Principal Agent Problem Running a business can be a tricky expenditure in today’s society. As we know a business can only be successful economically if they are bringing more money than they are putting out. Owners of businesses realize that positive economic profit is essential to the livelihood of their businesses. As with every business‚ employees are hired to do specific tasks that the owner assigns for them. However‚ with employees comes the responsibility of managing them. This is where a
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Upon reading the article “The Principal files: Principal Shortage- Why doesn’t anybody want the job?” made for a very interesting read and concerns still arise as to whether the principalship is the career path for me. Throughout the principalship course‚ we had the opportunity to meet three retired principals—which includes the professor. There was a common shared sentiment among them all and that was that being a principal is a highly stressful job. However‚ the amount of stress and how they
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P1-Describe the type of business‚ purpose and ownership of two contrasting businesses Range of different businesses There are different types of business‚ from local to global. Local businesses are those that set up in local towns. The businesses that start to expand across the country are considered to be national. When business starts to sell goods abroad it becomes international. Businesses that spread across the globe are called global businesses. The table below shows examples of each type
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THE DUTIES OF THE AGENTS TO PRINCIPAL The duties of an agent depend primarily on the contract of agency if there is one. Subject to any such express terms‚ the agent owes a number of implied duties or obligations to his principal. It is the agency relationship as such that gives rise to these obligations so that‚ as a general rule‚ they fall as much on the gratuitous agent as on the paid agent. 1. Obey the Principal’s instructions Section 164 states‚ The agent must obey the instructions given to
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that is under the scrutiny of the public eye‚ a district employee needs every resource that is available to them to excel. Designing a program for a newly hired principal would encompass many different avenues. It’s been said that an educators learning on the job is a life-long process. This is true for teachers‚ but even more so for principals with the amount of responsibility placed on them. They walk a fine line of not only understanding the school’s culture and their place in it‚ but the managerial
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Explain two theories of ageing Social disengagement theory This theory was originally proposed by Henry Williams and Elaine Cumming in 1961. According to this theory‚ as people age they disengage from society. This could be because older people would have restricted opportunities to connect with others. Social disengagement is a natural part of ageing where older people experience a reduction in social contact. The potential causes of disengagement could be: Ill health‚ this could be the loss of
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a Schmidt – Assistant Principal Reason for meeting: Annual IEP Meeting Information: SPED Teacher: Grandmother is unable to attend because of illness. She is in Kansas City for treatment today. Grandmother and SPED Teacher talked earlier this week‚ and Grandmother agreed for the IEP team to have the meeting. SPED teacher discussed what was being proposed at the IEP meeting and Grandmother had no issues with the draft IEP. Grandmother‚ the special education teacher and possibly the Transition
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P1 Introduction: in this assignment I will be explaining the main six psychological perspectives to health and social care. The main six psychological perspectives: The behaviourist perspective Social learning theory The psychodynamic approach The humanistic approach The cognitive/information processing perspective The biological perspective The behaviourist perspective: The main key to understanding the behaviourist perspective is that we can understand any type of behaviour by looking at what
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Y11 Studies of Religion 2. Principal Beliefs of Judaism Text p 160 - 165 05/16/15 Students learn about: 1. Origins 2. Principal Beliefs 3. Sacred Texts and Writings 4. Core Ethical Teachings 5. Observance 05/16/15 2. Principal Beliefs Text p161-165 Traditionally‚ Jewish belief is found in the Torah (the first five books of the Old Testament). Given to the people of Israel at Mt. Sinai by God‚ via Moses through divine revelation. Jewish beliefs are also based on later parts of the OT
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Q1. Discuss the significance of organizational culture in the performance of an organization explains the various factors included under OCTAPACE. Ans. Organizational culture is the collective behaviour of humans who are part of an organization and the meanings that the people attach to their actions. Culture includes the organization values‚ visions‚ norms‚ working language‚ systems‚ symbols‚ beliefs and habits. It is also the pattern of such collective behaviours and assumptions that are
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