CHARACTERISTICS OF SERVICES The services have unique characteristics which make them different from that of goods. The most common characteristics of services are: Intangibility. Inseparability. Perish ability. Variability Intangibility Services are activities performed by the provider‚ unlike physical products they cannot be seen‚ tasted‚ felt‚ heard or smelt before they are consumed. Since‚ services are not tangibles‚ they do not have features that appeal to the customer’s senses‚ their
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1. What are the three golden rules of accounting? Real Accounting: Dr - What comes in Cr - What goes out Examples of this kind of transaction include cash/bank and rent. Personal Accounting: Debit is the receiver. Credit is the giver. An example of this kind of transaction is Vendor/Customer relations. Nominal Accounting: All gains and income are credit. All losses and expenses are debit. An example of this kind of transaction is sales and/or purchases. 2.Balance Sheet DEFINITION OF
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Characteristics of a Knowledge and Value Centered Manager Checkpoint HSM/220 August 5‚ 2011 The ten characteristics that are necessary to be an effective manager are; * Self-Motivation/ Value centered * Leadership Skills/Knowledge Centered * Dependability/ Value centered * Excellent Customer Service Skills/ Value centered * Resolving Conflict Abilities/Knowledge Centered * Being a Team Player/ Value centered * Knowledge of the Industry/Knowledge Centered * Integrity
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CORPORATION FORMATION DEFINITION An artificial being created by operation of law‚ having the right of succession and powers‚ attributes and properties expressly authorized by law or incident to its existence” (New Corporation Code) CHARACTERISTICS * separate legal entity – an artificial being with a personality separate from that of its individual owners * created by operation of law – mere agreement of the parties cannot give rise to a corporation * right of succession – continues
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interlinked with the ‘Varna’ model which divides the Hindu society into four orders‚ viz.‚ Brahmana‚ (Brahman‚ traditionally‚ priest and scholar)‚ Kshatriya (ruler and soldier)‚ Vaishya (merchant) and Shudra (peasant‚ labourer and servant). The first three castes are ‘twice-born’ or ‘dvija’ since the men from these castes are entitled to don the sacred thread at the Vedic rite of upanayana‚ which the Shudras were not allowed to perform. The untouchable castes are outside the varna scheme. The term ‘varna’
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My Characteristics Live has not been easy for me‚ but with my effort and dedication I been able to get the best of everything. I am a very confident person. The best way to gain self-confidence is to look deep inside of yourself and believe that you have the ability to overcome all obstacles and challenges that you are faced with‚ on a daily bases. I believe in my abilities and myself. I am at the point where I most first believe in myself before others will believe in me. Three of the most important
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Chapter 10 Partnerships: Formation‚ Operation‚ and Basis Lecture Notes SUMMARY OF CHANGES IN THE CHAPTER The following are notable changes in the chapter (and these Lecture Notes) from the 2013 Edition. For major changes‚ see the Preface to the Instructor’s Edition of the text. News Boxes Updated Tax in the News titled Trends in Partnership Usage. Updated Tax in the News titled LLC Members Not Automatically Treated as Passive. The Big Picture – Why use a Partnership‚ Anyway?
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Characteristics of Personhood Rationality The ability to reason is seen as being one of the defining characteristics of personhood. Rationality can be summarised in our ability to make considered choices and decisions at a higher intellectual level. Rationality is illustrated in our ability to justify our thoughts and actions through reason‚ scaled to emotional or practical variables. Aristotle considered that the thought-processes that precede our actions are pivotal to personhood. Such thought-processes
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There are many ways a corporation can be classified; however the best way to classify a corporation is by knowing the characteristics that makes a corporation. The unique characteristics of corporations are consist of limited liability of stockholders‚ free transferability of shares‚ perpetual existence‚ and centralized management. In relation to John Marshall who is the chief justice in 1819 defined corporation as an artificial being‚ invisible‚ intangible‚ and existing only in contemplation of
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The Art that Defines Me Sabrina Zueck ENG 121 Instructor Brandi Henderson 04 January 2013 People look at me and see my arms sleeved in ink and they say to me‚ “how can someone so feminine and beautiful destroy herself like that.” I share the drawings and the meanings behind my artwork and I start to see a whole new respect develop for me. My Tattoos are painful; from the needle poking directly into my arm to the sorrowful memories that the artwork represents throughout my life. Tattoos
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