Act 1950. According to section 57(2)‚ it is clearly stated that when the contract is impossible to perform due the personal incapacity which is not caused by the fault of any parties of the contract‚ it is said that the contract is discharge by frustration. Whereas section 66 of the Contract Act 1950 stated that “any person who has received any advantage under the agreement or contract is bound to restore it‚ or to make compensation for it‚ to the person from whom he received it.” Miss Joh Get
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Kindley‚ M. (2001) What is Organizational Capital? – Interview to Erik Brynjolfsson – CIO Insight The recent bursting of the internet bubble‚ together with its unsustainable and sometimes bizarre business models‚ has resurrected the debate on the degree to which IT investments contribute to productivity growth. While economist Erik Brynjolfsson is a firm believer in the long-term contribution of technology to productivity growth‚ he also believes the answer isn’t as easy as buying a few computers
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1. What is Organizational Behavior? Study of the impact individuals‚ groups‚ and structure has on behavior within an organization. This is studied by managers to improve an organizations work environment to find methods to increase the bottom line. Basically it is a study of the way people act within an organization when exposed to different elements such as leadership styles‚ behaviors of others‚ and incentives. 2. Maslow theory hierarchy of needs? Physiological- Basic needs or body needs; food
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doctrine of frustration applies when there is a change of circumstances‚ after the conclusion of a contract; consequently rendering the contract impossible to perform or depriving the contract of its commercial purpose by the occurrence of an unexpected event not due to the act or default of either party. In the event of a contact being frustrated the contract is discharged at that date. Examples of some of the unforeseen events that have been acknowledged as giving rise to frustration are destruction
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What were the main causes of the revolution in March 1917? The revolution of March 1917 wasn’t just a sudden event that happened and was planned over night‚ there were many causes‚ long and short term that finally brought out the peoples strength. There were many long-term reasons for the Russian people being dissatisfied. The people weren’t being governed properly. This was because Russia was full of many different races and social classes and it was a very large empire‚ almost twice the size of
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In the poem “frustration” the author’s point is to not judge anyone by who they are. The author is saying to have an open heart while talking to someone or first meeting someone. She also explains how people should be who they want to be and to not limit themselves. Another view she shows is to listen to what others have to say and to not shut them down. I agree with the author completely. People should be able to be who they wanna be and be able to say what they want to say. Others should not judge
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out in 1914? What was the most important cause? The World War 1 (WW1) breaks out the 28 June 1914 and ended on the 11 November 1918. The WW1 opposed the Triple Entente; France‚ Russia and Britain to the Central Powers; Germany‚ Austria-Hungary and Italy. During the 4 years of war other countries joined the war such as; America‚ Turkey‚ Serbia…With all the countries who joined the WW1 c‚ it had caused about 8.5 million deaths and about 21 million wounded. The essay is going to show what the break out
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under what is organizational behavior‚ then we would be able to understand its relevance to practicing managers in any organization. We shall first define what organizational behaviour is. As define by (Robbins and Judge‚ it is a field of study which investigates the impact that individuals‚ groups and structure have on behaviour within organizations‚ for the purpose of applying such knowledge toward improving organizations effectiveness. In other words OB is concerned with the study of what people
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What is Organizational Behaviour? Organizational behavior is a field of study that investigates the impact that individuals‚ groups and structures have on behavior within an organization for the purpose of applying such knowledge towards improving an organization’s effectiveness.[1] It is an interdisciplinary field that includes sociology‚ psychology‚ communication‚ and management; and it complements the academic studies of organizational theory (which is focused on organizational and intra-organizational
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What is Organizational Psychology? Tiffany Newman Psy 570/Organizational Psychology February 20‚ 2012 Jon Cabiria Organizational Psychology Organizational psychology is a critical part of getting an organization or workplace to function in a productive and positive manner. Organizational psychology gives a glimpse into how a business is doing in terms of the workers. Some aspects looked at are the worker’s morale‚ attitudes‚ abiding policies‚ problems‚ etc. The subject can also help an organization
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