CORPORATE GOVERNANCE – CONCEPTUAL FRAMEWORK INTRODUCTION: The great Indian master of Political Science Kautilya mentioned four functions of a king in his well-known book Arthashastra -1.Raksha or protection‚ 2.Vriddhi or enhancement‚ 3.Palana or maintenance‚ and 4.Yogakshema or wellbeing or safeguard. It is the sacred duty of the state to protect the person and property of its subject to enhance their wealth‚ to maintain them and to safeguard their interest in general. This noble concept
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Managing Change in Organisation SUBMISSION DEADLINE : 12th January‚ 2012 WORD COUNT : 3‚542 words Today‚ teams and organizations face rapid change like never before. Globalization has increased the markets and opportunities for more growth and revenue. However‚ increasingly diverse markets have a wide variety of needs and expectations that must be understood if they are to become strong customers and collaborators. The ability to manage change in an organisation‚ while continuing
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1. Sole trader businesses are the easiest to set up because there is no complex paperwork. The business and the owner are the same person in law. The sole trader does not have limited liability which means that they are responsible for all the debts of the business. The sole trader has to produce an annual accounting return for the Inland Revenue. 2. Partnerships are set up by a Deed of Partnership which is a document made out by the partners and witnessed by a solicitor. This Deed sets out the
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The difference between Management and Governance: Analysis in the context of Small and Medium Enterprises –SMEs. By Callixte NYILINDEKWE I. Introduction: Traditionally‚ corporate governance has evolved around the contract theory and agency problem based on separation of ownership and management (Dube‚ 2011). The benefits of this separation derive from the monitoring by the board of the CEO activity in the interest of shareholders‚ and generally in the interest of all stakeholders
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An effective teacher. What does that mean to you? Is it someone who teaches students according to their learning ability? Is it someone who makes students feel comfortable? Or is an effective teacher someone who knows when to have fun and when to be serious? Well‚ let’s consider these 3 things and see if they define the meaning of an effective teacher. An effective teacher is someone who teaches students according to their learning ability. Everyone learns at different levels. We all have
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EFFECTIVE SCHOOLS IN PROVISION OF QUALITY EDUCATION Fadhili Madaga M.E.d Management & Administration Candidate Department of educational foundations‚ management and lifelong learning University of dare s salaam E-mail: madagafadhili@yahoo.com ABSTRACT There have been different discussions posed out by different scholars pertaining to educational system in excelling quality products to its graduates. This paper tries to explore some of the basic characteristic features an effective
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World Health Organisation (WHO) Purpose of WHO In today’s society‚ health is a shared responsibility which involving accessibility WHO (World Health Organisation) is the authority that directs and coordinates health in the United Nations. It provides guidance on international health matters‚ heavily influences the health research programs‚ articulates policy options that are evidence-based‚ provides technical support to countries and monitors and assesses global health patterns. In today’s society
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Effective Communications Of the many organizational models in today’s health care industry‚ medical service organizations (MSO) are becoming more popular and proving to be ideological. Services provided by medical service organizations manage various parts of health care organizations; including all administrative‚ billing‚ and production departments. The purpose of this management is to relieve the burden of the many responsibilities that come with running a health care organization while providing
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MUTAMBWA DUE DATE : 30 MARCH 2012 Q : Effective communication is the backbone of any business organisation. Discuss. Communication can be defined as a two way process of reaching mutual understanding in which participants not only exchange(encode and decode) information but also create and share meaning. Effective communication is whereby the information send must be received and understood by the receiver in the
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BACKGROUND Governance is the process by which a board of directors‚ through management‚ guides an institution in fulfilling its corporate mission and protects the intuitions assets over time. (principles and practices of microfinance governance‚ by Rachel Rock Maria Otero Sonia Saltzman). However‚ the success of and strength of a financial cooperative in some parts of the world shows that governance issues can be transcendence when basic principles are followed. Therefore is corporate governance the cause
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