has the right to retire from the firm; 9. If a partner incurs expense on the business or he pays some money on behalf of the firm‚ that partner may get indemnified of these payments from the firm. Duties and obligations of partners: Along with the above rights‚ a partner also has some duties towards partnership and they are: • To devote time and attention to the business of the partnership; • To carry on the business diligently and with the greatest common advantage; • Not to engage in
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Social Responsibility Report Mantoris Robinson MBA 5400 Fairmont State University Explain what social responsibility means to the author of the book you selected. How does he believe it relates to the current model of corporate accountability as structured through the legal system? The authors of “Natural Capitalism” in my opinion believes that the form in which corporate business creates capitalism is solely allied with social responsibility. If the world were to view capitalism as a living
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crucial sub – system in process of management. This can be defined as the total knowledge‚ skills‚ creative abilities‚ talents & aptitudes of an elegant work force. HRM means employing people‚ developing their resources‚ utilizing‚ maintaining and compensating their services in with the job & organizational requirements. HRM is managing the functions of employing‚ developing and compensating H.R’s resulting in creating and developing human relations and utilization of H.R’s with a view to contribute
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Abstract The following essay is an effort to understand the notion that human resource functions cannot be performed in isolation. There is an intense need to identify the external and internal factors that influence the HRM functions and practices. The essay also identifies how successful companies like Nokia‚ Sony‚ Panasonic‚ Ikea‚ Commonwealth bank‚ have managed the impact of various internal and external factors to become leaders in their industry. Human resource management has achieved significant
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Personal Responsibility Joer Lopez Gen/200 November 26 2012 Gabrielle Lavia Personal Responsibility Personal responsibility is a part of daily lives; it can influence his or her career‚ relationships‚ and health. The ability to understand the important significance of personal responsibility can lead someone to become a better person. It defines who they are. Each individual has different views on how
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The first step to establish negligence is to decide whether the defendant owe a duty of care to the plaintiff. The defendant is obliged to take reasonable care to its neighbor. Neighbors are persons who are so closely and directly affected by ma act that I ought reasonably to have them in contemplation as being so affected when I am directing my mind to the acts or omissions which are called in question: Donoghue v Stevenson. Thus‚ the damages occurred must be reasonably foreseeable. In this case
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Hardwig – “Is there a Duty to Die” Summary In John Hardwig’s “Is there a Duty to Die”‚ he builds upon Richard Lamms concept of there being a “Duty to Die”. According to Hardwig‚ there are particular circumstances which make it imperative for a person to fulfill their duty to their family and accept voluntary euthanasia which he frequently refers to as the “Duty to Die”. Generally‚ these circumstances revolve around cases in which the individual is chronically ill and has become more of an expense
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Employee Demographics in Human Resource Management Research Fiona Edgar & Alan Geare Abstract Despite a prominent perspective of the literature that employees are consumers of HRM‚ only recently has HRM been evaluated from the employees’ viewpoint. Whilst these studies have helped to develop our understanding of the HRM‘experience’ from an employee perspective‚ they frequently ignore the issue of employee demography. This study contributes to understanding in this area by establishing
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SOCIAL RESPONSIBILITY MODES AND ROLES Social responsibility is an ethical ideology or theory that an entity‚ be it an organization or individual‚ has an obligation to act to benefit society at large. Social responsibility is a duty every individual or organization has to perform so as to maintain a balance between the economy and the ecosystem. A trade-off always exists between economic development‚ in the material sense‚ and the welfare of the society and environment. Social responsibility means
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Abstract Downsizing has been a common cost-cutting activity for organisations in the last 25 years. Literature in this area has focused mainly on the effects that redundancy may have on people leaving the organisation. However‚ some research has investigated the effect it may have on the employees who were not made redundant‚ and from this the concept of ’Survivor Syndrome ’ was created. It has been established that redundancy processes result in negative emotions being felt by survivors‚ such as
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