Directors owe various fiduciary duties to the company as they have a fiduciary relationship with the company they are working at. An example of a case will be Hospital Products Ltd v United States Surgical Corp ‚ which explained that a significant feature of a fiduciary relationship was that the fiduciary agrees to act on behalf in another party’s interests. At common law‚ directors are required to act in good faith in the
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Real Estate Companies Background of the report: This report is titled as “Human Resource Practices in real estate companies”. The report consists of two-fold purpose. First analyze the comparative differences between “Kusholi Nirman Ltd” & “Mehnati Construction Ltd” then analysis on economic development of Bangladesh in real estate companies. This report will help us to know about overall overview of Bangladesh real estate companies and their Recruitment policy‚ Selection policy‚ Training & development
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According to my assignment I will discuss and investigate a product from any country of my choice to sell in the UK‚ identifying its advantages and disadvanteges of this product using direct response marketing and also I will describe the total product offering my propose to offer ‚ starting its benefits and advantages. According to my assingment I will also describe with my reason direct response methods that I could consider. The product of my choice is “Azernar “ wine from Azerbaijan. TOVUZ-
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profit maximization Definition A process that companies undergo to determine the best output and price levels in order to maximize its return. The company will usually adjust influential factors such as production costs‚ sale prices‚ and output levels as a way of reaching its profit goal. There are two main profit maximization methods used‚ and they are Marginal Cost-Marginal Revenue Method and Total Cost-Total Revenue Method. Profit maximization is a good thing for a company‚ but can be a bad thing
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Government and Not-For-Profit Environment TRUE/FALSE (CHAPTER 1) 1. F The main objective of a typical governmental or not-for-profit entity is to earn a profit. 2. TA government’s budget may be backed by the force of law. 3. FGovernmental entities have no need for an accounting system. 4. TA government’s internal managers rely on general purpose financial statements for a considerable amount of information about their government. 5. FGovernments and not-for-profits may never engage
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article relevant to activity-based costing (ABC)‚ job costing‚ or process costing. Prepare a 125-word summary of the article. Briefly summarize the major topics of the article‚ and explain what you learned as a result of your reading. Be sure to properly cite the article in your summary and be prepared to present your summary to the entire class. Using activity-based costing in surgery AORN Journal‚ Jan‚ 2004 by Cheryl Grandlich Article “Using activity-based costing in surgery” covers how ABC is
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Assignment 3 “Strategic Planning is inextricably interwoven into the entire fabric of management; it is not something separate and distinct from the process of management” (Steiner‚ 1979:7). In simpler terms‚ Steiner goes on further to explain how Strategic Planning is an organizational management activity. This activity is used in order to set priorities‚ focus energy‚ strengthen operations‚ ensure common goals are met‚ establish agreement around intended outcomes/results‚ and assesses/adjust
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At a recent management meeting at Coverdrive Ltd‚ the members of the senior management team discussed the introduction of a new product to the company’s range of high quality‚ hand made cricket bats. A major agenda item was pricing. The management accountant‚ since his appointment‚ had given much thought to pricing policy and one of his concerns was that of dealing with the recovery of overhead within a full cost pricing policy. The discussion centred around the traditional method currently
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Assignment 2 (20 points) Assignment 2: Costs and Profit Instructions Save this file in your course folder‚ and name it with Assignment‚ the section number‚ and your first initial and last name. For example‚ Jessie Robinson’s assignment for Section 1 would be named Assignment1JRobinson. Type the answers to the assignment questions below. Use complete sentences unless the question says otherwise. You will have more than one day to complete an assignment. At the end of each day‚ be sure to save your
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A REPORT ON DURGAPUR PROJECTS LTD BY DHRUBAJYOTI MISHRA ‚ MHROM (CU) [pic] A REPORT ON DURGAPUR PROJECTS LTD. Introduction:- One of the feather of the cap of the West Bengal govt. in industrial sector is Durgapur Projects Ltd. It is mainly related to manufacturing units - from steel to power and from cement to mining machinery. Durgapur Projects Ltd‚ is not only increasing the govt. earning but also developing the entire society as a whole.This report on DPL is describe under
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