1. INTRODUCTION Agency is a fiduciary relationship created by express or implied contract or by law‚ in which one party (the agent) may act on behalf of another party (the principal) and bind that other party by words and/or actions. The etymology of the word agent or agency says much. The words are derived from the Latin verb ago‚ agere (the respective noun agens‚ agentis). The word denotes one who acts‚ a doer‚ force or power that accomplishes things.1 Agency is the exception to the doctrine
Premium Contract Contract law
National Security Agency/Central Security Service (NSA/CSS) leads the U.S. Government in cryptology that encompasses both Signals Intelligence (SIGINT) and Information Assurance (IA) products and services‚ and enables Computer Network Operations (CNO) in order to gain a decision advantage for the Nation and our allies under all circumstances.” However‚ it goes on to say that “National Security Agency is part of the U.S. Department of Defense‚ serving as a combat support agency to the military” NSA
Premium World War II United States President of the United States
right to whistle-blowing. However‚ by executing these measures‚ employees are then morally obliged to blow the whistle. In this essay‚ we will talk about the importance of whistle-blowing‚ ethics and corporate governance in an organization‚ moral agency and responsibility as well as whistle-blowing as an internal control mechanism. Based on all these factors‚ we will then conclude on whether employees should have a duty to blow the whistle on unethical or illegal acts. IMPORTANCE OF WHISTLE-BLOWING
Premium Ethics Morality
Definition of ’Agency Theory’ A supposition that explains the relationship between principals and agents in business. Agency theory is concerned with resolving problems that can exist in agency relationships; that is‚ between principals (such as shareholders) and agents of the principals (for example‚ company executives). The two problems that agency theory addresses are: 1.) the problems that arise when the desires or goals of the principal and agent are in conflict‚ and the principal is unable
Premium Stock Management Principal-agent problem
UNIFYING THE MARITIME AGENCIES: THE IMPORTANCE OF MARINA AS THE FOREMOST AUTHORITY ON MARITIME ISSUES The Filipino shipboard personnel have been a major contributor to the Philippine economy through its foreign exchange earnings in the amount of more than $3 Billion annually. Yet historically‚ when it comes to welfare support and training implementation‚ the government has been lacking in these aspects. Consequently‚ since the maritime field has been upgrading its laws and improving its training
Premium International Maritime Organization
motivated travel agent workforce very responsive to customer needs. This space has been facing problem on three fronts: people‚ processes and systems to execute a customer order. The analysis would be focussing on People and Processes part of such agencies. This report would discuss the approach of analysis‚ suggest competency model as a basis to evaluate people problems as well as a reference for recruitment and training‚ enlist insights gathered from mystery shopping‚ identify the problems based
Premium Travel agency Tour operator Tourism
of friends and family‚ or go to a recruitment agency to find employment. The least time-consuming of these resources is using a recruitment agency. The following will cover five ways you will save time by using a recruitment agency to look for a nursing job. 1) Access to more jobs: Recruitment agencies have a large network of clients who need nurses and other healthcare workers. Most of these medical facilities would rather partner up with an agency than to spend their precious time and money on
Premium
for the agency visit(s) early in the course. Explore agencies in the area whose services are interesting to you. If you are already working in an agency‚ you may interview a representative of that agency‚ as long as it is not your direct supervisor. Schedule the visit for no later than the third week of the course. Information Collection Collect the following information: • Agency name • Name and position of contact • Date of interview • Services provided by the agency • Population
Premium Critical thinking Thought Morality
supplied to the agent. This is known as the commission. In many countries‚ all individuals or companies that sell tickets are required to be licensed as a travel agent. In some countries‚ airlines have stopped giving commission to travel agencies. Therefore‚ travel agencies are now forced to charge a percentage premium or a standard flat fee‚ per sale. However‚ some companies still give them a set percentage for selling their product. Major tour companies can afford to do this‚ because if they were to
Premium Travel agency Airline Delta Air Lines
Ad Agency Report Blanca I. Davila-Pabon Grantham University BA/530 – Marketing Management December 31‚ 2012 Jan Tucker Abstract The focus of this paper is to select and research an advertising agency‚ which will then be evaluated. The paper will discuss the evaluation in two stages. Thus‚ the first section of the evaluation will include a description of the unique aspects of the agency‚ its strengths‚ services‚ specialties‚ and approach to marketing communication‚ and others
Premium Advertising Marketing