future. Perfect Pets could be one of several types of business structures recognised in the law for example. Partnership‚ Sole Trader‚ Limited Company PLC‚ Public limited company Explain each one of these briefly and say which one perfect Pets is. Conclude by saying that Perfect Pets is Currently a partnership (although there is no evidence to suggest that there is a formal partnership agreement) because the business is fully owned by Paul and Peter Go on here…to say how they are entitled to
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which involve the extraction of raw materials from the earth and the growing of food. Secondary production activities such as manufacturing which transform raw materials into finished goods. Specialisation in business‚ the production of a limited range of goods. System parts that work together to achieve an objective; a system can be a communication system‚ a business‚ an economic or political system. Tertiary production activities which involve the provision of services. Wants
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PARTNERSHIP AGREEMENT A business case Presented to the Accountancy Department De La Salle University In partial fulfillment Of the course requirements in ACTPACO 35 Fucoy‚ Regina Rae F. 10 July 2013 1. Discuss whether Reyes is acting in an ethical manner. Reyes stating that “an agreement is an agreement” is true‚ however‚ in a partnership‚ a partner should make an effort to make sure that everyone is to divide equally the profit and losses. According to my PARTCOR class if a
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working in partnership with others is important for children and young people Partnership is driven by a desire for collaborative advantage and can offer many positive outcomes‚ like benefits for staff and services such as less replication between different service providers. It helps them see others point of view and it keeps them from being selfish‚ it helps young people interact with others to achieve a goal‚ and it helps them develop socially. It’s important to work in partnership with others
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Business Environment Business environment is all about the combination of internal and external factors that may influence a business’ ways of operating such as: clients‚ suppliers‚ its competitors... stakeholders decide to start a business for many reasons: to pursue an interest or a hobby‚ mainly: to be their own boss. In other terms‚ people think that being your own boss‚ mainly as a sole trader gives you many opportunities although there are drawbacks as well. They also have interest in business
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P1-Describe the type of business‚ purpose and ownership of two contrasting businesses Range of different businesses There are different types of business‚ from local to global. Local businesses are those that set up in local towns. The businesses that start to expand across the country are considered to be national. When business starts to sell goods abroad it becomes international. Businesses that spread across the globe are called global businesses. The table below shows examples of each type
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always been the company’s foundation or structure. There are many structures for a business that will provide both advantages and disadvantages. This paper will discuss each structure. Business Structure There are three types of business structures‚ partnership‚ sole proprietorship and a general corporation. Each structure has its disadvantages and advantages but the key is doing the research to determine which business structure will be suitable for your business venture. Many people may not be interested
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additional capital and would lessen the work of operating two stores in separate two separate cities. In regards of the organizational structure‚ Mr. Paul planning to create a holding company with him as a sole owner and his two friends would be the limited partners. The body Shop Canada has two available franchise in City A and City B. Each city has its own advantages and disadvantages. Before jumping into any decisions‚ Mr. Paul has been informed with a new regarding the Goodwill cost for each city
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A4060519 Student´s Name: Michael Wanderley Mallmann Spanholi Business Environment LO1. Understand the organizational purposes of businesses 1.1 Identify the purposes of different types of organisation The UK legislation allows different types of legal structures to do business in its area. In the private sector‚ the following forms of companies can be seen: Sole trader is a business owned by an individual who is self-employed‚ but staff can be hired on either a full-time or a part-time
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successful supply chain partnership elaborated by authors Douglas Lambert and Michael Knemeyer‚ they cited the processes between Wendy’s International and Tyson Foods to analyze faulty and precise managing of supply chain partnerships. Supply chain involves the network of interconnected businesses involved in the ultimate provision of product and service packages required by end customers‚ effective management of the supply chain focus on valuable supply chain partnership‚ that if taken for granted
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