Case Summary Digital Semiconductor was a business unit of Digital Equipment Corporation. John Gavin‚ the DS group controller‚ wanted the finance department to find ways to add value and better support the division because the DS business strategy had many changes over the past five years and the division was still operating at a loss. History: The semiconductor division which was a part of Digital Equipment Corporation expanded rapidly in the 1970s. Digital was financially very successful in 1988
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Principals as Instructional Leaders At some level‚ principals always have been instructional leaders—but never before has their role been more prominent. First‚ the accountability movement—No Child Left Behind in particular—thrust principals into the spotlight on academic achievement. Then budget cuts peeled away capacity at both the district and school levels‚ thinning the ranks of assistant superintendents‚ curriculum specialists and assistant principals‚ who shouldered some or most of the
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This case comes under Law of Agency. Agency Law is concerned with any “principal‚ agent and third party” relationship; a relationship in which one person has legal authority to act for another. Agency involves three parties : • Principal – Mr. Smithfield • Agent – U.K. Rail • Third Party – Pig resort/Care Centre Agency relationship may arise in five ways and one them which arise in this case is “Agency Of Necessity” and the requirements are : • Genuine necessity – there was a delay in delivering
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CASE I NAVEEN FISHERIES LTD. 1. What were the reasons for the sinking of the vessels? Answer The sinking of a ship is an unpredictable and undesirable incident. No matter how many precautions are taken‚ a ship can sink without any prior intimidation or signs. What are these signs‚ and why are they so difficult to trace in the first place? What are the reasons for the sinking of a ship? Rough Weather‚ Storms and Rogue Waves A famous saying is "No ship can fight Mother Nature.” In fact‚ Mother
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What is structure and agency? How does this framework help us in political analysis? For it is part and parcel of daily experience to feel both free and enchained‚ capable of shaping our own future and yet confronted by towering‚ seemingly impersonal constraints. Consequently in facing up to the problem of structure and agency social theorists are not just addressing crucial technical problems in the study of society‚ they are also confronting the most pressing social problem of the human condition
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The primary advantage of a corporate form of business is that a corporation is a stand-alone entity‚ which means you are not personally liable for the assets and debts of the business. Incorporating protects your personal assets from lawsuits‚ debt collection and other business issues that can arise. The stand-alone entity also separates tax liabilities‚ which is another advantage. This means that the corporation’s taxes are separate from your personal tax liabilities. As a business
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Unfair Dismissal of Agency Workers or Unfair Legislation in the UK for Businesses using Agency Workers? Abstract The contribution encapsulates a legal discussion on the controversial figure of the agency workers‚ from the judicial debate blossomed during the last decade in the British courts‚ as regards their legal characterization‚ until the most recent developments‚ particularly the legislative framework passed in Britain‚ the Agency Workers Regulations. On such footings‚ the investigation focuses
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the second wave in the positive theory of accounting‚ focuses among other things on agency theory. What is agency theory? Elaborate the components of agency costs as described by Jensen & Meckling (1976). Answer: Agency theory is based upon the more general contracting theory that the most cost effective form of organizing economic activity is through a firm based structure. Jensen & Meckling describe agency theory is a contract under one party (the principle) engages another party (agent)
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According to Aristotle‚ Form * Is that which disciplines‚ directs and constrains matter. * You are a bit of matter come to existence with various forms that are within. If the form of being triangle makes it possible to have a certain degree‚ then your form should be giving you that kind of necessity. Forms bring you into reality. When form brings discipline‚ structure‚ through time in the universe does it do through discipline. Determinism is whatever is going on is the only way things
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of Travel Agencies. Travel Agency is one of the service intensive industries and indispensible among the tourism business. But what is the specific role of travel agency in the hospitality industry and how does it affect the whole industry. Travel Agency is defined as a retail business selling travel-related products and services to customers on behalf of suppliers such as airlines‚ car rentals‚ cruise lines‚ hotels‚ sight-seeing tours and package holidays. When we say Travel Agency they are the
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