Essentials of Consideration Presence of consideration is one of the requisites of Valid Contract. Consideration must be of two directional nature. That means both parties should get benefited mutually. Then only the Contract becomes capable of creating legal relations. Consideration may be in the form of cash‚ goods‚ act or Abstinence. Definition of Consideration “When at the desire of the promissor‚ the promisee or any other person has done or abstained from doing or does or abstains from
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always depend on the individual‚ their perceptions‚ their needs and their beliefs. When a person’s perception is skewed‚ their needs high and their belief of what can be done that is when trying to motivate them in another direction is difficult. A leader is able to meet someone where they are‚ understand their perceptions‚ needs and beliefs and guide them into a new understanding in order to meet their needs and ultimately change their beliefs; in order to motivate them. Maslow’s Hierarchy of Needs
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company’s website‚ this is because the total amount of oil and gas market in 2035 will exceed $19 trillion and the company wants to efficiently use this resource. Exxon Mobil reduces its operational costs and maximizes its economies of scale using effective production techniques. About 90% of the produce from Exxon’s chemical business is used for its natural gas producing facility meanwhile three fourths of the entire refinery volume is used up by Exxon’s lubrication and chemical facilities. Thus the
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Essentials of Accounting Week 5 Assignment Chapter 9: E9-6 SY Telc has recently started the manufacture of RecRobo‚ a three-wheeled robot that can scan a home for fires and gas leaks and then transmit this information to a mobile phone. The cost structure to manufacture 20‚000 RecRobo’s is as follows. Cost Direct materials ($40 per robot) $ 800‚000 Direct labor ($30 per robot) 600‚000 Variable overhead ($6 per robot) 120‚000 Allocated fixed overhead ($25 per robot) 500‚000 Total $2‚020
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old question. Are leaders made or are they born? My belief on this – I believe that a leader is made‚ not born. Why do I say that? Before going further‚ lets be clear on one distinction – when we say a leader is made‚ it does not mean that someone can be taught to become a leader by attending leadership courses. While it helps‚ it is not enough. Warren Bennis (a leading leadership researcher) believes that one cannot be taught to become a leader but one can learn to become a leader over the years through
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Characteristics of Effective Planning Effective planning increases the likelihood of success for a program while ineffective planning practices almost always results in false starts and frustration. When a group is aware of the characteristics of effective planning and monitors the presence of these characteristics‚ formally or informally‚ they will be a step closer to high quality program accountability. Directions: Below is a list of effective planning characteristics. Rate how well your
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------------------------------------------------- Subnetwork From Wikipedia‚ the free encyclopedia Creating a subnet by dividing the host identifier A subnetwork‚ or subnet‚ is a logically visible subdivision of an IP network.[1] The practice of dividing a network into two or more networks is called subnetting. All computers that belong to a subnet are addressed with a common‚ identical‚ most-significant bit-group in their IP address. This results in the logical division of an IP address into two
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Finding good leaders has become one of the highest priorities in large and small organizations. But how we define leadership and what should we be looking for in a good leader will be the questions we explore in this paper. This paper is meant to be a summarized reflection of my thoughts and beliefs on leadership. It will evaluate where I stand at the beginning of this course with regard to the characteristics of leadership I possess. It will explore some of the realities that confront leaders within the
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Leaders did a lot during the middle ages. King Clovis‚ Charles Martel‚ Pepin and Charlemagne all managed to accomplish many things during their reign. An effective leader must have good character traits. There are many leaders out there but if you want to be great you have to gain the trust of your people. So‚ how and what defines/makes an effective leader? There are good and bad character traits of a leader. One trait of an effective leader is a tough leader. The reason why is because if a leader
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In every organization‚ leaders prevail from every level of experience. Whether it is the CEO or an entry-level position holder‚ any determined individual can exemplify leadership. Courses that lead to a business management certificate teach aspiring leaders how to successfully overcome leadership challenges. Although it cannot be learned overnight‚ there are useful and essential tips to be used in becoming a dynamic and inspiring leader. While working toward getting a management certificate‚ you
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