ Tomoki Waragai‚ Thomas Westphal‚ Shukko in Japanese Companies and Its Economic
Premium Parent company Subsidiary Employment