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Balance Sheet
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Business Management Clip Arts. HOME OF BUSINESS MANAGEMENT THEORY AND CONCEPTS. For Business Management Learners Across The Globe. BALANCE SHEETS (STATEMENT OF FINANCIAL POSITION). A balance sheet is a record of. What the business owns (assets) and. What the business owes to others (liabilities). A balance sheet shows fixed assets, current assets and other assets. Fixed assets are assets that the business will own for at least a year. For example. 149; machinery,. 149; plant,. 149; land,. Under company l...
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Types of Business Organisation
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Business Management Clip Arts. HOME OF BUSINESS MANAGEMENT THEORY AND CONCEPTS. For Business Management Learners Across The Globe. The links below will take you to information about different business types. A sole trader business is a business owned by one person, although the organisation may employ more than one person. When two or more people join forces to own and run a business, their business is known as a partnership and they are called partners. In 1844 28 weavers from Rochdale set up a society ...
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Limited companies: Private Limited&Public Limited Companies
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Business Management Clip Arts. HOME OF BUSINESS MANAGEMENT THEORY AND CONCEPTS. For Business Management Learners Across The Globe. The Memorandum states the company's name; location, share capital and what the company can and can't do (this latter section is contained in an Objects Clause ). Articles of Association can loosely be described as the rulebook of the company because they will describe the conduct expected from the directors and govern administrative matters and the calling of meetings. A priv...
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Welcome to Learn Management 2.com. Home of free business management lessons and revision notes.
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Welcome to LearnManagement2.com the site for everybody, with free business management and finance articles, PowerPoint presentations and revision quizzes. We welcome feedback and love suggestions for new articles. Like Us on Facebook and Twitter so we can keep you updated on the latest developments. Learn Management2 is your site; help us make it what you want. Test Your Knowledge Quizzes. Types of Business and Industries. Click here to learn about Business Management. Adair Action Centred Leadership.
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Adams Equity Theory - John Stacey Adams
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Business Management Clip Arts. HOME OF BUSINESS MANAGEMENT THEORY AND CONCEPTS. For Business Management Learners Across The Globe. John Stacey Adams proposed that an employee’s motivation is affected by whether the employee believes that their employment benefits are at least equal to the amount of the effort that they put into their work. Adam’s categorised employment benefits and rewards as outputs and an employee’s work effort as inputs. The number of hours worked by the employee.
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Strategic Management
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Business Management Clip Arts. HOME OF BUSINESS MANAGEMENT THEORY AND CONCEPTS. For Business Management Learners Across The Globe. What is Strategic Management? Strategic management involves using strategy to achieve a firm's objectives. A firm that has a strategic management approach will have clear organisational processes ( at all levels of the firm) designed to achieve the firm s objectives, mission statement and vision. Strategy is about how. A business will have objectives; Strategy is how.
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Introduction to Financial Ratios
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Business Management Clip Arts. HOME OF BUSINESS MANAGEMENT THEORY AND CONCEPTS. For Business Management Learners Across The Globe. Ratios are divided into five categories. As the name suggests these ratios look at profit. Profitability ratios examine the relationship between gross profit, net profit and the money invested in the business. Gearing ratios focus on the long term debt that the business has. Long term debt is debt that the business as more than a year to pay back. Gearing ratios are s...A bus...
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Organisational Culture
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Business Management Clip Arts. HOME OF BUSINESS MANAGEMENT THEORY AND CONCEPTS. For Business Management Learners Across The Globe. Organisational Culture PowerPoint Presentation. Forward (Entrepreneurial) Looking Culture. Backward (Bureaucratic) Looking Cultures. There are a number of different organisational cultures. The ideal culture will depend on the type of organisation (commercial, non commercial, service orientated), its objectives and market conditions. Organisational culture will influe...
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Partnerships
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Business Management Clip Arts. HOME OF BUSINESS MANAGEMENT THEORY AND CONCEPTS. For Business Management Learners Across The Globe. When two or more people join forces to own and run a business, their business is known as a partnership and they are called partners. Partnerships often occur in professional services such as doctors, solicitors etc. Partnerships will either adopt the name of the partners or trade under a suitable trading name. Induction and retirement of partners. The advantages of a partner...
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Sole Trader
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Business Management Clip Arts. HOME OF BUSINESS MANAGEMENT THEORY AND CONCEPTS. For Business Management Learners Across The Globe. A sole trader business is a business owned by one person, although the organisation may employ more than one person. The sole trader’s business will trade under the owner’s name or a name chosen by the sole trader. To safeguard against legal proceedings the sole trader should ensure that they don’t use a name registered to someone else. UK Set Up and Legal Rules.
