credit with the drawee bank. The gravamen of this special penal law is the issuance of check‚ not the non-payment of the obligation. (Lozano vs. Martinez‚ 146 SCRA 323). Checks form part of the banking system for being substitutes for money. Hence‚ BP Blg. 22 is neither violative of the constitutional provision against imprisonment of non-payment of debt nor the non-impairment clause. In the case of Que vs. People‚ the Supreme Court settled that B.P.22 applies even in cases where the
Premium Cheque Bank
Transnational Business – Strategy and Management‚ 2nd Ed. John Wiley & Sons Ltd‚ Chichester (Chap 14‚ pp 403 – 413); 3. Styles‚ C. & Hersch‚ L. (2005)‚ “Relationship Formation in International Joint Ventures: Insights from Australian-Malaysian International Joint Ventures”‚ Journal of International Marketing‚ 13(3)‚ pp 105-134; 4. Park‚ S. H. & Russo‚ M. (1996)‚ “When Competition Eclipses Cooperation: An Event History Analysis of Joint Venture Failure”‚ Management Science‚ 42(6)‚ pp 875-889.
Premium Rio Tinto Group Joint venture Management
fierce competitions. Organizations should concentrate on their administrative management‚ thus they can gain more profit. Therefore‚ for an organization‚ the key part to ensure the business activities proceeded greatly is management. There is no doubt that the important role of management is the managers. This essay will define the term ‘management’ and discuss the responsibilities that managers performed. Management is a process of organizing work activities based on four functions which are planning
Premium Management
Introduction BP British Petroleum is a multinational oil and gas company headquartered in London‚ United Kingdom. According to revenues in 2011‚ they are the third largest energy company and fourth largest company in the world. Their main products include fuel for transportation‚ energy for heat and light‚ lubricants for engines‚ retail services and petrochemical products for everyday use. BP started as a subsidiary of the Anglo-Persian Oil Company in 1909 and through many stages it became British
Premium Russia Petroleum Iran
monitor competitors’ moves and the management has to be able to consolidate upcoming technologies so as to remain competitive at all times. In simple terms‚ attaining a competitive advantage requires the ability of management to integrate core production skills and competences that empower individual business units to perform to their maximum and to adapt to changing environments. In this study‚ the essence of components of strategic human resource management (SHRM) will be discussed in the above
Premium Human resource management Human resources Strategic planning
Three factors that influence BP oil companies operational and contingency planning include‚ unexpected oil spills. Sometimes the company may experience unexpected oil spill that will require them to change from the original plan. The second factor is natural calamities. Sometimes they cannot control things like floods‚ which can cause oil burst and affect the flow of the plan. The third factor is Man-Made calamity. These affect the plan of the company because they need to address it immediately.
Premium Management Business continuity planning Risk management
context‚ which makes the management and development of people require considerations of culture diversity and related challenges. A company that is able to deal with culture diversity functionally may obtain the intangible cultural competitive advantages in the industry field it belongs to; vice versa‚ it may lose such important advantages because of its poor management of potential cultural conflicts. In this article‚ the relationship between cultural issue‚ management style and performance‚ which
Premium Management
Reflection Management Style The achievement of an organization depends on the effective management of the administrative team. The information obtained throughout this course for the management styles‚ good and poor qualities‚ and the different scenarios which managers may encounter will be reconnoitered. The results of a management quiz taken at the beginning of this course along with the results from a current quiz will be compared and the differences clarified. The course has enlightened the
Premium Management Learning Reflection
Originally‚ an Ethics and Compliance team was formed to monitor the formation and operation of the company guidance towards ethical issues in BP’s company. Just like to set up a communication consistent standard for all the employees of BP for different location‚ culture and language. Originally‚ this is a good way to guide the company staff to maintain company standard and reputation. But the code did not effectively address specific high-risk activities for the scope of daily operations. It was quite
Premium Risk management Risk Management
Kazakhstani Management Culture : Perception of French Managers PLAN Introduction……………………………………………………………………….………...2 Chapter 1. Culture…………………………………………………………………………..4 Chapter 2. Kazakhstan : general information and literature review……………………….13 Chapter 3. French business culture : literature review…………………………………….17 Chapter 4. Research Propositions...………………………………………………………..20 Chapter 5. Methodology…………………………………………………………………...22 Chapter 6. Results and discussions………………………………………………………
Premium Cross-cultural communication Geert Hofstede Dimension