A business combination is a transaction in which the acquirer obtains control of another business (the acquiree). It is the process under which two or more business organizations or their net assets are brought under common control in a single business entity. When a voluntary association of firm.....
When a voluntary association of firms is formed to achieve common goals and to enjoy the monopoly advantages, that sort of initiative is called a business combination. A major disadvantage is business combination brings a monopoly in the market, which may be harmful to society. Combinations lead .....
Uses of Mobile Phone in Business Communication Mobile communication is an increasingly important part of every business. Mobile has made a revolution in the arena of communication as well as uses of mobile in business communication providing useful means to communicate anywhere supported by the n.....
Advantages of Business Combination A business combination is a transaction in which an acquirer gains control over a business. To determine if a business combination has happened, an acquirer must first evaluate whether it has acquired a business or a group of assets. The advantages of a combinat.....
A phantom stock plan is an employee benefit plan that offers many of the advantages of stock ownership to selected employees (senior management) without actually offering them any company stock. The employer gives the workers a number of units or phantom shares, in compliance with the terms of th.....
Advantages and Disadvantages of Fax Faxing may seem like an antiquated form of communication, but many companies are still using fax technology to keep their records safe and secure. Fax (short form of facsimile) also called telephoning or telefax. It is the most important device for communicatio.....
The dissimilarity between Amalgamation and Absorption Amalgamation is the legal process, in which two or more companies combine themselves to form a new company. Absorption is when two or more companies are combined into an existing company. Both amalgamation and absorption relate to a merger of .....
Information and Communication Technology (ICT) is the infrastructure and components that enable modern computing. In one word communication as well as business communication is motionless without information and communication technology. The value of ICT strategies as a means of bridging the digi.....
Requisition of Resolutions A resolution is only deemed received when all documentation, necessary to evidence the legal requirements, is received validly by the Company. A resolution to remove a director using the powers contained in the Companies Act only requires an ordinary resolution and most.....
Concept of Amalgamation An amalgamation is a combination of two or more companies into a new entity. When two or more companies carrying on similar business go into liquidation and a new company is formed to take over their business, it is called amalgamation. It is distinct from a merger because.....
A minute is a brief, but a complete record of all motion and resolutions that are taken based on the discussion held among the members in a meeting on the other hand. It a written document that describes actions taken and resolutions passed by the directors during a regular board meeting. A resol.....
Concept of Absorption in business Absorbed as a business term generally refers to taking in, acquiring, or bearing. Absorption is the process under which an existing large company purchases the business of another small company or companies doing similar business. The term can be applied in a num.....