When Can One Issue Cease and Desist Order In Business?

 

  Nelson Chisano, Mozambique

I just want to understand how this cease and desist order works especially within business world. And Who can it be directed between individual and company.

Posted: September 16 2013

  NDBS Answer:

This can be issued if one feels their business or individual status is compromised.  This is a formal request directed to individual or company to stop certain activities that may compromise the brand, proprietary rights of the company or individual issuing the order.  In business this happens where one company use the information or name of another company, an order can be issued to stop such behavior and failure to do so may lead to litigation. 

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  What Does Entrepreneurologist Do?

NDBS Reader

Posted: September 15 2013

  NDBS Answer:

Entrepreneeurlogist is someone who has formally or informally studied Entrepreneurs’s behavior.  Having understanding of how entrepreneurs think and act and Entrepreneurologist channels their energy into making profit and growing business.   Entrepreneurologist functions as advisor to Entrepreneurs in their personal capacity, especially their emotional needs, and also on how to run their businesses effectively.  

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  What Does Treps Mean?

NDBS Reader

Posted: September 12 2013

  NDBS Answer:

Treps is a slang or short word for Entrepreneurs or young entrepreneurs.

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  What is Name Dropping?

Alice Mckenzie, Swaziland

This word has been used in political circle and business just wonder what it may exactly mean.

Posted: September 02 2013

  NDBS Answer:

This is the practice of mentioning important people in order to impress your listener and solicit deals using their names without their consent.  This is commonly used by those who are related to prominent politicians or business people whereby a person trust their information and make payments based on the mentioned name.

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  What is Off-Shore?

Sandy Fitzpatrick, Canada

They drill oil they call it Off-shore and when you bank they call it off-shore. can you simplify it epecially on finance side.

Posted: August 26 2013

  NDBS Answer:

Off-shore means that something is based outside of one's national boundaries. It is commonly used to refer to foreign banks, corporations, investments and deposits. A company may legitimately move offshore for the purpose of tax avoidance or to enjoy relaxed regulations. An individual can have an Offshore Account, most countries have introduced measures where they limit the money that goes out to off-shore account to curb tax evasion and money laundering.

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  What Does Multinationals Mean?

Sammy Mlodzi, Zimbabwe

Posted: August 20 2013

  NDBS Answer:

This simply mean a company or organization that operates in different countries.  That organization has managers who oversee operations in each country as every country has its own laws and rules, therefore someone is needed on the ground to liaise regularly with authorities to enforce compliance.

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  What Is Impairment In Business?

NDBS Reader

Posted: August 15 2013

  NDBS Answer:

This is a reduction in a company's stated capital. This is usually reduced because of poorly estimated losses or gains.

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  How Much does It Cost To Register As Financial Service Provider?

Nandipha Sibanyoni, South Africa

I intend to register with FSB for my financial service but I am not getting clear fees, the ones on their website are very complicated an in Government Gazzette.

Posted: August 12 2013

  NDBS Answer:

The Financial service Board charges R 1 690 for the license, the amount exclude administrative FSP.  The fees increases based on the incorporated service to perform extra duties. 

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  What is Intrapreneur?

NDBS Reader

Posted: July 29 2013

  NDBS Answer:

This is an individual with entrepreneurial skill employed by a company to turn an idea into profit through applying entrepreneurial  skills.

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