which the parties undertake binding obligations. The vast majority of all business --- both personal and commercial --- is conducted pursuant to contracts‚ either oral or written‚ and courts of law decide disputes between parties to contracts. The four basic elements necessary for formation of a valid contract are capacity‚ offer and acceptance‚ consideration and compliance with law and public policy. Also‚ implicit in every contract is a duty to act in good faith and deal fairly with the other party
Premium Contract Contract law
different excuses of why people lie. One thing is right thought and that is that lying is considered morally wrong in our society. In the United States Army lying is considered one of the most immoral actions a soldier or anyone else can take towards the army‚ especially if it’s lying to an NCO. In the army there is a zero tolerance for liars and lying in general. Even thought lying is morally wrong people continue to lie in their everyday lives. As a soldier one must not fall into the temptation or
Premium United States Army Morality Lie
What is Communication? Mary and Bertha (2010) point out that “Communication is the transmission of information and meaning from one individual or group to another.” (Page 5) The term communication means that the sender has an idea and the sender encodes the message which will be decodes by the receiver. Here is the process of communication which had been point out from the book of Mary and Bertha (2010) Sender has an idea. – The sender has information to be told to‚ the idea may be influence by
Premium Communication Understanding
Four Principles of Management Jacqueline Garcia University of Phoenix November 10‚ 2007 Many Fortune 500 companies have management training programs. A company must always have the competitive edge over its competitors. These companies must invest in creating curriculums to help the mangers create motivation in the employees as well as attain the goals set forth by the corporation. According to the Random House Unabridged Dictionary‚ management is "the act or manner of managing: handling
Premium Management
German into English. In German this sentence is a joke. The part which makes this sentence funny‚ however‚ cannot be translated into English because the German word for pony and fringe is the same – ”Pony“. This shows that the joke is lost in translation. This essay is going to analyse what is lost in translation from one language to another and why it is lost. “Anything that can be said in one language can be said in another‚ unless the form is an essential element of the message“ says Eugene Nadi
Premium Translation Language Poetry
What are the four functions of management? The four functions of management are planning‚ organizing‚ leading‚ and controlling. Planning is a real key idea in the management function. Managers that plan are keeping their mind on the end result. They forecast from current and past experiences or situations. They achieve results by using resources that are available to them without shooting over their budget. Organizing is taking all the resource they have available to them and coordinating them
Premium Management
Page 1. Introduction……………………………………………………………4 2. Key definitions……………..…………………………………..……..5 3. Strategic Management Process Model………………………………...6 4. Conclusion……………………………………………………………10 5. Bibliography………………………………………………………….11 Introduction In the modern economy‚ competitiveness means information and know-how rather than capital and physical assets. Therefore‚ the key process for any competitive organization is to strategically use
Premium Strategic management Strategic planning
There are four stages in the perceptual process: information attention and selection‚ organization of information‚ information interpretation‚ and information retrieval. Information attention and selection involves the screening of the vast amount of information bombarding a person to determine the information on which he/she will actually focus. Organization of information involves the use of schemas –– person‚ script‚ and person-in-situation –– to efficiently organize the information that is perceived
Premium Psychology Memory Hippocampus
The Basics of Management Control Systems Chapter 1: Management and Control The Basics of Management Control Systems Management control u The process by which management: – ensures that people in the organization carry out organizational objectives and strategies; (Reactive: measure performance and compare it with pre-set standards‚ take corrective actions‚ etc.) – encourages‚ enables‚ or‚ sometimes “forces” forces” employees to act in the organization ’s best interest. organization’
Premium Control Management Control theory
manage a hotel resort located on the South Beach on the Island of Kauai in Hawaii. You are shifting the focus of your resort from a traditional fun-in-the-sun destination to eco-tourism. (Eco-tourism focuses on environmental awareness and education.) How would you classify the following projects in terms of compliance‚ strategic‚ and operational? a. Convert the pool heating system from electrical to solar power. b. Build a 4-mile nature hiking trail. c. Renovate the horse barn.
Premium Net present value