Faculty of Business and Environmental Studies T1/13 Coursework Assignment Diploma in Engineering Business Management Module: 102KM Business Organization Assignment Title: Types of Business Organizations Date & Time of Submission : Week 10 (22:00) Assignment Weighting : 50% Word Limit : 3000 words Description of Assignment This is an individual assignment and carries 50% of the module weightage. A business can have a number of different types of
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BUSINESS OWNERSHIP Compare forms of business ownership. Three basic forms of business ownership Sole proprietorship Partnership Corporation Sole proprietorship A business owned and operated by one
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Business speech Today i will be speaking about the business i have discovered The business name i have chosen is tapcomp. John has established his own mobile computer and software business. It all started 18 years ago and it started from scratch. It began because he was an employee of a similar business and decided to start his own company‚ taking control of all decisions related to the business key functions‚ management‚ operation‚ human resource management and accounting. John is an Sole
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come in many different sizes‚ sectors‚ ownership and scale. The size of the business depends how many employees there are. For example they’re categorised into micro‚ small‚ medium and large. Micro organisations have a maximum of 9 employees‚ small organisations have a max number of 49 employees‚ medium organisations have a max of 249 employees and large organisations have a max number of 250 employees. The scale of a business depends whether it’s local‚ regional‚ national or global. The different sectors
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Vanessa Lefler Bus 210 Week 2 Checkpoint A friend of mine and I are going to try and open a business doing accounting and bookkeeping but are having a hard time choosing if the form of business organization we will operate as will be joint stock‚ limited liability‚ partnership‚ or a sole proprietorship. A joint-stock company is where business owners raise capital by issuing stock certificates of its ownership. This means selling stock to investors that guarantee them a certain percentage
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Question 1. Outline and describe the ways in which an Agency Contract may be established. Agency According to Nicole Busby‚ an agency is a contractual relationships that entitles one party to act on behalf‚ or in favour of‚ the other party in contractual arrangements with a third party. In this regardthese circumstances‚ the former is known as an “agent” and the entity on whose behalf the agent performs is called a “principal”. Generally‚ the agency relationships arises in commercial transactions
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bus * * Checkpoint: Business Organization * Robert Surls In 2005 my aunt left me an inheritance. It was a large sum of money. There was a stipulation to receiving this gift. I needed to invest in a company of my choice. My last employer was a cleaning company and I approached my old employer with a proposition. I and another business partner that I convinced in investing with me would organize a joint-stock company. This was to be a private partnership‚ as well as a limited partnership
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Case Studies – Types of Business Organization (Ownership) Case 2: Joseph LeBlanc‚ a student looking for summer employment‚ opened a bait shop in a small shed on a local fishing dock. For this case‚ I think the type of business here is Sole Proprietorship. Joseph LeBlanc a student looking for a summer employment and decides to open his own bait shop is a very big responsibility. If his business is Sole Proprietorship‚ it will benefit him in a lot of ways. He will be the boss of himself‚ which makes
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Small-Business Idea Recently the United States government has released funds for creating small businesses. An opportunity to acquire government funding for a business venture is one to take advantage of and to put dreams into reality. The intent of this paper is to outline the three main forms of business organizations including the tax and legal implications as well as the accounting requirements for each structure. In addition‚ this paper proposes creating a small business of a women’s only gym
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Exposure in Business Joshua Houghton Ashford University BUS670 Legal Environment Professor Janet Fiorentino February 17th‚ 2013 Liability Exposure in Business Creation of a business of any type has to fall under a particular organizational form. There are many elements to starting a business a future proprietor should consider‚ such as degree of forms and applications that need to be filed‚ state and federal‚ legal liabilities‚ level of difficulty in the formation of a business‚ and level
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