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The limitation of Franchising is that the franchisor has to disclose confidential information to franchisees and this may constitute a risk to the business.
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What is limitation of garment companies?
limitation of garment company
What is the greatest advantage of operating a home-based business?
Flexibility - Transaction and operation can be done anywhere, everywhere without limitation of time and distances.
What are the examples of sole proprietorship organization in the Philippines?
A sole proprietorship is a business owned by an individual who has full authority in the company and full control of its assets, and is personally responsible for all liabilities. The sole proprietor has unlimited liability, as the law basically treats the business and the owner as one and the same. As a general rule, foreigners may put up single proprietorships in the Philippines in business activities where the constitution and the laws do not impose any restriction or limitation on ownership equity. Registered sole proprietorships in the Philippines are typically very small businesses, like a corner grocery store or a family doctor practicing independently.
What are the implications of having a Contractual Liability Limitation endorsement - CG2139 - on a GL policy for a contractor?
Hi Deborah here, I am insurance broker with the CRIS designation specializing in contractors needs. I have a client who has had that same situation, here is the advise: The CG2139redefines the ‘Insured Contract’ to remove it’s f. point (page 13 of 16 on ISO CG0001 1001 .. is the version I have here handy.. that states an ‘Insured Contract’ is points a through f. ) Here, the f. point is basically a contract a sub would sign to work for a GC & it would include a hold harmless/indemnity agreement for tort and operations coverage. This hold harmless agreement would be worthless unless the sub is independently wealthy as his insurance company would not defend or indemnify or anything. So it can be bad for subcontractors to have this endorsement but worse for the GC’s if they were to enter into a normal business contract w/hold harmless et al with a sub who has the cg2139. Subcontractors with this endorsement need to work for GC’s that simply want to be named as additional insured on the subs’ policy. If there is no contract and the GC is named additional insured on the subs’ policy, that should be sufficient for the GC to be covered for operations and tort of the sub by the subs insurance company. If I have a client with the cg2139 in a GL quote, I just make sure to ask them if they are going to be signing a contract with a GC/developer et al and/or to let me know if they plan on it at any time in the future. If they say they won't enter into any contracts with a hold harmlessthen the cg2139 is irrelevant and being on the policy/quote is immaterial. I think insurance company’s issue this endorsement to limit the scope of work a contractor can do.They want to be sure it knows the entities it would be indemnifying ie AI endt cg2010 or equivalent. They don’t want their ‘little’ contractors getting out there and playing with the big kids without permission. ~ dmc 6-12-07 previously suggested by someone else: I suggest you to go the IIABA website. If you are a member, you can access the Virtual University, then go to "Ask an Expert" and ask your question. This is a great resource.
What is multisourcing?
i m adding synopsis of multi-sourcing friends i hope u ll get every thing from here SHAILENDRA PAL (ISBR)BANGLOREMULTISOURCING Summery- One of the key feature of outsourcing industry over the past few years has been the trend away from the large end-to-end outsourcing deals. Companies that make use of outsourcing are increasingly looking to so-called multi-sourcing arrangements, where the business receives its service from a number of best-of-breed service providers.This marks the clear contrast from the feature from the really caused outsourcing to burst into life in the 1990 i.e the expension of full scope, full service, long term out sourcing contract with the single prime service provider. Multi-sourcing that seamlessly blends internally and externally delivered services not just to cut cost or gain efficiencies, but to maximize growth, agility, and bottom line result Why Multi-sourcing? One of the main drivers behind the multi-sourcing approach is the perception that it better leverages competitive pressures. Critics of the single sourcing approach argue that handing over the IT environment to a single supplier leads to the supplier becoming 'indispensable' and makes it difficult to award new project to other suppliers. That can occur through a new supplier's efforts to win work being stymied by the incumbent supplier withholding critical operational information and denying access to relevant personnel. Multi-sourcing, however seeks to avoid the customer being locked in to a board, long term relationship with a single supplier And to market test more project and services on a case-by-case basisAdvantage of Multi-sourcing Multi-sourcing contracting structure can allow a customer to reduce its reliance on a single supplier, and allows the sourcing of service components from "best -of-breed" suppliers. How ever the essential value of a multi-sourcing structure is its potential flexibility Aim of Multi-sourcing Multi-sourcing is a greater scale of outsourcing. In a business sector, its departments can hire several external service providers for a task. This asks for a high project expense. Things to take note of when in choice of this kind of outsourcing are the communication system, socialization and proper monitoring of work internal or external in the business firm. Multi-sourcing is a cross over from the classic outsourcing that we usually know Art of Multi-sourcing The days of having only one outsourcing task is now gone thanks the evolution of new outsourcing strategies, one of these strategy is Multi-sourcing. Collaborative outsourcing may be the way to go describe the main aim of Multi-sourcing. The commercial advantage of 'keeping the vendor honest' by always having multiple mature options, and having a flexibility to move work from internal departments to vendors and even across providers whenever the needs arises. Multi-sourcing strategy offer less risk Even five year ago a multi-sourcing strategy may not have been possible as true. Specialist partner didn't really exist but this is changing. As the outsourcing market has matured and as competition among provider has increased, providers have been forced to specialize to gain market share and competitive advantage Limitation of Multi-sourcingChoosing a Multi-sourcing contracting structure may well prove to be the most appropriate choice for a customer, However multi-sourcing is not the Holy Grail of outsourcing contracting models and presents a number of challenges which a customer needs to understands and address early in the procurement process Conclusion Multi-sourcing where judiciously employed, can be an effective model for conducting an outsourcing. Its main advantages are that it allows a customer to seek best-of-breed service offerings from a range of suppliers, gives a customer more direct relationship with, and control over, suppliers, and where approximately structured, offers the ability for the customer to add or remove suppliers
What are the limitation of tally?
what are Talley's limitation.
What are the Limitation of the rule of the law?
Limitation
What are the limitation of the application of rule of law?
Limitation
What is scope and limitation of consciousness?
The limitation is within your self, your awareness and limitation of thoughts, your memories, sensations and feelings.
What is limitation of garment companies?
limitation of garment company
Limitation of business communication?
limitation of bussiness comunication
What is Tagalog of limitation?
Tagalog Translation of LIMITATION: hangganan
What is scope and limitation investigatory project?
how to do scope and limitation
Limitation of marketing research?
limitation of marketing research
What is 1 limitation of the morphological species concept?
there is no limitation
What is Limitation of gas welding?
what are gas welding limitation
What are the limitation to farm mechanization in Nigeria?
Limitations of agricultural mechanization in Nigeria are as follows: 1. Economic limitation 2. Technical limitation 3. Small farm holding 4. Lack of maintenance.
