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Revised Curriculum and Credit Framework of Under Graduate Programme, Haryana According to KUK University Syllabus as Per NEP-2020
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Business organizations can take various forms, each with its own legal and operational implications. Here are some common forms: Sole Proprietorship: A business owned and operated by a single individual. It's the simplest form of business organization, where the owner has complete control and receives all profits but also bears all liabilities. Partnership: A business owned and operated by two or more individuals or entities. There are several types of partnerships: General Partnership: All partners share in profits, losses, and management responsibilities. Limited Partnership: Partners have limited liability but also limited involvement in management. Limited Liability Partnership (LLP): Partners have limited liability for the debts and obligations of the business. Corporation: A legal entity separate from its owners, known as shareholders. Corporations can: Issue stock to raise capital. Have limited liability, where shareholders are only liable for their investment. Be taxed separately from its owners (double taxation), though certain types of corporations (S corporations) can avoid double taxation by passing income and losses through to shareholders. Limited Liability Company (LLC): Combines elements of partnerships and corporations. LLC owners are called members and have limited liability while enjoying the flexibility of partnership-style management. Cooperative: Owned and operated by a group of individuals or businesses for their mutual benefit. Profits and control are shared among the members based on their participation. Nonprofit Organization: Operated for purposes other than profit-making, such as charitable, educational, or religious purposes. They can take various legal forms, such as trusts, associations, or corporations. Joint Venture: A temporary partnership between two or more parties for a specific project or business activity. Choosing the right form of business organization depends on various factors including liability considerations, tax implications, management preferences, and the nature of the business itself. Consulting with legal and financial advisors is often recommended to make an informed decision.
An excellent book for commerce students appearing in competitive, professional and other examinations. 1. Business–Meaning, Definition, Elements, Nature and Object, 2. Business Organisation : Importance and Forms, 3. Sole Proprietorship, 4. Partnership Organisation, 5. Joint Stock Company, 6. Incorporation of a Company, 7. Co-operative Organisation or Co-operative Ownership, 8. Public Enterprises, 9. Size of Business Unit, 10. Management and Administration, 11. Organisation : Meaning, Objects and Principles, 12. Types of Organisation, 13. Business Combinations, 14. Scientific Management, 15. Rationalisation, 16. Employee’s Remuneration, 17. Sources of Finance, 18. Stock Exchange, SEBI, NSEIL and OTCEI, 19. Produce Exchange, 20. Plant Location.
With a user-friendly style and a strong theoretical base, Business Organisation for Construction provides readers with the tools required to skillfully and successfully operate a business in today's construction industry. Arranged into three sections, Chris March explains: strategy and vision, business finance and the market place the organization, recruitment, support, motivation and leadership of people communication and negotiation. With a wealth of practical construction industry experience, March provides rich anecdotal evidence to enlighten the theory, as well as illustrations and tables to clarify. Available singly or as part of a set, Business Organisation for Construction is a valuable resource for construction students.
1. Business Organisation—Nature and Importance, 2. Management, Administration and Organisation, 3. Organisation Structure and Forms of Organisation, 4. Size of Business Enterprise, 5. Sole Proprietorship, 6. Partnership Firm, 7. Joint Stock Company, 8. Formation of a Company, 9. Co-operative Form of Organisation, 10. Public Enterprises, 11. Large Scale Retailing, 12. Business Combinations, 13. Methods of Wage Payment and Incentive Plans, 14. Scientific Management and Rationalisation, 15. Stock Exchange and its Regulation, 16. Produce Exchanges, 17. Sources of Business Finance, 18. Special Financial Institutions.
This 2000 book addresses the discrepancy between the developing economy of England and the stagnant legal framework of business organization between 1720 and 1844.
1. Business Organisation : Nature and Concept, 2. Social Responsibility and Ethics, 3. Stages of Promotion of Business, 4. Sole Proprietorship or Sole Trade, 5. Partnership Including Provisions of Limited Liability Partnership Act, 2008, 6. Organisation of Co-operative Societies, 7. Company/Joint Stock Company, 8. Public Sector Enterprises, 9. Forms of Public Sector Enterprises, 10. Global Enterprises (Multinational Companies) and Public Private Partnership, 11. Business Communications : An Introduction, 12. Dimension, Directions and Channels of Communication, 13. Means of Communication : Verbal Communication, 14. SWOT Analysis, 15. Non-Verbal Communication, 16. Barriers in Communication, 17. Written Business Communication and Business : Letters, 18. Kinds of Business Letters : Request Letter, 19. Persuasive Letters : Sales Letter and Collection Letter, 20. Modern Forms of Communication, 21. International Communication Adapting to Global Business, 22. Group Communication Network, 23. Business Survey Report, Examination Paper.