Forms of Business Organisation (Indian Context) Sourav Sinha Forms of Business Organisation : While establishing a business the most important task is to select a proper form of organisation. This is because the conduct of business‚ its control‚ acquisition of capital‚ extent of risk‚ distribution of profit‚ legal formalities‚ etc. all depend on the form of organisation. The most important forms of business organisation are as follows: Sole Proprietorship Joint Hindu Family Business Partnership
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motivation. People may have various needs and desires but only strongly felt needs became motives. Motivation is the act of inspiring someone or oneself to achieve desired course of action. Employee motivation has captured the interest of the researchers‚ business leaders‚ and the human resource managers. Creech (1995)‚ "motivation is that gives force to our behavior by arousing‚ sustaining‚ and directing it toward the achievement of goal". Several authors had also studied on the principal concept behind
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Ottarkar ’s plc Review To Investors Subject: Ottarkar ’s plc Financial Performance Review (2004-2005) Ottakar ’s is one of the leading book retailers in the UK. It was founded in 1987 and listed on the London Stock Exchange in 1998. With its long experience in bookselling‚ Ottakar ’s tries to distinguish itself by offering extensive book ranges as well as excellent services to its customers across its 131 stores in England‚ Scotland and Wales. The company believes that it
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Performance Appraisal for Teams Agencies are required by the Government Performance and Results Act of 1993 to establish program goals and report organizational performance to stakeholders‚ including the Office of Management and Budget and the Congress. This creates pressure to use methods that improve organizational performance and maximize goal achievement. Using teams to accomplish the work— and effectively managing team performance— is one of the methods that many organizations have chosen.
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A study of the organization’s objectives helps to understand how it is likely to respond to changes in its environment. It is often assumed that business organizations will always try to maximize their profits through a combination of maximizing revenue and minimizing costs. The profit maximization objectives must be qualified by a time dimension. A firm that pursuing a short-term profit-maximizing objective may act very differently to one that seeks to maximize long term profit. This may be reflected
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Understanding Business Organisations Report RSPCA is a Charity non-profitable organisation from the Tertiary Sector within Services. http://www.rspca.org.uk History The Royal Society for the Prevention of Cruelty to Animals was founded in 1824 by a group of twenty-two reformers led by Richard Martin MP‚ William Wilberforce MP and the Reverend Arthur Broome in a London coffee shop ( in St. Martin’s Lane‚ not far from Piccadilly Circus‚ stood Old Slaughter’s Coffee House) and founded as
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EVALUATING FINANCIAL PERFORMANCE 1 Prepared by: Kha Pham CHAPTER OBJECTIVES The principles of interpretation of financial information‚ especially the importance of comparisons Why non-financial information is needed to supplement financial information How to calculate and interpret profitability ratios‚ especially ROCE and its components How to analyse a company’s borrowings in terms of gearing and interest cover 2 CHAPTER OBJECTIVES (CONT’D) How to calculate liquidity and
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five years‚ I see myself employed at a company of my choice‚ or maybe even working at a business of my own‚ I see myself happily married‚ living in a beautiful home‚ driving a nice car‚ and finally stable. In the next ten years‚ I want to have my own business up and running successfully‚ (not sure what kind)‚ in my own beautiful home‚ earning about 600‚000 or more a year in personal income. I feel as though‚ if I keep up with my goals I will be doing exactly what I plan to do in 5 to 10 years. Question
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Comparison of Financial Performance In comparing the 3 Major Financial Institutions‚ there are problems associated with the size effect. Ratio analysis are not bias to the size of the underlying equity‚ assets or liabilities‚ but comparative change relative to each of their figures as well as contrasting percentage change in growth or decline from previous years. In comparing the institutions ability to generate profits for investors‚ the Return on Equity (ROE) is particularly strong for Commonwealth
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Harvard Business School 9-198-048 Rev. October 14‚ 1999 Citibank: Performance Evaluation Frits Seegers‚ President of Citibank California‚ was meeting with his management team to review the performance evaluation and bonus decisions for the California branch managers. James McGaran ’s performance evaluation was next. Frits felt uneasy about this one. McGaran was manager of the most important branch in the Los Angeles area‚ and his financials were impressive. A year ago he would have received
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