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A limited company is the most preferred business form when it comes to profit-oriented organizations. Registering a company creates some benefits that are absent in other forms. Besides a company, other forms of business organisation include sole proprietorship, partnership, corporations, and cooperatives. Requirements for Limited Company Registration 2020 At least 3 Name suggestions or proposals for the company name. Passport photos and ID copies of Director(s).…
A business plan is a document that shows where a business wishes to go and how to get there. It is useful for new and existing organisations. It provides a sense of direction in today’s business environment characterised by cut-throat competition and environmental complexities. The Cost of Writing a Business Plan Professional business plan writers charge varying prices depending on some factors. An entrepreneur should be ready…
A business proposal is a document used to persuade an organisation to buy a product. It convinces the target client that a proposed product will solve an identifiable need/problem. Therefore, piecing together a persuasive proposal determines the ability to sell a service or product. How Much Does A Business Proposal Cost? The charges for writing a business proposal vary between consultants. However, nature and timelines determine…
Corporate social responsibility remains a contentious issue in the contemporary business environment despite being practiced for centuries. A clear framework for governing CSR is absent that leads to confusion when managers are making CSR decisions (Hildebrand,Sen,& Bhattacharya 2011,p.1353). There are two main views of CSR and they provide substantially different perspectives. The classical view holds that the principle responsibility of a business is to deliver value…
Cyberspace refers to the virtual environment that is created by computer and other information communication technology (ICT) networks (Nye,2010). It contains many resources that are shared among computer users. The complexity of the cyberspace increases as more inventions in the field of information technology (IT) are made. Access to internet connectivity has increased substantially that is allowing many stakeholders to interact with the cyberspace. Cyberspace contains…
Cultivation theory seeks to examine the long-term impacts of the television on people’s lives. It came up after the television media developed immense popularity becoming the most preferred leisure tools. People spend a substantial amount of their time glued on the television that makes it necessary to investigate the impacts the television has on people’s lives. Young people spend a substantial portion of their time consuming…
Mitigating Poverty Disaster through Effective Emergency Planning Effective emergency planning ensures the society is well equipped to confront disasters once they occur. The planning identifies potential risks and measures needed to mitigate the risks. It also specifies the procedures and resources required to prevent and mitigate disasters . Poverty is itself a disaster and it is highly related to other disasters. It can be caused by…
Bail System A bail system is whereby a property is pledged or deposited in a court to secure the release of a suspect. The practice is aimed at ensuring the accused returns to the court during the court process. Failure to return to the court leads to the forfeiture of a bail. Bails receive criticism since they serve the interests of the rich as poor people…
College education plays a crucial role in individual’s life since college education enables students to define their career path. It is, therefore, necessary the education system be structured in a way that supports student’s success in college. Failure to adequately prepare students joining college compromises their ability to achieve academic goals. Evidence shows that 40% of college students take remedial courses to enable them to fit…
The social media has gained immense popularity in the contemporary society. It refers to virtual communities that are established in the internet platforms where people who are physically away interact and exchange ideas (Mehdizadeh, 2010). The popularity of the social media is directly linked to the advancement in information communication technology. Internet connectivity continues to increase where more and more people are gaining access to fast…
People make sacrifices to improve their physical appearance but cosmetic surgery takes the desire to look good to another level. Today I want to shed some light on cosmetic surgery that is a surgery carried out to improve individual’s physical appearance. Types of cosmetic surgeries include breast augmentation, breast reduction, eyelid surgery, liposuction, and ear reshaping (Gimlin, 2000). The breast augmentation is aimed at increases the…
Ethical dilemmas are common when making crucial decisions. Managerial decisions raise ethical issues making it necessary to have an understanding of the consequences of different alternatives during decisions making. Ethical dilemma in organizations refers to a situation where the decision maker is confronted by many viable solutions to a problem. Most of the dilemmas that occur emanate from the fact that organizations have many stakeholders with…
The contemporary business environment is characterized by changes. Survival purely depends on the extent to which organizations are able to adapt to the changes. The traditional strategic planning has elements of rigidity where an organization is unable to respond to environmental changes. As a result, business performance declines when environmental changes make it difficult to realize set goals (Enzmann, Beauchamp & Norbash 2011, p.178). Scenario planning…
Starting a new business requires the investors to decide on business type in legal perspective. The United Kingdom business law recognizes different types that include sole proprietors, Partnerships, limited private companies, public companies, and cooperatives (Fleming 2000, p.17). These types have unique characteristics giving them strengths and weaknesses. It is essential for investors to make the necessary assessment to identify the specific business type that best…
Gender issues have been raising serious concerns in my community. The Middle East communities living in the United States are faced by serious gender issues that are yet to be addressed. The issues are also fuelled by the gender discrimination that faces the larger American society. The issue of gender discrimination is therefore not a problem with the Middle East communities only but also in the…
The skinning of crocodiles has been an economic activity since the ancient times. Crocodiles are targets for hunters who seek to skin them or acquire other crocodile products. Crocodile meat is a delicacy for communities living near to water bodies. The increasing importance of crocodiles in the leather industry has led to the establishment of crocodile farms where the reptiles are kept for their hides. Other…
Agency is a fiduciary relationship between two parties where one party acts on behalf of the other. The party who act on behalf of the other is referred to as an agent while the other party is a principal (Miller 2013, p.969). An agent is, therefore, able to enter into contracts that are binding to the principal. The principal engages an agent to facilitate buying and…