STUDY UNIT 2: ESTABLISHMENT AND FINANCIAL STATEMENTS OF A PARTNERSHIP PARTNERSHIP - A partnership is a legal relationship which arises when an agreement is entered into by two to twenty people. Each partner contributes something – cash‚ assets‚ knowledge etc to the business with the aim of making a profit which is shared according to an agreement. 2.2 Reasons for forming partnerships o To increase the amount of capital in the business o To eliminate competition o To bring capital and
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To determine whether Nazir and Omar has a valid partnership or not.We need to look and understand the definition of partnership by Partnership Act‚ 1961.S.3(1) define partnership as ‘Partnership is the relation which subsists between person carrying on a business in common with a view of profit’.5 words need to be examine‚first is ‘relation’‚’person’‚‘a business’‚’carried in common’ and ‘with a view of profit’ .We will look into what type of relation they are in‚is the business running carried in
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learner group at the initial lesson and voted on they should be typed up in bold letters and displayed in view in the learning environment. Every student is different when it comes to behaviours and respect for others. So agreements have to be made about expected standards of behaviour in the classroom. Ground rules that have been created and drafted by the group are mutually agreed arrangements between the teacher and the learners‚ these should ensure that the views and needs of all learners are
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Best Ways To respond to conflict. Everyone has there opinion on how to handle conflict and others could not care less. Conflicts can be from a simple argument to a full out war. A conflict is a serious disagreement or argument‚ typically a protracted one according to google. Some ways we handle conflict are good others‚ not so much. One way is when we are positive‚ in the next way you must stay brave and have courage‚ last is you have to have perseverance to get through the hardship. First is in
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Letter of advice I understand that you two are newly engaged‚ and were made aware that I was taking a course in Interpersonal Communication; additionally‚ as a couple you are seeking suggestions and advice regarding your relationship. I will share knowledge from the course material‚ and from my life experiences both good and bad. In this letter I will discuss strategies for empathic listening‚ recognizing the power of words‚ how nonverbal expressions affect relationships‚ and how to create a positive
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Work in partnership in health and social care or children and young peoples settings. Explain the importance of partnership working with: • Colleagues • Other professionals • Others Working in partnership with other colleagues and professionals is detrimental in being able to provide a service fit for need as it helps promote team working which i believe motivates a team to work well and excel them. It also helps every person involved in providing the service aware of all obstacles that
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Letter of Advice on Communication COM200 Jacey Saucedo November 14‚ 2011 Letter of Advice on Communication Dear Dick and Jane‚ I am honored that you would seek my advice on communication in your relationship. There are many components to good communication‚ many think that good communication comes naturally. The fact that we have been communicating all of our lives does not mean that we do it well. (Sole‚ K‚ 2011 ch1.1). Communication is complex‚ it requires many skills and you must be
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at a holdup. In Monster by Walter Dean Myers‚ Steve is faced with an internal conflict of desire that causes him to question his morality. In life at one point or another‚ we all begin to question ourselves‚ and we let others influence our decisions. Although Steve’s conflict puts him in a bad position‚ I will suggest a resolution that will help him resolve it. Steve experiences an internal conflict regarding the way in which he wishes to be acknowledged. In chapter five‚ within Steve’s journal
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Conflict between different stakeholders is inevitable in a functional business; disputes that are mainly arises between the employer and employee includes‚ wage demands management policies‚ working conditions‚ political goals and or social issues. A successful business will depend on its effectiveness and strategies in management these conflicts. Strategies include‚ using communications systems‚ rewarding the employees‚ training and develop net‚ and flexible working conditions. In applying these
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a different language to most people are just parts of the way you speak. Depending on the situation you are going to speak differently. If you are at Work‚ with your friends‚ or with your family more than likely you talk almost as a different person. At work you should be acting professional and speaking in a more proper way. Using more of a “Yes sir” way of speaking is the way to talk. However different jobs would call for a certain way to talk. My job for example isn’t very formal or even professional
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