Limited Liability in a Company Essay Example | Topics and Well Written Essays - 1250 words

limited Liability in a Company - Essay ExampleThe word limited indicates that the liability of members in respect of companys debts and other liabilities is limited to amount carryd or undertaken by the member to contribute in respect of shargon capital of the company. Limited liability protects shareholders against any financial loss special the investment4. It has been termed as the greatest single discovery of modern times, even more than steam and electricity.5As per Ross Grantham and Charles Rickett6, in that location are certain economic justifications for such restriction of liabilities of a member of a limited ashes corporate. The limited liability reduces the shareholders responsibility to monitor corporate managers because the financial consequences of company failure on shareholders are limited. Corporate managers work efficiently for profit maximization because limited liability induces free share transferability that would soldiery shareholders to withdraw funds fr om unprofitable ventures. Directors who run the company can take run a risky decisions as swell as they aware that shareholders have nothing at stake.7 That is why Tony Orhnial8 states that limited liability is not related to company structure but to the businesss economic risks, and is instrumental to the encouragement of entrepreneurial risk bearing and innovative attitude. The principle of creating a limited liability company is that debts in character reference of failures cannot be carried back to founders9.Limited liability works as an extra non- taxable incentive for investments withal dividends and capital gains on transfers of shares that are taxable. Moreover, the attribute of limited liability is quite significant when work locale, machinery, chemicals, or even artwork are potentially hazardous10 Limited liability has helped to develop open share market.11 The primary objective of limited liability is toencourage investment by the public in risk-taking enterprises by insulating the investing public from debts of the enterprise.

A Comarison of Typical and Atypical Development of Language and Essay

A Comarison of Typical and unrepresentative Development of Language and Literacy Skills and Practices - Essay ExampleAs the discussion stresses, there are several environmental factors that are known to affect literacy victimization, though their impacts are unique to each individual. Some of the factors include the address exposure, parental support, and family background. These factors affect the ability of an individual to make progress in literacy skills and capability. This paper explores the typical development and atypical development among persons of similar age. To do this, the treatise looks at both studies of individuals with different profiles and family backgrounds. The paper looks at the cognitive and organizational skills, the working skill processing memory, communication, emotional balance and the behavior of the two individuals. In the judging and analysis of the two types of development among persons in different age groups, the various risk factors that diffe rentiate the two are normally assessed, however, it is likewise substantial to note that when observing and assessing typical and atypical development in individuals to determine the literacy progress, not only the risk factors should be looked at. Protective factors have also been used to stand by determine the progress and path of development.One of the most common ways in which typical and atypical development is assessed is through systemic observation. Systemic observation of an individuals behaviors and abilities is normally done all over a certain period of time. This entails looking at the indicator factors, as well as the restrictive factors that influence literacy development.

Women Expatriates Research Paper Example | Topics and Well Written Essays - 250 words

Women Expatriates - Research Paper ExampleThis asserts that their main task in an organization is to maintain the structure and philosophy of the organization. However, the women transportations should have a different cross-cultural training architectural plan because of the numerous challenges they face (Ismail & Tahir, 2007). In this course of study, they are supposed to learn how to interrelate with their male co-workers. This affirms that women expatriates are of superior benefit to companies.Recent research confirms that women expatriates have several advantages over the male expatriates. This is or soly attributed to the socialization of a woman with her co-workers. This enables them to understand all the surrounding happenings. Therefore, most women use their socialization ability as an plus over their male counterpart. On the other hand, the men expatriates are regarded as more competent compared to the women (Ismail & Tahir, 2007). In most companies, there are more me n expatriates than the women expatriates. Women also face different challenges as expatriates. The most common challenge that women face in their line of duty is the bad treatment which is usually by the male co-workers in the company. The male expatriates mostly face cross-cultural challenges in their new environment. This is because they are approach with cultural shock in the new environment.Nowadays, women are faced with various challenges and adjustment problems in the expatriate profession. One of the most common challenges is related to the custom and religion aspect. In most multiethnic countries, women expatriates project a difficulty in understanding the dress code of local individuals (Haile, Jones, & Emmanuel, 2007). According to various sources, when women expatriates do not understand the proper dress code, they might end up dressing against the social norms then the locals can portray negative remarks. Therefore, companies are supposed to provide a cross-cultural t raining program to the expatriates for

Developing Sociological Imagination Essay Example | Topics and Well Written Essays - 2000 words

development Sociological Imagination - Essay ExampleThey hide at the first sign of trouble, withdrawing into indifference and fear. face with issues they do not understand, with structural forces that they cannot comprehend and over which they appear to have no power, ordinary battalion withdraw into apathy or anxiety, observed C. Wright Mills, the social scientist who in 1959 blazed the trail on exploitation a grapheme of mind that could help ordinary mountain dissociate themselves from the ostriches in dealing with danger and problems. A false sense of security is either the ostrich example can give us. By developing what came to be known as sociological imagination, we would know what we ar up against. This knowledge will because help us understand any problem that gets in our way to effectively cut it mow to size and hopefully cease to elicit fear in us since it is no longer an foreigner entity.When we dont feel any threat to the set of values we cherish, it is believe d we get down well-being. In the presence of these threats, we experience a crisis. And when we are un apprised of any cherished values and feel no threat, this becomes an experience of indifference, apathy if it concerns all our cherished values. However, when unaware of any cherished value but aware of a threat, this results in an experience of uneasiness and anxiety which, if total enough, becomes a deadly unspecified malaise.Sociological Sociological imagination, Mills explains, is the quality of mind urgently needed in our cultural period to cope with the anxiety, uneasiness and indifference that brook in todays world. Uneasiness and indifference are considered the signal features of our age as a result of the dizzying changes occurrence in our midst. Governments that used to function as democracies, for example, suddenly fell into the control of despots. In states that were once semipolitical colonies, new and subtler forms of imperialism were installed. Societies once rel atively peaceful became the object of random and senseless terrorist attacks. Such changes send people out of kilter, giving them the sense of being trapped. We get this sense of being trapped, sociologists believe, when we are not aware of the intricate connection between the pattern of our own lives and the course of history, and what this connection means for the kinds of people we are turning into and the kinds of history-making in which they might take part. To let ourselves out of this trap, we must employ sociology ethically, through sociological imagination, to allow us some sense of control over events by showing how public issues are interconnected with our lives, our history, biographical experiences and social structure milieus. By understanding the larger historical scene in terms of its meaning for the inner life and the external career of a variety of individuals, we will be equipped with information necessary for developing reason that would achieve lucid summations of what is going on in the world and what may be happening within ourselves. Sociological imagination will enable us to shift from one perspective to another - from the political to the psychological, from examination of a single family to comparative sound judgment of the worlds national budgets, from the theological school to the military establishment, even from studies on the oil industry to that of contemporary poetry. With much(prenominal)