Wednesday, February 19, 2020

Current Events Essay Example | Topics and Well Written Essays - 250 words - 1

Current Events - Essay Example However, the company has had to make many changes since it acquired Zain Africa in a deal that involved more than ten billion dollars (Campbell 416). The main reason was the existence of established mobile operators in individual countries and across regions. One of examples is the West African region where MTN has acquired a considerable stake of the market. However, apart from this, the high operating costs, a low-income market, political instability, and restrictive government policies have been among the major reasons for Airtel Africa reengineering. Despite the numerous changes that have faced this company the short-term achievements are exceptional (Campbell 417). The incentives the company has offered, such as low calling, texting, and Internet rates, have ensured the constant rise of the number of its subscribers. Moreover, the recent roll out of 3G Internet speed for its users has been its most successful promotional methods so far. The success achieved in the African market has established it among the five top mobile operators in the world. In conclusion, Bharti Airtel reengineering has been beneficial not only for the company but also for the African people. In a general business outlook, it is one of the main contributors to making Africa one of the fastest growing telephone markets in the world (Pan 14). Consequently, as shown by Bharti Airtel, reengineering is one of the most effective methods to expand, increase profits, and accelerate the growth of a

Tuesday, February 4, 2020

Business Structures Coursework Example | Topics and Well Written Essays - 500 words

Business Structures - Coursework Example General corporations exhibit unlimited life. They continue to exist upon the death of the shareholders. It is easier to transfer the ownership of a general corporation. Such transfer take place through sale of stock and does not affect the management of the business. As a business structure, general corporations have limitations. Relative to sole proprietorship, general corporations are expensive to start due to the large capital base required. The formation of general corporations entails more legal formality. They are also subject to many federal and state rules and regulations during their operations. Formation of S Corporation businesses depend on the decision of the owners to avoid income tax while at the same time keep enjoying the advantages associated with limited liability of corporations. In terms of advantages, the S corporations exhibit the same benefits as the general corporations. Distinction between the advantages of the two businesses structures sets in when it comes to tax issue (Jamison, 2009). S corporations enjoy exemption from double taxation that is mandatory for the general corporations. S Corporations escape from double taxation because reporting of incomes occurs once during the filing of personal tax returns of the shareholders. The liability of shareholders in S Corporation is limited. The major disadvantage of this type of business structure is the dominance in decision-making by the majority shareholder. At times, .the decision made may not be to the best interest of other shareholders. The shareholders in the S corporation must come from the United Stat es. Aliens do not have the right to run the business type. During formation of this business structure, certificate of incorporation is a requirement. A limited liability company combines limited liability features of corporations and limited taxation of sole proprietorship.