COMPANIES Starting a business in India requires one to choose a type of business entity. In India one can choose from five different types of legal entities to conduct business. These include Sole Proprietorship‚ Partnership Firm‚ Limited Liability Partnership‚ Private Limited Company and Public Limited Company. The choice of the business entity is dependent on various factors such as taxation‚ owner liability‚ compliance burden‚ investment and funding and exit strategy. Lets look at each of
Premium Corporation Types of companies Types of business entity
this problem solving? Problem Solving is a tool‚ a skill and a process. It is a tool because it can help to solve an immediate problem or to achieve a goal. It is a skill because you can use it repeatedly‚ like the ability to ride a bicycle‚ add numbers or speak a language. It is also a process because it involves taking a number of steps. Problem solving is a mental process that involves discovering‚ analyzing and solving problem. Reed (2000) posits that the ultimate goal of problem solving
Premium Problem solving
In the United States or Canada there are many forms of business ownership. Many business owners‚ in the US‚ who decide to start-up their own business must carefully choose a form of business ownership for their corporation‚ this will determine the legal arrangements of the business. The reason it is important for a business manager to choose a legal development for his company is because this decision will have an effect on matters such as taxes and regulatory requirements. If an executive manager
Premium Corporation
asserted that the issue of recycling in modern times is very important. Recycling makes participants feel fine‚ and is considered by some to be a moral responsibility‚ which has become a ‘social norm’ (BIEC‚ 1997). This essay will try to demonstrate three main benefits of recycling including its important role in economies‚ environment and energy-saving. Recycling generates substantial economic benefits and it has made a vital contribution to job creation and economic development. A great illustration of
Free Recycling Waste management Waste
Tifani Brooks Rewrite 3/14/2013 The main ingredients to a relationship is stability‚ trust and respect which those to me are huge in a relationship. There is a lot to make a good relationship work. One of the main ingredients to having a great relationship stability. Having stability in a relationship is to not break down and also to understand each other. The next would be trust‚ if there is no trust then you mine as well just walk away. And the last thing to make a great relationship would
Premium Respect 2009 singles Thought
Problem solving in groups: when and why Advantages of Group Problem Solving: Resources For many tasks‚ groups possess a greater collection of resources than do most individuals. Sometimes the resources are physical. For example‚ three or four people can put up a tent or dig a ditch better than a lone person. But on other problems the pooled resources lead to qualitatively better solutions. Think‚ for instance‚ about times when you have studied with other students for a test‚ and you will remember
Premium Problem solving Decision making Person
What are the types of crime of the powerful? Crime‚ itself‚ is defined as ‘an act punishable by law‚ being forbidden by statute or injurious to the public welfare’. Power‚ or powerful refers to those who have the ‘ability or capacity to influence the behaviour of others or a course of events’ (Oxford 1989). In this essay then‚ the phrase “crime by the powerful” is not exclusive to misdemeanors carried out by elite financial institutions‚ corporations and dominant individuals such as civil officers
Premium Criminology Economics Theft
OCR Level 3 Cambridge Technical Certificate/ Diploma in Business Unit 1 The Business Environment Task 1 Ownership McDonald’s: McDonald’s was invented in the year 1940 and has currently about 34 000 restaurants in the whole world. Since McDonald’s was found they established loads of shops especially in Europe and America. McDonald’s is obviously a private company and is owned by a head of shareholders. It was found by Richard and Maurice McDonald’s and until today they don’t get any
Premium Corporation Franchising Limited company
"Homework is an excellent activity and task for the students. When you are in college‚ there are numerous things taught to you on a regular basis. And to become successful in life you need to learn all these things and to ensure complete learning of all the concepts‚ you need to keep practicing them and homework is something that helps you practice and revise them. Not only in academics‚ homework is something that gives you overall exposure and overall learning in several different ways. You get
Free Education Knowledge Understanding
Section 1 – Understand why change happens in a business environment 1. Explain why change happens in a business environment. You should include at least three reasons in your answer. Reasons for change in a business environment may include: - Internal factors • A business wants to reduce waste and costs • A business launches a new product • A business introduces 24-hour customer support • A business introduces quality management techniques - External factors -
Premium Management Strategic management Business