SECTION 3. - ALTERNATIVE OBLIGATIONS An alternative obligation is one wherein various prestations are due but the performance of one of them is sufficient as determined by the choice‚ which‚ as a general rule‚ belongs to the debtor. Right of choice‚ as a rule‚ given to debtor. GENERAL RULE: The right to choose belongs to the debtor/ obligor Except: When the right has been expressly granted to the creditor Right of choice of debtor not absolute. LIMITATION ON THE DEBTOR’S CHOICE (1) The debtor
Premium Philosophy of life Substitute good Law
A Supplier Partnering Agreement at the University of Las Vegas Introduction The supplier partnering agreement at the University of Las Vegas case reflects the initiative of the Nevada Office Supply Company (NOSC) to become the sole supplier of office goods‚ not only to the University‚ but also to all state institutions involved in education. NOSC already is a major supplier to these institutions with approximately 50% of the business‚ and has provided competitive prices‚ good quality and
Premium Standard Oil Nevada Cartel
cheeseburger as equivalent to 1.25 hamburgers and chicken sandwiches as 0.8 hamburgers. Current employment is five full-time employees (who work a 40-hour week). If the restaurant sold 700 hamburgers‚ 900 cheeseburgers‚ and 500 chicken sandwiches in one week‚ what is the productivity? What would its productivity have
Premium Productivity
impact on college students who \get no respect." All prescriptions (Rxs) go through the following process: Drop-o® ! Fill Rx ! Pick-up ! Cashier Assume that students arrive to drop-o® Rxs at a steady rate of 2 Rxs per minute‚ with an average of one Rx per student. The average number of students in process (those who are waiting and those who are being served) at each station is: Drop-o® - 5 students Pick-up - 3 students Pay cashier - 6 students On average‚ the Fill Rx station has 40 Rxs in
Premium Hospital Physician Flowchart
ANDREW BOERENS MGT/216 ORGANIZATIONAL ETHICS AND SOCIAL RESPONSIBILITY ETHICALS ISSUES IN MANAGEMENT JOHN BRAEGER Ethics and ethical decisions are necessary to be a successful supervisor‚ manager or leader. Business ethics is essentially always doing right in all aspects of the workplace. But like anything else in life‚ there is always ambiguity to what is right. I was recently promoted to a supervisor with a self-directed brokerage firm. This has made business
Premium Ethics Business ethics Financial services
However‚ due to NASA’s ambitious launch schedule‚ the program managers were appalled at the thought of delaying the launch. One manager from NASA remarked‚ “My God‚ Thiokol‚ when do you want me to launch‚ next April? [1]” The supervising engineer was told by management “to take off his engineering hat and put on his management hat [1].” This statement by management promoted poor ethical decision making. Engineers have a duty to report to an appropriate authority of the potential risks when a client/employer
Premium Space Shuttle Management Risk
1. Why should one study operations management? Operations Management is the set of activities that creates value in the form of goods and services by transforming inputs into outputs. • Operations Management is one of the three major functions of any organization‚ and it is generally related to all the other business functions. All organizations market (sell)‚ finance (account)‚ and produce (operate)‚ and it is important to know how the Operations Management activity functions. Therefore‚ we study
Premium Management Productivity
Gamble has become one of the most important International players as a consumer product manufacturer based on revenue production and industry market share. Their net profits span over $ 82.559bn and $15.818bn in operating income according to P&G 2011 annual report. As such a big International consumer product manufacturer‚ P&G encounters a lot of problem solving in their everyday activities like: innovation‚ operation management‚ marketing and many others. Innovation department is one of their most prosperous
Premium Innovation
Operations strategy defines how an organisation could manage their resources for its production. People within the operations management play the most important role in a company. They need to be able to manage how to keep or attract customers to their products or services and have a major competitive advantage against their competitors. Lack of competence and skill within this segment can easily lead to failure and loss. To avoid so‚ a manager needs to comply with a certain strategy to stay on
Premium Human rights Human rights Universal Declaration of Human Rights
Ethical Issues in Management Performance evaluations are important to ensuring all employees are performing as expected‚ and if not the manager is providing proper feedback. Managers may encounter moral and ethical issues in the process of performance evaluations‚ and must do his or her best to evaluate fairly each employee. Ethically responsible management practices and social issues can be directly tied to performance evaluations‚ and managers may even come across legal issues surrounding an
Premium Ethics Morality Employment