A limited liability company is a very common form of business organisation and the essential aspect of a company is that it is a separate legal entity from those who may own shares or be involved in the running of the company. ... Partnership Limited Liability Company Because a partnership is not a separate legal entity, the partners are personally liable for all the debts and liabilities of the partnership and therefore their personal assets are at risk in relation to business liabilities. ... Under the Partnership Act 1908 it is possible for the three partners to draw up an agreement tha...

• Word Count: 625
• Approx Pages: 3
• Grade Level: Undergraduate

The main disadvantage of licensing is the risk of possibility of losing control over the assets in which the licensor has given the licensee. ... FDI involves large amounts of investment which is usually very risky unlike exporting and licensing which tends to have less risk. This risk is usually due to the state of the country in which the company is investing in, for example, the countries economy. ... However there are many disadvantages to FDIs, they major disadvantage being the high risk compared to other modes of entering foreign markets. ... A strategic alliance is a business relationsh...

• Word Count: 2198
• Approx Pages: 9
• Grade Level: Undergraduate

Corporate governance also includes the relationship among the many players involved ie the stakeholders and the corporate goals. ... Its goal is to ensure that the investment in IT generates value and reduces the risks that are associated with IT projects F. ...

• Word Count: 586
• Approx Pages: 2
• Grade Level: Undergraduate

Individuals run the risk of exploitation in various forms, workers can have little power over wages locally in a global market and many workers are forced out of jobs for lower paid workers and even modern-day slaves. ... The social construction of the personalities of the poor encourage welfare reform and discourage the families involved in the welfare system. ...

• Word Count: 951
• Approx Pages: 4
• Grade Level: Undergraduate

IFAC 2012, to promote the development of emerging economies a globally consistent effective and integrated governance, risk management, and internal control arrangements for organizations is required Saumya Jain and Narander Kumar Nigam (2014) studied "Companies Act, 2013 – A New Wave in Corporate Governance" & found that The Act makes sweeping changes in the corporate governance system of the country and indicates the intention of the government to move from control and command regime to placing the onus on those entrusted with the governance of the company. ... If they do so,...

• Word Count: 1427
• Approx Pages: 6
• Has Bibliography
• Grade Level: Undergraduate

As Pfizer, a multinational corporation, we have certain ethical responsibilities. There are two traditional stakeholder theories by which my company may operate. One is the ownership theory. The ownership theory is mainly focused on making a profit: maximizing shareholder returns and making as mu...

• Word Count: 3015
• Approx Pages: 12
• Grade Level: Undergraduate

There are changes to the documentation involved in such a process and the rules of such. ... Again this leads to companies neglecting company law requirements, risking fines or other penalties including disqualification/restriction of the directors in future. ...

• Word Count: 2421
• Approx Pages: 10
• Has Bibliography
• Grade Level: Undergraduate

Instaplast, the most advanced packaging company in Pakistan currently, the dream of Instaplast started in 2004 headed by my father Shahid Sattar and his two brothers Abid Sattar and Mustafa Sattar. Shahid Sattar being the eldest of the brothers and having invested the most money in the company has 50% shares while also being the Chairman of the company. Abid Sattar and Mustafa Sattar both have 25% shares respectively while being appointed roles in the company. Abid Sattar is the Deputy Chairman while Mustafa Sattar is the Chief Executive Officer. Instaplast is a Private Limited Company with Sh...

• Word Count: 2525
• Approx Pages: 10
• Grade Level: Undergraduate