Tag: company
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Ownership and Control
Ownership and control In a limited company ownership and control are divided The shareholders own the company The directors and managers control the company Directors have to safeguard the interests of shareholders
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Disadvantages of Multinationals
Disadvantages of multinational companies on the countries Domestic market is badly affected Dumping may ruin the entire industry The revenue is taken back by the multi-national company Technology may not be applicable
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Difference between unincorporated Business and Limited company
Unincorporated business Limited company Example: Sole trader, partnerships Example: Private limited company No shares can be issued Shares can be issued Unlimited liability Limited liability Not a legal entity Legal entity Less capital available More capital available If the owner dies business dies If the owner dies th business still exists