Entity-relationship model

5. Recommendations for Mehta: Mehta is the only person who has connection with both the groups such as the Bonazzi and Indo group. Mehta being the CEO of Bonazzi is appointed for a purpose. He should understand the Indo group and share his views to the Bonazzi Goup and vice-versa. He can think from both their views and make the best decisions. HE should create, communicate and execute a clear vision, strategies and goals so that the future of the Joint Venture is bright. He also should make…

Monopoly situation exists when there is a single supplier of a unique product that has no close substitute. For example, Sky had a monopoly over the live football coverage. According to the 1998 Competition Act, abuse of dominant power means that a firm can 'behave independently of competitive pressures'. (Source: economicshelp.org) P MC…

In 2002 the introduction of the concept of single member company is to facilitate sole proprietorship to get corporate status, giving them certain privileges. Single Member Company: It is a company which is formed by a single individual, limited by shares with one member. It is a subclass of a private company. In SMC there is one owner and also a single director which is owner. They required auditor under role of 1984. The secretary can be a member other than the secretary. They have various…

the company are using the incorporation of the company to deliberately frustrate a legal obligation. A veil was described as a wall between the company and its shareholders. Hence, once a limited liability company is created as of the separate legal entity principle, the veil of incorporation will be created between the personal assets of the members and the assets of the company. There are three exception circumstances which the veil of incorporation will be lifted which include the corporation…

A corporation is directed by a Board of Directors. There are stocks, which are remaining assets of the corporation that would be due to stockholders, which fluctuate in value according to the profits or losses of the corporation. Corporations pay a different tax rate then companies and individuals. A limited liability company (LLC) does not have stockholders, it is comprised of members that have an interest in the company but do not have any personal liability if the company were to be sued.…

The goal of maximizing shareholder wealth means that the goal of the company. Is fundamental to business goals to create value for the shareholders of the company are also owners of the company. The relationship between financial decision - making, risk and return. Financial decisions – making is money or not invest in certain securities. It depends on the risk and the return of security in particular. There is a correlation between risk and return, which is higher than the risk ratio will…

Noor Rizwan Sole proprietorship . A sole proprietorship is a form of business where there is only one owner, and there is no legal distinction between the business and the owner. Let's look at what operating as a sole proprietor means for Beth. Advantages of Sole Proprietorship Operating as a sole proprietor offers some distinct advantages for Beth. It's a pretty simple and easy type of business organization to manage. As we mentioned earlier, there is no legal distinction between her and…

A company is recognized as a separate legal entity and yet in reality, it is an association of persons who are in fact beneficiaries of the corporate property. It is therefore understood that corporate personality of the company can be used as a medium of committing fraud or illegal acts. Now, there is arises a paradoxical problem pertaining to the important legal question : Who accords for the liability? Who can be held responsible? The notion of corporate personality does not obviously…

,( A) KALLESI MACTAVISH V MAYA STORK In this case Kallesi Mctavish who is the owner of establishment is the principle and Maya Stork the manager of the hotel is the Agent who orders supplies to the hotel. The suppliers are known as the third party. Maya stock as an agent is not allowed to order any expensive shampoo and shower gels as well as any supplies that are over £150 without kallesi’s approval since she is the principle. All the standard suppliers to the hotel are mindful of this…

Chaymae Essaid 61418 February 2, 2016 Public Limited Corporation (La société anonyme) The public company is a business company by its form with any possible purpose. It is made for the large companies and the associates, called shareholders, which are responsible for the social debts only concerning the amount of their contributions. The legal characteristics of the company is very marked, its operation is narrowly regulated by law 17/95 of the 8/30/96 published in the B.O. n° 4422 of the…