Answered: a) Case 1 British Luxury car…

Principles Of Marketing

17th Edition

ISBN:9780134492513

Author:Kotler, Philip, Armstrong, Gary (gary M.)

Publisher:Kotler, Philip, Armstrong, Gary (gary M.)

Chapter1: Marketing: Creating Customer Value And Engagement

Section: Chapter Questions

Problem 1.1DQ

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Question: 3 a) Case 1 British Luxury car manufacturer and Chinese’s Company Cherry Automobiles developed a short term partnership to form ‘Cherry Jaguar Land Rover Automotive Company in 2021 a.Identify the nature and type of commercial company they can form in Oman. b.List all features of such an organization b) Case 2 Mr. Mahmoud is having a Joint Stock Company SAOG for past 2 years and he is very successful. Now, Mr. Mahomoud wants to make an investment of 51% in another company called Al Raafah SAOG. a) Can Mr. Mahmoud make such an investment and what must be the minimum capital requirement for such an investment? b) As per Oman commercial company law what is the name provided for such companies. c) State four important objectives of such a company.

Definition Definition Arrangement between two or more people whereby they agree to manage business operations and share its profits and losses in an agreed ratio. The agreement drafted and signed by the partners of the firm is termed as a partnership deed and contains various important clauses agreed between the partners such as profit/loss sharing, interest on capital, remuneration allocation of each partner, and drawings of a partner.

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