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In the contemporary era, the board of directors has to shoulder larger responsibilities so as to meet the increasing demands of the market place. Running a corporation only to earn
Q. Conflicts in Profit versus Value Maximization Principle? 1) Conflict between Departmental Goal and Firm Goal: There are several departments in affirm such as sales departmen
Firms are concerned about the cost of absenteeism (employees either arriving late to work or leaving early from work). When firms tell employees that their pay will be deducted for
What are the Principles of Organization? Some common principles are: a. Consideration of objectives b. Relationship of the fundamental components of the organization c
measure of actual performances
QUESTION 1 Organisations resist change for many of the same reasons as individuals do. There are also many forces inside an organization that create resistance to changes initi
What is the prime aim of a good inventory control? A good inventory control will aim to: 1. Procure material of good quality within time 2. It doesn’t to face shortage of
What is the harmful factor in the relation of management and workers? The one thing that is very damaging to good relations between management and workers is the feeling in bet
explain the generic framework of ecommerce with diagram
The Williams & Wiley partnership has two partners and each partner has $50,000 invested in the firm. Woods is admitted to the partnership for one-third interest and invests $80,000
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