Sole Proprietorship When entrepreneurs set out to start a business venture‚ many of them start with a sole proprietorship. A sole proprietorship usually involves a single person who runs a business on his or her own. Sole proprietorships are small businesses that often take off to form larger business entities when the owner desires to do so or when the right opportunities are presented. Some of the disadvantages of having a sole proprietorship are the simplicity of operating the business‚ ability
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There are three main types of business‚ namely‚ Sole Proprietorship‚ Partnership and Corporations. Partnership allows for two (2) or more persons (up to 20) to operate and share ownership of a single business. This means that there is shared management‚ shared profit or loss‚ as well as shared risk; therefore‚ there are fewer consequences with regards to ownership‚ responsibility and liability. Sole Proprietorship‚ on the other hand‚ is a type of business entity that is owned and operated by one
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When I started working a year ago‚ I was able to get along with different types of bosses. I got to know different personalities of people‚ from the rank-and-file to the managers. Some bosses are silent yet so strict while some are loud and frank yet tolerant. The high-pitched boss loves screaming and he looks for opportunities to shout at others. He has a superiority complex‚ and believes that others are wrong. In the worst cases‚ they may shout at you in front of others which can be rather
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Raven’s (1959) five bases of power against Fleming and Spicer’s (2007) four faces of power as well as the faces of resistance. These theories will be analyzed through the different perceptions of power and resistance in differing industries. We will further evaluate these findings in the context of a white collar firm‚ Zalora Singapore against a blue collar firm‚ Woodlands Transport Pte Ltd. This report also aims to evaluate both positive and negative effects of power and resistance on an individual
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WORLD TOURISM: PROJECT #1 TYPES OF GOVERNMENT Quimson Ronabel F. *H-268* Prof. Adrian F. San Miguel Government in the case of its broad associative definition‚ government normally consists of legislators‚ administrators‚ and arbitrators. Government is the means by which state policy is enforced‚ as well as the mechanism for determining the policy of the state. A form of government‚ or form of state governance‚ refers to the set of political systems and
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Types of Depression Depression is now considered as the most common mental illness. As of September 20‚ 2012‚ the Centers for Disease Control (CDC) reported that about 9 percent of Americans are experiencing depression and 90 percent of suicidal reports are commonly caused by depression. The brain has a certain chemicals that work to keep your moods balanced. When your brain is not generating enough of these chemicals‚ there’s a tendency for you to become depressed. Depression is commonly referred
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• Type 1 Type 1 often affects people under 30 years of age but can develop at any time. In Type 1 diabetes‚ your pancreas stops making insulin or only makes a very small amount. Without insulin‚ glucose cannot enter into your cells which need to burn glucose for energy. Some people are born with the genes‚ but only some will develop it. While there is no such thing as a good or bad diabetic‚ some individuals have very wide‚ unsteady swings in blood sugars. This happens when their bodies have extreme
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EXERCISE THREE Case Study – Market Potential Question 1: The country‚ Federal Republic of Armorika‚ is participating in today’s interlinked global economy as they are importing and exporting‚ where the exporting ($US 469.4 billion) is at a larger volume then importing ($US 400.3 billion). This is an advantage to the international business market as Armorika’s exports are exceeding imports meaning that their net exports figure is positive. Armorika not only has a steady inflow of funds in
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TYPES OF SOCIETIES Sociologist Gerhard Lenski (1924–) defined societies in terms of their technological sophistication. As a society advances‚ so does its use of technology. Societies with rudimentary technology depend on the fluctuations of their environment‚ while industrialized societies have more control over the impact of their surroundings and thus develop different cultural features. This distinction is so important that sociologists generally classify societies along a spectrum of their
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established precedents according to which a state or other organization is governed. The fundamental law of state containing the principles upon which the government is founded and regulating the divisions of the sovereign powers directing to what persons each of these powers is to be confided and the manner it is to be exercised as the constitution of the United States. A constitution may also mean the act of constituting or state of being constituted. It may also be defined as a legislative charter
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