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
Premium Corporation Types of business entity Partnership
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
Premium The Culture Employment Sociology
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
Premium Strategic management Management Leadership
International Business Chapter 1 Globalizing business What is global business International business (IB): (1) a business (firm) that engages in international (cross border) economic activities and/or (2) the action of doing business abroad. Multinational enterprise (MNE): A firm that engages in foreign direct investment (FDI) Foreign direct investment: investmen in‚ controling‚ and managing value-added activities in other countries Global business: Global business includes both (1) international
Premium International trade Economics Comparative advantage
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
Premium Law
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
Premium World Trade Organization International trade Globalization
Economics for business by David Begg and Damian ward (3rd edition) chapters 1-8 Chapter 1: Economics for business. 1.1; What is economics? Economics is the social science that analyzes the production‚ the distribution and consumption of goods and services. It studies how individuals‚ firms‚ governments and economies deal with the problem of infinite wants and finite resources. Factors of production are the resources needed to make goods and services‚: land‚ labor‚ capital and enterprise. - Land
Premium Supply and demand
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
Premium Japan United States Asia
“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
Premium Water resources Water Water privatization
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
Premium Investment Globalization International trade