History Of ICICI Bank: History ICICI Bank was established in 1994 by the Industrial Credit and Investment Corporation of India‚ an Indian financial institution‚ as a wholly owned subsidiary. The parent company was formed in 1955 as a joint-venture of the World Bank‚ India’s public-sector banks and public-sector insurance companies to provide project financing to Indian industry The bank was initially known as the Industrial Credit and Investment Corporation of India Bank ‚ before it changed its
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Introduction to Business (Question for 1st semester midterm exam.) # What is business? Ans : An organization or economic system where goods and services are exchanged for one another or for money. Every business requires some form of investment and enough customers to whom its output can be sold on a consistent basis in order to make a profit. Businesses can be privately owned‚ not-for-profit or state-owned. An example of a corporate business is Grameen Phone‚ while an Azad Products is a private
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Offshoring: An Industry Insight into the Benefits and Challenges By Greg Bacon. In collaboration with Ian Machan (Machan Consulting) and Dr Denyse Julien (Cranfield University). Whilst offshoring can be an excellent strategy to reduce costs‚ particularly through lower labour costs‚ there are many other hidden costs which companies often fail to include in their business case. Research has found that offshoring is often carried out with little or no understanding of the true costs. Furthermore
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“Functional Roles of Managers” FIN 561 05 June 2012 Business Structures In the United State‚ there are a variety of business and organizational structures that are currently operating. Each structure possesses number of advantages and disadvantages that must be considered‚ whether in a sole proprietorship or corporation. The purpose of this short essay is to identify several types of business structures and list the pros and cons of each. Sole Proprietorship is a company owned and sometimes
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1. Money markets are markets for ______. (Points : 6) | foreign stocks consumer automobile loans U.S. stocks short-term debt securities long-term bonds | 2. Which of the following could explain why a business might choose to organize as a corporation rather than as a sole proprietorship or a partnership? (Points : 6) | A. Corporations generally face fewer regulations. B. Corporations generally face lower taxes. C. Corporations generally find it easier to raise capital. D. Corporations
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Advantages and Disadvantages of Sole Proprietorship Profits and Losses – Advantages: Proprietor receives all the profits because he or she takes all the risks. Disadvantages: Losses are not shared. Liability - Disadvantages: 1) The proprietor has unlimited liability. 2) If the firm is unable to pay its bills‚ the proprietor can be force to sell personal assets as well as the business to pay debts. Management – Advantages: 1) Decisions on starting and running the business can be made
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There are many different advantages and disadvantages of different types of business ownership‚ such as being a sole trader‚ in a partnership‚ franchises and limited companies. Sole Trader The advantages of being a sole trader are as follows; They are easy to set up – There are very few complicated forms to fill in and sole traders can set up and run a business almost immediately. They are easy to run – The owner can do what they want‚ when they want‚ without consulting with colleagues
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Offshoring Human Resource Management‚ BBA440 September 17‚ 2013 Offshoring is the practice of relocating business processes to lower cost locations outside the country of origin. This is not a new practice for companies in the United States. Moving business processes to another country to take advantages of lower operating costs and cheap labor seems like a great idea. However‚ the dilemma for a company is whether the benefits of offshoring outweigh the risks. This dissertation will begin
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A business is an organization or economic system where goods and services are exchanged for one another or for money. Every business requires some form of investment and enough customers to whom its output can be sold on a consistent basis in order to make a profit. Businesses can be privately owned‚ not-for-profit or state-owned. Business also can have a number of different types of owner depending on the aims and objectives of the owners. There are different types of Business organization
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