Sole Proprietorship
The vast majority of small businesses start out as sole proprietorships. These firms are owned by one person, usually the individual who has day-to-day responsibility …
Read MBA, BBA, B.COM Notes
The vast majority of small businesses start out as sole proprietorships. These firms are owned by one person, usually the individual who has day-to-day responsibility …
In a Partnership, two or more people share ownership of a single business. Like proprietorships, the law does not distinguish between the business and its …
Features of a Joint Stock Company 1) Artificial Legal Person A company is a legal entity that has been created by the statues of law. …
A cooperative society is not a new concept. It prevails in all the countries, this is almost a universal concept. The cooperative society is active …
Business combinations are combinations formed by two or more business units, with a view to achieving certain common objective (specially elimination of competition); such combinations …
The basic objective of combinations is the sustained profitable growth of the combining enterprises. This basic objective is realized by achieving economies of scale, reducing …
Business combinations are of the following types: (i) Horizontal Combinations. (ii) Vertical Combinations. (iii) Lateral or Allied Combinations: Lateral combination refers to the combination of …
A merger is the combination of two companies into one by either closing the old entities into one new entity or by one company absorbing …
A takeover (or acquisition) involves one business acquiring control of another business Takeovers (or acquisitions as they are otherwise known) are the most common form …
An acquisition is defined as a corporate transaction where one company purchases a portion or all of another company’s shares or assets. Acquisitions are typically …