Analysis Case Study: The Aquarius Advertising Agency Problem Solving/ Situation Analysis Organizations struggle daily with organizational problems that occur in the work force. From reengineering to developing a new structure‚ some organizations go through it almost daily to try and iron out so flaws in their design to make sure they get the maximum production and maximum efficiency. For instance this advertising company Aquarius Advertising Agency is having a big problem with their structure.
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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
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think that parents should teach children how to be good members of society. Others. However‚ believe that school is the place to learn this. A child’s education has never been about learning information and basic skills only. It has always included teaching the next generation how to be good members of society. Therefore‚ this cannot be the responsibility of the parents alone. In order to be good member of any society the individual must respect and obey the rules of their community and share
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Refer notes - creation of agency ] 2. [ Refer notes - Duties of Agent to Principal ] 3. [ Refer notes - Duties of Principal to his Agent ] 4. 4 remedies available: Principal may repudiate the contract - Section 168 Contracts Act‚ 1950 Principal may recover the bribe from agent - Section 169 Contracts Act‚ 1950 Principal may refuse to pay commission to Agent Principal may dismiss agent for breach of duty 5. [ Refer notes - Termination of Agency ] 6. (a) 3 conditions:
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The different roles and services offered by an advertising agency An advertising agency play varied roles in terms of the contributions they make to their respective clients’ businesses. The following are the departments of an advertising agency: 1. Account Handling 2. Planning Department 3. Creative Department 4. Media Department 5. Production Department Account Handlers (Executives) They will provide day-to-day liaison with the client company and will be responsible for ensuring that the
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ACCOUNTING REGULATORY AGENCIES Introduction Accounting standards are needed so that financial statements will fairly and consistently describe financial performance. Without standards‚ users of financial statements would need to learn the accounting rules of each company‚ and comparisons between companies would be difficult. Numerous accounting bodies govern the accounting environment and accommodate the success of a business. The four main financial governing bodies include
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List of specialized agencies of the United Nations Specialized agencies are autonomous organizations working with the UN and each other through the coordinating machinery of the United Nations Economic and Social Council at the intergovernmental level‚ and through the Chief Executives Board for coordination (CEB) at the inter-secretariat level. Specialized agencies may or may not have been originally created by the United Nations‚ but they are incorporated into the United Nations System by the United
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Human Service Agency Interview Date: July 11‚ 2010 To: Shelley Kerr‚ LCSW From: RE: Deaconess Cross Pointe I conducted an in person interview at Deaconess Cross Pointe‚ 7200 East Indiana Street; Evansville‚ Indiana 47715. I interviewed Natalie Goffinett‚ who has achieved her Master’s Degree in Social Work‚ and counsel’s children and families at that facility. When setting the appointment to interview Ms. Goffinett‚ I offered her the option to conduct the interview either in person or over the
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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 Recent fraud cases in the public sector and non-profit organizations like National Kidney Foundation as well
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The holiday or ticket is supplied to them at a discount. The profit is therefore the difference between the advertised price which the customer pays and the discounted price at which it is 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
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