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Rental activities, one may even materially participate in them unless he is a real estate professional. Trade or business activities in which one does not materially participate during the year. [20] Portfolio income (interest, dividends, royalties, gains on stocks and bonds) is considered passive income by some analysts.
Conditions typically include matters such as regulatory approvals and the lack of any material adverse change in the target's business. Representations and warranties by the seller with regard to the company, which are claimed to be true at both the time of signing and the time of closing.
Economics of participation is an umbrella term spanning the economic analysis of worker cooperatives, labor-managed firms, profit sharing, gain sharing, employee ownership, employee stock ownership plans, works councils, codetermination, and other mechanisms which employees use to participate in their firm's decision making and financial results.
This definition superseded the previous definition given in section 239 of Indian Contract Act 1872 as – "Partnership is the relation which subsists between persons who have agreed to combine their property, labor, skill in some business, and to share the profits thereof between them". The 1932 definition added the concept of mutual agency.
The goal of materials management is to provide an unbroken chain of components for production to manufacture goods on time for customers. The materials department is charged with releasing materials to a supply base, ensuring that the materials are delivered on time to the company using the correct carrier.
The Marathi Wikipedia was available in the wikipedia.org domain from 2003 May 1. 'Vasant Panchami'( वसंत पंचमी ) [ 4 ] ( Vasant Panchami ) and 'Audumbar' ( औदुंबर (कविता) ), a poem by the poet Balkavi [ 5 ] were the first articles created on Marathi Wikipedia on 2 May 2003.
Commerce is the organized system of activities, functions, procedures and institutions that directly or indirectly contribute to the smooth, unhindered large-scale distribution and transfer (exchange through buying and selling) of goods and services at the right time, place, quantity, quality and price through various channels among the original producers and the final consumers within local ...
A strategic alliance is an agreement between two or more players to share resources or knowledge, to be beneficial to all parties involved. It is a way to supplement internal assets, capabilities and activities, with access to needed resources or processes from outside players such as suppliers, customers, competitors, companies in different industries, brand owners, universities, institutes ...