Discy Latest Questions

  1. Burn rate refers to the rate at which a company spends its supply of cash over time. It's the rate of negative cash flow, usually quoted as a monthly rate. Its very important for a business to have a good burn rate and to know that what works for it to maintain it. Its a key indicator to determine tRead more

    Burn rate refers to the rate at which a company spends its supply of cash over time. It’s the rate of negative cash flow, usually quoted as a monthly rate.
    Its very important for a business to have a good burn rate and to know that what works for it to maintain it. Its a key indicator to determine the financial health of the company. It reflects whether or not the company will survive for long term.
    A start-up is often unable to generate a positive net income in its early stages as it is focused on growing its customer base and improving its product. As such, seed stage investors or venture capitalists often provide funding based on a company’s burn rate.

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  1. Blueprint is a type of paper-based reproduction process producing white-on-blue images, used primarily for technical and architecture's drawings, now largely replaced by other technologies. The name ‘blueprint’ is derived from the material and the coating used to produce these plans in the past. TheRead more

    Blueprint is a type of paper-based reproduction process producing white-on-blue images, used primarily for technical and architecture’s drawings, now largely replaced by other technologies. The name ‘blueprint’ is derived from the material and the coating used to produce these plans in the past. The result of the printing process was the lines were white with a blue background. More recently blueprints smelled of ammonia which was part of the blueprint printing process.While a drawing showing technical details of a building, machine, etc., with unwanted details omitted, and often using symbols rather than detailed drawing to represent doors, valves, etc. It can be used to calculate square footage or as the guide in planning, choosing specific construction materials, and guiding your contractor in estimating the cost of your project. The “plan view” is the typical architectural drawing with each room shown from the top view looking down on the home with the roof removed.

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  1. The role of Board of Directors is significant and poignant for a company. The board determine the company's vision and mission to guide and set the pace for its current operations and future development it also determine the values to be promoted throughout the company and review company goals and pRead more

    The role of Board of Directors is significant and poignant for a company. The board determine the company’s vision and mission to guide and set the pace for its current operations and future development it also determine the values to be promoted throughout the company and review company goals and policies.
    The Directors review and evaluate present and future opportunities, threats and risks in the external environment and further determine strategic options, select those to be pursued, and decide the means to implement and support them.Their role is to create business strategies and ensure that the company’s organisational structure and capability are appropriate for implementing the chosen strategies.
    As they are on the top level of hierarchy, so they need to delegate authority to management, and monitor and evaluate the implementation of policies, strategies and business plans.They also need to determine monitoring criteria to be used by the board and ensure that internal controls are effective.
    They also need to understand and take into account the interests of shareholders and relevant stakeholders. While they should also monitor relations with shareholders and relevant stakeholders by the gathering and evaluation of appropriate information.

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  1. According to the Company laws, in a public company or a private company, two-thirds of the total numbers of Directors are appointed by the shareholders and the remaining one-third is appointed in accordance with the manner prescribed in Articles. If that does not happen or it fails, then the remainiRead more

    According to the Company laws, in a public company or a private company, two-thirds of the total numbers of Directors are appointed by the shareholders and the remaining one-third is appointed in accordance with the manner prescribed in Articles. If that does not happen or it fails, then the remaining one third shall also be appointed by the shareholders of a company. The Articles of a public company or a private company subsidiary of a public company may provide for the retirement of all the Directors also.
    In a private company, which is not a subsidiary of a public company, the Articles can prescribe the manner of appointment of any or all the Directors. In case there are no articles regarding it then again they are appointed by the shareholders.
    The Companies Act also permits the Articles to provide for the appointment of two-thirds of the Directors according to the principle of proportional representation, if so adopted by the company in question while Nominee directors can be appointed either by the Articles or the Government.

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  1. Well Rayon there are rules for everything as you may know, and it totally depends on the fact where you come from, so please try to look for them on search engines. As per my knowledge some basic requirements are there. Firstly, one needs to fulfill the minimum age criteria, in some countries its 16Read more

    Well Rayon there are rules for everything as you may know, and it totally depends on the fact where you come from, so please try to look for them on search engines. As per my knowledge some basic requirements are there. Firstly, one needs to fulfill the minimum age criteria, in some countries its 16 years. Secondly, a person who is not financially stable or maybe we can say a bankrupt person wouldn’t be allowed to join the board. And lastly, if a person was previously disqualified by court due to reasons like conducting fraud activities, or if a person is found to be the director of any other insolvent company, is found guilty of not abiding by the rules or any other misconduct whatsoever.
    Although these requirements are not same everywhere as I mentioned before, so do check them out before you proceed.

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  1. Going by the definition: A blueprint is a reproduction of a technical drawing using a contact print process on light-sensitive sheets. Introduced by Sir John Herschel in 1842, the process allowed rapid and accurate production of an unlimited number of copies, it is a guide for making something — it'Read more

    Going by the definition: A blueprint is a reproduction of a technical drawing using a contact print process on light-sensitive sheets. Introduced by Sir John Herschel in 1842, the process allowed rapid and accurate production of an unlimited number of copies, it is a guide for making something — it’s a design or pattern that can be followed.
    Although the literal meaning of a blueprint is a paper — which is blue — with plans for a building printed on it. You can also call other guides or plans blueprints. The way you do your homework every night could provide a blueprint for your little sister’s study habits. A business plan is a blueprint for a profitable business. Religions and philosophies provide the blueprint for many people’s lives. A blueprint helps you figure out what to do.

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  1. Blueprints are important for a number of reasons. The most vital in my opinion, is its necessity in life. Normally there would be several copies reproduced and distributed to the various entities involved in the building of the structure, tool, vehicle, etc. Blue prints are also important as a formRead more

    Blueprints are important for a number of reasons. The most vital in my opinion, is its necessity in life. Normally there would be several copies reproduced and distributed to the various entities involved in the building of the structure, tool, vehicle, etc. Blue prints are also important as a form of evidence to confirm the occurrence of a mistake or crime and someone is to blame. An example might be the laying of concrete. The concrete may need to be poured and allowed to dry in certain regions when the outside temperature is between 40 degrees and 90 degrees. If the foundation cracks later and litigation is an issue, those involved can go back and see what the temperature was on the day the concrete was poured. Then they can check the blueprints to see if this specification was listed in the plans. It may be an over site by the architect or by the contractor. The blueprint process is still used for special artistic and photographic effects, on paper and fabrics. Blueprint process eliminated the expense of photolithographic reproduction or of hand-tracing of original drawings.

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  1. Each set of blueprints should include floor plans; plans for the foundation and information on footings and framing; front, side and rear elevations; roof plan; electrical layout and kitchen cabinet layout; and construction details. A complete set of blueprints will include a floor plan, elevation dRead more

    Each set of blueprints should include floor plans; plans for the foundation and information on footings and framing; front, side and rear elevations; roof plan; electrical layout and kitchen cabinet layout; and construction details. A complete set of blueprints will include a floor plan, elevation drawings of each side of the structure, basement or foundation plan, including footings and bearing walls, a complete electrical layout, a framing plan, drawings of all plumbing and mechanical systems. Since each plan has a different scale, contractors are encouraged to make sure they are using the correct scale and that the scale is done correctly on the plans, too. It is quite common for any changes to be done off-scale because they are being done quickly to avoid interruptions in the project. It is clear that blueprints are a cornerstone for the completion of any construction project regardless of how small or big it is. Without an accurate and up-to-date construction plan, it is impossible for the field teams to complete their tasks in a timely manner and avoid wasting time and resources.

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