AUTHORITY – Authority is that power which is exercised legitimately. All powers cannot be legitimate. Authority and legitimacy both depend on values‚ beliefs and attitude of the masses. Example of Authority: A robber who forces bank manager to handover cash on a gunpoint is not exercising “authority”. But when a police officer is controlling traffic and can use the threat of a fine or jail sentence‚ he is exercising authority. It is an investment in a legitimate form of power‚ it is profitable
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Is it necessary to challenge authority? Without question‚ it is vital to challenge the ideas and decisions of people in positions of authority. If one does not question authority‚ the people of the so called “no in positions of authority” would become mindless slaves to tyrants and despots. World history‚ literature‚ and American History all exemplify the necessity of questioning authority. During ancient Greece in the 200 BCE’s‚ modern logical thinking began to see its birth. The man known for
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With its windswept mesas‚ colorful cliffs‚ water-carved slot canyons‚ chiseled earth‚ rich colors‚ and magnificent vistas‚ the Colorado Plateau is one of the most beautiful and unique areas in the world. Located in the Four Corners region of the United States‚ the Plateau has ten National Parks and eighteen National Monuments within its boundaries. The Colorado Plateau is home to one of the seven natural wonders of the world located in the United States– the Grand Canyon. Complementing its natural
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Jhon Manrique Case # 3 Matav 1. What is Matav’s Strategy? Has it been successful? Matav‚ being the Hungarian Telecommunications leader‚ had secured their spot in most of the communications market in Hungary‚ including business services‚ residential services‚ Internet and Mobile. Their parent company Deutsche Telekom wanted them to remain an integrated telecommunications company. Later on they were facing a decline in the mobile market in Hungary with the only scope of expansion being the broadband
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The authority of an agent is the act which he is allowed or authorised to do by his principal‚ and which will bind his/her principal. Usually‚ the principal will only be bound by the act of the agent if the agent acts within his/her authority. There are two types of authority which an agent could rely on‚ namely actual authority and apparent or ostensible authority. Actual authority is the authority given by the principal to the agent and could be in written or oral form. The capacity of an
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10/6/2014 Case 3: Merck and River Blindness 1. Why was Merck hesitant about developing a human version of Ivermectin? Merck considered this opportunity as a high risk investment. The cost of developing the drug was estimated at $100 million. Even if it was successful to cure river blindness the victims were too poor to afford the drug. There was no way to distribute it in these rural areas were the victims were located. In addition‚ there was a possibility that people would misuse the drugs‚ which
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life. We may think that the rich get rich and the poor stay poor‚ because that is just “the way it is.” However‚ this is not the case. In Pulitzer Prize winning New York Times economic journalist David Leonhardt’s article from May 2014 “Inequality Has Been Going on Forever...but That Doesn’t Mean it’s inevitable‚” Leonhardt learns from French economist Thomas Piketty that income inequality occurs due to some individuals having extra capital to make more capital. Leonhardt specifies in his article that
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How efficient has Starbucks management been in utilizing its assets to generate sales? The efficiency which Starbucks© utilizes its assets to generate sales is a very important measurement of their performance. Asset management efficiency ratios are commonly used to assess the ability of a company to use its assets efficiently and to generate sales. These assets include fixed assets like plants and equipment as well as inventory‚ accounts receivable as well as any other current assets.
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Colorado Voter Reform: A Model for the Nation Since the early 2000s‚ many states have taken on the daunting task to reform age-old election processes. Many states have opted for simple changes‚ focusing on only a few revisions‚ the most contentious being a requirement for some form of photo identification when voting at the polls. While Colorado has had on the books its own identification requirements‚ the reform the state chose focused on neither that nor any other single reform. Instead‚ the reforms
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Case Study Exercise One Part One SWOT Analysis of adopting a new form of governance for Colorado Springs Utilities: Strengths (internal): • Politically insulates elected officials from unpopular‚ but necessary utility decisions • Reduces risk and legal liability to elected officials • Allows for greater subject matter expertise and focused attention on public utility issues by members of new utility board • Frees council members to focus their attention on other constituency issues • Allows for
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