Question 1a) Discuss the role/functions of the Retirement Benefits Authority in regulating retirement benefits. The functions of the Retirement Benefits Authority (RBA) include: To regulate and supervise the establishment and management of retirement benefits schemes. To protect the interest of members and sponsors of retirement benefit schemes. To promote the development of the retirement benefits industry. To advise the Minister for Finance on the national policy to be followed with regard
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Authority – the word alone instills a certain type of reaction in a person; a reaction that either commands obedience or disobedience. Some people command authority through violent means while others through lawful means. Why do certain countries still have kings and queens while others are ruled by parliaments or congresses? When studying the German sociologists Max Weber and his theory of authority‚ it can be observed that there are certain types of authority and reasons in which people choose
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crimes they have committed as well as‚ by what are actually considered crimes or sins. I want to explore these differences by asking two questions to each reading: What kind of behavior constitutes as a sin or a crime? What is the source of moral authority behind laws and legal judgments? In Plato’s Apology‚ what constitutes as a sin or a crime? Socrates was accused of being a “doer of evil‚ and a corrupter of the youth‚ and he does not believe in the gods of the state‚ and has other divinities of
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Delegation of Authority | Bushardt et al. (2010‚ p. 9) observed that ‘at the core of management practice is a process that involves assigning tasks to others (delegation)‚ granting these individuals the right to accomplish them (authority) and holding them accountable for accomplishing the tasks (responsibility)’. Dunham and Pierce (cited in Bell & Bodie 2012‚ p. 94) further defined delegation as ‘the process managers use to transfer formal authority from one position to another within an organisation
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Terry’s authority in enforcing a contract to be binding to another party. Actual Authority Express Authority ‘An actual authority is a legal relationship between principal and agent created by consensual agreement’ (Lord Diplock). The express grant written in clear terms states Terry is “authorised to enter contracts on LML’s behalf‚ up to a monetary limit of $500‚000”. However‚ the fact that Terry devises a new contract for a price of $1‚400‚000 means he no longer has express authority as an
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LINE-AND-STAFF ORGANIZATIONS Organizational structure involves‚ in addition to task organizational boundary considerations‚ the designation of jobs within an organization and the relationships among those jobs. There are numerous ways to structure jobs within an organization‚ but two of the most basic forms include simple line structures and line-and-staff structures. In a line organization‚ top management has complete control‚ and the chain of command is clear and simple. Examples of line organizations
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Disobedience To Authority Disobedience has alway been thought as a sin. Is this always the case? Sin has always been associated with disobedience‚ but try to think of it from a different perspective. Disobeying authority allows for a change in freedoms‚ and these changes cause a change in the populous‚ as well as a change in the authority that we are disobeying. If it can do all of these things‚ then is it really a bad form of communication to authority? In my opinion it is not because sometimes
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The meaning and comparison between authority and authoritarianism is like comparing apples and oranges-they’re alike because they belong in the same group thus different in many regards. Authority is defined as: (1) the power to influence or command thought‚ opinion‚ or behavior;(2) persons in command. Authority derives from the Latin term augere‚ which translates “to create‚ to enlarge‚ to make able to grow”. Authority consist of three essential elements: the author‚ the agent of energy; the recipient
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Obedience to Authority: A Brief Summary of Milgram’s Research and Current Research’s Position on Milgram’s Findings Introduction Throughout history people have followed directives given by other people‚ such as ‘do this’‚ ‘follow these rules’‚ ‘listen to me’‚ and ‘do as I say’. In fact‚ governments have rules‚ laws and norms of their society so that people will obey the laws and behave in a civilized manner. How is it then that individual’s will go against and contest their own values and morals
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Ezimde Momodu Mr. Ronnie Strahle Date February 26‚ 2015 Police Abuse Their Authority Law enforcement has come a long way since the turn of the century. 21st Century has brought in laws to protect blacks‚ other minorities and mainstream Caucasians. The rights to “bear arms” and “stand your grounds” give citizens the right to defend themselves if they feel that their life is threatened in any way; but the real question is has law enforcement/enforcers taken the law to the extreme? On a closer examination
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