Answer:
To segregate an organization's resources according to the purpose(s) for which they are to be used.
Explanation:
A fund is a certain amount of money that is set aside for a specific purpose. These types of funds are often invested and managed by professional protfolio managers so that they make gains over time. Example of funds includes pension funds, insurance funds, endowments, and foundations.
For a company formation of funds helps the company segregate their resources so that they can be effectively allocated toeet various business needs.
Answer:
get into critical country markets quickly, gain inside knowledge about unfamiliar markets and cultures, and access valuable skills and competencies that are concentrated in particular geographic locations.
Explanation:
Globalization can be defined as the strategic process which involves the integration of various markets across the world to form a large global marketplace. Basically, globalization makes it possible for various organizations to produce goods and services that is used by consumers across the world.
Some examples of international economic organizations involved in global economy and trade are;
I. World Trade Organization (WTO).
II. United Nations (UN).
III. International Monetary Fund (IMF).
IV. United Nations Conference on Trade and Development (UNCTAD).
When a company or business firm strive for global market leadership, its main focus would be to pursue strategic alliances or collaborative partnerships with foreign companies. This would enable it get into critical country markets quickly and effectively, it would also gain an inside knowledge and understanding about unfamiliar markets, consumer demographics and cultures, as well as getting hold of valuable skills and competencies that are concentrated in specific geographic locations in the world.
<span>Joe's business is most likely a type of sole proprietorship. Sole proprietorships are usually ran by one person who accounts for all of the business expenses as part of their personal taxes so there is no difference between personal and business. This form of business also does not need to file any paperwork with the state. The owner just needs a business license.</span>
When leading a group project the most rising problem is deadlines and team coordination this can be handled by effective communication.
<h3>What is a group?</h3>
A group is referred to as a collection of people who come together to form a relationship or connection with each other. These groups mainly form to perform collaborative activities to achive something.
Working in a group was quite difficult as every individual have own perspective which causes differences of opinion and disagreement within the group.
This agreement can be solved by building effective communication and better relationships with group members in order to achieve the goal.
This will be helpful in the Restaurant business by dealing with customers and timely delivery of the demanded dish or service to them.
Learn more about communication, here:
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