Business-related policies

Business-related policies

(4) In any business established under the Delayed. Decisions Partnership, two or. two more people take part, so it is necessary to consult all the participants when making.

business-related policies.

And a meeting of. the participants are. called by setting a date and all the decisions related to the business. placed in front of the participants in the meeting, in which. case it is not necessary that all the participants on one's daily decisions,

So this process of mutual consultation sometimes. lasts for several days or weeks, which delays. business decisions and it is necessary for the business to make all its decisions. at the right time so that the business arises.

Opportunities can be. taken advantage of.

(5) Transfer of rights transfer of rights. One of the biggest flaws in a partnership is the process of devolution of rights. In a sole

proprietary business, the sole owner of the. business can transfer the rights of his business to whomever. he wishes, whereas in partnership this cannot be the case.

In the partnership process, no participant can. transfer his rights to anyone else, nor. can he sell his share in the partnership business to someone else of his own free will, because? the process of transferring the rights can lead to revenge for the partnership.

But, with the consent of all participants, a participant. can sell his share of the investment to another. participant or an outsider.

(6) One of the major drawbacks of carelessness. the partnership is that it promotes a tendency of. carelessness among the participants.

Generally, participants. in the partnership. business is not only associated with this partnership. business, but they, also have other sources of, income.

since there are two or more people involved. in the partnership business, they try to. impose theirs. responsibilities related to the business on others.

In this way, all the participants neglect to fulfill. their responsibilities, this situation becomes more. serious when one or a few people are in the partnership. business take over the business and the rest of the individuals are.

Rather, by investing capital, they receive. their share of profits sitting at home, so they also avoid. participating in important decisions related to the. business, and thus the tendency to carelessness increases.

Because everyone is. interested in his profits. and the interest in which he gets profit through the business. decreases, so this negligence of the evil proves to be very. harmful to the participatory business.

(7) One disadvantage of business under lack of secrecy. the partnership is that it lacks privacy because.

Thus, first of all, business matters and. business-related calculations, buy situation, and sales volume are. placed in front of all the participants, due to which all. related matters are all participants.

Apart from this, all the policies and decisions. related to the business are also presented. to all the participants in advance, so all the policies of the. business is also presented to the participants.

And any partner of the business. can do anything related to business policies or business. matters in front of people who are not related to the business, such. business-related. policies are likely to reach other competitive organizations and in such a case

If the policies of one business are. used in another. business, then these policies do. not remain associated with. it's business but becomes beneficial. for its opponent, so the. lack of secrecy is harmful to the partnership business.