Several forms of Business Organisations and their functionality, advantages & disadvantages.
Namely Sole Proprietorship, Partnership, Corporations and LLC.
Unit 2 Part 2 (BBA 104: Business Organisation) according to the syllabus of Kanpur University, Kanpur.
Types of various business Organizations, includes Sole Proprietor, Partnership, Societies, Joint Stock Companies, Hindu Undivided Family Business in India
Several forms of Business Organisations and their functionality, advantages & disadvantages.
Namely Sole Proprietorship, Partnership, Corporations and LLC.
Unit 2 Part 2 (BBA 104: Business Organisation) according to the syllabus of Kanpur University, Kanpur.
Types of various business Organizations, includes Sole Proprietor, Partnership, Societies, Joint Stock Companies, Hindu Undivided Family Business in India
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Cardnickysharmasucks
The unveiling of the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card marks a notable milestone in the Indian financial landscape, showcasing a successful partnership between two leading institutions, Poonawalla Fincorp and IndusInd Bank. This co-branded credit card not only offers users a plethora of benefits but also reflects a commitment to innovation and adaptation. With a focus on providing value-driven and customer-centric solutions, this launch represents more than just a new product—it signifies a step towards redefining the banking experience for millions. Promising convenience, rewards, and a touch of luxury in everyday financial transactions, this collaboration aims to cater to the evolving needs of customers and set new standards in the industry.
what is the best method to sell pi coins in 2024DOT TECH
The best way to sell your pi coins safely is trading with an exchange..but since pi is not launched in any exchange, and second option is through a VERIFIED pi merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and pioneers and resell them to Investors looking forward to hold massive amounts before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade pi coins with.
@Pi_vendor_247
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
The Evolution of Non-Banking Financial Companies (NBFCs) in India: Challenges...beulahfernandes8
Role in Financial System
NBFCs are critical in bridging the financial inclusion gap.
They provide specialized financial services that cater to segments often neglected by traditional banks.
Economic Impact
NBFCs contribute significantly to India's GDP.
They support sectors like micro, small, and medium enterprises (MSMEs), housing finance, and personal loans.
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
Even tho Pi network is not listed on any exchange yet.
Buying/Selling or investing in pi network coins is highly possible through the help of vendors. You can buy from vendors[ buy directly from the pi network miners and resell it]. I will leave the telegram contact of my personal vendor.
@Pi_vendor_247
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...Vighnesh Shashtri
In India, financial inclusion remains a critical challenge, with a significant portion of the population still unbanked. Non-Banking Financial Companies (NBFCs) have emerged as key players in bridging this gap by providing financial services to those often overlooked by traditional banking institutions. This article delves into how NBFCs are fostering financial inclusion and empowering the unbanked.
Currently pi network is not tradable on binance or any other exchange because we are still in the enclosed mainnet.
Right now the only way to sell pi coins is by trading with a verified merchant.
What is a pi merchant?
A pi merchant is someone verified by pi network team and allowed to barter pi coins for goods and services.
Since pi network is not doing any pre-sale The only way exchanges like binance/huobi or crypto whales can get pi is by buying from miners. And a merchant stands in between the exchanges and the miners.
I will leave the telegram contact of my personal pi merchant. I and my friends has traded more than 6000pi coins successfully
Tele-gram
@Pi_vendor_247
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
2. A Business
A business organization in contrast to a public service
organization or a charity
It exist to provide goods and services at a profit
The business organization we are concerned with here
range from one-man business to a large public company
3. Forms of Business
There are number of business forms
In generally business can be formed in to;
Sole trader
Partnership
General partnership
Limited partnership
Limited liability partnership
Limited company
4. The sole trader
This is also known as
This is the simplest form of business.
It is form of business in which one person owns and
runs
The sole trader is some one who owns an
unincorporated business by him-self or her-self.
5. The owner of the business takes all the profits but
suffers all its losses and has all the problems and
worries to himself.
The legal requirements for setting up such business are
minimum
6. Waliga ma samaysay ganaci aad keli u
leedahay?
Waa maxay faa’idooyinka iyo faa’ido
darrooyinka kali-ganacsigu?
La wadaag ardayda
7. Advantages of the Sole Trader
The formalities for starting up are minimum
Complete autonomy to run the business as the
individual wishes
The profits of the business belong to the trader
No public disclosure of accounts
8. Disadvantages of the Sole
Trader
The individual as a manager has to be responsible for
all aspects of the business
(marketing, sales, product development
finance etc.)
The sole trade is entirely responsible for the debts of
the business
9. Partnership
A partnership is a form of business that two or more
individuals own and operate together
usually not more than twenty, persons
members of the partner are owners of the property and
liable for its contracts and debts
Partners legally share a business assets, liabilities, and
profits according to the terms of a partnership
agreement
10. The partnership agreement is a legal document that
states all of the terms of operating the partnership for
the protection of each partner involved
Such an agreement can specify the right and obligation
of each partner
Banks often want to review the partnership agreement
before lending the business money
12. Characteristics of partnership
Agreement: there should be agreement to form a partnership.
(persons who are not competent to contract cannot be
partners)
There must be a business: the agreement executed by
persons should relate to a business, and such business should
be lawful.
Sharing the profits and losses: the profits or losses of
business must be clarified as per the agreement.
13. Characteristics of partnership
Participation in business: business should be carried by all
or any one of the partners.
Unlimited liability: the liability of the partners of the firm is
unlimited.
This means ; the personal assets of the partners
14. Types of Partnership
Commonly, there are two types of partnership
General Partnership (GP)
Limited Partnership (LP)
There can also exist;
Limited Liability Partnership
Corporation
15. General Partnership (GP)
general partnership is a business owned by two or
more individuals who agreed to run the business as
partners or co-owners.
This is a partnership in which all owners share in
operating the business and in assuming liability for the
business’ debts.
Partnership agreements play a major role in general
partnerships, so to spilt duties and shares
16. Limited partnership ( LP)
This is a partnership with one or more general partners
and one or more limited partners
Limited partners only serve as investors for the
partnership
Typically, a limited partners does not have decision-
making rights.
17. They get ownership but don’t have as man risk and
responsibilities as a general partner
Limited partners can lose their status if they become too
involved in managing the company.
18. Limited Liability Partnership
(LLP):
This is another type of partnership but different from
the general and limited in terms of risk liability
It is mainly used in skill and service oriented forms of
businesses
This type of partnership was created to limit the
disadvantage of unlimited liability
19. LLP limited partner’s risk of losing their personal assets
to only their own acts and omissions of people under
their supervision.
In an limited liability partnership, each partner is not
responsible or liable for another partner’s misconduct or
negligence.
20. Advantages of Partnership
Quicker to establish
More - financial resources
Shared management and united /complementary skills
and knowledge.
Risk Sharing
Freedom from double taxation
Longer survival if partners commit
21. Disadvantages of Partnership
Difficult of finding partner
Divided Authority
Possible conflict among partners
Lack of trust and confidence
Risk of joint responsibilities
Unlimited liability
Lack of continuity
22. Corporation or Limited Company
A corporation is an independent legal entity owned by
shareholders,
the shareholders decide on how the company is run and who
manages it
The capital of the company is divided into small units called
shares. The persons who contribute to the capital of the company
are called “share-holders”.
It is limited liability; shareholders may take part in the profits
through dividends but are not personally liable for the
company’s debts.