TASK 7 WHAT AN ADMINISTRATIVE BUDGET IS‚ AND HOW TO DEVELOP ADMINISTRATIVE ASSISTANT SKILLS? An Administrative Budget is an official‚ detailed financial plan for a business. This is usually prepared on a quarterly basis. This is how the cost of running an operation that is not tied to production is identified. Having a budget enables management to control the day to day activities of a business. An administrative budget is a formal breakdown of all planned expenses. It allows management
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implementing rules and regulation IMPLEMENTING RULES AND REGULATIONS OF REPUBLIC ACT 9003 Pursuant to the provisions of Section 59 of Republic Act No. 9003 ‚ otherwise known as the "Philippine Ecological Solid Waste Management Act of 2000‚" and by virtue of Executive Order No. 192‚ Serie s of 1987‚ the Department of Environment and Natural Resources hereby adopts and promulgates the following rules and regulations PART I . GENERAL PROVISIONS Rule I. Preliminary Provisions Section
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PROBLEM AND ITS BACKGROUND Introduction Every university has a set of rules and regulations to be followed by the students. Students are obligated to follow the rules or else there is an equivalent punishment for every violation. In Feati University‚ the students have certain sets of rules to be followed. Recently‚ the Administration in FEATI University has strictly implemented the new school uniform regulations‚ resulting to an increase on the number of students who violate the University’s dress
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P3 Advertising Agencies What are advertising agencies? An advertising agency is a service based business dedicated to creating‚ planning‚ and handling advertising for its clients. An ad agency is independent from the client and provides an outside point of view to the effort of selling the client’s products or services. An agency can also handle overall marketing and branding strategies and sales promotions for its clients. Why would a business hire an advertising agency? For a business
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Administrative Ethics Paper Jennifer Bradford HCS/335 Michael Taylor September 29‚ 2012 In the health care setting for administrators there is an ongoing occurrence of ethical issues implicit in daily activities. A health care administrator we have assignments to the business as well as to ourselves to help the customers and our coworkers who accommodated and checked the patients within the company. The information technology system is growing rapidly this is an ethical issue for the administrators
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QUESTION: Explain what agency of necessity is and how it may arise. AUTHOR: KATALILO JOY INTRODUCTION This paper will explain what agency of necessity is and how this agency arises. Agency is the work done by an agent. An agent is a person that has a contractual obligation with a principal to bind the principal to a third party without the agent being party to the contract. The contract then becomes one between the principal and the third party. In lay terms‚ imagine parties A‚ B and
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Agency Theory Description Agency theory describes the relationship between principals (shareholders‚ investors and owners) and agents (management). Theoretical discussions in business and academia may be a modern phenomena‚ however the dynamics surrounding agency relationships have been around since the dawn of barter and exchange. Most business relationships are fundamentally agency relationships. In simplistic terms principals have interests and goals to which they have transferred the
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of Travel Agencies. Travel Agency is one of the service intensive industries and indispensible among the tourism business. But what is the specific role of travel agency in the hospitality industry and how does it affect the whole industry. Travel Agency is defined as a retail business selling travel-related products and services to customers on behalf of suppliers such as airlines‚ car rentals‚ cruise lines‚ hotels‚ sight-seeing tours and package holidays. When we say Travel Agency they are the
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they affect physician/hospital- patient relationship. The paper will briefly discuss the functions and responsibilities of the governing board of a healthcare corporation. In the few weeks of researching healthcare administrative law a lot of new information has been discovered which has introduced the idea that the healthcare system is more than what is seen when entering the clinic and emergency rooms. It has helped to understand that there is a lot going on in the background that has to all come
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achieve shareholder’s goal. Due to different interests in shareholders and managers‚ the conflicts always exist between them. An agency problem occurs when the interests of stockholders‚ the board of directors‚ and/or the management of the company are not perfectly aligned or when these entities conflict. EXPLAINATION Agency problem is typically caused by two reasons which are asymmetric information and hidden action. There is no legitimate theoretical or moral objection to those who assert that
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