Sole trader – Definition: A sole trader is a company started and run by one individual A sole trader - also known as a sole proprietorship or simply proprietorship - is a type of business entity which is owned and run by one individual and where there is no legal distinction between the owner and the business. Sole trading is widespread- A very large proportion of business conducted in the UK is undertaken by the trader working on his own usually providing his own money (capital) to start
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Business Structures Ruth Whitehead FIN/571 February 23‚ 2015 Oscar Lewis Business Structures Three types of business structures exist; Partnership‚ Sole Proprietorship‚ and Corporation. Essential deliberations are dimensions of the commercial‚ the method in which revenue from the trade is a tax‚ the lawful obligation of the proprietors‚ and the capability to obtain monies to fund the business. Few businesses start-up as a large capacity organization. All business structures have advantages and
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Capital Structure In finance‚ the term “capital structure” refers to the way a firm finances its assets. Generally speaking‚ there are two main forms of capital structure: debt financing and equity financing (Cumming 52; Myers‚ 83). Each type has its own advantages and disadvantages‚ and an essential task for the successful manager of a firm is to find an optimal capital structure in terms of risk and reward for stockholders. When making decisions that affect capital structure‚ managers must be
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TYPE OF UNEMPLOYMENT There are four type of unemployment that are: 1. Frictional unemployment This type of unemployment is temporary. There are three main groups that belong in this type of unemployment. i. People who look for a job for the first time such as fresh graduate and school leaver. ii. Re-entrants or people who quit their job to rest but want to work again. For example‚ a house wife who quit her job to raise her children and rejoin the labour force again when the children are all
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take into consideration the individuals personality types. Determining the students personality can help prevent things like writers block when it comes to writing a paper or article. Once the individuals personality type is determined then steps can be made to individualize writing instruction. Many ideas on how to identify different learning styles have already been introduced in classrooms. One being Jung ’s Theory of Psychological Types. C. G. Jung ’s system humanistically appreciates differences
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Types of Societies A society is made up of people living within defined territorial boarders who share a common culture. A society is independent of outsiders; it contains many smaller social structures that are needed to meet the needs of its members. Some of the social structures include family‚ economy and religion. Societies meet their members’ basic needs‚ such as the needs for food and shelter‚ in different ways. Anthropologists used these differences to form the basis of a system
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A matrix structure is superior to a functional and a divisional structure. Please‚ comment on this statement. In your answer‚ pay special attention to advantages and disadvantages of each structure and discuss them systematically. "If the body be feeble‚ the mind will not be strong" (Thomas Jefferson‚ 1786). If the foundation something is built upon is weak‚ the whole object will be adversely affected. Likewise‚ in an abstract manner‚ it is with any kind of model or structure. Looking at it from
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A NEW KIND OF STRUCTURE CASE STUDY Question 1: Describe and evaluate what Pfizer is doing? Pfizer is the world’s largest research -based pharmaceuticals firm and also a well-known pharmaceutical company. So their most of the work depends on research‚ developing strategies and innovate. They were trying to find a new way of system which makes their work more effective and efficient. Pfizer find out that their worker spends more time on business research and data analysis to the creation of documents
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employees of this type of industry have to work extremely quick in order to serve and prepare food for hungry customers. Examples of the largest international competitors of the fast-food industry are McDonald’s‚ Wendy’s‚ Burger King‚ Kentucky-Fried Chicken‚ and Sonic. These restaurants top the list because of their rapid growth throughout several countries around the world. Out of the top five restaurants‚ one well-known organization called McDonald’s tops the chart. McDonald’s market structure was decided
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Blood types My team and I decided to do our poster project on blood types. With this topic‚ I will be explaining the benefits and risks of having a blood transfusion. In a situation where a person has lost lot’s of their blood because of an accident‚ has really low hemoglobin. This person would not be in a good situation because hemoglobin is the structure in the blood which carries oxygen in the arteries which will eventually go to your organs. With a blood transfusion‚ the person will receive
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