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Objectives of business
...Objectives of Business means the purpose for which the business is established. It is generally believed that the main objective of business is ta make profit and avoid loss. We do admit that profit is a driving force in undertaking any business activity but it is not the sole objective of any business. In the words of Urwick “earning of profit cannot be objective of a business any more than eat.... 
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Sole proprietorship and its characteristics
...Introduction The individual proprietorship or sore proprietorship is the oldest form of business organization. It is as old as the civilization itself. Historically, it appears that business started first with this form of organization. It is the simplest and natural type of organization. Sole proprietorship is also called individual proprietorship, or one man business. Sole proprietorship is a fo.... Read
Kinds of partners
... liability is unlimited in the f General partners are of two types (a) Active partner, and (b) Sleeping partner. (a) Active Partner A partner who takes active part in the day to day management of the business is cared an active partner. An active partner (also called working partner) may work in different capacities such as manager, organizer, adviser, controller of all the affairs of the firm. Th.... Read
Importance of business in the present day world
...The importance of business is that it provides products or services to customers. These products or services in the present day world are provided by entrepreneurswho organize, manage and assume the risk of starting businesses mainly for earning profit. Business makes the best possible use of scarce resources such as men, machines and materials for the production of goods. The importance of busine.... Read
Memorandum of association
...ment.2. Object Clause:This clause is quite important and must be very carefully drafted as it determines the activities of the company. In the object clause each and every detail of activities of the business to be carried out must be laid down. Once the object clause is completed, it becomes very difficult to make any amendment. The value of the shares, the allotment money must be given in detail.... Read
Salient features or characteristics of partnership
...Definitions of Partnership. A partnership is an association of two at more persons to carry on as co owners of a business and to share its profits and losses. Section 4 of the Partnership Act defines partnership as “the relation between persons who have agreed to share the profits of a business carried on by all or any one of them acting for all.” ‘Persons who have entered into partnership w.... Read
10 most overlooked tax deductions
...eage rate for charitable organizations), as well as receipts for parking and tolls. Washing Away Tax Liability It's easy to remember to deduct the cost of plane tickets and hotels when you travel for business, but you've got to look snappy when you're networking out of town, and that often means sending suits to the cleaner. Hang on to laundering receipts and you can clean up when the total pushes.... Read
Business organization nature and scope
...Meaning of Business OrganizationBusiness organization is composed of two words, business and organization. In order to understand the nature of business organization, it is necessary that the meaning of these two words is made clear to the readers.(1) BusinessBusiness is a human economic activity. It involves continuous and regular production and distribution of goods and services with a view to e.... Read
Merits and demerits of partnership form of organization
...What is partnership?Partnership is an association of two or more individuals (but not more than 20) who agree to share the profits of a lawful business which is managed and carried on either by all or by any, or some of them acting for all. According to Haney, “Partnership is the relation between persons competing to make contract who agree to carry on a lawful business In common with a view of .... Read
Types of cheques
....(iv) Payment by cheque can serve the purpose of receipt also.(v) There is saving in the use of currency notes by the use of cheques.(v) Cheques facilitate credit which in turn helps in the growth of business in the country.
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Mutual duties rights and liabilities of partners in the absence of partnership agreement
...artners shall be governed by the Partnership Act which isas follows.General Duties of Partners Partnership Act describes the general duties of partners as under: “Partners are bound to carry on the business of the firm to the greatest common advantage, to be just and faithful’ to each other and to render the true accounts and full information of alt things affecting the firm to any partner or .... Read
Phpbb customization and phpbb application development
...know more of PHPBB customization and development.Time and cost savvy, development and handling via PHPBB customization is so smooth that could be learnt within lesser span of time to make the further business proceedings smoother, to get effective utilization dedicated service providers are always available for assistance and give the best and timely solution services at extremely affordable cost..... Read
Information about professional phpbb hosting
...dge. You can also find other sites to join using your phpbb download.
Keeping the knowledge of thephpbbin the fast passed, electronically depended world means learning to manage your own site and business. Phpbb is the basic program needed to get you up and running in numerous other web development sites. Check into the free download today and start taking control of your own life and business.... Read
Partnership distinguished from co ownership
...Meaning of Co-Ownership Partnership and co-ownership have different meanings. In partnership, there is an association of two or more, persons who carry on common business for earning profit. They share its profits and losses as per oral or verbal agreement. Co-Ownership refers to joint ownership in a property by more than one person. If two, or more persons A 6 and C, purchase a property collecUve.... Read
Quantity theory of money by irving fisher
... period the reduction in money supply or tight money policy may not bring down the price level G. Crowther is right in saying, “The quantity theory is at best an imperfect guide to the cause of the business cycle”.(6) Ignores other factors of price level. There are many determinants other than M, V, and T which have important implication on the price level. These factors such as income, expend.... Read
Partnership agreement deed
...rights, duties and liabilities of the partners in the conduct and management of the affairs of the partnership. It may also be referred to as articles of partnership” containing the name, nature of business, capital, duration of the firm, etc. Need and Importance of Partnership Deed. It has been observed that partners start bickering and quarrelling after (he firm has worked for some time. It i.... Read
Prestige tranquility bangalore lavish apartments
...ith other additional towards vision of floor premium, deposits and taxes as applicable. The offered amenities presented by this group is Acres of Green, close proximity to malls, beautiful landscape, business centers, International schools and the proposed 4 Lane National Highway symbolizing the combination of peace and tranquility within the city life.
Features
Swimming Pool
Gymnasium
100.... Read
What is bolt on
...Bolt-on is an artificially intelligent, comprehensive execution system providing very specific functionality or technology to complement ERP systems. Bolt-ons employ client-specific business rules to meet unique needs. There are many useful applications of this type. The usual means of connection to other organizations with ERP systems is through software components.
Most software has historicall.... Read
One man control is best in the world
...What is Meant By One Man Control? One man control or one man business (also called sole proprietorship) is the simplest form of business organization. The description ‘One man business’ or ‘one man control’ is sometimes con as misleading one, as there may be more than one persons working as employees in the business. The essential condition of one man control or one man business is that it.... Read
Easily find student home with gohaven
...nd how important it is for students to fully trust in a reliable and responsive service which is available 24 hours a day, seven days a week. They can offer student to complete peace of mind as their business is conducted in full accordance with the latest legislation and industry developments, and they are accredited members of the UK Association of Letting Agents (UKALA). Any Renting provider mu.... Read
