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This document contains rules regarding internal management of a company while the other document defines the objective of a company. quoting the lines from above,identify the 2 documents of a company discussed above and give any two differenve b/w them?
Most Upvoted Answer
This document contains rules regarding internal management of a compan...
Two Documents of a Company
Definition of Documents
The two documents being discussed here are:
- Rules regarding internal management of a company
- Objective of a company
Differences between Two Documents
There are several differences between the two documents:
- Scope: Rules regarding internal management of a company deal with the internal workings of the organization, while the objective of a company defines the company's overall purpose and goals.
- Focus: The rules regarding internal management of a company focus on how the company is run, while the objective of a company focuses on what the company hopes to achieve.
- Level of Detail: Rules regarding internal management of a company are often very detailed and specific, while the objective of a company is usually more general and broad.
- Legal Requirements: Rules regarding internal management of a company may be legally required, while the objective of a company is not legally required but is important for the company's success.
- Internal vs. External: Rules regarding internal management of a company are meant for internal use only, while the objective of a company is often communicated to external stakeholders, such as customers and investors.
Importance of Two Documents
Both documents are important for the success of a company:
- Rules regarding internal management of a company: These rules ensure that the company is run efficiently and effectively, and that employees understand what is expected of them. They can also help prevent legal issues and conflicts among employees.
- Objective of a company: The objective of a company gives employees a sense of purpose and direction, and helps them understand how their work contributes to the company's overall goals. It can also help attract customers and investors who share the company's values and goals.
Community Answer
This document contains rules regarding internal management of a compan...
" Article of association" contain rules and regulations of internal management . " Memorandum of association " defines the objectives of a company.
Difference between article of association and memorandum of association :-
* article of association is defined in section 2( 5 ) , whereas memorandom of association is defined in section 2( 56 ) .
* Memorandumof association contains powers and objectives of the company whereas article of association contain rules of the company.
Difference between article of association and memorandum of association :-
* article of association is defined in section 2( 5 ) , whereas memorandom of association is defined in section 2( 56 ) .
* Memorandumof association contains powers and objectives of the company whereas article of association contain rules of the company.
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This document contains rules regarding internal management of a company while the other document defines the objective of a company. quoting the lines from above,identify the 2 documents of a company discussed above and give any two differenve b/w them?
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This document contains rules regarding internal management of a company while the other document defines the objective of a company. quoting the lines from above,identify the 2 documents of a company discussed above and give any two differenve b/w them? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about This document contains rules regarding internal management of a company while the other document defines the objective of a company. quoting the lines from above,identify the 2 documents of a company discussed above and give any two differenve b/w them? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for This document contains rules regarding internal management of a company while the other document defines the objective of a company. quoting the lines from above,identify the 2 documents of a company discussed above and give any two differenve b/w them?.
This document contains rules regarding internal management of a company while the other document defines the objective of a company. quoting the lines from above,identify the 2 documents of a company discussed above and give any two differenve b/w them? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about This document contains rules regarding internal management of a company while the other document defines the objective of a company. quoting the lines from above,identify the 2 documents of a company discussed above and give any two differenve b/w them? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for This document contains rules regarding internal management of a company while the other document defines the objective of a company. quoting the lines from above,identify the 2 documents of a company discussed above and give any two differenve b/w them?.
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