Chapter 9 Formation of Traditional and E-Contracts TRUE/FALSE QUESTIONS 1. Contract law does not distinguish between promises that create only moral obligations and promises that are legally binding. False. 2. In contract law‚ intent is determined by the personal or subjective intent‚ or belief‚ of a party. False‚ intent is determined by the objective theory of contracts 3. A bilateral contract comes into existence at the moment promises are exchanged. True‚ “promise for a promise” 4. If a voidable
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1. How do scientific management and Theory X differ from the human relations movement and Theory Y? 2. How did the results of the Hawthorne Studies influence researchers’ thinking about employee motivation? 3. What are the five sets of needs in Maslow’s hierarchy? How are a person’s needs related to motivation? 4. What are the two dimensions in Herzberg’s theory? What kinds of elements affect each dimension? 5. What is the fundamental premise of reinforcement theory? 6. According
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Case 9-4: Cost Volume Profit (CVP) Analysis and Strategy: The ALLTEL Pavilion The ALLTEL Pavilion in Raleigh‚ North Carolina is an outdoor amphitheater that provides live concerts to the public from April through October each year. The seven-month season usually hosts an average of 40 concerts with 12 year-round staff planning and managing each season. SFX Entertainment Inc. operates the pavilion. SFX is the largest diversified promoter‚ producer‚ and venue operator for live entertainment events
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Establish and Conduct Business Relationships 2. Conduct Negotiations S 1 Last week Last week S We have learned abut How to Build Relationships. S This week we are going to talk about Conducting Negotiations 2 Learning outcomes Learning outcomes S At the end of this lesson you will be able to; S Conduct business negotiations S Maximize benefits for all parties by negotiations‚ using negotiations techniques in the context of establishing long term relationships negotiation
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OF CONDUCT DECLARATION OF POLICY Public office is a public trust. It is the policy of the State to promote a high standard of ethics in public service. Public officials and employees shall at all times be accountable to the people and shall discharge their duties with utmost responsibility‚ integrity‚ competence‚ and loyalty‚ act with patriotism and justice‚ lead modest lives‚ and uphold public interest over personal interest. RULE I NORMS OF BEHAVIOR Section 1. Norms of Conduct/Behavior
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Chapter 9 Video Case Study 1. In the 21st century what trends in the environmental forces (social‚ economic‚ technological‚ competitive‚ and regulatory) (a) work for and (b) work against success for Prince Sports in the Tennis industry? a) The social media and technology have helped the success for Prince Sports. b) The economy and competitors work against the success of Prince Sports. 2. Because sales of Prince Sports in Tennis-related products depends heavily on
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Short Case A business trip to Brussels My flight to Stockholm would be late landing. The pilot told us that we were in a ‘stack’ of planes circling above the snow clouds that were giving Brussels its first taste of winter. Air traffic control had closed the runways for a short period at dawn‚ and the early morning flights from all around Europe were now being allocated new landing slots along with the long-haul jumbos from the Far East and the US. After a 20-minute delay‚ we descended bumpily
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within a business organization. Companies must ensure they follow all levels of ethical behavior when any activity is performed at their premises; especially activities related to business research. Business research is the systematic inquisition that provides information to direct managerial decisions (Cooper & Schindler‚ 2011). Its purpose is to allow companies access to valuable information on company policies‚ customer service and consumer buying habits. Business owners can
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Project Part 1 A Code of Conduct is published and disseminated to its employees‚ and to existing and potential stakeholders such as members of the board of directors‚ customers‚ partners‚ vendors‚ suppliers‚ potential employees and the general public. Frequently posted on the organization’s website and in their annual report to shareholders‚ the Code of Conduct is both an internal commitment to a standard of behavior and beliefs and a public declaration of the organization’s position on a set
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These values guide you through making judgements between right and wrong‚ and these judgements are what make up ethical behaviors. I think this is the most important concept for several reasons. First and foremost‚ it sets the tone for ethical conduct within an organization. It does so in a top down fashion‚ and through example ethical behaviors will be adopted by a unit. This fosters an environment of trust. Because your subordinates know that you will behave consistently and predictably. They
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