FORMS OF BUSINESS ORGANISATIONS Definition Sole-Proprietorship A business owned by one person Partnership An association of two or more persons carrying on business in common with a view to profit Limited Partnership (LP) A partnership consisting of two or more persons‚ with at least one general partner and one limited partner Limited Liability Partnership (LLP) A partnership where the individual partner’s own liability is generally limited Company A business form which
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com/5-key-questions-to-gauge-the-culture-in-your-startup-2012-10 Every company should and most likely does care about their company culture. Yes‚ I know what your thinking‚ this article is about starting up a business and how to start it out with a positive‚ successful culture. Yes and no. After reading this article‚ I feel like Martin Zwilling wrote an article on “Howard’s Gift: Uncommon Wisdom to Inspire Your Life’s Work‚” a book that not only helps with starting successful cultures in businesses‚ but it gives you
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BUSINESS MANAGEMENT Managers require a range of skills to operate effectively now and into the future. These skills include: interpersonal (people) communication strategic thinking vision problem solving and decision making flexibility and adaptability to change reconciling the conflicting interests of stakeholders. INTERPERSONAL SKILLS Managers get their work done with and through other people; therefore‚ interpersonal (people) skills are extremely important. Such skills mean a manager
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wise (can) Legal subjects – means that human beings and business entities are subject tot the law Legislature – the state’s bodies with legislative authority Legal system – the total of all legal rules and institutions involved in creating‚ interpreting and enforcing the rules 1.3 Business ethics Ethics – comprise the moral and value standards that act as behavioural guidelines Business ethics – studies ethics within a business and company setting Corporate culture – reflects the values
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Kapitel 1. International business- Commercial that crosses the boarders of two or ore nations Globalization – trend toward greater economic‚ cultural‚ political‚ and technological‚ interdependence among national institutions and economies. General agreement on Tariffs and Trade (Gatt) – Treaty designed to promote free trade by reducing both tariffs and nontariffs barriers to international trade. World Trade Organizations – International organization that enforces the rules of international
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Reaction on Reaction Paper The first thing that came to my mind when I have heard about Reaction paper is “What exactly is it?” and before I get an understanding of that‚ I resisted that change. But later‚ when I have studied about it and understood its purpose‚ I have started thinking “Why people avoid change at the first look without an analysis?” The general human tendency is to live in a comfortable zone in which he has lived for quite some time. He draws a circle‚ thinks that circle is his
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This is a summary of an article I found in "New York Times" three years ago. Maybe it will be helpfull for students who have to take English classes. I had to do it for university to improve my buisness English skills. Summary of New York Times-article In the following text I will summarize the article “Crisis in Europe and U.S. Hurts Asian Economies”‚ published in New York Times on January 23‚ 2009. The text is about the weak Asian economies and how they are affected by the crisis which
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“LIKE WATER FOR PROFIT” SUMMARY “LIKE WATER FOR PROFIT” SUMMARY In the article “Like water for profit”‚ by Diane Halen-Sukra‚ she discusses the looming importance of the campaigns surrounding the privatization of water. The article discusses how the government‚ and private companies are looking to privatize public water systems in municipalities around Canada. Which at the very center from a citizen standpoint is a horrific thing as essentially they are looking for take a human necessity
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International Marketing – Article Summary & Analysis Going Global with Innovations from emerging economies: Investment in Customer Support Capabilities Pays Off by Susanna Khavul‚ Mark Peterson‚ Drake Mullens‚ and Abdul A. Rasheed Journal of International Marketing‚ Volume 18‚ Number 4‚ December 2010 The authors argue that firms with IPs (Intellectual Property) and strategic intent to internationalize invest in international customer support capabilities to satisfy the demands of their
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Danna Garcia Carpio Professor Alonso Intro to Business: 10:00am 11-10-08 Chapter 9 progress assessment questions 1. What have U.S manufactures done to regain a competitive edge? For manufactures to gain a competitive edge they had to emphasized the following: focusing on customers‚ maintaining close relationship with suppliers and others companies to satisfy customer needs‚ practicing continuous improvement‚ focusing on quality‚ saving on cost through site selection‚ relying on the Internet
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