DIRECTOR’S RESPONSIBILITIES Is Legislation in Malaysia sufficient post Enron & Worldcomm? Abstract Directors being pillars of corporate governance (Cowan‚ 2004) should at all times act honestly and use reasonable diligence in the discharge of their duties. This is more so in light of recent major corporate issues like ENRON & Worldcomm in the United States and the Transmile case in Malaysia. In essence directors are agents of the company and as agents‚ they owe a duty of trust to the company
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Unit 2 business: Aims and Organisations (Part 1) * It is important for business to have aims and objectives because to keep them moving forward and expanding by setting aims it keeps the business motivated to achieve. Objectives are the little steps that help the business achieve its aims‚ without objectives a business would not meet its aims and without aims the business would not survive or grow. * Business aims are a business’s main goal that they want achieving and a way of giving a
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Overview of the Work of a Fisheries Officer General Role NSW Industry and Investment (I&I NSW) is responsible for conserving‚ sharing and managing the fisheries resources of New South Wales. The work of fisheries officers involves optimising compliance with fisheries laws established by the Fisheries Management Act 1994 and associated regulations and in some areas Commonwealth fisheries legislation. Duties include field-based work (patrols and inspections) and an educative/advisory role in delivering
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GlaxoSmith Kline Mission: to improve the quality of life by enabling people to do more‚ feel better and live longer 1. Customer/Marketing: People of all ages who want an active‚ better and long life. 2. Product or Service: Not specified but can be assumed as any product that can extend people’s life and make it better and increase their activity. 3. Market: Not specified but can be assumed to be the entire world. 4. Technology: Not specified. 5. Concern for Survival: Not specified. 6. Company Philosophy:
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Kang MBE 330.01 Final Paper Adam Smith: “The Father of Economics” Adam Smith was a Scottish moral philosopher and a pioneer of political economics. One of the key figures of the Scottish Enlightenment and modern economics‚ Smith is an author of The Theory of Moral Sentiments and An Inquiry into the Nature and Causes of the Wealth of Nation‚ now known to be called The Wealth of Nations. Smith is commonly cited as the father of modern economics. Smith studied moral philosophy at the University
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What is the ‘desire of women? There seems to be many different views on what the meaning of ‘desire’ means as spoken of in Genesis 3:16. Our text by Davis would indicate that‚ ‘the wife would have a deep natural attraction to her husband: ‘… they desire [the Hebrew noun comes from the verbal root Suq] shall be to thy husband‚’ Suq connotes a desire so strong for something that one would run after‚ or violently crave it.” (1) Another view is‚ ‘a prominent interpretation is that‚ as
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Walking into a room and not knowing a single soul can be an irritating situation and sometimes even a scary one. This type of event can occur almost anywhere-from the workplace to the classroom. But the big question is: How does a person keep from making this situation so impersonal? In this essay‚ people will become more acquainted with Kaityln Ringsmith‚ Holly Long‚ and Destiny Davis. Kaityln Ringsmith (age 20) is one person people should take time to get know more about. Ringsmith is an individual
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written offer of $42‚500 for the real estate and $250 for a dinner bell and flower pots. Smith signed the agreement but Behee notified an agent of Smith that he had withdrawn the offer before he received notice of the acceptance. Hendricks brought an interpleader action against Behee and Smith and Behee filed a cross claim against Smith. The court awarded $997.50 to Hendricks and the balance to Behee. Smith appealed. In the case of Stevenson Jaques & Co v McLean (1880) states that A "mere inquiry"
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CORPORATION PROFILE A. O. Smith Corporation was founded in the United States in 1874‚ headquartered in Milwaukee‚ Wisconsin. It has a history of 139 years‚ and is a New York stock exchange listed company‚ code (AOS). This company has a global turnover of $1.94 billion in 2012‚ and employs approximately 10‚900 people in 22 plants spreading over the U.S.‚ Canada‚ Mexico‚ China‚ India‚ the United Kingdom‚ the Netherlands‚ and Turkey. It is one of the world leading manufacturers of water heater and
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the Second Virginia Convention” and Smith’s “Declaration of Conscience” were given for a single purpose. Henry and Smith both saw the need for unity‚ but their speeches had both similarities and differences. Their style of writing‚ want for interconnection‚ and why they wanted the country to come together are some of the main points of the speeches. Patrick Henry and Margaret Smith had a comparable style or approach to their speeches. Henry states in his speech “Mr. President: No man thinks more
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