Characteristics Of Job Design
JOAQUIM PIRES
BUSINESS ORGANISATION AND PROCESSES
ASSESSMENT 1 2006
Question 1.
Section (A)
In a Limited liability company, there must be at least two shareholders with no maximum upper limit who own the company. All limited companies must be registered with the Registrar of Companies to whom the companies must send their annual financial statements. A limited company is separated in law from its owners. Because it has its own legal entity, any disputes concerning the company, will be solely with the company and not the shareholders. The company is run by a board of directors, who in turn are chosen by the shareholders, who could be many but do not have any interest in running the company. Sometimes, because it is a small company with only a few shareholders they are the board as well. There are 2 types of limited companies, which are private limited or public limited.
There are 2 types of limited companies and they are private limited or public limited.
One......
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Approximate Pages: 13 (250 words per double-spaced page)
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