Why do companies need a strategy? Strategy is very important for a business. Without a strategy an existing business can drift away from its customers and become uncompetitive with its environment and eventually the business will stop making profit. This is known as strategic drift. In other words‚ having a strategy is a way to remain competitive or it is a way of forcing a strategic change when an organisation has drifted away from its environment and is staring to fail. Lately‚ these strategic
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Companies and Business Ethics National American University Abstract Business ethics play a major role in the business world today. Since their development they have become a major influence on anything business related. The importance of business ethics was chosen to give more of an in-depth look at not only basic benefits that business ethics bring about‚ but some not so known benefits that come about as well. Business ethics bring about a great moral to the corporation and its culture
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legal effect of common law and the Companies Act 1965 on pre-incorporation contracts. Pre-corporation contract is one which is entered into when the Company is in the process of being incorporated but is not yet completed it. At common law such contracts were held to be void‚ as the company is not yet in existence. - Newborne v Sensolid Ltd. In the common law effect‚ Pre-incorporation contracts cannot‚ in theory‚ be made by the company or by its promoter since the company or the principal does not
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mendelsohn@hud.ac.uk • • • • • Corporate personality Artificial‚ separate legal personality Registration at Companies House Limited liability Salomon • Issues arising from separate‚ artificial legal personality A. PROMOTERS • Background • Definition - no statutory definition - 2 common law definitions • Twycross v Grant (1877) 2 CPD – someone who “undertakes to form a company with reference to a given project‚ and to set it going and… takes the necessary steps to accomplish that purpose”
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Introduction This article will discuss the advantages and disadvantages of sales force automation. Nowadays‚ salesperson in many companies have relied on top performers to keep competitive. That means a successful salesperson should take a special approach. Sales force automation is the system that contain the use of hardware and software to achieve automate the business tasks of sales and its also tie together functions‚ for example‚ sales tracking and expense reports. sales force automation also
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running the business gives the business a lot more flexibility about how to operate compare to sole traders. The second major advantage is the low administration requirements compare to form a company. Disadvantages The first major disadvantage is for partnership there are unlimited liability for Andy and Zara. The second major disadvantage is there is no separation between Andy and Zara to manage and control the business. ii) Advantages: The first major advantage is the company has limited
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Preparing to Conduct Business Research: Part 1 Spring Allison‚ Cheryl Mcintire‚ Lea Austin‚ Jose Cruz‚ Michelle Anderson‚ Randi Breach RES/351 October‚ 1‚ 2012 Dr. Prasad Yenumula The Issue On September 12‚ 2012 the New York City Health Department voted eight-zero with one vote abstaining‚ to enact a city wide ban on sugar-sweetened beverages in containers over 16ounce in size (Susman‚ 2012). At the urging of New York City Mayor Michael Bloomberg the health department
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appear to be in the best interests of the company both subjectively and objectively. The statutory remedy for disadvantaged shareholders‚ s 459‚ may provide a remedy for H‚ but the courts have set their face against using the section to provide a remedy for shareholders who object to the board’s bona fide actions if they do not impinge upon the ‘legitimate expectations’ of the shareholder; see‚ for example‚ Re A Company (No 002567 of 1982) (1983)‚ the wine bar case mentioned above‚ and Re Saul
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Mt. Carmel Needs a Code of Conduct “Bullying a form of violence among children is common on school playgrounds‚ neighborhoods‚ and homes throughout the United States and around the world. Bullying has long been considered an inevitable and in some ways uncontrollable part of growing up” (Kouri). This is according to Jim Kouri but bullying has been a serious problem in schools for years. It may be thought to be uncontrollable but there are some things we can do to prevent bullying. There should be
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CORPORATE LAW AND SECRETARIAL PRACTICES | April 8 2013 | SUBMITTED BY: | INCORPORATION OF GALLANT CHEMICALS | INCORPORATION OF GALLANT CHEMICALS: MEMORANDUM OF ASSOSIATION: THE COMPANIES ORDINANCE‚ 1984 (PRIVATE COMPANY LIMITED BY SHARES) MEMORANDUM OF ASSOCIATION OF GALLANT CHEMICALS PRIVATE LIMITED 1) The name of the Company is "GALLANT CHEMICALS PRIVATE LIMITED." 2) The Registered Office of the Company will be situated in the province of BALOCHISTAN. 3) The objects
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