stakeholders involved. Milton’s statement is definitely wrong. Companies need to understand their responsibilities towards the society and public at the large. Nowadays consumers are very much aware and concerned about the practices that the firms use in their day to day operations. People want to associate with those organisations which are concerned about the environment and society and use sustainable practices. Lots of companies have understood this fact and are using it to create a competitive
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He has to prepare reports for dispensing advance cash or company credit cards to the employees who travel and also collect their expense sheets along with proofs. Cost Management An administrative assistant is in charge of buying and acquiring office equipment like printers‚ fax machines‚ photocopiers and stationery
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The Law of Directors Duties The law of Directors Duties stems from the systems of corporate governance in order to ensure that the persons occupying higher positions within the company will take good care of the company‚ as well as not act in a way that will create deficiency. There are 3 sources to the legal duties: the common law; the principles of equitable fiduciary duties; and the statutory duties stated under the Corporation Act section 180-183(Harris‚J.‚ 2008). The penalties of breach
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INTERIOR GUARD DUTY Composition of Main Guard An interior guard system is installed by commander of all military installations to preserve‚ protect property‚ and enforce military regulations. Security is part of the composition of the interior guard system. Separate units are responsible for posting interior in their areas. The elements of the interior guard system are classified according to their purposes. They include the main guards and special guards. The latter category consists
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contract or not. Does party X has the duty to disclose the material facts to party Y? To what extent and in what circumstances must party X disclose such information? Unlike many other legal systems‚ the English law has taken the traditional perception that parties to a proposed contract generally have no duty to disclose information to each other.1 Each party must evaluate their own judgment in deciding whether to enter into a contract and it is not the duty of either one of the parties to notify
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Negligence: The duty of care Introduction The tort of negligence has a role in providing compensation for those who have suffered through the actions of another. A negligent act can be summarised as failing to do something that should be done or doing something that should be carried out in another manner or not at all. When determining if an act is negligent‚ a number of basic principles are called upon in order to establish whether a duty of care is owed and if so‚ by whom. Reasonable Man In
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based."(United Nations‚ 1973‚ P. 23) The rise of Globalisation has forced and enabled more companies to venture abroad in order to thrive for more profitability: bigger market‚ cheaper raw materials‚ and lower labour costs. However‚ MNCs have also noticed that the more countries they enter‚ the more ethical issues appear. At best‚ even when MNCs are dealing with one only one culture‚ they are already facing ethical difficulties; as they encounter two or more different cultures‚ it would become extremely
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when the president has not assigned them to him or her? How? What kind of information or help do you believe is important for the division manager to have from headquarters? Ans : Yes‚ I think a division manager can develop verifiable goals‚ or objective‚ when they have not been assigned to him or her by the president. As Division Manager oversees a section of a company. He or she sets the direction for the division and ultimately is responsible for division’s success. His
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“On the Duty of Civil Obedience” I do not accept the motto. –“That government is best which governs least.” Government is a completely necessary institution. Without it‚ nations would crumble‚ famine would flourish‚ and massacres would occur daily. Of course it would be nice if humans didn’t need government‚ if men’s moral compasses all pointed in the same (correct) general direction. But they do not. It is just a far-fetched fantasy of perfection‚ it is impractical. Which is why government is necessary
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Contributed January 30‚ 2002 by Sivanesan Sivakaruniam siva@kepland.com.sg Audit Program: Food & Beverage Cost Control Objective: Prepared By Date To ensure food and beverage cost incurred is reasonable‚ properly supported and accounted for. : _______________________ : _______________________ Audit Steps 1. a • • • • • • • • Purchase Quotation Ensure vendors selected are approved by management. Ensure vendor list is periodically reviewed by management. Ensure purchase request is properly approved
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