We are here with you hands in hands to facilitate your learning & don't appreciate the idea of copying or replicating solutions. Read More>>

Looking For Something at vustudents.ning.com? Click Here to Search

www.bit.ly/vucodes

+ Link For Assignments, GDBs & Online Quizzes Solution

www.bit.ly/papersvu

+ Link For Past Papers, Solved MCQs, Short Notes & More

MGT211 Assignment No 01 Solution & Discussion Fall 2017

Background: There are three basic forms of business organization widely existed in an economy i.e. Sole Proprietorship, Partnership, and Company. Formation of these three businesses requires different legal requirements and obligations. Their success not only depends upon the capital, leadership and the innovation but it also depends upon the wise and well thought decisions taken by the stakeholders. Scenario: Mr. Irshad was running his own business in the vicinity of Lahore. He established a small unit of processing of masala recipes for preparing different traditional and local dishes. With a limited starting capital he was performing well and leading a workforce of 10 employees in his unit. All the employees were well managed under his supervision. One day a bunch of his old friends came to visit him and they were really impressed with his expertise in Masala recipes. They gave him an idea about the expansion of business by forming a company. Actually, they were interested in investing in his business for expansion. Mr. Irshad was also thinking of business expansion and it was good opportunity for him although he was aware of the challenges associated with business expansion. Requirements: If you were Mr. Irshad 1. Would you accept/reject the proposal given by his friends? Provide at least five logical arguments in accepting or rejecting the proposal. (5 Marks) 2. From the legal perspective, how would you elaborate those requirements that must be fulfilled to form a company? (5 Marks) Note:  Answer should be to the point.  Copied material will be marked as zero.

+ How to Join Subject Study Groups & Get Helping Material?

+ How to become Top Reputation, Angels, Intellectual, Featured Members & Moderators?

+ VU Students Reserves The Right to Delete Your Profile, If?


See Your Saved Posts Timeline

Views: 3075

.

+ http://bit.ly/vucodes (Link for Assignments, GDBs & Online Quizzes Solution)

+ http://bit.ly/papersvu (Link for Past Papers, Solved MCQs, Short Notes & More)

+ Click Here to Search (Looking For something at vustudents.ning.com?)

+ Click Here To Join (Our facebook study Group)

Attachments:

Replies to This Discussion

MGT211 Solution 

MGT 211 Assignment Solution

Solution No.1 
1. It enjoys the advantage of increased capital 
2. Availability of huge amounts of capital makes possible for the company to produce Goods on very large scale, at a lower cost. 
3. Long life business 
4. Low-Profit share 
5. Increase in Saving and Investment 
6. Higher Profits 
7. Easy Access to Credit

Solution No 2
1. Prepare a business plan. 
2. Choose a location to set up your business. 
3. Obtain financing or other forms of startup capital. 
4. Determine a legal structure for your business. 
5. Register your business. 
6. Obtain a Tax ID. 
7. Obtain business licenses and permits. Most businesses will need to obtain a license to legally operate in its given place of business from the local municipality. Failing to do so could result in fines or other penalties.

RSS

Latest Activity

+ ! ! ! ! ! !blaire liked + M.Tariq Malik's discussion کوئی مشکل پڑے تعویذ بنا سکتے - ہو تم مرے نام پہ ہر داو لگا سکتے ہو
9 minutes ago
+ ! ! ! ! ! !blaire replied to + M.Tariq Malik's discussion VU Students Reserves The Right to Delete Any Profile On the Site
11 minutes ago
+ ! ! ! ! ! !blaire liked + M.Tariq Malik's discussion VU Students Reserves The Right to Delete Any Profile On the Site
12 minutes ago
M.Raza updated their profile
1 hour ago
+ ՏhehαrZααD + liked + M.Tariq Malik's discussion کوئی مشکل پڑے تعویذ بنا سکتے - ہو تم مرے نام پہ ہر داو لگا سکتے ہو
4 hours ago
+ ՏhehαrZααD + liked + M.Tariq Malik's discussion یہ ان کا ظرف ہے بیٹھے ہیں آستینوں میں - یہ میری خو ہے کہ میں یار یار کرتا ہوں
4 hours ago
+ ! ! ! ! ᎠixieᎠuຮt꧂ replied to + "αяsαℓ " Ќąƶµяɨ •"'s discussion Muhabato me li gaye kasmain
6 hours ago
+ ! ! ! ! ᎠixieᎠuຮt꧂ replied to + Iuuoɔǝut+'s discussion Farz Karo ....
6 hours ago
+ ! ! ! ! ᎠixieᎠuຮt꧂ commented on + "αяsαℓ " Ќąƶµяɨ •"'s blog post چھوٹا کام
6 hours ago
+ ! ! ! ! ᎠixieᎠuຮt꧂ liked + M.Tariq Malik's discussion VU Students Reserves The Right to Delete Any Profile On the Site
7 hours ago
+ ! ! ! ! ᎠixieᎠuຮt꧂ liked + Iuuoɔǝut+'s discussion Har Shaks Naraz hy meri baton sy
7 hours ago
+ ! ! ! ! ᎠixieᎠuຮt꧂ liked + M.Tariq Malik's discussion کوئی مشکل پڑے تعویذ بنا سکتے - ہو تم مرے نام پہ ہر داو لگا سکتے ہو
7 hours ago
+ ! ! ! ! ᎠixieᎠuຮt꧂ liked + "AS"'s discussion Jesi Ab hai ..
7 hours ago
+ ! ! ! ! ᎠixieᎠuຮt꧂ liked + Iuuoɔǝut+'s discussion Farz Karo ....
7 hours ago
szh786 updated their profile
9 hours ago
+ ՏhehαrZααD + replied to + M.Tariq Malik's discussion VU Students Reserves The Right to Delete Any Profile On the Site
10 hours ago
+ Android updated their profile
10 hours ago
+ "αяsαℓ " Ќąƶµяɨ •" and + Iuuoɔǝut+ are now friends
10 hours ago
+ ! ! ! ! ! ! ! ! ! AG liked + Iuuoɔǝut+'s discussion Har Shaks Naraz hy meri baton sy
10 hours ago
+ ! ! ! ! ! ! ! ! ! AG liked + "αяsαℓ " Ќąƶµяɨ •"'s blog post چھوٹا کام
11 hours ago

© 2019   Created by + M.Tariq Malik.   Powered by

Promote Us  |  Report an Issue  |  Privacy Policy  |  Terms of Service