liability of the shareholders. However‚ under certain circumstances the corporate entity may be disregarded. This is also known as piercing the corporate veil and is the most frequent method for holding the shareholders liable for the acts of a corporation. Corporate officers‚ directors and controlling shareholders have a general fiduciary duty of loyalty and care which should govern all their corporate conduct. Unless they breach that duty by gross negligence or acts in bad faith‚ they usually will
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capabilities. Moreover‚ Suffolk hospital staffing capabilities can be difficult to imitate since they are in organization specific capabilities that develop inside the hospital over time. However‚ competitive strategy and ability to purse a low cost and differentiation approach depends on Suffolk hospitals ability to increase efficiency‚ quality‚ innovation and patient responsiveness‚ and technology has a major impact on these sources of competitive advantage. Suffolk hospitals would be capable of engaging
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A Competency Mapping for Educational Institution: The present globalization of economy necessitates innovative approaches in managing the working force. The dramatic changes in the demography and social systems thereof‚ has given leeway for various HR practices enhancing the employee productivity and growth. One of the most commonly used HR practice is Competency based HR practice. Identifying and nurturing competencies in the organization enables better performance management as well as reward
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The primary advantage of a corporate form of business is that a corporation is a stand-alone entity‚ which means you are not personally liable for the assets and debts of the business. Incorporating protects your personal assets from lawsuits‚ debt collection and other business issues that can arise. The stand-alone entity also separates tax liabilities‚ which is another advantage. This means that the corporation’s taxes are separate from your personal tax liabilities. As a business
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Multicultural Competency Arnold Miller PSYCH 535 April 4‚ 2011 Patricia Perez‚ PhD Multicultural Competency Introduction In this paper I shall try to explain myself on how I feel on the different topics of perceptions‚ attitudes‚ biases‚ and beliefs of culturally different groups to include other areas of my reactions to knowledge about values‚ practices‚ and experiences of individuals who are culturally different from me. What biases‚ perceptions‚ attitudes‚ and beliefs might you hold
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You are required to prepare an investigative report on a recent corporate scandal that involved improper accounting practices or any form of financial scandal. Your report must include the following: an overview of the corporation a description of the scandal methodology - explaining the specific accounting impropriety that the company used. an explanation of how the firm managed to hide their accounting improprieties a discussion of who the scandal effected - both inside‚ and outside
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Marketing The Core CHAPTER 1 CREATING CUSTOMER RELATIONSHIPS AND VALUE THROUGH MARKETING 3 Creating Customer Relationships and Value through Marketing HOW DO COLLEGE STUDENTS STUDY? 3M’S RESPONSE TO A NEW-PRODUCT CHALLENGE! 3M inventor David Windorski faced a curious challenge—understanding how college students study! Specifically‚ how do they read their textbooks‚ take class notes‚ and prepare for exams? First‚ Windorski needed to obtain information on students’ study habits. Next
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COMPETENCY MAPPING ABSTRACT: The term competency is quite generic and related to human behavior and psychology. Competency is often defined as a quality of being adequately qualified‚ intellectually able and emotionally stable. The concept of competency is basically used to define a capability of being able. Competency mapping is a psychological test that helps the human resource management department to test the competence or competency of an employee or a potential employee. It must be noted
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Leadership Communications Inc. 15 Warner Way‚ Suite 100 Canton‚ MA 02021 www.tolead.com Practical Questions for Building Competency Models Richard S. Mansfield Strategic Partner‚ Leadership Communications Inc.1 Presented at Insight Information Company Conference Competency-Based Management for the Federal Public Service Ottawa November 6-7‚ 2000 1 Richard Mansfield‚ 20 Lincoln Lane‚ Sudbury‚ MA 01776‚ USA. Tel.: 978-443-9668‚ Fax: 978443-9669; Email: RSMansfie@AOL.COM Leadership Communications
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ROLE CLARITY THROUGH COMPETENCY MAPPING Rashmi Sharma* ABSTRACT Competency mapping is an area which has been least explored in India.The value of competency mapping is that many employers now purposefully screen employees to hire people with specific competencies. Competency mapping is used for: recruitment and selection‚ identification of training needs‚ role renewal‚ as a basis for conducting assessment development centers‚ creating competency based performance management systems etc. Employers
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