Nepalese and International Regional Organization

Nepalese Organization

An organization is a cohesive system of human and non-human resources cooperating to achieve a set of common goals. According to this perspective, a business organization can be described as a combination of building methods used to acquire money through the standard system of production and distribution. Numerous company firms have emerged on the planet of the industry as a result of the development of the financial sectors and the globalization of business practices. The following are examples of traditional business forms:

Sole Trading Concern

A sole trading concern is a type of business organization that is created under one owner's control and administration, where the owner bears complete responsibility for splitting the profits and taking on the associated risks and losses. A sole trader is a person who owns and operates a business using his or her own capital, accepting full managerial responsibility, and keeping all of the profit or loss for themselves. The oldest and most typical corporate group is this one.

These are the main characteristics:

• One or only possession
• Unlimited legal liability
• Limit on capital
• Sharing profits or losses with himself

Partnership Company

A sole proprietorship could not operate a business of a significant size and volume due to the restricted resources, managerial ability, and cash available. Over time, this type of corporate structure was unable to meet the rising demand. In order to conduct business by combining their assets and skills, the businesspeople routinely formed partnership groups. A person might only have adequate business capacity but no capital, or they might have a funding partner but lack managerial and technical training. Consequently, a partnership is created by merging the resources needed to run a large-scale firm successfully and profitably. As a result, a partnership may be described as an agreement between two or more people to operate a particular business under established ownership and with shared responsibility for its operations. It needs to be registered in accordance with the relevant international law. In the partnership industry, all members who have invested money into the business are referred to as partners and the group as a whole is referred to as the partnership.

Joint Stock Company

Construction used to be done on a tiny, cottage scale before the industrial revolution in the late 19th century. The process of production and distribution has undergone significant modifications as a result of the industrial and transportation revolution. As a result, throughout the second half of the 19th century, exchange activities also started to strengthen from sole proprietorship and partnership to national and international organizations. A completely new class of trading organization called a joint stock company was created. Originally, the sole proprietorship and partnership business models were meant to be barriers to be surmounted by this type of company entity. Consequently, a joint stock company could alternatively be described as a legal fiction with a limited liability and perpetual succession, an unusual title, a fashioned seal, and a regular capital divided into a number of transferable shares. An organization's membership is its property.

One of a joint stock company's most important characteristics is

• A non-profit institution.
• Share capital that is divisible and transferrable.
• Limited liability.
• Regular seal
• Management by a consultant.
• Continuous sequence, etc.

Public Companies

Business ventures in the specialized sector such sole trading, partnerships, and joint stock companies led to the concentration of the means of building in the hands of a small number of people on the one hand and the focus on income maximization on the other. As a result, the government's involvement in the private sector, particularly in the areas of basic needs and public utilities, used to be substantially realized. In order to manage the goods and services in public utility sectors like water, electrical energy, transportation, communiqué, baking, etc. for the benefit of the populace, the federal government started to own and control one of the most industrial and buying and selling undertakings, either entirely or in part.

In light of this, a public corporation may be defined as a commercial or business undertaking included by a specific legislation, with some government privileges to conduct business in public utility services under the full or partial ownership and management of the federal government. To carry out the specific business, it is a self-sustaining or partially independent body.

Cooperative Societies

The majority of the factors of production have started to become concentrated in the hands of a small number of capitalists as a result of the ever-increasing participation of private sector entrepreneurs in economic activities. The expansion and development of the capitalist system of corporate organization pushed the entire economy toward a convoluted network of middlemen. Therefore, the industry parties, particularly the manufacturers, started to take advantage of the core and shrink class people. Because of this, the buyers started banding together to create cooperatives to manage the business activities in an excellent way for their own benefit. A cooperative society could be defined as a type of trade group where people of average means and long-established interest freely partner together on the basis of equality for the promotion of their economic curiosity and deliver with their desires with mutual efforts with provider intent as a sui generis. The following are some typical traits of cooperative societies:

• Voluntary organization
• Building blocks for harmony and equality.
• Cooperative spirit
• Cash exchange.
• Distinct authorized organization.
• Restricted liability

International Organization

The industrialization of the world and the advancement of information technology have led to the globalization of business activity. Especially after the two world wars, the industrialized nations had proposed the idea of establishing organizations to capture the global market for resources. By leveraging local resources at a little cost, multinational corporations place the production products under the direct or collaborative possession and control of the critical corporation in a few different countries. It does two different kinds of business:

• Because of the rich business, the guardian manufacturer was established in the significant country.
• The host or subsidiary manufacturer formed in other countries as department corporations bearing the same name but incorporated in accordance with the provisions of the relevant country's corporation act

Therefore, a multinational manufacturer can be defined as a company that operates in at least two distinct countries by opening its parent company in the main country and subsidiary companies in other countries to carry out the same operations.

International organizations have always been seen of as bodies with a single function: the management of common problems. According to the conventional wisdom, businesses serve as the extensions of states, carrying out tasks that they themselves are unable to perform. The idea that predominates in the literature is that a global institution is endowed with duties; it is an inspiration of an organization established by states to carry out tasks that they are unable to (or are unlikely to be willing to) carry out on their own. Examples include managing a global waterway, exposing human rights violations, offering loans to promote financial development, facilitating soft industrial family members, etc. According to this perspective, even maintaining peace and security may be reduced to a managerial task, leaving the extraordinary to experts. This modernist idea, which assumes that society is malleable, has likely never been put forth more forcefully than with the help of a US peace activist and amazing citizen. Identifying two global group conceptions is perhaps no longer a particularly groundbreaking discovery. The conventional view that GATT and WTO started out as debating groups and improved over time to become more legal and successful is plainly supported by something along these lines: This argument is based on the assumption that political issues grow linearly. The two concepts also have a slight resemblance to the balance that Joseph Wailer found between the political and judicial institutions of the European neighborhood and subsequently the WTO, as well as David Kennedy's reference to the law-politics divide in the League of Nations organization.

References

Flippo, Edwin B. Personnel Management. London: Oxford Press, 1980.

Gynwal, Ram Prasad. Know Nepal. Kathmandu: Bhundipuran Prakashan, 2012.

Hamilton, Francis B. An Account of the Kingdom of Nepal. New Delhi: Manjushri Publishing House, 1971.

Heywood, Andrew. Politics. New York: Palgrave Macmillan, 2002.

nepaldemocracy.org/institutions/intl_orgs.htm