Types of business entity

1.1 The purposes of different types of organisations considering their legal structure and types One of the most important decisions that any business would make at its inception will likely be the decision on the type of legal structure to use because the legal structure will determine a lot of things. For example, it will determine the amount of tax to pay, the kind of paperwork that will be needed and even the capacity to raise finances as well as the personal liabilities that you might have…

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…

In this final discussion, we are asked to evaluate business start-up options for Shania Jackson. Shania is a mature Christian. She has a desire of opening a coffeehouse. Shania seems to have the support of her husband, sister, and neighbor, but in varying degrees of commitment and perspectives. Shania’s husband is willing to invest capital, but not help in the day to day operations. Her sister, a new Christian is eager to participate in the business, but her husband is completely against the…

amount of data which created high demand on Big Data analytic. 6.External to organization: The ability on Big Data analytic usually comes from IT companies outside the organizations, therefore, they do not have the control on it. It triggered business entities to develop their own capability on Big Data analytic to reduce dependency and increase control. 7.Importance of unstructured data: The characteristic of unstructured data which either does not have a pre-defined data model or is not…

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…

the relative size, management control and ownership of the combined business. Mergers is defined as two separate companies pooling their resources into a single entity and become common shareholders. The shareholders of pre-merger companies have a shared in the ownership of the merged business. In contrast, acquisition is defined as where a company or party makes an offer to acquire all the shares or acquire the entire business undertaking by the company. Acquisition is takeover of the ownership…

There is something to be said about with whom a person goes into business. In the 1980’s, my brother and two friends formed a partnership doing surveying in Colorado. Shortly after getting established, the two friends ousted my brother and took all of the money. There was an IRS audit in which a gain was determined, and my brother was included in the assessment. He quietly paid it, then one day, he received all of his money back; his “friends” paid the assessment not knowing it was paid. We…

Walexron is large, multi-faceted and multi-national corporation. Large corporations regularly deal with ethical and legal issues, and often have their own guidelines and procedures in which they deal with these issues. Each case is different, and will rely on corporate law, guidelines and procedures to determine the outcome of each case. In the case of Manual Perez, he is arguing that he was wrongfully terminated due to complaining about illegal practices in which Walexron engaged.…

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In the modern world, there are many different countries with different systems of government. In Aldous Huxley’s utopian world, there is only one country, the “World State,” and one government, led by Mustapha Mond and the world controllers. This government system works and runs as a well-oiled machine with very little disruptions, which contributes to its success as a government. For the people of this “World State,” their government and habitations are a utopia, as is evident through the…