Types of Private Sectors | Advantages | Disadvantages | Features | Sole Traders | * It is easier to set-up a business. * You can make all the decisions * You keep all profits the profits. * Accounts and records can be kept private. * They can provide specialist services. * They can also respond to customer’s needs and queries faster. | * They have unlimited liability. * Money can become very difficult to obtain. * Costs and prices are usually higher than the competition
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that employees are able to meet the organization’s goals and as the time goes by it becomes more important than ever to every organization. Our company is no exception. In the business world today‚ I believe that as HR people‚ our jobs are more than just to prepare payroll or do other administrative works. It is our duty to design a system to make use of the human talents in our company effectively and efficiently with the purpose to fulfill our organization goals. There any many employees who
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_____________ SERVICE SECTOR - CURRENT MARKETTING NATURE INTRODUCTION Services are deed process and performance. Service includes all economic activities whose output is not tangible. The world economy nowadays is increasingly characterized as service economy .As today more than 70% of world economies income and employment is contributed by services sector and p their major contribution to the GDP in developing countries. Service marketing refers to the marketing of services as against tangible
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get especially when we retire. The topic of my paper is “We do not need a retirement plan because social security will cover our needs when we retire. This is a topic that I strongly disagree with; Social Security alone will not be enough to cover our needs when we retire. Social Security or SSI is a program financed through general revenues; it is designed to help adults who are blind‚ the elderly and disabled people who have little or no income. SSI provides cash to meet basic needs for food‚ clothing
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Many countries all over the world are contemplating in the process of raising the retirement age for their national systems. Some countries have already taken steps to address the issue. From 2009‚ Singapore began raising the age from 55 to 65 within the next couples of years. In the U.S and Germany‚ workers can plan to retire at 67 as late as 2050‚ and in Japan and Mexico at 65. Italy and Denmark are the only two countries which are expected to raise their pension age to 69 by 2050. Proposing an
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Obligations of Employers and Employees | Introduction Statutes and their regulations and common law determine the rights and obligations of employers and employees to each other and may differ from state to state. Employers and employees have an "employment relationship" that is sometimes referred to as a contract of service.When an employee accepts employment‚ that individual agrees to work for some form of payment‚ such as wages‚ salary‚ commission‚ and pierce rates. An employer also has rights
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Characteristics of a private sector? 1.these businesses are owned by ordinary people 2.get loans from the commercial banks and savings 3.maximizes profit 4.import and export goods for public 5.provide both goods and services. From Wikipedia‚ the free encyclopedia Jump to: navigation‚ search Public services is a term usually used to mean services provided by government to its citizens‚ either directly (through the public sector) or by financing private provision of services. The term is associated
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100 YEARS OF INDIAN CINEMA Indian Cinema has now completed 100 years on April 21‚ 2012‚ a country where over 1‚000 films are made every year‚ in several languages. During these long years Indian cinema has broken many new grounds and established several milestones. The Times of India‚ India’s major newspaper then‚ hailed it as "the marvel of the century". As writer and essayist Mukul Kesavan wrote‚ "The art of the cinema was fashioned in India at the same time as it was developed in the West". The
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The impact of communications technology over the last one hundred years on The World. In the beginning came the telegraph. This form of communication was invented in the 1830’s in the U.K. The first proper telegraph was not sent until 1845 in the U.K. This led to significant news being able to be sent to a recipient in a short space of time rather than by the old lengthy means of post. During the Second World War the service had to be suspended though. By this time new forms of communications
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The Post Retirement Benefit of Pension Plans Marcus Womack Intermediate Accounting II (ACC 306) Professor Rick Kwan September 29‚ 2010 There are several different types of employment compensation. Salaries and wages that people earn while they are working provide immediate compensation for services provided and are a key factor in managing one’s day to day life. However‚ there are also various types of compensation that one can earn from employment after they have retired from a company.
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