Answer: • Sole proprietorship: A sole proprietorship is a business owned by one person. The owner may operate on his or her own or may employ others. The owner of the business has total and unlimited personal liability of the debts incurred by the business. • Partnership: A partnership is a form of business in which two or more people operate for the common goal of making profit. Each partner has total and unlimited personal liability of the debts incurred by the partnership. There are
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Why Is Good Writing Important? Overview In order to be successful in college and in the career world‚ good writing is a required and necessary skill. In fact‚ in the online environment‚ the only way to communicate with your instructors and classmates is through written communication. It is how people get to know you‚ it is how you are seen and judged‚ and it is what you are graded on. Your written work is a reflection of you. And because of that‚ it is of utmost importance that your work represents
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Answers Q1. Effective communication is important in an organization because it creates mutual understanding environment between the management and employees. Directly‚ it also helps in increasing the employee’s productivity. Q2. Listening and retaining as much of the information communicated is the end result of being actively focused on your subject. In order to do that you must actively listen and take notes if necessary‚ and try to ask clarifying questions. Q3. To gain understanding
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ASSIGNMENT BRIEF Qualification Unit number‚ code and title Pearson BTEC Level 5 HND Diploma Business Unit 6‚ K/601/0578‚ Business Decision Making Module Leader: Lecturers: Hillary E.K Hillary – Owusu - Mudassar – Bekhzod – Peter Distribution date Submission deadline WC – 22/09/2014 07/12/2014 Assignment title BDM: Business Decision Making Learning Outcome Learning outcome Assessment Criteria In this assessment you will have the opportunity to present evidence that shows you are able to:
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A personal narrative Why I should be accepted to College When first posed the questions of how do I fit in at a college and how my extracurricular activities and experiences would benefit the college‚ I was not sure where to begin writing. To be perfectly honest‚ I think I would be a good fit on almost any campus because I believe I am adaptable to my surroundings and have a solid foundation that would make me an asset anywhere in the nation. While the previous sentence may come across to readers
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Finance December 1‚ 2012 1. Imagine you are a small business owner. Determine the financial ratios that are important to the business. Compare your ratios with those that are important to a manager of a larger corporation. As a business owner‚ financial understanding is something that has to be studied before you decide that you are going to open or even start a new business. Small businesses in general run the finance operations of their business in a different way than the larger corporations. Most
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Law And Business Decisions Mustafa Q. Faisal Southern New Hampshire University Jan. 2015 Abstract In this paper‚ I will illustrate the impact of employment law on the business decisions‚ and how the employment law prevents the business owners and managers to make decisions inside the organization regarding the hiring‚ payment‚ promotion‚ and layoff based on the race‚ sex‚ religion‚ and age. I’ll discuss the impact of the government policies on the location decisions of businesses‚ and how the
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Management and Organization | 11 | | | Organizational Chart | 11 | 13 | Operation Plan | 12 | 14 | Financial Plan | Startup Expenses | 13 | | | Capitalization | 13 | | | profit and loss projection | 14 | 15 | SWOT Analysis | 14 | 16 | Conclusion | 15 | Executive Summary This term paper contains a business plan about software development. The name of the firm is Desh Soft. This firm will develop customized and package software for both corporate
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Should salary be the most important factor in choosing career? Nowadays‚ many graduates consider salary as a key factor when they are looking for a job. They turn down many job opportunities due to low salary and set their minds to get a high-salary job. Should salary be the most important factor in choosing career? In my opinion‚ I don’t think salary should be the most important factor in choosing a career. People may neglect many other things that worth to pursue in one’s life if they put salary
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Solution : TYPES OF DECISION MAKING WITH AN EXAMPLE Irreversible These are type of decisions‚ which if made once cannot be undone. Whatever is decided would then have its repercussions for a long time to come. It commits one irrevocably when there is no other satisfactory option to the chosen course. A manager should never use it as an all-or-nothing but instant escape from general indecision. Reversible These are the decisions that can be changed completely‚ either before‚ during or after the
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