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Welcome to the book on Management. This book presents basic business concepts and form of business firms. The goal of this book Business and Form of Organization is to make the concepts and types of organizations understandable to the undergraduate and senior secondary education level students. The content for this book is written keeping the NCERT standards in mind specifically while mentioning subtopics. This book is also useful for other management courses in Indian and foreign universities. Through its content, students will attain the required knowledge to perform in the competitive workplace. It presents a basic introduction of business and various firms like Sole Proprietorship, Partnership, Joint Hindu Family Business, Co-operative Society and Joint Stock Company. By reading this book, readers will take advantage of the handy information for both the purposes, i.e., written examination and/or corporate world. It will be easy for them to decide which type of business is more suitable based on their respective personalities and this way, they will be able to invest in a more confident manner. The book has been written with special focus on the language used keeping in mind the comfort level of all stages of readers.
Strategic Management (2020) is a 325-page open educational resource designed as an introduction to the key topics and themes of strategic management. The open textbook is intended for a senior capstone course in an undergraduate business program and suitable for a wide range of undergraduate business students including those majoring in marketing, management, business administration, accounting, finance, real estate, business information technology, and hospitality and tourism. The text presents examples of familiar companies and personalities to illustrate the different strategies used by today's firms and how they go about implementing those strategies. It includes case studies, end of section key takeaways, exercises, and links to external videos, and an end-of-book glossary. The text is ideal for courses which focus on how organizations operate at the strategic level to be successful. Students will learn how to conduct case analyses, measure organizational performance, and conduct external and internal analyses.
In short, uncomplicated chapters, this volume walks readers through business organizations--sole proprietorships, partnerships, LLCs, and corporations (including not-for-profits)--from formation to dissolution. The essential elements of ways to do business are explored through examples of articles, agreements, resolutions and a state-specific chart of statutes. It includes drafting tips, checklists, and essentials of how to form, operate, maintain, merge or dissolve business organizations. Basic Concepts of Agency. Types of Business Organizations. The Sole Proprietorship. The General Proprietorship. The Limited Partnership. The Registered Limited Liability Partnership. The Corporation. Creation of the Corporation. Getting Underway. Shareholders and Shares. Directors and Officers. Operation of the Corporation. Dissolution of the Corporation. The Limited Liability Company. Changes in Corporate Structure. The Corporate Paralegal. Ethics.
(Black & White version) Fundamentals of Business was created for Virginia Tech's MGT 1104 Foundations of Business through a collaboration between the Pamplin College of Business and Virginia Tech Libraries. This book is freely available at: http://hdl.handle.net/10919/70961 It is licensed with a Creative Commons-NonCommercial ShareAlike 3.0 license.
According the United States Small Business Administrationâe(tm)s most recently released date, there are more than 9 million small businesses in the United States and almost 250,000 new ones started every year. Of those new businesses, half will fail in the first 12 months and part of that failure is due to the lack of information about how to start and develop that business. Without the right legal form of business, you may end up paying too much in taxes, failing to comply with certain laws, or miss out on certain breaks that you deserve. This book provides you with a complete guide, discussing all four major forms of business, which one is right for you, and how your decision may affect you in the future. The first thing you will read about is the list of non-legal issues you need to deal with before you start the business creation process. In addition, you will learn which form of business is ideal for your particular situation with a short overview of each type, a comparison of what each offers, and how the legal implications of each might apply to you. You will learn specifically how to choose between an LLC and a corporation in instances where it might not be immediately clear which is best for you. You will also learn which special business structures are best suited to your needs if you do not fit into any of the four primary categories. The process of structuring a partnership is outlined, along with how to create a written agreement and how to change a partnership after the business has been created. You will also learn how to create a corporation, including the structure you will use, how to establish financing, the compensation you will provide yourself, whether you need a lawyer, the 13 step process of starting and filing your corporation, and what you need to do immediately afterwards. The number of members needed to create an LLC is provided as well, along with how to structure management and determine financing and compensation. Hours of careful interviews were conducted with successful small business owners and legal experts to help create a comprehensive collection of materials that will guide you through the processes above, as well as how to handle transition of ownership and the extended process of naming your business âe" including the legal implications of this process, what you need to know about trademarks and service marks, how to protect your own trademarks, and where to do name searches. The licensing and permit processes, as well as the tax structures for each business type, are included for federal, state, and local laws, while additional information is provided on how to build your home-based business as opposed to one in a physical location. If you are looking to create a new business and do not know which format is best for your needs, this book will walk you through each step of the selection process, making sure your new business meets all applicable laws and regulations.
Now in its Seventh Edition, Fundamentals of Business Organizations for Paralegals by Deborah E. Bouchoux offers concise coverage of every form of business organization in the United States. In a readable and concise format, Fundamentals of Business Organizations for Paralegals discusses the nature of each form of business; the advantages and disadvantages of each type of organization, business operation and management; transferability of ownership; formation and dissolution of the business; and the tax implications for each type of organization. With a straightforward treatment of all pertinent topics, Deborah E. Bouchoux expertly balances substantive discussion with practical guidance for the paralegal. Enhanced by excellent pedagogy, the text engages students with the material and ensures comprehension of key topics. New to the Seventh Edition: All new case illustrations and end-of-chapter discussion and Net Worth questions New and updated charts Discussion of the Corporate Transparency Act of 2021 Discussions of the shift away from the shareholder primacy doctrine to a new standard for corporate responsibility in which the interests of other stakeholders are considered when corporations take action Examination of green and social bonds, by which corporations fund eco-friendly projects or raise funds for social projects such as affordable housing An entirely new section in Chapter Ten on governance trends, especially ESG issues, such as improving diversity in the boardroom and proposals to combat climate change The effect of the #MeToo and Black Lives Matter movements on businesses The significance of the COVID-19 pandemic in various business-related issues Professors and students will benefit from: Thoughtful text tailored to a shorter course Timely coverage of new trends and topics Excellent pedagogy and well-written text make a dense topic accessible Helpful visual aids and charts that illustrate and highlight important topics Sample forms that appear in context throughout the book Discussion of the role of the paralegal in each chapter
Business Organizations for Paralegals offers comprehensive overview of business organizations for paralegals, presented in a student-friendly format. Its coverage of all the various types of business organizations provides a basic and thorough understanding without overwhelming students. Key Features: Thorough and meaningful coverage of each type of business entity, discussing the nature of the business entity, the advantages and disadvantages of each type of organization, business operation and management, transferability of ownership, formation and dissolution of the business, and tax implications for each type of organization A “life-cycle approach” that follows each type of organization from its formation to its operation, dissolution, and tax consequences Helpful visual aids and charts that illustrate and highlight important concepts Practice Tips, sample forms, key terms, discussion questions, and a useful glossary Internet resources for additional information, forms, and agreements The role of the paralegal, with descriptions of tasks assigned to paralegals by topic Highlights from the Eighth Edition: How the 2017 Tax Cuts and Jobs Act affect pass-through entities and corporations The impact of the U.S. switching from a worldwide tax system to a modified territorial system New trends in corporate law, such as inversions, mechanisms to deter inversions, and the use of cryptocurrencies in initial coin offerings New trends in mergers, including the use of “no shop” provisions and “break-up” fees in merger agreements Expanded coverage of securities issues, such as using Regulation A+ to raise capital; “Up-C” as an alternative to the traditional IPO; the emergence of “unicorn companies”; and the SEC’s new Cyber Unit that targets cyber-related misconduct in the marketplace Four methods of shareholder voting: majority, plurality, plurality plus, and consequential voting New trends in corporate governance and shareholder proposals Fresh case illustrations throughout the text New and updated sample forms and charts
Business Organizations Law in Focus, Second Edition provides a thorough introduction to the key attributes, advantages, and disadvantages of every form of for-profit business organization in the United States, including: partnerships, limited liability companies, and corporations. The practice-oriented approach of the Focus Casebook Series elucidates the legal and practical aspects of business organizations through real-world scenarios that provide numerous opportunities for students to apply theory to practice and solidify their understanding of key concepts. Clear exposition and Case Previews support independent learning and focus case analysis. New to the Second Edition: Significantly more editing of cases with an eye towards making case excerpts shorter and more accessible to students. Expanded coverage of LLCs in Chapter 12, including a newly added case and related exercises addressing the primacy of the operating agreement in LLC governance and 2019 case and associated exercises highlighting LCC dissolution standards. Newly-added cases and exercises in Chapter 9 highlighting the continued evolution of Delaware’s Caremark corporate monitoring and oversight doctrine, including references to the Delaware Supreme Court’s recent decision in Marchand v. Barhill, 212 A.3d 805, 809 (Del. 2019) reversing the dismissal of Caremark claims against an ice cream manufacturer over allegedly persistent food safety issues, and the Chancery Court’s decision in Clovis Oncology, Inc. Derivative Litig., C.A. No. 2017-0222-JRS, 2019 WL 4850188 (OCT. 1, 2019) denying a motion to dismiss Caremark claims involving allegedly “serial non-compliance” with FDA protocols and regulations having to do with drug approval. An additional case in Chapter 10 that asks whether the “disrespectful and unfairly disproportionate treatment of a female shareholder by the male majority in a closely held corporation constitutes corporate oppression” pursuant to New York Business Corporation Law § 1104-a (a)(1). A new case in Chapter 10 in which shareholders of AmerisourceBergen—one of the world’s leading wholesale distributors of opioid painkillers—sought to exercise their inspection rights under DGCL § 200 to investigate whether the firm had engaged in wrongdoing in connection with the distribution of opioids. Additional and expanded references to Model Business Corporation Act (MBCA) standards across Chapters 8, 9, and 10, including expanded references to MBCA standards concerning director conflicting interest transactions, the corporate opportunity doctrine, and the MBCA’s universal demand rule for derivative actions. A new case in Chapter 3 addressing duties of loyalty and candor in the partnership context that invokes the Meinhard v. Salmon standard in a manner that is more accessible to students. Updated coverage of the proxy system and proxy regulation, securities offering rules and regs, and developments in insider trading law. New cases and “spotlight” sections that address a variety of timely issues, including “unicorns” (start-up businesses with a valuation of at least $1 billion), claims involving opioid manufacturers, and corporate governance matters involving #MeToo claims. Professors and students will benefit from: Features that engage students in applying theory to practice, such as Real-Life Applications, Application Exercises, and Applying the Concepts. Experiential exercises on drafting documents and preparing appropriate filings. An overview in Chapter One of the various forms of business organization and their key attributes, advantages, and disadvantages. An emphasis on contemporary principal cases and issues that resonate with today’s students and fuel class discussion. Clear exposition of legal principles means students can absorb assigned reading on their own, and professors don’t have to explain it from the lectern in class. Attention to attorney ethical issue and rules that commonly arise in the representation of business entities. The online ascii art generator can convert text to multiline text boxes. Try it now.