Final Exam 1. Compare tort law and criminal law by identifying their similarities and differences. Conclude your analysis with examples how each may apply to health care providers who run afoul of legal standards. Tort law and criminal law have one major similarity in that they are both meant to identify wrongdoers, start a corrective action on them while also deterring people from wrongdoing. Their objective entails maintaining the scales at a balance concerning all the events in society. They advance
TASK 3 Analyze terms in contracts with reference to their meaning and effect. Conditions, warranties and innominate terms In most cases, the terms in a contract are not equally important. In a services contract, terms that relate to payment deadlines and the date of the service provided is probably of greater importance. Should the important terms not be fulfilled, the contract, as a whole, may be terminated. When drafting contracts, parties may highlight important parts in respect of “express
3.3 Qualitative Risk Analysis Perform qualitative risk analysis is the process of prioritizing risks by assessing and combining their likelihood and impact. Risk prioritization guides the effort and defines which risks require more attention and responses. The key risks then to be monitored more frequently, and included in detailed modeling in Quantitative Risk Analysis (QRA). Qualitative risk analysis evaluates the probability of each risk will occur and the effect of each individual risk on the
A psychological contract is an unsaid, unwritten contract that refers to the mutual expectations that exist between the employer and employee (Rousseau, 1989). The Psychological Contracts play an essential role in understating employee behavior as well as the employee-employer relationship. According to Rousseau (1989), there are essentially two types of psychological contracts. A transactional psychological contract is based on the exchange of extrinsic factors and its short-termed (De Cuyper &
If one of those elements is poorly executed, total offering is ineffective. The price setting must consider company's objectives, markets, costs, competition and customer demand patterns. Competitive and business climate change rapidly, customer requirements and perceptions
Civil Engineering is a fundamental branch of engineering which is closely associated with the very existence of human-beings. Since stone-age knowingly or unknowingly human-beings are using Civil Engineering for their shelter and food. From ancient times for cultivation of crops by humans Irrigation is used. Sub-branches of Civil Engineering such as Hydraulics and Irrigation, which were First public water tank of the ancient world (Mohanjodaro) hand in hand involved in evolution of human civilization
manager should have a good understanding of the elements of the purchasing cycle. Explain the elements of the procurement cycle and assess its significance to the role of purchasing manager. INTRODUCTION: Managers in any company must understand the art of obtaining products and services. The procurement cycle follows specific steps for identifying a requirement or need of the company through the final step of the award of the product or contract to make a successful purchasing cycle and achieving
purpose of preparing a Budget is to understand and control costs. Ideas must take shape and become quantifiable. Cost estimating is essential for cost planning and budgeting in construction. Several methodologies exist for costing depending on level of detail plus available information. The cost estimate of a project involves the identification, compilation and analysis of the many items of cost that will be involved in a construction process. The estimating of costs leads to establishing of the project
Internship Report on “A Study on Psychological Contract among employees” at Crowne Plaza, Electronic City, Bengaluru BY AZHAR AHMED 1PE13MBA12 Submitted to VISVESVARAYA TECHNOLOGICAL UNIVERSITY, BELGAUM In partial fulfillment of the requirements for the award of the degree of Internal Guide External Guide Dr.J.Shanthilakshmi Mr. Shashank Damodara Associate Professor Asst.Manager HR Under the Guidance of Department of MBA PES INSTITUTE OF TECHNOLOGY-Bangalore South
CHAPTER 1 1.0 INTRODUCTION This research study is aimed at the application of Standard Method of Measurement of Building Works Second Edition (SMM2) among the Quantity Surveying (QS) students in different selected public universities in Malaysia. According to Standard Method of Measurement of Building Works Second Edition (SMM2) (2000) SMM acts as a uniform reference for all measurement works in construction industry. SMM is frequently used to procure general rules for the Quantity Surveyors (QS)