According the Employment Ordinance (Cap. 57)‚ Bluestate Limited have a right to use the Summary Dismissal can dismiss Emma and the company. Here will discuses the reasons. First‚ “willfully disobeys a lawful and reasonable order” (Employment Ordinance (Cap. 57)‚ 2016). Emma was late to work oftentimes. The company was given her two written warning letter and seriously stated that this was the last warning for her‚ if she still haven’t any improve‚ the company will be dismiss her. After she received
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Assignment Business XI Points to cover in this assignment on the 10 Countries Types on doing Business Cultural orientation Cognitive styles Negociation Value System Business Practice Hong Kong: Doing Business in Hong Kong Business & Trade in Hong Kong Employment in Hong Kong Tax Obligations of Non-Resident Business Operators Mandatory Provident Fund (MPF) System Capital Investment Entrant Scheme Entry Arrangement for Investment (to establish/join in business) in Hong Kong
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1.2 Advantages and Disadvantages of private/public sector partnership. Introduction The effective management of tourism at destination level can only truly be achieved through partnership‚ due to the number and complexity of stakeholders. For a long time‚ national and local governments have talked about partnership as a means to increase joined-up thinking and public/private sector involvement. The tourism sector‚ because of the nature of the work in engaging the private sector and working across
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Legal regulations. i) What are we going to be if we colabarate with Jawbone:- Limited liability partnership Why? Because we are building a partnership with a company in which both parties have limited liabilities. It therefore exhibits elements of partnerships and corporations. In an LLP‚ one partner is not responsible or liable for another partner’s misconduct or negligence. All partners have a form of limited liabilitysimilar to that of the shareholders of a corporation. ii)
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burdens through the partners’ capital accounts. Allocations satisfy the primary economic effect test when the partnership agreement provides for the following provisions: * The partners must maintain their capital accounts in accordance with the rules contained in Treas. Reg. 1.704-1(b)(2)(iv). * If the partnership liquidates‚ or any partner’s interest in the partnership‚ the partners must receive assets equal to the positive balance in their capital accounts. *
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proprietorships‚ general partnerships‚ C corporations‚ and limited liability companies. Ownership of C corporation is represented by shares of the stock‚ or shareholders‚ it is the most common type of the business‚ where ownership to the shareholders offers a limited liability to all its owners. Limited liability companies are those companies who have the form of the partnership‚ in which all the partners have the right to participate in management and have the limited liability for company debts
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Principle of Accounts Notes Topic: Introduction to Principles of Accounts What is accounting? Accounting is the process of identifying‚ recording‚ summarizing and communicating financial information to interested parties so that inform judgments and decisions can be made. The Purpose of Accounting: 1) It provides reports on the financial position of an organization and the profitability of its operations. 2) It helps management to make effective and efficient decisions in
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offered to become his partner. She knows plenty of people who would use their business. She has already found rent-free premises for the office. Alehandro is not sure whether it would be better for him to set up as a sole trader‚ in partnership with his sister‚ or as a limited company. If Alehandro were to start off as a sole trader‚ he would be the only owner of the accountancy business. This would mean that he would be in full control of the business; he wouldn’t have to consult or check with others
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P1 McDonald’s & Royal Mail McDonald Background Information McDonalds is a fast food restaurant that serves customers with food and refreshments. McDonald’s also has a drive-thru where you stop at a window whilst in a vehicle and order their food‚ they are known for this because it gives a fast service. They are world-wide with over 3000 branches and franchises making over 4.9 billion dollars after expenses such as revenue. They serve 69million customers on average everyday according to the MC Donald’s
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Chapter 5 – Entrepreneurship Entrepreneurship – strategic thinking and risk-taking behaviour that results in the creation of new opportunities for individuals and/or organizations Entrepreneurs – risk-taking individuals who take actions to pursue opportunities and situations others may fail to recognize or may view problems Study Question 1: Entrepeneurs are… Franchise Outlet Small Retail shop (convenience store) Self-employed service business (hair dresser that cuts hair in basement) Innovate
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