Business Types of Ownership Before starting any venture it is very important to figure out how the organization is going to build its chain of command. Basically no business is made for short time and for this reason a very careful measurement should be done on ownership. Choosing the appropriate ownership in an organisation depends on nature of business‚ type of authority‚ delegation of work‚ span of organization‚ type of product‚ production and operation‚ legal procedure‚ financial matters and
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The sole proprietorship is the simplest form of business organization. A sole proprietorship is a business that is owned by an individual who is solely responsible for all aspects of the business. The owner is personally responsible for all debts of the business‚ even in excess of the amount invested. The business and its owner are thus considered the same entity. The advantages of a sole proprietorship include: a. Low start up costs‚ as legal and filing fees are at a minimum. However‚ many
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services or undertake a new business endeavor. The purpose of a feasibility study is to determine if a business opportunity is possible‚ practical and viable. When faced with a business opportunity‚ many optimistic people tend to focus on just the positive aspects. A feasibility study enables a realistic view at both the positive and negative aspects of the opportunity. A feasibility study is an important tool for making the right decisions. A wrong decision often leads to business failure. For example
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Oaklyn Public School Content Area: English Language Arts Unit Title: Types of Nonfiction: Essays‚ Articles‚ and Speeches Grade Level: Ninth Grade Unit Summary: This unit will revisit the genre of nonfiction with an emphasis on the reading of essays‚ articles‚ and speeches. The unit will reinforce the premise that the concepts and evidence presented by writers of nonfiction are factual‚ even though the writer may include anecdotes that are fictional‚ ideas that are personal‚ or language
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governed by special laws. A proprietorship is a type of business entity which legally has no separate existence from its owner. Hence‚ the limitations of liability enjoyed by a corporation and limited liability partnerships do not apply to sole proprietors. All debts of the business are debts of the owner. The single proprietor has unlimited liability since creditors of his business may proceed not only against the assets and properties of his business but also after his own personal assets and properties
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BUSINESS LAW FINAL EXAM This is a take-home exam. The exam is to be handed out on July 26‚ 2012 and returned on July 31‚ 2012 on the final exam time. The group leader will assign each group member a question and each group member will answer the question and return the answer to the group leader. The group leader will grade each member in terms of cooperation and totality of the answer. The group leader will submit a final draft on exam date (July 31‚ 2012). The final draft must be done in
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Letter of Inquiry – Training Program July 2‚ 2008 Mr. Rodrigo Rivera Personnel Director Technote Corporation 3152 Bridge Avenue Boston‚ MA 02154 Dear Mr. Rivera: May I ask a favor of you? Randy del Rosario‚ a representative of the Leverage Company‚ recently told me of your success in managing Technote’s training program for the hardcore unemployed. Our firm is presently planning such a program‚ and we would appreciate information about the mind-set section of your program. We expect to
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Student ID: 21709822 Exam: 038229RR - Microsoft Excel When you have completed your exam and reviewed your answers‚ click Submit Exam. Answers will not be recorded until you hit Submit Exam. If you need to exit before completing the exam‚ click Cancel Exam. Questions 1 to 20: Select the best answer to each question. Note that a question and its answers may be split across a page break‚ so be sure that you have seen the entire question and all the answers before choosing an answer. 1. The order of
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Michelangelo Felix Management 491-002 Final Exam FINAL EXAMINATION INTERNATIONAL BUSINESS 491-002 Due Monday May 13‚ 2013 This exam has been handed out in class and posted on the class website on April 19th‚ 2013 and is due back as an e-mail attachment in Microsoft Word or pdf format or by fax (914-923-1416) by 11:55PM on Monday‚ May 13‚ 2013. Late submissions will be downgraded!
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Carolyn Isherwood‚ ID #21108433 Exam 05002400 1478 Angelus Hill Road‚ Hemet‚ CA 92545 isherwoo@fusion.gat.com Phoenix Advertising 112 South Front Street Charlotte‚ NC 12345-6789 January 31‚ 2011 Gregory S. Forest‚ President Phoenix Advertising 112 South Front Street Charlotte‚ NC 12345-6789 Dear Mr. Forest: Until the 4th quarter of 2010 the Roanoke branch had consistently ranked in the top 90th percentile with regards to productivity. They have received numerous coveted awards including “Most Innovated
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