Dr. Ali Hamad Al-Badi is an Assistant Professor and Head of the Department of Information Systems at Sultan Qaboos University in Oman. He has over 19 years of experience in information technology and obtained his B.Sc. in Computer Science from Reading University in the UK in 1991. His research interests include web usability, security, and portal development. He has authored publications on topics like portals adoption in the public sector.
This presentation is about various Forms of Business Organisations and their features, merits and demerits. It also guides an entrepreuner on how to make a choice among various forms of Business Organisations.
Types of Business Organization, Meaning of Business Organization, Characteristics of Business Organization
Forms of Business Organization
Sole Proprietorship
Meaning of Sole Proprietorship
Features of Sole Proprietorship
Merits of Sole Proprietorship
Demerits of Sole Proprietorship
Hindu Undivided Family
Meaning of Hindu Undivided Family
Features of Hindu Undivided Family
Merits of Hindu Undivided Family
Demerits of Hindu Undivided Family
Partnership
Meaning of Partnership
Features of Partnership
Merits of Partnership
Demerits of Partnership
Types of Partners
Company
Meaning of Company
Features of Company
Merits of Company
Demerits of Company
Types of Companies
Limited Liability Partnership (LLP)
Meaning of LLP
Features of LLP
Merits of LLP
Demerits of LLP
Co-operatives
Meaning of Co-operatives
Types of Co-operatives
Features of Co-operatives, Merits of Co-operatives
Demerits of Co-operatives
Multi-National Corporations
Meaning of Multi-National Corporations
Features of Multi-National Corporations
Merits of Multi-National Corporations
Demerits of Multi-National Corporations
This presentation is about various Forms of Business Organisations and their features, merits and demerits. It also guides an entrepreuner on how to make a choice among various forms of Business Organisations.
Types of Business Organization, Meaning of Business Organization, Characteristics of Business Organization
Forms of Business Organization
Sole Proprietorship
Meaning of Sole Proprietorship
Features of Sole Proprietorship
Merits of Sole Proprietorship
Demerits of Sole Proprietorship
Hindu Undivided Family
Meaning of Hindu Undivided Family
Features of Hindu Undivided Family
Merits of Hindu Undivided Family
Demerits of Hindu Undivided Family
Partnership
Meaning of Partnership
Features of Partnership
Merits of Partnership
Demerits of Partnership
Types of Partners
Company
Meaning of Company
Features of Company
Merits of Company
Demerits of Company
Types of Companies
Limited Liability Partnership (LLP)
Meaning of LLP
Features of LLP
Merits of LLP
Demerits of LLP
Co-operatives
Meaning of Co-operatives
Types of Co-operatives
Features of Co-operatives, Merits of Co-operatives
Demerits of Co-operatives
Multi-National Corporations
Meaning of Multi-National Corporations
Features of Multi-National Corporations
Merits of Multi-National Corporations
Demerits of Multi-National Corporations
Identify and assess different core business structure of an organization and explain how these structure help to achieve the aims of the business.
Identify and compare different types of businesses.
The "Organizational Plan for Starting a New Venture" PowerPoint presentation (PPTX) provides a comprehensive overview of the strategic blueprint for launching a successful new business venture. This presentation delves into key aspects such as structuring the leadership team, defining roles and responsibilities, outlining the company's hierarchy, and establishing a clear communication framework. Through concise slides and visual aids, this PPTX offers valuable insights into building a robust organizational foundation that supports the venture's growth and sustainability, making it an essential resource for entrepreneurs and business enthusiasts embarking on new ventures.
It is the best presentation for the professional practices.
It is the best way to learn any professional topic. I think you download this and take rest .
Edexcel IGCSE Business studies: Section 1 - business and the environment in w...ma63
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Section one easy review of Edexcel IGCSE Business Studies. International GCSE. Can also be used for CIE Exams. Quick and easy reviewing. Easy to remember
27C H A P T E R2THE FINANCIAL ENVIRONMENTLearning .docxvickeryr87
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27
C H A P T E R
2THE FINANCIAL ENVIRONMENT
Learning Objectives
After studying this chapter, readers will be able to
⢠Describe the alternative forms of business organization and ownership.
⢠Explain why taxes are important to healthcare finance.
⢠Briefly describe the third-party-payer system.
⢠Explain the different types of payment methods used by payers.
⢠Describe the incentives created by the different payment methods and
their impact on provider risk.
⢠Explain the importance and types of medical coding.
⢠Briefly describe the purpose and key features of healthcare reform.
Introduction
Fortunately, most of the basic concepts of healthcare finance are independent of
the specific industry (for example, hospital versus long-term care versus medi-
cal practice) and organizational setting. However, some aspects of healthcare
finance are influenced by industry setting, while the unique ownership structure
of healthcare providers influences specific applications of finance concepts. In
this chapter, some background material is presented that creates the context in
which finance is practiced in health services organizations.
The fact that many healthcare businesses are organized as not-for-
profit corporations has a significant impact on the practice of finance. Thus,
the chapter begins with a discussion of alternative forms of business organiza-
tion and ownership. Because ownership affects taxes, tax laws also are briefly
introduced. The chapter continues with a discussion of third-party payers, the
reimbursement methods that they use, and the implications of alternative re-
imbursement methods for provider behavior. The final sections cover medical
coding and healthcare reform.
Alternative Forms of Business Organization
Throughout this book, the focus is on business financeâthat is, the practice of
accounting and financial management within business organizations. There are
three primary forms of business organization: proprietorship, partnership, and
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H e a l t h c a r e F i n a n c e28
corporation. In addition, there are several hybrid forms. Because most health
services managers work for corporations and because not-for-profit businesses
are organized as corporations, this form of organization is emphasized. How-
ever, many individual medical practices are organized as proprietorships, and
partnerships and hybrid forms are common in group practices and joint ven-
tures,.
Identify and assess different core business structure of an organization and explain how these structure help to achieve the aims of the business.
Identify and compare different types of businesses.
The "Organizational Plan for Starting a New Venture" PowerPoint presentation (PPTX) provides a comprehensive overview of the strategic blueprint for launching a successful new business venture. This presentation delves into key aspects such as structuring the leadership team, defining roles and responsibilities, outlining the company's hierarchy, and establishing a clear communication framework. Through concise slides and visual aids, this PPTX offers valuable insights into building a robust organizational foundation that supports the venture's growth and sustainability, making it an essential resource for entrepreneurs and business enthusiasts embarking on new ventures.
It is the best presentation for the professional practices.
It is the best way to learn any professional topic. I think you download this and take rest .
Edexcel IGCSE Business studies: Section 1 - business and the environment in w...ma63
Â
Section one easy review of Edexcel IGCSE Business Studies. International GCSE. Can also be used for CIE Exams. Quick and easy reviewing. Easy to remember
27C H A P T E R2THE FINANCIAL ENVIRONMENTLearning .docxvickeryr87
Â
27
C H A P T E R
2THE FINANCIAL ENVIRONMENT
Learning Objectives
After studying this chapter, readers will be able to
⢠Describe the alternative forms of business organization and ownership.
⢠Explain why taxes are important to healthcare finance.
⢠Briefly describe the third-party-payer system.
⢠Explain the different types of payment methods used by payers.
⢠Describe the incentives created by the different payment methods and
their impact on provider risk.
⢠Explain the importance and types of medical coding.
⢠Briefly describe the purpose and key features of healthcare reform.
Introduction
Fortunately, most of the basic concepts of healthcare finance are independent of
the specific industry (for example, hospital versus long-term care versus medi-
cal practice) and organizational setting. However, some aspects of healthcare
finance are influenced by industry setting, while the unique ownership structure
of healthcare providers influences specific applications of finance concepts. In
this chapter, some background material is presented that creates the context in
which finance is practiced in health services organizations.
The fact that many healthcare businesses are organized as not-for-
profit corporations has a significant impact on the practice of finance. Thus,
the chapter begins with a discussion of alternative forms of business organiza-
tion and ownership. Because ownership affects taxes, tax laws also are briefly
introduced. The chapter continues with a discussion of third-party payers, the
reimbursement methods that they use, and the implications of alternative re-
imbursement methods for provider behavior. The final sections cover medical
coding and healthcare reform.
Alternative Forms of Business Organization
Throughout this book, the focus is on business financeâthat is, the practice of
accounting and financial management within business organizations. There are
three primary forms of business organization: proprietorship, partnership, and
Co
py
ri
gh
t
@
20
12
.
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th
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EBSCO : eBook Collection (EBSCOhost) - printed on 9/19/2018 9:50 PM via PURDUE UNIVERSITY GLOBAL
AN: 516239 ; Gapenski, Louis C..; Healthcare Finance : An Introduction to Accounting and Financial Management
Account: ns019078.main.eds
H e a l t h c a r e F i n a n c e28
corporation. In addition, there are several hybrid forms. Because most health
services managers work for corporations and because not-for-profit businesses
are organized as corporations, this form of organization is emphasized. How-
ever, many individual medical practices are organized as proprietorships, and
partnerships and hybrid forms are common in group practices and joint ven-
tures,.
Operation âBlue Starâ is the only event in the history of Independent India where the state went into war with its own people. Even after about 40 years it is not clear if it was culmination of states anger over people of the region, a political game of power or start of dictatorial chapter in the democratic setup.
The people of Punjab felt alienated from main stream due to denial of their just demands during a long democratic struggle since independence. As it happen all over the word, it led to militant struggle with great loss of lives of military, police and civilian personnel. Killing of Indira Gandhi and massacre of innocent Sikhs in Delhi and other India cities was also associated with this movement.
Unit 8 - Information and Communication Technology (Paper I).pdfThiyagu K
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This slides describes the basic concepts of ICT, basics of Email, Emerging Technology and Digital Initiatives in Education. This presentations aligns with the UGC Paper I syllabus.
Welcome to TechSoup New Member Orientation and Q&A (May 2024).pdfTechSoup
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In this webinar you will learn how your organization can access TechSoup's wide variety of product discount and donation programs. From hardware to software, we'll give you a tour of the tools available to help your nonprofit with productivity, collaboration, financial management, donor tracking, security, and more.
How to Make a Field invisible in Odoo 17Celine George
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It is possible to hide or invisible some fields in odoo. Commonly using âinvisibleâ attribute in the field definition to invisible the fields. This slide will show how to make a field invisible in odoo 17.
Model Attribute Check Company Auto PropertyCeline George
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In Odoo, the multi-company feature allows you to manage multiple companies within a single Odoo database instance. Each company can have its own configurations while still sharing common resources such as products, customers, and suppliers.
Macroeconomics- Movie Location
This will be used as part of your Personal Professional Portfolio once graded.
Objective:
Prepare a presentation or a paper using research, basic comparative analysis, data organization and application of economic information. You will make an informed assessment of an economic climate outside of the United States to accomplish an entertainment industry objective.
Embracing GenAI - A Strategic ImperativePeter Windle
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Artificial Intelligence (AI) technologies such as Generative AI, Image Generators and Large Language Models have had a dramatic impact on teaching, learning and assessment over the past 18 months. The most immediate threat AI posed was to Academic Integrity with Higher Education Institutes (HEIs) focusing their efforts on combating the use of GenAI in assessment. Guidelines were developed for staff and students, policies put in place too. Innovative educators have forged paths in the use of Generative AI for teaching, learning and assessments leading to pockets of transformation springing up across HEIs, often with little or no top-down guidance, support or direction.
This Gasta posits a strategic approach to integrating AI into HEIs to prepare staff, students and the curriculum for an evolving world and workplace. We will highlight the advantages of working with these technologies beyond the realm of teaching, learning and assessment by considering prompt engineering skills, industry impact, curriculum changes, and the need for staff upskilling. In contrast, not engaging strategically with Generative AI poses risks, including falling behind peers, missed opportunities and failing to ensure our graduates remain employable. The rapid evolution of AI technologies necessitates a proactive and strategic approach if we are to remain relevant.
Acetabularia Information For Class 9 .docxvaibhavrinwa19
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Acetabularia acetabulum is a single-celled green alga that in its vegetative state is morphologically differentiated into a basal rhizoid and an axially elongated stalk, which bears whorls of branching hairs. The single diploid nucleus resides in the rhizoid.
1. Dr. Ali Hamad Al-Badi
Assistant professor
Head of Department-Information Systems
College of Economics & Political Science
Sultan Qaboos University
Oman
Editorial Board Member
2. ⢠Dr. Ali Al-Badi is an Assistant Professor in the Department of Information
Systems at Sultan Qaboos University (SQU), Muscat, Oman. Ali has more than
19 years of practical and academic experience in Information Technology. After
obtaining his B.Sc. in Computer Science from Reading University, UK in 1991,
he worked in the Center for Information Systems, SQU. He has held different
positions in the Center, where he gained most of his practical experience. Ali
joined the academia in 1999 and completed his PhD in UK in 2005. From Sep,
2007 â March 2011 Ali held the CIS Director's position, sharing his time
between managing the Center and performing his academic duties. Furthermore,
Ali contributed to 15 different IT focused committees both at the University and
national level.
Biography
> > >
3. Research Interests
⢠Web Usability & Accessibility, Web Tools & Technologies, Internet
& Network Security, Portal Development, IT Disaster Recovery and
Business Continuity.
> > >
4. Publications
⢠Ali H. Al-Badi, Ali O. Al Majeeni and Pam J. Mayhew (2011)
âPortals adoption and implementation challenges in the public
sector: Oman case studyâ, Int. J. Electronic Governance, 4: 248-
258.
5. Business
⢠A business, also known as an enterprise or a firm, is an organization
involved in the trade of goods, services, or both to consumers.
Businesses are prevalent in capitalist economies, where most of them are
privately owned and provide goods and services to customers in
exchange for other goods, services, or money. Businesses may also be
not-for-profit or state-owned. A business owned by multiple individuals
may be referred to as a company.
6. ⢠The etymology of "business" stems from the idea of being busy, and
implies socially valuable and rewarding work. Business can refer to a
particular organization or, more generally, to an entire market sector,
e.g. "the music business". Compound forms such as agribusiness
represent subsets of the word's broader meaning, which encompasses
all activity by suppliers of goods and services.
7. Forms of business ownership vary by jurisdiction, but several common forms exist:
⢠Sole proprietorship: A sole proprietorship, also known as a sole trader, is owned by one
person and operates for their benefit. The owner may operate the business alone or with
other people. A sole proprietor has unlimited liability for all obligations incurred by the
business, whether from operating costs or judgements against the business. All assets of
the business belong to a sole proprietor, including, for example, computer infrastructure,
any inventory, manufacturing equipment and/or retail fixtures, as well as any real
property owned by the business.
⢠Partnership: A partnership is a business owned by two or more people. In most forms
of partnerships, each partner has unlimited liability for the debts incurred by the
business. The three most prevalent types of for-profit partnerships are general
partnerships, limited partnerships, and limited liability partnerships.
8. ⢠Corporation: The owners of a corporation have limited liability and the
business has a separate legal personality from its owners. Corporations can be
either government-owned or privately owned. They can organize either for
profit or as not-for-profit organizations. A privately owned, for-profit
corporation is owned by its shareholders, who elect a board of directors to direct
the corporation and hire its managerial staff. A privately owned, for-profit
corporation can be either privately held by a small group of individuals, or
publicly held, with publicly traded shares listed on a stock exchange.
⢠Cooperative: Often referred to as a "co-op", a cooperative is a limited liability
business that can organize for-profit or not-for-profit. A cooperative differs from
a corporation in that it has members, not shareholders, and they share decision-
making authority. Cooperatives are typically classified as either consumer
cooperatives or worker cooperatives. Cooperatives are fundamental to the
ideology of economic democracy.
9. ⢠The efficient and effective operation of a business, and study of this subject, is
called management. The major branches of management are financial
management, marketing management, human resource management, strategic
management, production management, operations management, service
management and information technology management.
⢠Owners may administer their businesses themselves, or employ managers to do
this for them. Whether they are owners or employees, managers administer
three primary components of the business' value: its financial resources, capital
or tangible resources, and human resources. These resources are administered
in at least five functional areas: legal contracting, manufacturing or service
production, marketing, accounting, financing, and human resources.
10. Organization and government regulation
⢠Most legal jurisdictions specify the forms of ownership that a business can take,
creating a body of commercial law for each type.
⢠The major factors affecting how a business is organized are usually:
⢠The size and scope of the business firm and its structure, management, and
ownership, broadly analyzed in the theory of the firm. Generally a smaller business
is more flexible, while larger businesses, or those with wider ownership or more
formal structures, will usually tend to be organized as corporations or (less often)
partnerships. In addition, a business that wishes to raise money on a stock market or
to be owned by a wide range of people will often be required to adopt a specific
legal form to do so.
⢠The sector and country. Private profit-making businesses are different from
government-owned bodies. In some countries, certain businesses are legally obliged
to be organized in certain ways.
11. ⢠Limited Liability Companies (LLC), limited liability partnerships, and other
specific types of business organization protect their owners or shareholders from
business failure by doing business under a separate legal entity with certain legal
protections. In contrast, unincorporated businesses or persons working on their
own are usually not so protected.
⢠Tax advantages. Different structures are treated differently in tax law, and may
have advantages for this reason.
⢠Disclosure and compliance requirements. Different business structures may be
required to make less or more information public (or report it to relevant
authorities), and may be bound to comply with different rules and regulations.
⢠Many businesses are operated through a separate entity such as a corporation or
a partnership (either formed with or without limited liability).
12. ⢠Most legal jurisdictions allow people to organize such an entity by filing
certain charter documents with the relevant Secretary of State or equivalent
and complying with certain other ongoing obligations. The relationships
and legal rights of shareholders, limited partners, or members are governed
partly by the charter documents and partly by the law of the jurisdiction
where the entity is organized. Generally speaking, shareholders in a
corporation, limited partners in a limited partnership, and members in a
limited liability company are shielded from personal liability for the debts
and obligations of the entity, which is legally treated as a separate "person".
This means that unless there is misconduct, the owner's own possessions
are strongly protected in law if the business does not succeed.
13. ⢠Where two or more individuals own a business together but have failed to
organize a more specialized form of vehicle, they will be treated as a
general partnership. The terms of a partnership are partly governed by a
partnership agreement if one is created, and partly by the law of the
jurisdiction where the partnership is located. No paperwork or filing is
necessary to create a partnership, and without an agreement, the
relationships and legal rights of the partners will be entirely governed by
the law of the jurisdiction where the partnership is located. A single person
who owns and runs a business is commonly known as a sole proprietor,
whether that person owns it directly or through a formally organized entity.