(the agent) may act on behalf of another party (the principal) and bind that other party by words and/or actions. The etymology of the word agent or agency says much. The words are derived from the Latin verb ago‚ agere (the respective noun agens‚ agentis). The word denotes one who acts‚ a doer‚ force or power that accomplishes things.1 Agency is the exception to the doctrine of privity under the law of contract. 2. LIABILITY OF A PRINCIPAL AGAINST THIRD PARTIES Lord Alverstone CJ in THE QUEEN
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To appear in: Moutinho and Hutcheson: Dictionary of Quantitative Methods in Management. Sage Publications Principal Components Analysis Introduction Principal Components Analysis (PCA) attempts to analyse the structure in a data set in order to define uncorrelated components that capture the variation in the data. The identification of components is often desirable as it is usually easier to consider a relatively small number of unrelated components which have been derived from the data than
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If you were the Principal of your school... The Principal of your home school has taken a leave of absence and you have been appointed to fill in during his absence. What are the three main changes you would make to your school to make learning easier for you and the students? I would make some classes shorter. I would have lots of fun. I will let some things go if the kids are getting their work done. DA The first thing I would do is make my classes smaller. At my home school it is about
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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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Principal Joe Clark addresses to East Side High students as the new principal By: Morgan Freeman In the movie “Lean on Me” Principal Joe Clark gives a speech on the students who waste time at the school doing nothing but keep the others from learning‚ and corrupting those around them. That now he is removing all those who were in that group and concentrating on the others who are the key to improve this school. Which he explains that they must take a test that will help keep this school the
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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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The Principal Agent-Theory as a base for the organization of company innovation process There are many settings in which one economic actor (the principal) delegates authority and/or responsibilities to an agent to act on his behalf. The primary reason for doing so is that the agent has an advantage in terms of expertise or information. This informational advantage‚ or information asymmetry‚ poses a problem for the principal—how can the principal be sure that the agent has in fact acted in her
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purpose‚ intimate knowledge of the skills of staff and students and an understanding of the change that will need to occur to achieve the desired outcome. All principals want their school to have successful students. Like the fans of teams who second-guess a coaching decision‚ teachers have wondered about the decisions of some by principals‚ which leads to resistance. It’s an easy thing to do‚ to coach from the stands‚ but the reality of the game is much more complicated. A principal’s job is a lonely
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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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Well do keep these main points in mind 1. Expresses appreciation for the way you worked‚ co-operated‚ learned or lived with. 2. Characterize the leaving person. 3. Link her or him to the history of the community‚ place‚ company‚ school or college. 4. Achievements‚ successful projects? 5. Memories‚ stories‚ anecdotes? 6. Why is she or he leaving? What do you think of it? Describe your feelings. 7. Wish her or him all the best for future successes. 8. State: We won’t forget you‚ followed by:
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