Q1.Based on the 2004 statement of profit and loss data (Exhibits 1 and 2)‚ do you agree with Water’s decision to keep product 103? In order to support an opinion on the side we decided to analyze all the probable scenarios. If the company management decided that it is better to stop the production of product 103‚ they could do this in one of the following manners: 1. Stop production and any business related to product 103. 2. Stop production but outsource it to another company and continue
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1. Provide an overview of the respondeat superior legal doctrine and explain its significance in the health care industry. Additionally‚ explain at least two defenses to this legal doctrine. Your initial post must be a minimum of 250-300 words. Respond to at least two of your classmates’ posts. The respondeat superior is a legal doctrine that holds the employers legally responsible for any wrongful acts caused by their employees. The employer is liable for any injuries caused by their employee
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Superior-Subordinate Communication It is a vital component in an organization for the organizational members and the top management to exchange information about the functions in an organization so that the organization can reach its objectives effectively (Altinoz‚ 2008; Bisel‚ Messersmith & Kelley‚ 2012; Wińska‚ 2010; Steele & Plenty‚ 2015). This is because the management has great impact over their subordinates and the way they perform in the organization because they provide them with sufficient
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EMBA Spring 2015 Superior Manufacturing Company Managerial Accounting DR.: Khalid Hegazy Assignment Presented by: Mona Abdallah Student ID : 131239 Superior Manufacturing Company Question1: Do You Agree with Water’s decision to keep product 103? As per below calculations‚ dropping Product 103 will result in more loss while they were making a profit in case of keeping all of the 3 products. Based on this‚ I agree
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The respondeat superior doctrine makes employers directly liable for harm caused by their employees as long as they are acting within an official capacity. These actions must be within their scope of employment‚ relate to their work and take place during working hours and in the area they work (Walsh‚ 2014) The narrow issue is whether or not Mr. Mellon legally responsible for Mr. Bundy’s actions under the doctrine. Betty would be required to prove that Mr. Bundy was acting in the scope of his duties
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Case Study Summary- Superior Manufacturing Company The Company / Management / Competition / Strategy / Cost System ►The Superior Company has manufactured three industrial products: 101‚ 102 and 103. These have been supplied to other manufacturers in different proportions. Their share on the market in 2004 has been respectively 12% for 101 with a price of $24.5 per 100 pounds of product‚ 8% for 102 with a price of $25.8 per 100 pound of product and 10% for 103 with a price of $27.5 per 100 pounds
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For a “brutal‚ cowardly attack” on a 27-year-old man‚ run over and left for dead‚ Agustin Caruso pleaded guilty to manslaughter Monday and was sentenced to 8 1/2 years in prison. In his decision‚ Superior Court Justice John McMahon said Caruso showed a “cold and callous disregard for the life and welfare of Christopher Skinner.” Court heard that‚ according to the agreed statement of facts‚ 19-year-old Caruso was drunk on vodka and high on cocaine when he left a bar in the Entertainment District with
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The Doctrine of respondeat superior is Latin for “let the master answer”. It is a rule of law stating that an employer of a negligent employee is responsible for the employee’s actions‚ if the incident occurs within the scope of the employment or agency. It is a type of liability‚ which allows a third party to be held liable for actions done by an employee at the time of his or her employment. The employer can be held liable and does not have absolute immunity in lawsuits filed against them. Usually
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Superior Anufacturing Question 1 Answer Based off of the 2004 statement of profit and loss data‚ I do agree with Water’s decision in keeping product 103. The total sunk costs for the company could be more substantial in a shorter time than having years of low profits from the sales of product 103. Overall the company would lose $4‚933‚000 by eliminating product 103. Recovering the indirect costs of dropping the product line would also be unclear as well. An incremental analysis would be the best
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The Superior Race People that live in a geographic location that has more resources‚ will gain more advantages over others. Native Americans and Africans‚ for example‚ lived in geographical locations that offer limited resources and no technology leaving them at a disadvantage. Whereas‚ Spaniards and Europeans live in a geographical location where there are a lot of resources and technology‚ putting them at an advantage. Jared Diamond‚ a Professor of Geography at UCLA and author of Guns‚ Germs‚
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