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A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
Contents of Memorandum of Association:
Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
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Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
Objective Clause: This clause delineates the main objectives for which the company is formed. It's important to define these objectives clearly, as the company cannot undertake activities beyond those mentioned in this clause.
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Liability Clause: It outlines the extent of liability of the company's members. In the case of companies limited by shares, the liability of members is limited to the amount unpaid on their shares. For companies limited by guarantee, members' liability is limited to the amount they undertake to contribute if the company is wound up.
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Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
Importance of Memorandum of Association:
Legal Requirement: The MOA is a legal requirement for the formation of a company. It must be filed with the Registrar of Companies during the incorporation process.
Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
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Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void.
Amendment of MOA:
While the MOA lays down the company's fundamental principles, it is not entirely immutable. It can be amended, but only under specific circumstances and in compliance with legal procedures. Amendments typically require shareholder
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Implicitly or explicitly all competing businesses employ a strategy to select a mix
of marketing resources. Formulating such competitive strategies fundamentally
involves recognizing relationships between elements of the marketing mix (e.g.,
price and product quality), as well as assessing competitive and market conditions
(i.e., industry structure in the language of economics).
2. Ways to Achieve Digital Transformation
Barriers to Digital Transformation
Core Elements
Why it is Needed
Value Addition from Transformation
Task Distribution
Transformation Roadmap
Transformation Budget
Content
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3. Why It Is Needed
Customer Influence
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Competition
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Employee Influence
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4. Core Elements
Performance Management
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Customer Understanding
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Process Digitization
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Customer Touch Points
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Top โ Line Growth
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Digitally Modified Business
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Digital
Transformation
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5. Barriers to Digital Transformation
70%
60%
45%
30%
25%
10%Business case Identification
Employee Training
Short-term Revenue Targets
Data Issues
Digital Skills Shortage
Legacy systems/ processes
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6. Ways to Achieve Digital Transformation
Co-create & Co-
innovation with
new parents
Gain new
experience &
design innovative
business models
Develop
Digital DNA
Adopt new
Technologies
to an exiting
infrastructure
Base Decision
on data not
on feelings
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7. Transformation Roadmap
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Assessment Commitment ScaleRe - Vision
Business
Cases
Opportunity
Scan Test
Re - View,
Re - Cycle
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10. Value Addition from Transformation
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High Traffic
53%
Increased Lead
Gen/Sales
49%
Life in
Engagement
81%
Increase
in Sale
52%
Improved Customer
Satisfaction(i.e.NPS)
69%
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13. Vision
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Mission
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Goal
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Our Mission
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14. Name Here
Designation
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Name Here
Designation
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Name Here
Designation
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Meet Our Team
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15. About Us
Target Audiences
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Premium Service
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Prefered by Many
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16. Post It
Text Here
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01
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17. Goal 02
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Goal 03
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Goal 01
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Our Goal
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18. Silhouettes
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19. Magnifying Glass
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20. Financial
60%
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Minimum
70%
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Medium
90%
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Maximum
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21. Idea Generation
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23. Combo Chart
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3
3.5
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4.5
0
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FY' 17 FY' 18 FY' 19
MarketSize(inmillion)
Product
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01
Product
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02
Product
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24. Area Chart
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MarketSalesInpercentage(%)
Product
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01
Product
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02
Product
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25. Thank You
Address
# street number, city, state
Contact Number
0123456789
Email Address
emailaddress123@gmail.com
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