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Industrial undertaking is the process by which individuals of a company undertake risks for the company

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A person who organizes and manages a business undertaking is called a what?

An entrepreneur.


What is the difference between 'enterprise' and 'undertaking'?

Enterprise: a project undertaken or to be undertaken, esp. one that is important or difficult or that requires boldness or energy: To keep the peace is a difficult enterprise. Undertaking: the act of a person who undertakes any task or responsibility.


What is Irrevocable undertaking as guarantor?

An irrevocable undertaking as a guarantor is a legal commitment made by a guarantor to fulfill the obligations of a borrower if the borrower defaults on a loan or contract. This undertaking cannot be rescinded or altered without the consent of the lender, providing a high level of security for the lender. It typically includes specific terms outlining the conditions under which the guarantor will be liable. This type of commitment is commonly used in financial agreements to mitigate risk for lenders.


What is an irrevocable bank payment undertaking?

An irrevocable bank payment undertaking is a commitment made by a bank to pay a specified amount to a beneficiary upon the fulfillment of certain conditions, without the possibility of cancellation or modification by the bank without the beneficiary's consent. This type of undertaking provides assurance to the beneficiary that the payment will be made as agreed, promoting trust in commercial transactions. It is commonly used in international trade and financing agreements to secure payments.


The formation of joint-stock companies allowed private investors to?

Share the risks and profits of an undertaking. Just a guess, though.

Related Questions

What is public enterprise management?

Public enterprise means the ownership and operation of industrial , financial, and commercial undertaking.


What preposition follows the verb undertaking?

The preposition "of" typically follows the verb "undertaking." For example, "She is in the process of undertaking a new project."


What is the difference between a Deed of Undertaking and a Deed of Assignment?

deed of undertaking


What has the author Paul Ernest Devinat written?

Paul Ernest Devinat has written: 'Working conditions in a rationalized undertaking' -- subject(s): Footwear industry, Industrial efficiency, Shoe industry


What are the features of departmental undertaking?

Departmental undertaking a business organisation hane several departments


What is the difference between an undertaking and intentions?

Intending is when you hope to do something and undertaking is when you commit to something


What actors and actresses appeared in An Undertaking - 2011?

The cast of An Undertaking - 2011 includes: Clayton Garrett


What is the antonym for undertaking?

Idleness, inactivity, or passivity. Those words are the opposite of undertaking.


When was Managing the Details of an Undertaking created?

Managing the Details of an Undertaking was created on 2007-05-29.


What has the author K G Agrawal written?

K. G. Agrawal has written: 'Casual labour of Kanpur' -- subject(s): Casual labor 'Supervisor, man and leader' -- subject(s): Delhi Electric Supply Undertaking, Delhi Transport Corporation, Employees, Industrial Supervisors, Supervisors, Industrial


What are the release dates for The Grave Undertaking - 1917?

The Grave Undertaking - 1917 was released on: USA: 9 December 1917


What type of policy is the government undertaking when they raise taxes and.or reduce federal expenditures?

The government is undertaking a contractionary policy.