Strategic Management: Industrial revolution - Essay Example

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Strategic Management: Industrial revolution

Partnership, another form of business organization, emerged as an improvement over sole-proprietorship. But, still it could not cope up with the growth in economic activities. Moreover, partnership, too, has its limitations. The financial resources are limited to the extent of capital provided by its partners and their borrowing capacity. The managerial skills of partners are also limited. Again in sole-proprietorship and partnership, the liability of owner/owners is unlimited. In order to overcome these problems, a new form of business organization known as company came into existence.
Muslim community controls most of the Middle East. Muslims used to support other religion generally. Muslims believe Islam is only the religion. Muslims feel that the Jews are wrong in believing theirs is a god's religion. Muslims accept Jesus as a prophet and messiah whom Christians are worshipping as god. Christians have paid much attention towards Jews in the west, whereas in Muslims countries, the Jews were given less importance but they were wealthy. Christians and Jews are friendly in Europe with good religions atmosphere. Whereas in Muslims countries the Jews were treated as minority amongst other religions which resulted in they did not become intruded in Muslim areas.
It's every country's responsibility to protect it citizen's basic human rights. ...Show more

Summary

Industrial revolution ushered in anew era of economic development in England during the 18th century. It resulted in a change in the nature of economic activities. The size of market widened from national to international level due to large-scale production…
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Strategic Management: Industrial revolution essay example
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