Characteristics of Corporations Corporations represent an important type of organization. Their unique characteristics offer advantages and disadvantages. Advantages of Corporate Characteristics Separate legal entity: A corporation conducts its affairs with the same rights‚ duties‚ and responsibilities of a person. It takes actions through its agents‚ who are its officers and managers. Limited liability of stockholders: Stockholders are liable for neither corporate acts nor corporate debt
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1. TAYLOR PRINCIPLESIN McDONALDS MADE BY : MEENAKSHI AWANA (MBA/4505/11) 2. ABOUT MCDONALDS•McDonalds Corporation is the worlds largestchain of hamburger fast food restaurant• Serving around 64 million customers daily• Headquartered in the United States• The business began in 1940‚ with a restaurantopened by brothers Richard and MauriceMcDonald 3. The Principles of ScientificManagement Published by Frederick Winslow Taylor in 1911. He is often called "The Father of Scientific Management.“ His
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INTEREST ON EXECTIVE MANAGEMENT Conflict of interest is a set of circumstances that creates a risk that professional judgment or actions regarding a primary interest will be unduly influence by a secondary interest. Primary interest refers to the principal goals of the profession or activity‚ such as the protection of clients‚ the health of patients‚ the integrity of research‚ and the duties of public office. On the other hand secondary interest motives as the desire for professional advancement and
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The 8 Principals of Data Protection The Act regulates the use of “personal data”. To understand what this means we need first to look at how the Act works or defines the word “data” Data means; information which- a) is being processed by operating automatically in response to instructions given for that purpose. b) Is recorded with the intention that it should be processed. c) Is recorded as part of a relevant filing system with the intention that it should form part of relevant
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Characteristics of Effective School Principals Lokman Mohd Tahir; Hamdan Said Faculty of Education Universiti Teknologi Malaysia‚ Skudai‚ 81310‚ Johore. Hamidon A. Rahman Institut Aminuddin Baki‚ 69000‚ Sri Layang‚ Genting Highlands Abstract Researchers in the area of principalship have concluded that schools are effectively good as their principals. Despite some influential work of the effective schools research‚ Malaysians school principals are urged by the our former Directors General of Education
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Regulatory Agency: Federal Bureau of Prisons Hannae Warren HCS / 430 March 18‚ 2013 Professor Vanessa Williams Regulatory Agency: Federal Bureau of Prisons Health care is defined as the maintaining and restoration of health by the treatment and prevention of disease especially by trained and licensed professionals in medicine‚ dentistry‚ clinical psychology‚ and public health (Merriam-Webster‚ 2013). Health care is important to every population even those who are incarcerated
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source‚ socially essential concepts created from human mind‚ such as justice‚ would be undermined (responsibility implies freedom of choice) and‚ in short‚ civilization and human values would crumble. It is useful to compare the idea of moral agency with the legal doctrine of mens rea‚ which means guilty mind‚ and states that a person is legally responsible for what he does as long as he should know what he is doing‚ and his choices are deliberate. Some theorists discard any attempts to evaluate
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decimal number system consisting ten digits (0-9) do not suits the data representation of CPU. It works with simple binary system. BINARY NUMBER SYSTEM It uses two symbols or digits i.e. 0 and 1. And all the symbol‚ Arithmetic number etc. are represents in the form of 0’s and 1’s. And ordinary decimal number can be converted to its binary form in the following manner- Ques: Convert (45) 10 to its Binary equivalent 2 45 2 22 1 2 11 0 2 5 1 2 2 1 2 1 0 0 1 Thus (45)
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References: 1) Joseph A. Gerard PhD CPA Curt M. Weber JD. 2014. How Agency Theory Informs a $30 Million Fraud. Journal of Finance‚ Accounting and Management‚ 5(1)‚ 16-47. 2) Annoy. 2010. Koss: Unauthorized transactions increased over years. Bussiness journal. 3) Small company suffers massive embezzlements. 2010. 4) Koss
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There are many ways a corporation can be classified; however the best way to classify a corporation is by knowing the characteristics that makes a corporation. The unique characteristics of corporations are consist of limited liability of stockholders‚ free transferability of shares‚ perpetual existence‚ and centralized management. In relation to John Marshall who is the chief justice in 1819 defined corporation as an artificial being‚ invisible‚ intangible‚ and existing only in contemplation of
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