The Formation‚ Management and Dissolution of Business Enterprises Type of business organizations Sole Trader it is any business which is owned by one person. This person may recruit employee. Owner is personally responsible for the debts the company and he has unlimited liability. These are such people who testify specialized services such as hairdressers‚ plumbers or photographers. Partnership it is business that is owned by two or more people. These people put jointly in the business their
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Duck also believed that relationship breakdown followed a pattern and created a Model of Dissolution: Intrapsychic phase - Thinking about it People reflect on the deficiencies of their relationship‚ perhaps in terms of costs and benefits. There will be very little outward show of dissatisfaction‚ there may even be a determination to ‘put things right’. This stage may also include indirect hints to their partner about how they feel. Dyadic phase - Telling each other The person decides that
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The effects of Internal/External Factors on WorldCom Learning Team A MGT330 November 9‚ 2010 The Effects of Internal/External Factors on WorldCom Over the years the world has seen many corporate disasters pertaining to management. One of these disasters has been the rise and fall of WorldCom. From the beginning of WorldCom in 1983 as an obscure long distance company‚ the world watched as the company executed an aggressive
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As a Japanese film‚ Seven Samurai (1954) directed by Akira Kurosawa is based upon circumstance; it is interested in what surrounds the human being and how ones circumstance is powerful in the portrayal of the film over the characters lives. “Circumstance unites man: the farmers with one another‚ just so the samurai‚ just so the bandits.” (Cardullo). It is through all of these circumstances that our narrative forms and the plot moves forward. The farmers unite with one another to try and find a
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Aircraft of Swiss Air were grounded in Zurich back in 2001 due to the lack of cash flow. There was so little money left that there was not enough money to pay for fuel. This was even more surprising since this airline was in one of the richest countries in the world‚ Switzerland. Swissair managed to establish itself as a quality airline throughout its home country of Switzerland and in Europe. Swiss Air celebrated its 70th birthday in March that year with no indications of what would happen in
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Variables Affecting the Dissolution Profile of Zolmitriptan Liquisolid OrodispersibleTablets(ODTs) Different formulas were prepared (F1-F18) using different variables to reach the best formula. Each formula was evaluated to study the pre and post compression parameters. Angle of repose‚ carr’s index and Hausner’s ratio as a pre-compression tests for powder flow properties as well as hardness‚ friability‚ wetting time‚ content uniformity and in vitro disintegration time as a post-compression tests
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The purpose of this experiment was to answer a question: Which pill coating results in highest dissolution rates? This is important because dissolution of medicine such as ibuprofen prior to absorption maximizes effectiveness. Therefore‚ understanding how tablet coatings can affect dissolution time will be beneficial to consumers. Hypothesis: If the three types of pills are submerged in an acidic solution of pH 4.5‚ the gelatin coated capsules will dissolve quickest. This hypothesis came to be because
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Introduction WorldCom‚ the telecommunications giant‚ once was the largest telecommunications company in the world‚ with more than $30 billion annual revenue‚ $104 billion in assets and more than 20 million customers. John Sidgmore (2002)‚ Ebbers’ successor after the scandal‚ said “WorldCom is a key component of our nation’s economy and communications infrastructure.” However‚ the giant collapsed in 2002. 1. The Main Issue: Earnings Management 1.1 Definition of Earnings Management A commonly acknowledged
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such as: Accounting Irregularities at WorldCom and Arthur Andersen…No More: What Went Wrong? (Business Ethics 4th Ed: Cases 5 & 6 pg.101-109)‚ both clearly present various moral and ethical problems that arise that are real life business scenarios as well as question the impact of certain ‘special’ duties/obligations that apply to particular individuals and employees who choose to engage in these activities in the organization leading to their downfall. The WorldCom case and scandal occurred because
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DIRECTOR’S RESPONSIBILITIES Is Legislation in Malaysia sufficient post Enron & Worldcomm? Abstract Directors being pillars of corporate governance (Cowan‚ 2004) should at all times act honestly and use reasonable diligence in the discharge of their duties. This is more so in light of recent major corporate issues like ENRON & Worldcomm in the United States and the Transmile case in Malaysia. In essence directors are agents of the company and as agents‚ they owe a duty of trust to the company
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