proprietorship is a business owned one person‚ who has full control of the business and how it is run. They also own all the assets of the business and any profit that it makes. In the same vein‚ they are also responsible for all the debts and liabilities the business accrues. There are lots advantages by being a sole trader. The first advantage is easy formation. The formation of sole proprietorship business is very easy and simple. No legal formalities are involved for setting up the business excepting
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Place as a way of thinking about business organisations and their environments What are food miles? - http://web.archive.org/web/20080307061635/http://www.bbc.co.uk/food/food_matters/foodmiles.shtml Thanks in part to concerns about climate change‚ more people are stopping to consider the impact that everyday goods - including food - have on the environment. Food miles‚ the distance food travels from field to plate‚ is a way of indicating the environmental impact of the food we eat. Half the vegetables
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HOUSEHOLD APPLIANCES Prepared by Bora Esen 2010 İGEME Export Promotion Center of Turkey HOUSEHOLD APPLIANCES‚ PARTS AND COMPONENTS CLASSIFICATION Harmonized System Numbers of the Products Refrigerators (household type): 8418.10‚ 8418.21‚ 8418.29 Washing machines (household type): 8450.11‚ 8450.12‚ 8450.19 Dishwashers (household type): 8422.11 Ovens‚ other cooking and small kitchen appliances‚ etc.: 7321.11‚ 7321.12‚ 7321.13‚ 7321.19‚ 8516.50‚ 8516.60‚ 8509.40‚ 8509.80‚ 8516.71‚ 8516
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Assignment 5- P6/P7 In this assignment I am going to explain how the government supports the development of e-business and I will use example to support my answers. Also I am going to produce a personal development plan to aid an individual to prepare for increased use of business online. Government e-commerce regulations about online business The E-commerce Regulations apply to businesses which sell goods or services to businesses or consumers through a number of different ways. These can
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Multimedia Activity: Business Organization Business Law I March 4‚ 2013 Outside of a sole proprietorship‚ where a single owner owns and operates the business there are three basic types of business organizations: partnership‚ corporation and LLC‚ also known as limited liability company. (Rodgers‚ S. 2010. Chapter 13) The general requirements for each entity are the following; a partnership is defined as an association of two or more competent persons to carry on a business as co-owners
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Summery: Today McDonald’s have more than 32‚000 local restaurants serving and more than 60 million customers in 117 countries each days. McDonald operation begin in 1940 when Dick and Mac opened McDonald’s Bar-B-Que restaurant in San Bernardino‚ California. In 1948‚ Dick and Mac close the operation for the renovation and reopened after three month later with the most popular item. In 1954‚ Ray Kroc‚ as multimode‚ was attraction and operation and learnt that the McDonald brother had desired to franchise
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Week 7 Learning Activity 1. Was the relationship among Grace and her sons a partnership for a term or a partnership at will? Grace Tengalhat and her sons‚ Manny and Jason verbally agreed to share the business for five years. “Partnership for a term is a partnership that exists for a specified duration or until a specified event occurs‚” (uslegal.com)‚ since they agreed for five years‚ this is a partnership for term. A partnership at will is when a partnership is made with no fixed term. 2. Did
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P5-Describe the influence of two contrasting economic environments on business activities within a selected organisation Within my selected organisation‚ Tesco‚ there are 2 important economic environments that have an influence on business activities. Both economic environments will have a different way on affecting Tesco. The economic environments are growth and recession. Economic growth occurs when more goods are being produced and consumed‚ and incomes are rising. A growth company tends to
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The first norm I decided to us is “WHEN PEOPLE ASK YOU HOW YOU ARE DOING‚ TELL THEM ABOUT YOUR WHOLE DAY”. I was sitting in library doing my assignment. I then seen a young girl who I haven’t talk to in a while and approached her and said hey. She said hey back as she continue to walk. You could tell she had somewhere to go. I then stopped her and said “How you been?” “I been good how are you doing” She responded. I went on to tell her about and argument me and my mother had that morning that caused
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BUSINESS‚ GOVERNMENT & STUDIES – HANDOUT SUMMARIES On 1 August 2009 Contributors: Saurabh Verma Amartya Singh Sadanand Subray Kamat Ashis Nayak Jagadeesh R Om Prakash H Mayank Rohit Jaiswal Bhawna Jain Alok Jain Humbad Abhishek Nirmal D Dineshkumar Shikha Rawat Rangineni Srikanth Hemant Agarwal Ravi M V R Umesh Ram Sevak Sandeep S Nair A V Naga Chaitanya Chayan Mukhopadhyay Anuprakash Kapil Makhija Rajeev Kumar [pic] Contents
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