LEGAL ASPECTS OF BUSINESS Submitted By P.Sivaranjini I MBA ‘b’ Surya Group of Institutions NEGOTIABLE INSTRUMENTS ACT‚ 1881 The Negotiable Instruments Act was enacted‚ in India‚ in 1881. Prior to its enactment‚ the provision of the English Negotiable Instrument Act were applicable in India‚ and the present Act is also based on the English Act with certain modifications. It extends to the whole of India except the State of Jammu and Kashmir. The Act operates subject to the provisions
Premium Promissory note Legal documents
tonnage markets‚ where it made customized machines for particularly demanding applications.Molds: Husky made molds only for PET preforms‚ thinwall and other containers and closures such as bottle tops. Husky had formed alliances with a set of mold makers to provide customers with integrated systems. Hot Runners: It is a highly engineered system of manifolds and nozzles designed to channel hot resin into the cavities of the mold. They not only produced hot runners but also sold hot runners to other
Premium Injection molding
Another pro is that the decision maker does not have to weigh the pro ’s and con ’s of the decision‚ which can interfere with the greater good of the decision. Since decision makers aren ’t always able to see all sides of the situation‚ with act-utilitarianism they sometimes make the wrong decision. However if a decision maker uses asset of rules to guide him through the decision making process he is most likely to have an outcome
Premium Utilitarianism Ethics Jeremy Bentham
Our objective is to analyze how strategy determine the SCM tools used among supply chain parties. The analysis is based on 17 interviews within two supply chains from the Hungarian automotive industry‚ where supply chains are defined through the car makers (Audi‚ Suzuki) as focal companies. Our results support the proposition that the connection between strategy and supply chain tools (configurations and practices) is very strong. It is underlined with not only the comparison of the two supply chains
Premium Supply chain management
Decision-Making Steps There are six steps typically associated with effective decision processes. These six steps in the Managerial Decision-Making Process are recognition of Decision Requirement‚ Diagnosis and Analysis of Causes‚ Development of Alternatives‚ Selection of Desired Alternative‚ Implementation of Chosen Alternative and Evaluation and Feedback.(Daft 1995) First steps in the decision-making steps are recognition of decision requirement. The ability to recognize
Premium Decision making
Complex‚ interacting factors influence operation and so powerful tools are needed to develop an accurate analysis. Over the past few decades‚ computer simulation software‚ together with statistical analysis techniques have evolved to give decision makers tools equal to the task. As the world grows more technical and the need for precision becomes more important‚ the margin for error will continue to shrink. Business‚ industry‚ and governments cannot afford to make educated guesses during systems development
Premium Decision making Decision support system Decision theory
consequences for the organization One primary difference between programmed and on programed decisions relates to the degree of certainty or uncertainty that managers deal with in making decisions Certainty- means that all the info the decision maker needs is fully available Managers have info on operating conditions‚ resource costs‚ or constraints and each course of action and possible outcome Risk- means that a decision has clear-cut goals and that good info is available‚ but the future outcomes
Premium Decision making
journalists investigated the spinning device and Kamkwamba’s fame in international news skyrocketed. A blog about his accomplishments was written on Hacktivate and Kamkwamba took part in the first event celebrating his particular type of ingenuity called Maker Faire Africa‚ in Ghana in August 2009.[2]Kamkwamba was born in a family of relative poverty and relied primarily on farming to survive. According to his biography‚ The Boy Who Harnessed the Wind‚ his father had been a rough fighting man who changed
Premium Family Great Depression United States
MKT 321: MARKETING RESEARCH METHODS JAN - APRIL 2013 CAT 1 Using the knowledge and skills acquired in this course (Research methods) explain how would improve the performance of your Research and Development Department in a firm (15 marks) A research and development (R&D) department in a firm is responsible for innovations in design‚ products‚ and style. This department is responsible for creating innovative new products to keep companies a step ahead of the competition. Many companies also
Premium Research Research and development Innovation
South Africa’s Fiscal & Monetary Policy o Table Of Contents o Introduction o Body o Conclusion o References Introduction In this presentation I will discuss whether or not the South African fiscal and monetary policy are complimentary or not. We need to first define both the fiscal and monetary policy in their economic sense. Firstly‚ the formal definition of the monetary policy are all the deliberate steps of the monetary authority to affect monetary aggregates such as the money supply
Premium Monetary policy Inflation Public finance