DUTIES OF DIRECTORS Directors of a company normally have exclusive power to manage the company’s business and exercise its powers. At common law‚ the duties were owed to the company‚ to employees‚ to individual shareholders and creditors. 1.0 Duties of Directors to the company It is convenient to categorise the duties of directors into fiduciary duties which arise because they are quasi-trustees of the assets of the company. The word ‘fiduciary’ refers to trust and confidence. ‘A fiduciary is
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The Duty of Care Policy in Western Australia for Primary School’s INTRODUCTION: A Brief Outline The policy that will be examined is the Duty of Care policy . The purpose of this report is to analyse the Duty of Care policy of the Western Australian Department of Education.. This policy will be discussed in the context of the Local Primary school in Western Australia. Three scenarios will be illustrated in relation to the Duty
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Roles and Functions of Health Care Managers Michele Frizzell HCS/325 August 4‚2014 Manuela Barney Roles and Functions of Health Care Managers Just like an actor in the movies‚ health care manager can play many roles. In such a diverse industry‚ one does not have to be a doctor or nurse to be involved within the health care organizations. Management in a hospital setting is going to be much different from management in a pharmaceutical setting. This paper will briefly discuss the roles and functions
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A Good Manager And A Bad Manger In this world‚ there are good and bad managers. What’s more‚ since people started working‚ they have been complaining. For example‚ many people disagree about managers. Whereas some people will see a manager as good‚ others will not. There are two managers this essay will mention‚ but their names have been changed to protect their identities. Mike and Jake have different personalities. Mike is a good manager‚ but Jake is not. For this‚ people get to disagree
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Manager Role within Functional Areas of Business Johnney Chen MGT/521 Mar 17‚ 2015 James Reding Manager Role within Functional Areas of Business A great number of companies establish their organizational structures in different functional areas. Every functional area is a unit‚ division or a department‚ and each of them has their skills‚ expertise. And also‚ they have different jobs and missions. For Instance‚ they are Law‚ Human resource‚ and accounting. Manager Role "As a manager you are there
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Literature review on roles played by an international manager Based on his study of the data put forth by Mintzberg (1973) on what a manager do‚ Dalton (2002) had incorporated seven managerial roles of an international manager‚ organized into three groups‚ as follows: • Informational roles: 2.1 Monitor: scan environments‚ monitor units‚ probe and seek information‚ act as corporate nerve center of incoming information. 2. Spokesperson: communicate
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according to their profession in term of: Type of labour necessary 1. Unskilled worker. 2. Semiskilled worker. 3. Skilled worker. Number of persons to be employed 3 persons. Skilled | unskilled | semiskilled | total | 1 | 1 | 1 | 3 | Their duties 1. Skilled worker-deals with the shipping company and my paper work. 2. Unskilled worker-clearing the business. 3. Semiskilled worked-help the customer. 3 One reason why this type of labour is necessary
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business and what roles managers play in each department. All business will carry out each functions but not every business will have a separate department that is responsible for each function. All businesses need to be well organized to achieve their aims and objectives. Certain tasks‚ or functions‚ must be done regularly and these are usually grouped into specific types of activities. It is all depends on the size of organizations. Leading people is usually part of what a manager does‚ but the
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tips to deal with office politics By Binu Paul‚ SiliconIndia "One of the penalties for refusing to participate in politics is that you end up being governed by your inferiors‚" said the great Greek philosopher Plato. One may call it the art of diplomacy‚ buttering‚ backbiting‚ earning brownie points etc. But if you want to survive and excel in this highly competitive and complex corporate world‚ you can’t ignore office politics. However‚ it’s an undisputable truth that office politics is in other
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issues to be discussed. The first issue is what have Don breached his directors’ duties under the act in good faith and best interest of the company as well as disclosure personal interest. The second issue is possible remedies for Bryan while he has been conducted unfair and oppressive. ISSUE 1: WHAT HAS DON BREACHED? Fiduciary duties to disclose personal interests Directors are under both fiduciary and statutory duties to avoid conflicts between their personal interests and the interests of the company
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