Introduction: Recent technological developments have transformed the way business is conducted in today’s world. The reduction in transportation costs and huge development in the communications and digital industry opened opportunities to do business across great distances and/or in entirely new ways. It has opened the possibility to trade and exchange a variety of services on both national and global levels. Outsourcing became one of the most popular tools of business transformation in order to
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Outsourcing Report Bangladesh Aspect Executive Summary Now-a-days companies are heavily involved in the Offshore Outsourcing process because of the heavy competition in the market. Cost saving along with the qualitative services has been the main aim for many of the companies. With the help of Offshore Development services companies can concentrate on their business goals more effectively. For many companies Offshore Outsourcing has been the most critical component of their main business
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of an obligation through the creation of a new one which substitutes it * The substi or change of an oblig by another‚ which extinguishes or modifies the first‚ either: * by changing its object or principal conditions * by substi another in place of the debtor * by subrogating a third person in the rights of the creditor (Subrogate - Take over a legal claim or right against a third party from another party who previously owned that right or claim) Art. 1291 Obligations may be
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The Law of obligations and contracts is a the body of rules which deals with the nature and sources of obligations and the rights and duties arising from agreements and the particular contracts. Obligation latin word obligation meaning tying or binding; Juridical necessity to give to do or not to do. Requisites of an obligation 1) Passive subject; debtor‚ obligor 2) Active subject; creditor or oblige 3) Object or prestation‚ subject matter of obligation 4) Juridical tie; efficient
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who was left-handed‚ pitched to me everyday after school in the back yard. I batted lefty against my dad and righty against my granddad.” Mickey Mantle quotes (American Baseball Player‚ 1931-1995) “If little green men land in your back yard‚ hide any little green women you’ve got in the house.” Mike Harding quotes “I buried a lot of my ironing in the back yard” Phyllis Diller quotes (American comedienne and actress‚ born 1917) “I don’t visit my parents often because Delta Airlines won’t wait
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Chapter 4: MODES OF EXTINGUISHING OBLIGATIONS a) By payment or performance b) Loss of the thing due c) Condonation or remission of the debt d) Confusion or merger e) Compensation f) Novation In addition: g) Annulment h) Rescission i) Fulfillment of a resolutory condition j) Prescription k) Death of a party in case the obligation is personal l) Mutual desistance m) Compromise n) Impossibility of fulfillment o) Happening of fortuitous events PAYMENT or PERFORMANCE
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Ethical and Legal Obligations Ethical and legal obligations apply to all members of society. As one in society‚ the obligation to act in an ethical‚ law abiding manner on a daily basis is vital to the integrity of daily life. Many professions have their own code of ethics. Financial reporting is not exempt from such ethical and legal standards. One’s lively hood depends on decisions made in the business world. Business transactions are done daily and can impact one’s economic stability.
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response have been to reduce costs‚ stay ahead of competition‚ and enhance profits. Outsourcing has become a main cost-cutting strategy in the twenty-first century. It occurs when a company moves work out of the enterprise. A special report in the Canadian Business Review magazine refers to outsourcing as a strategic tool. The author‚ Michael F. Corbett‚ states that in the 1920s and 1930s‚ the model hat has shaped our thinking about organization has been that of a large‚ integrated corporation that own
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By: Zuha Nihan Naseer male’ maldives Will we ever … have reliable nuclear fusion power? In the era of global climate change‚ and concerns about humanity’s long-term reliance on fossil fuels‚ many think the solution lies in alternative sources of energy‚ including nuclear power. All our nuclear power plants are based on fission: splitting heavy atoms into lighter components in a controlled fashion. Though fission is safe when all goes well‚ the fuel is radioactive‚ waste disposal can
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What is IT outsourcing? IT outsourcing is an arrangement in which a company subcontracts its information technology related activities to be executed by a different company. In the past several decades‚ as the role of information technology grew in the performance of a company‚ the fixed cost of maintaining up and running IT facilities and staffs was increasing as well. Therefore outsourcing solution was derived from companies’ need to achieve superior performance of IT functions with minimum amount
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