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When unethical acts are discovered in a firm in most instances?
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∙ 8y ago
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How do I go about finding an Investment Firm that would best suit my needs?
You should find out what the minimum investment options are. Once you've done that you can start to narrow your selection. If you have no investing experience, you'll want to find a firm with brokers you can talk to face to face. Things to consider are the firm's rate of returns, broker commission fees, and any complaints the firm may have about unethical activites.
How did the colonists respond to the navigation acts?
before the navigation acts the colonists could trade more freely
What two elements were discovered in 1990's?
No elements were discovered in 1990. Two elements were discovered in 1994. They were Darmstadtium (atomic number 110) and Roentgenium (atomic number 111). Copernicium was discovered in 1996 and Fleroovium was discovered in 1999.
What is the difference between LLP and traditional partnership firm?
Under traditional partnership firm, every partner is liable, jointly with all the other partners and also severally for all acts of the firm done while he is a partner. Under LLP structure, liability of the partner is limited to his agreed contribution. Further, no partner is liable on account of the independent or un-authorized acts of other partners, thus allowing individual partners to be shielded from joint liability created by another partner's wrongful acts or misconduct.
Is it socially responsible for organizaions to join associations to influence the government?
Organizational practices may strongly influence the ethical standards of employees. Some organizations openly permit unethical business practices as long as they are in the firm's best interests.
Does effective environmental management make firm more competitive?
The ethical problems in the business occurs when the company do not care of its waste material and this material is harmful for the society . The dangurous chemicals effect the peoples of surronding areas. This is the main cause of unethical behavior of the firms.
Are Nigerian businessmen socially responsible?
Most Nigeria Companies are socially responsible based on the following categories.1. Obstructionist: These are firm that operates businesses that are illegal and unethical to the society. Robbery, Fraudulent .2. Defensive: These are firms that operates businesses that are legal but unethical to the immediate environment.3. Accommodative Approach: These are legal and ethical in their business4. Proactive Approach: These are business that are legal and ethical to the society by proactivel developing strategy that are use to solve problems.
What are the duties and rights of the partners?
Rights and Duties of the Partners of the Firm Mutual trust and cordiality are the heart of smooth functioning of the partnership firm. Acts of the partner bind the firm and all partners of the firm to the outside world: Rights of the Partners 1.Right to take part in the conduct of management of the firm. 2.Right of being consulted and chance of expression of opinion in the conduct of the business. Decisions are taken on the basis of the vote of the majority. However for the following acts the decisions needs to be taken on unanimous basis: a) Change in the nature of the business. b) Change in the place of business. c) Incase of any particular item if the partnership deed provides that decision needs to be taken on unanimous basis. d) Admission or expulsion of partner (subject to as provided in deed). 3.Right to have access to books of accounts of the firm. 4.Right to share profits of the firm as per the partnership deed, and if the deed is silent in this regard, to share profits equally. 5.Right to have interest on capital deployed for the firm. 6.Right to receive remuneration for conduct of management of the firm. 7.Right to receive interest on temporary advances made to the firm. 8.Right to be indemnified for any acts done in an ordinary course of business for the best interests of the firm. Duties of the Partners 1. Absolute Duties Following are the absolute duties of partners: a) Duty to act in good faith in the conduct of partnership. b) Duty to carry on business in true and commercial prudence for the advantage of all the partners. c) Duty to account for true account for other partners. d) Duty to indemnify firm for any loss caused to the firm on account of fraud done by a partner to any third party. e) Duty to provide true and correct information with regard to transactions of the firm to all the other partners of the firm. f) Every partner of the firm is jointly and severally liable for all the liabilities concerning the firm. A creditor of the firm can proceed against the firm or any partner of the firm to enforce his right. g) No partner can transfer his interest or assign his interest without the permission of other partners of the firm. 2. Qualified Duties Following are the implied duties on the part of partners of the firm unless any contrary is proved: a) Duty to act diligently with care and prudent means in the conduct of business. b) Duty to share losses of the firm. c) Duty to use firm's property exclusively for the best interest of the firm's business. d) Duty to indemnify to the firm any loss caused to the firm on account of willful neglect on part of the partner. e) Not to account for the secret profits at the expense of the firm. f) Not to start any business of competing nature.
What is the part speech of firm?
noun - law firm adjective - a firm stance adverb - stand firm verb - to firm
What part of speech is the word firm?
noun - law firm adjective - a firm stance adverb - stand firm verb - to firm
What is maximizing a firm value?
Value can be broadly divided as perceived and the realized value. The perceived value is the one that determines the effect of the realized ones. The maximization of the value of firm relates to the concept that how the business of the firm is being perceived as in the business world. Creating a value through ones core competence and making your customer the king of your business helps in building the value of the firm. The firms value acts as the deciding ones for making the clients follow your business. In recent business scenario the profit motif has shifted to the value motif.
Is firm a noun?
Yes firm is an adjective eg. firm booting. Booting is the noun and firm is the adjective
