1. What are the four elements of a valid contract? A contract is an "agreement between parties‚ with terms and conditions that describe the agreement that constitutes a legal obligation" (All Business). A valid contract requires four elements and these are: a. Mutual agreement there must be a meeting of the minds between parties. There should be an offer and an acceptance. There should be an agreement to enter into the contract b. Consideration - meaning that "every party is conferring a
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Ethical Behavior in Management and Business Ethics is the term we give to our concern for good behavior. Its human nature to not only is concerned with our own personal well being‚ but also that of others and of human society as a whole. Basically‚ treat others how you would like to be treated. Business ethics is very similar to normal every day ethics. It is related in a way that it involves being fully aware of what we’re doing including the complications and consequences of our actions. Being
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Ethical Theories in Business Environment Patriot Rustani Kaplan University Ethical Theories in Business Environment The Energy Corporation is a non-profit organization dedicated to providing to the community. Our organization is made of 400‚000 members as I am a part of the board of directors. One of the directors has asked to address himself as a director of the Energy Corporation to personal potential clients. I have been asked to review this matter. Before giving the rest
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car?” Is the title of a 2006 documentary film by Chris Paine. CONTENT Introduction Reason(dead of electric car) Problems Recommendation Business ethical points Conclusion Introduction Introduction The first electric car were build around 1832‚ “Who Killed the Electric car?” The film focused on the EV1 model created by General Motors in the 1990s. General motors‚ was one of the largest automakers in the world. In the 1970 GM decided to design a electric car. It was called the Electrovette
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process than an event. ▪ Staffing the organization requires attention to both the quantity and quality of people brought into‚ moved within‚ and retained by the organization. ▪ Quantity or quality labor shortages can mean lost business opportunities‚ scaled-back expansion plans‚ and an inability to provide critical consumer goods and services‚ and even threats to organizational survival. PURPOSE OF STAFFING ▪ Shortages and surpluses can be identified so that quick action
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Ethics in Advertising The ethical issues that permeate the world of advertising have remained stagnant for decades‚ though the exact nature of the ads may have changed in and of themselves; however much current ads portraying women in our modern times may differ from contemporary ads that portrayed women during the 1950s‚ the end result remains that women continue to be marginalized into a specific subset of society or to be completely visualized as a mere object‚ possessing qualities or faults
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Business Ethics: A European Review Out of Africa: an introduction Gedeon J. Rossouw Business ethics as academic field began its existence in North Atnerica. Its early development was dominated by the North American discourse about ethics and its relevance in the business context. The various approaches to the study of business ethics‚ as well as the issues that emerged there‚ made a lasting impact on the landscape of this area of study. Since this period of inception in the 1970s business ethics
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importance of ethics in this dynamic environment. An organisation’s corporate culture is supposed to be characterised by ethical behaviours for it to make decisions that are more likely to be socially responsible rather than motivated solely by making profits. Organisations that are committed to long term success recognise and realise that creating a culture where ethical behaviours are rewarded and encouraged is the ultimate key to survival and growth. This paper aims at outlining three ethical theories
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ProQuest. After reading the studied research I will begin to discuss the business research and its purpose; the business problem’s under investigation‚ the data collection method‚ and the final conclusion resulted from the research. The Business Research and its Purpose The research conducted by Jan Hargrave focused on the importance of comprehending communication as a whole. Hargrave believes that non verbal communication has just as much a message as verbal communication stating “the entire
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Assignment Three Part One: Legal Issues – These are laws set by the government. That are essentially rules that a business must follow. They are designed to keep both the consumer and the business happy and ensure that everyone is treated fairly. Vue must follow these rules or they may be prosecuted and faced with a punishment such as a fine or‚ I extreme circumstances‚ forced closure of a business. Data protection Act –The Data Protection Act is set up to stop businesses unlawfully sharing customers
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