Limited

Because of Pete’s fear of “going it alone,” we can take sole proprietorship out of the equation. I would advise Pete to choose the limited liability partnership. Primarily because it is pretty much just a partnership expect that an LLP partner has no liability for most LLP obligations, however, an LLP partner retains unlimited liability for his own wrongful acts. In addition, it is the preferred form of business for professionals (pg. 956). As an LLP, Pete gets exactly what he wants. Pete and…

Methodology: On the production line for checking the quality there were three persons but the rate of rejected products were high. The products were tested and pass through but the rate of rejection were in increasing order. Case study: In Millat Equipment Limited (MEL) the axial housing line, hydraulic pump assembly and Cylinder block line was able to produce 10 products per hour. The shift of each production line is 8 hours so in theory the line should make 80 products in that time. In the…

According to World Intellectual Property Organization, a trademark can be defined as "any sign that individualizes the goods of a given enterprise and distinguishes them from the goods of its competitors." The trademark of Magic Wand Remote Control will be the diagonally slanting picture of a magic wand in a rectangular box. The rectangular box will also display the small pictures of electronics and electrical items in the background. The trade mark will connect to the potential customers as…

Bruce Power Limited Partnership is a Canadian business partnership that consists of TransCanada Corp., Borealis Infrastructure, The Power Workers’ Union and The Society of Energy Professionals (Bruce Power, 2015). It operates one of the largest nuclear facilities in the world and is Canada’s only private sector nuclear generator that powers over a quarter of Ontario’s electricity. This facility is headquartered on Lake Huron in Tiverton, Ontario and houses two nuclear generating stations, known…

The Roots of Limited Government- The Roots of Limited Government article is written by the late Alan Barth, a long-time editorial board member of The Washington Post. In it he discusses how the United States is guided by key documents including the Constitution, the Bill of Rights, and the Declaration of Independence. These documents serve to limit the government 's power, as the authors sought to ensure that the United States would be free from English rule. It stems from the belief that a…

classified into three types firstly manufacturing raw materials, secondly producing finished goods and thirdly providing business services such as British Airways.BA which was a state undertaking previously, which was later converted to a company with limited liability(whose shares are listed in the share market) after privatisation in…

FINDINGS: Volvo India Private Limited one among the leading manufacturers of the construction equipments, import the spare parts needed in the production of their heavy power machinery from their own sibling office situated at Changwon, Korea. The study was based on the imported materials and the amount of custom duty paid by the India office to import materials at the Custom Port or Area.Analysis was done for 10 Bill of Entrys of the 2014, which totally had 1196 spare parts imported overall.…

drops in commodity costs and instability in money and financial markets. BHP Billiton works under a Dual Listed Company (DLC) structure, with two parent organizations BHP Billiton Limited and BHP Billiton Plc worked as a solitary financial entity, keep running by a unified Board and management group. BHP Billiton Limited has a main listing on the Australian Securities Trade (ASX) in Australia. BHP Billiton Plc has a premium listing on the UK Listing Authority's Official List and its ordinary…

This report presents an analysis of the cause of a drop in profits of Works Limited and evaluates the possible solutions for this problem. Various research methods used to collect data and analysis include questionnaires, interviews and observation. The findings are then analyzed in a table in order to arrive at the optimal solution. The results show that promotion is the best solution to increase employees’ morale that will result into the improvement of many other aspects such as productivity…

Free Enterprise System Free enterprise is a system where the government has very few limitations on business activities and ownership. In this system this government has minimal ownership of an enterprise. The U.S. economic system of free enterprise operates according to five main parts: the freedom to choose our businesses, the right to private property, the profit motive, competition, and consumer sovereignty. In free enterprise you have a right to own and do all of the main parts the the…