Extinguishment of Obligation Essay Example for Free

Extinguishment of Obligation Essay Segment 1. †Payment or Performance Craftsmanship. 1232. Installment implies the conveyance of cash as well as the exhibition, in some other way, of a commitment. (n) Workmanship. 1233. An obligation will not be comprehended to have been paid except if the thing or administration where the commitment comprises has been totally conveyed or rendered, all things considered. (1157) Workmanship. 1234. On the off chance that the commitment has been generously acted in compliance with common decency, the obligor may recoup just as there had been an exacting and complete satisfaction, less harms endured by the obligee. (n) Craftsmanship. 1235. When the obligee acknowledges the exhibition, knowing its deficiency or abnormality, and without communicating any dissent or complaint, the commitment is esteemed completely agreed to. (n) Craftsmanship. 1236. The loan boss will undoubtedly acknowledge installment or execution by a third individual who has no enthusiasm for the satisfaction of the commitment, except if there is a specification despite what might be expected. Whoever pays for another may request from the indebted person what he has paid, then again, actually in the event that he paid without the information or against the desire of the account holder, he can recoup just to the extent that the installment has been valuable to the borrower. (1158a) Craftsmanship. 1237. Whoever pays in the interest of the indebted person without the information or against the desire of the last mentioned, can't force the lender to subrogate him in his privileges, for example, those emerging from a home loan, surety, or punishment. (1159a) Workmanship. 1238. Installment made by a third individual who doesn't mean to be repaid by the indebted person is esteemed to be a gift, which requires the debtor’s assent. Be that as it may, the installment is regardless substantial with regards to the leaser who has acknowledged it. (n) Workmanship. 1239. In commitments to give, installment made by one who doesn't have the free removal of the thing due and ability to estrange it will not be substantial, without bias to the arrangements of Article 1427 under the Title on â€Å"Natural Obligations.† (1160a) Craftsmanship. 1240. Installment will be made to the individual in whose favor the commitment has been comprised, or his replacement in intrigue, or any individual approved to get it. (1162a) Craftsmanship. 1241. Installment to an individual who is crippled to regulate his property will be legitimate in the event that he has kept the thing conveyed, or to the extent that the installment has been gainful to him. Installment made to a third individual will likewise be substantial to the extent that it has redounded to the advantage of the leaser. Such advantage to the loan boss need not be demonstrated in the accompanying cases: (1) If after the installment, the third individual obtains the creditor’s rights; (2) If the leaser sanctions the installment to the third individual; (3) If by the creditor’s direct, the borrower has been persuaded that the third individual had power to get the installment. (1163a) Craftsmanship. 1242. Installment made in compliance with common decency to any individual possessing the credit will discharge the account holder. (1164) Workmanship. 1243. Installment made to the loan boss by the account holder after the last has been judicially requested to hold the obligation will not be substantial. (1165) Craftsmanship. 1244. The indebted person of a thing can't urge the loan boss to get an alternate one, in spite of the fact that the last might be of a similar incentive as, or more important than that which is expected. In commitments to do or not to do, a demonstration or self control can't be subbed by another demonstration or abstinence against the obligee’s will. (1166a) Craftsmanship. 1245. Dation in installment, whereby property is distanced to the lender in fulfillment of an obligation in cash, will be represented by the law of deals. (n) Craftsmanship. 1246. At the point when the commitment comprises in the conveyance of an uncertain or conventional thing, whose quality and conditions have not been expressed, the leaser can't request a thing of unrivaled quality. Neither can the indebted person convey a thing of substandard quality. The reason for the commitment and different conditions will be thought about. (1167a) Workmanship. 1247. Except if it is in any case specified, the extrajudicial costs required by the installment will be for the record of the account holder. As to legal costs, the Rules of Court will administer. (1168a) Craftsmanship. 1248. Except if there is an express specification with that impact, the bank can't be constrained halfway to get the prestations in which the commitment comprises. Neither may the borrower be required to make fractional installments. In any case, when the obligation is to a limited extent sold and partially unliquidated, the lender may request and the indebted person may impact the installment of the previous without sitting tight for the liquidation of the last mentioned. (1169a) Craftsmanship. 1249. The installment of obligations in cash will be made in the money specified, and on the off chance that it is beyond the realm of imagination to expect to convey such cash, at that point in the cash which is legitimate delicate in the Philippines. The conveyance of promissory notes payable to request, or bills of trade or other commercial records will create the impact of installment just when they have been liquidated, or when through the shortcoming of the loan boss they have been impeded. Meanwhile, the activity got from the first commitment will be held in the suspension. (1170) Craftsmanship. 1250. In the event that a remarkable swelling or collapse of the cash specified ought to happen, the estimation of the money at the hour of the foundation of the commitment will be the premise of installment, except if there is a consent despite what might be expected. (n) Craftsmanship. 1251. Installment will be made in the spot assigned in the commitment. There being no express specification and if the endeavor is to convey a determinate thing, the installment will be made any place the thing may be right now the commitment was comprised. In some other case the spot of installment will be the home of the borrower. In the event that the indebted person changes his house in dishonesty or after he has acquired in delay, the extra costs will be borne by him. These arrangements are without partiality to scene under the Rules of Court. (1171a) SUBSECTION 1. †Application of Payments Workmanship. 1252. He who has different obligations of a similar kind for very much the same loan boss, may proclaim at the hour of making the installment, to which of them the equivalent must be applied. Except if the gatherings so specify, or when the use of installment is made by the gathering for whose advantage the term has been comprised, application will not be made as to obligations which are not yet due. On the off chance that the account holder acknowledges from the loan boss a receipt in which an utilization of the installment is made, the previous can't whine of the equivalent, except if there is a reason for negating the agreement. (1172a) Workmanship. 1253. On the off chance that the obligation produces intrigue, installment of the chief will not be regarded to have been made until the interests have been secured. (1173) Workmanship. 1254. At the point when the installment can't be applied as per the former principles, or if application can not be construed from different conditions, the obligation which is generally grave to the indebted person, among those due, will be regarded to have been fulfilled. In the event that the obligations due are of a similar sort and weight, the installment will be applied to every one of them proportionately. (1174a) SUBSECTION 2. †Payment by Cession Craftsmanship. 1255. The indebted person may surrender or relegate his property to his lenders in installment of his obligations. This cession, except if there is specification despite what might be expected, will just discharge the indebted person from obligation regarding the net continues of the thing appointed. The understandings which, on the impact of the cession, are made between the account holder and his leasers will be administered by uncommon laws. (1175a) SUBSECTION 3. †Tender of Payment and Consignation Craftsmanship. 1256. On the off chance that the loan boss to whom delicate of installment has been made declines without worthy motivation to acknowledge it, the indebted person will be discharged from duty by the consignation of the thing or whole due. Consignation alone will deliver a similar impact in the accompanying cases: (1) When the lender is missing or obscure, or doesn't show up at the spot of installment; (2) When he is debilitated to get the installment at the time it is expected; (3) When, without worthwhile motivation, he will not give a receipt; (4) When at least two people guarantee a similar option to gather; (5) When the title of the commitment has been lost. (1176a) Craftsmanship. 1257. All together that the consignation of the thing due may discharge the obligor, it should initially be declared to the people inspired by the satisfaction of the commitment. The consignation will be incapable in the event that it isn't made carefully in consonance with the arrangements which direct installment. (1177) Craftsmanship. 1258. Consignation will be made by storing the things due at the removal of legal power, before whom the delicate of installment will be demonstrated, in an appropriate case, and the declaration of the consignation in different cases. The consignation having been made, the invested individuals will likewise be advised thereof. (1178) Craftsmanship. 1259. The costs of consignation, when appropriately made, will be charged against the leaser. (1178) Craftsmanship. 1260. When the consignation has been appropriately made, the account holder may request that the appointed authority request the crossing out of the commitment. Before the lender has acknowledged the consignation, or before a legal presentation that the consignation has been appropriately made, the indebted person may pull back the thing or the total stored, permitting the commitment to stay in power. (1180) Craftsmanship. 1261. On the off chance that, the consignation having been made, the leaser ought to approve the indebted person to pull back the equivalent, he will lose each inclination which he may have over the thing. The co-borrowers, underwriters and guarantees will be discharged. (1181a) Segment 2. †Loss of the Thing Due Craftsmanship. 1262. A commitment which comprises in the conveyance of a determinate thing will be quenched on the off chance that it ought to be lost or wrecked without the shortcoming of the borrower, and before he has acquired in delay. When by law or specification, the obligor is at risk in any event, for chance occasions, the loss of the thing doesn't stifle the commitment, and he will be

Frito Lay Essay Example | Topics and Well Written Essays - 750 words

Frito Lay - Essay Example A portion of the highlights of the business work that made it fitting for an outcomes based way to deal with work execution are that the quantity of deals that the representatives make decides the measure of benefits that the organization will make. Furthermore is that the installment method of the activity is on a commission premise contingent upon the quantity of deals that an individual makes. 2. One of the preferences that collect to Frito Lay in characterizing the exhibition of its course deals representatives regarding its conduct is that it can focus on zones that will build the deals relying upon the course. In any case, a significant disservice of this technique in characterizing conduct is that it makes it hard to move representatives starting with one course then onto the next because of the various practices that are required to make deal. So as to address these issues, a commission pay framework ought to be changed to incorporate an arrangement of installment that is rel iant on the practicality of appearance for the high-volume course workers and the capacity of low-volume course representatives to haggle for the perfect rack space. 3. Frito Lay underlined on conduct of the course workers in its exploration to build its deals, anyway there are different measurements that are similarly significant, for example, the various capacities and instructive degrees of the representatives, as they will decide how successfully they will have the option to deal with their obligations. Neglecting these parts of execution will undoubtedly make the course representatives unfit to meet their objectives, which lead to low compensation, and the organization will record low benefits. Indonesia-Asia bumbling goliath 1. The poor financial presentation that has been knowledgeable about Indonesia has been a direct result of political and monetary elements. A portion of the political variables that added to the poor financial presentation incorporate the standard of Dicta tor Suharto that left the nation with enormous obligations to pay, likewise, the degrees of defilement and absence of political generosity has prompted the stagnation of the economy. The financial variables that have added to the poor monetary exhibition remember the decrease for remote direct speculations, the bureaucratic procedure that takes as long as 151 days all together for an individual to get a permit to work a business have likewise added to the low monetary presentation of Indonesia (Lewis, 91). These two components are connected since the political class, who have stolen open assets and neglected to plan arrangements to prod financial development has made the poor monetary condition in the nation. 2. A portion of the reasons that may have prompted outside firms leaving Indonesia in the mid 2000’s incorporate the defilement levels in the nation and bureaucratic procedures; this implied a decrease in GDP since there was no income created by the organizations any mor e. So as to turn around this pattern, the degrees of defilement and bureaucratic procedures ought to be tended to. 3. Defilement in Indonesia is a test since the political class come up short on the generosity to destroy it, as they are likewise included, this has made outside financial specialists avoid putting resources into the nation. 4. A significant hazard that remote firms in Indonesia face is imprisoning of their representatives or their activity licenses not being restored because of inability to offer pay-offs to the specialists. To lessen these dangers, these organizations should campaign the administration to make an ideal business condition for outside firms. Japan’s monetary disquietude 1. The Japanese economy has deteriorated in light of the fact that after the financial downturn that the nation confronted, the nation has been not able to prod monetary development again in spite of the administration endeavors. 2. The descending pattern in the Japanese economy

Onhs Documentation Essay Example

Onhs Documentation Essay Part 1. The Problem and Its Background 2. 1 Introduction Enrollment fills in as a crucial part in the life of each understudy after entering schools or colleges, either open or in private. It gives understudies the impact on how the entire organization oversees and controls the whole body. In addition, enlistment fills in as the primary experience of all understudies by which he/she participates either independently or with organization of a parent or a few family members. Enlistment is considered as the initial step or technique that must be finished by old understudies inside a specific foundation before the semester per school year thoroughly begins, however for those rookies, or first year understudies (new understudies), they are obliged to normally take an affirmation test, to know and survey them the correct course to draw in to, trailed by a booked meeting so as to give them brief guidelines and data about specific issues with respect to the school’s strategies, institutional projects just as close to home data, wellbeing, financial status, et cetera. Great enlistment is constantly an advantage in a school, relating to quick installment, appraisal methodology, and simple exchanges with a high pace of exactness. In this way, great enlistment inside the schools, if present, can be depicted as edify, arrange, exact and proficient. Enlistment has consistently been a troublesome assignment, however it is more so today than any other time in recent memory, where overseers utilizes the customary method for documenting records on a bureau. Schools, similar to some other association used to deal with a wide range of information and data to guarantee fulfillment of its objectives and goals. The rising needs in many schools for precise and significant information and dependable data fortify the Student Information System. As the number of inhabitants in the understudies goes up, it is getting increasingly mind boggling. Information ought to be put away in more secure places, and can be recovered effectively and quick when somebody needs it. We will compose a custom paper test on Onhs Documentation explicitly for you for just $16.38 $13.9/page Request now We will compose a custom paper test on Onhs Documentation explicitly for you FOR ONLY $16.38 $13.9/page Recruit Writer We will compose a custom article test on Onhs Documentation explicitly for you FOR ONLY $16.38 $13.9/page Recruit Writer Administrator’s task has getting increasingly mind boggling, there have been endeavors to improve the adequacy of critical thinking and vital to this are quantitative procedures and electronic gadgets, for example, PCs. This examination plans to concoct an enlistment framework and grades the executives with short message administration framework for a secondary school which additionally incorporates data appropriate information, for example, name, year, area, and so on. This framework is structure for the utilization of the staff to empower them to create data required by various individuals. It will make crafted by workforce and staff quicker, simpler and increasingly complete. The framework will likewise store the information of the understudies. For the future analysts, this examination could be utilized for their reference in having an enlistment framework and grades the executives with SMS System if the future specialists might want to detail a framework, for example, this. 2. 2 The Background of the Study Orani National High School (ONHS) is situated at Kawayan, Orani, Bataan, it was set up through the Sangguniang Panlalawigan Resolution No. 41. ONHS grounds began to work three years before its House Bill No. 1425 was affirmed as Republic Act No. 8419 on November 27, 1997. ONHS is made out of (1864) one thousand 800 sixty four understudies. 500 forty (540) are first year, 400 sixty three (463) are second year, 400 thirty two (432) are third year and 400 twenty nine (429) are seniors or graduating. The school has sixty six (66) educating and non-instructing staff. Fifty three (53) instructing work force are normal perpetual and are broadly financed. Five are legally binding, subsidized by the Provincial School Board of Bataan and the Local School Board of Orani. The non-encouraging work force is made out of three (3) Department Heads, one (1) Disbursing Officer who are customary and perpetual and five (5) legally binding help faculty subsidized by the Provincial School Board of Bataan and Local School Board of Orani. All instructors breezed through the Professional Board Examination for Teachers (PBET) and Licensure Examination for Teachers (LET) with Master of Arts in progress and are showing their own major or field of specialization. The workforce, staff, understudies and guardians of this school are caring individuals, who share one vision and one strategic who consistently endeavor to make ONHS a mindful educational system in Orani where each student is Maka-Diyos, Maka-kalikasan, Maka-tao and Maka-Bansa; and make each understudy comprehend, do and appreciate what they have realized by being good examples. Their enlistment is being done physically by the recorder and when the enlistment start the enlistment center will make some hard memories to enlist the understudy in their present enlistment framework, they found that utilizing a manual procedure is difficult to deal with, for example, assortment of records like putting away, discovering, arranging and making sure about of records especially if this put away just in one room and in a constrained space. It will be a major problem for the recorder and the understudy when or if at any time their going to get information or data. In this new framework it will be simple for them to enlist and to get information or data from the recorder and furthermore empower the enlistment center to handily deliver data required by the various individuals in the school. 2. 3 Statement of the Problem 2. 4. 1 General Problem How to configuration, create and execute an Enrollment and Grades Management with Short Message Service System for Orani National High School that would support the enlistment and evaluating process? 2. 4. 2 Specific Problems * Difficult information control * The current method for enlistment and reviewing framework is tedious * There is no information recovery of lost record There is no standard configuration when printing of evaluations * Difficult parental updates of the understudies * Security 2. 4 Objective of the Study 2. 5. 3 General Objective To have the option to configuration, create and execute an Enrollment and Grades Management with Short Message Service System for Orani National High School. 2. 5. 4 Specific Objective * To build up a data framework that can control information precisely. * To build up a data framework that will reduce the remaining task at hand, time, human asset and gives accurateâ informationâ needed in a data framework. * To build up a framework that can ensure the records. The proposed framework will have a standard printing position for the information. * To build up a data framework that has parental updates. * For security reason. 2. 5 Significance of the Study Due to the expanding understudies of Orani National High School, this investigation helped the school with respect to their enlistment exchanges. The proposed framework intended to profit the school in their enlistment offices, for example, keeping up the records, evaluation of charges and particularly the enlistment itself. The proposed framework meant to profit the accompanying: The School The fundamental recipient of the investigation is Orani National High School. ONHS would adjust the new development of innovation through C# programming language that will make their work with ideal execution. The created framework will repay the defects and issues that the school is experiencing. Recorder with respect to the registrar’s office the proposed framework will help the school in keeping up the information of the understudies and the school won't utilize the manual information gathering. ONHS will simply need to check the database for the records required. Understudies The understudies will profit by methods for not making some hard memories in falling in line and trusting that their turn will enlist. Defenders The advocates would likewise be a recipient of the investigation since the defenders would esteem the significance of upgrading their abilities and work execution while getting a handle on information all through the examination. Future Researchers For the future analysts, this examination could be utilized for their reference in having an enlistment framework if the future scientists might want to plan a framework, for example, this. 2. 6 Scope and Limitation The framework will have the accompanying highlights: * File Management * Students Master List * Grades Management * Generation of Reports * Student’s records report * Student’s grades report * Enrollment Process SMS work * Security However, the framework will have the accompanying confinements: * Enrollment Reservation * The SMS work is just accessible just during class hours between 8:00 am to 5:00 pm. * The SMS work can't be utilized if the prepaid pack doesn’t have enough loads to send data. 2. 7 Concept ual Framework ONHS Enrollment and Grades Management with Short Message Service System Of Orani National High School ONHS Enrollment and Grades Management with Short Message Service System Of Orani National High School ONHS System Students Information Students Grades Announcements through SMS ONHS System Understudies Information Students Grades Announcements through SMS Students Information Users Information Students Grades Announcements through SMS Students Information Users Information Students Grades Announcements through SMS Output Input Process Figure 1. 1 Conceptual Frame Work 2. 8 Definition of Terms System-Any sorted out get together of assets and methods joined together and directed by cooperation or reliance to achieve a lot of explicit capacities. Programming  a assortment of PC programs and related information that give directions on instructing the PC and how to do it. Database-a framework planned to arrange, store and recover huge measure of information without any problem. Program-(likewise a product program) is a lot of directions written to play out a predetermined undertaking

Choosing Good Essay on Bank Related Topics

Choosing Good Essay on Bank Related Topics A conclusion is, without a doubt, the most essential portion of the argumentative essay as possible either support the fantastic impression or destroy it entirely. Because of this, you can want to think about a few topics before settling on the one which permits you to be more descriptive and entertaining. One other important element when picking a persuasive speech topic is to select a topic that could provoke your audience a little. Select a particular scenario and go with this. Short sentences have a bigger impact. Also, make sure to check at the word in a sentence to be mindful of the way it relates to other words. It is likewise very important to review words regularly. Select your words carefully. The secret is to choose a stimulating subject that will motivate you to search for more answers and hence you'll have the ability to think of an impressive essay. The important consideration to remember again is that you're not getting marked on the ideas themselves (so long as they answer the question) but the manner in which you present them regarding coherency, cohesion and grammar. Plastic surgery can create an ugly woman a gorgeous lady. Naturally, your explanation of the way to speak, act, and dress will differ for each scenario, and therefore don't attempt to compose an overall essay about making an excellent impression in every scenario. Facts, Fiction and Essay on Bank Related Topics Discrimination Mode' is included to take out the detection of unwanted metals like iron. When you haven't already mastered the process, it'll be tricky to learn and compose all at one time. Keep in mind both of these rules. Presently, a specific share of the nation's production, consumption, exports, imports, and income is determined by the decisions of international organizations or corporations beyond the state. Also, there are numerous sources of globalization that have made a profound effect on the world these days. The trade and commerce have a new life by the creation of huge industrial plants. Moreover, those who oppose globalization consider it like a type of neo-colonialism in the kind of comparative benefit. What's Actually Happening with Essay on Bank Related Topics Banking essays can be real fun to play with if you've got an exhaustive understanding about the discipline and have keen interest in writing, so should you believe that you cannot write decent banking essays than again you're erroneous. Childcare is also quite a marketable skill. Essay writing is a significant portion of the XAT Exam especially because it's conducted together with the most important exam. Writing an essay on globalization isn't an easy task with the plethora of available ideas! Cinematography is additionally a distinctive present of science. If you look at the newest IELTS writing topics, you will observe that most are quite general topics which should be relevant to the majority of countries. If you're reading an English newspaper, search for articles on the usual topics and highlight any excellent vocabulary. These topics may be used as they're written, or else they can be modified to suit the student's individual interests. There's also financing in the emerging international market for a topic for research. Moreover, a suitable Conclusion is needed. Get prepared to answer all these aspects if in the event you get this subject in the XAT Essay. Advantages and pitfalls of e-banking 11.

Challenges, Opportunities. Problems Analysis and Emerging Conflicts - Free Essay Example

Sample details Pages: 8 Words: 2475 Downloads: 1 Date added: 2017/06/26 Category Management Essay Type Research paper Did you like this example? Challenges, opportunities. Problems analysis and emerging conflicts: The case studies presented demonstrates several challenges and opportunities. The common ones are summarized in the below table for easy reference prior to elaboration. Common Challenges Opportunities Case I limited resources managing expectations managing change + small institute, potential growth + ability to select suitable track + exposure and qualifications Case II Case III Firstly, the limited resources can be referred at the rightful allocation of resources and the proper distribution of work load and duties among individuals. To illustrate, all three cases show a limited number of faculty members handling various functional tasks, including administrative, educational, researches, et cetera. Secondly, in managing expectations, leaders and managers respectively in each situation have failed to recognize the future aspiration of their staff, while they were mostly concerned in the pursuit of balancing between the needs and the expectations of their institutions. Thirdly, the most significant challenge can be traced to managing change in context. This is a crucial element, since it is a must-have attribute associated with being a leader and or a manager to be able to anticipate future change and being prepared with a contingent plan, as to cope with the unexpected and maintain a smooth and effective operation of the institute. On the other ha nd, opportunities can originate from different areas. To exemplify the cases, the first shows a new small faculty, the second refers to a newly established department, while the last is concerned with new mission. The à ¢Ã¢â€š ¬Ã‹Å"newà ¢Ã¢â€š ¬Ã¢â€ž ¢ situation proposed can therefore be associated with ample of opportunities, such as potential career growth, better income, increased experience and qualifications. Moreover, all the case provide in a way a choice for choosing a suitable track that fit individual goal, provide exposure and possible promotion. It is commonly known that problems occur when a gap exist between a required situation and the actual one, or when expectations have changed. Alternatively, problems often lead to conflicts that emanate from different expectations between individuals. In the first case, the problem occurred as a result of budget cut. This unexpected change, led the Associate Dean to reconsider his plan of recruiting additional faculty mem bers and invest in a fully equipped laboratory to enable researches and development. Subsequently, this change affected directly the junior faculty member, first since work-shedding for some of the tasks performed is no more an option, and by the lack of basic equipment needed to conduct her researches. These fact led to a conflict, since either she would have to compromise and sacrifice her own private time to obtain the promotion she aims or she might lose her job. While in the second case, the problem took place when a faculty member was transferred to a new department and under a less cooperative, less guiding department head. The faculty member had collaborated and contributed to the overall mission of faculty in studies and publications, but her new manager did not recognize her efforts and instead accounted her for what her job description. The conflict aroused when the faculty member was subject to either succumb to pressure of new role or resign from her post. As for the third case, the problem originates as a result of large-scale change in faculty mission, to focus on practice dentistry to generate income and reduce costs. This fact has led to a perception of inequality in compensation between the two teams; tenure tack and clinical track faculty members. Conflicts emerged when tenure members believed that their counterparts would benefit more from this new approach considering that they are limited to one day in practice, while the clinical member complained about the lower base salary and the less flexible hours in comparison. Case studiesà ¢Ã¢â€š ¬Ã¢â€ž ¢ central issues and relevant management concepts: (Word count: 964 without headings) To better comprehend each case, it is essential to analyze and identify the related central issues prior to identifying a management theory that could be applied and or assist for each context Referring to case I à ¢Ã¢â€š ¬Ã¢â‚¬Å" à ¢Ã¢â€š ¬Ã…“the frustrated faculty memberà ¢Ã¢â€š ¬Ã‚ , the main issue dwell in managing resources, in particular the human element. Peter Drucker (2004) suggests that effective managers will follow certain practices, such as à ¢Ã¢â€š ¬Ã‹Å"what is right for the enterpriseà ¢Ã¢â€š ¬Ã¢â€ž ¢. This fact is visible since both the dean and his associate did their best to get in hold of Dr. Orsten à ¢Ã¢â€š ¬Ã¢â‚¬Å" a periodontist, which is considered as scarce resource for the faculty. However, this is not sufficient. An institute that faces shortage in faculty members shall consider effective ways in developing their staff. Many techniques are presented in this regards, including mentoring, motivating and performance counseling. Retrieved from the Journal of Dental Education, Kotter presented certain complementary activities associated with management includes recruiting, allocating resources and coping with complexity. Apparently, the dean and his associate have succeeded in recruiting, but they failed on other counts such as mentor ing. Alternatively, what seems to be a drawback in leadership here, may in fact be related to other factors. Rosemary Stewart (1982) suggested that in certain context, managers effectiveness may reside on key factors, and this case, the constraints imposed on Dr. Hightower by the resource limitations and perhaps the legal regulations pertaining the promotion committee and requirement for tenure, did not leave room for negotiations and forced their behavior that way. This can be confirmed by his sympathy towards to Dr. Orsten and his appreciation to her work performance through the given bonus. à ¢Ã¢â€š ¬Ã‚ ¦ As for case II à ¢Ã¢â€š ¬Ã¢â‚¬Å" à ¢Ã¢â€š ¬Ã…“the misdirected faculty memberà ¢Ã¢â€š ¬Ã‚  the central issue stems from lack of communication between the Dean and the different departmentsà ¢Ã¢â€š ¬Ã¢â€ž ¢ Chairs. The lack of discussion and feedback among them may have resulted in an unnoticed conflict. For example, the direction of the deanship towards more rese arches and studies, was not communicated across the board and notably did not obtain feedback from all participants. Instead, they may have used existing skills of some members without considering their future aspirations. Supplemented with further internal re-shuffle of faculty members, both facts have led to a different expectations, and lack of compatibility. Dr. Forester à ¢Ã¢â€š ¬Ã¢â‚¬Å" a motivated member, has had to struggle to obtain guidance from the head of the newly established department where she was transferred at. This fact had spilled its impact on de-motivation. Thus, during the process of reengineering tasks between tenure and the clinical, and the changes in faculty bylaws, none have considered the impact for such a change. One way that could have helped the leaders and managers to identify such a conflict, could have been attained trough a proper feedback of all involved and the expectancy theory. The course study materials suggest that when app raising a subordinate, a manager should not only provide feedback, but also consider receiving feedback. Perhaps that what Dr. Marino failed to do, irrespective of whether he had load of other duties. Moreover, the failure to understand the individual and provide a constructive feedback, has meant that the appraisal of Dr. Forester led to a destructive feedback. As a result, Dr. Forester who had high expectations for promotion and motivated by her contribution to the school is now left wondering whether to remain or leave the school. à ¢Ã¢â€š ¬Ã‚ ¦ As for the case of the faculty stuck in the middle, the fundamental issue is how to address conflicts when dealing with limited resources create a conflict between individuals and different groups of faculty members. To start with, the new direction of the deanship as to focus on income generating centers, that is the clinical practice whereby additional income may be generated, and reducing expenses may sound crystal clear. How ever, this decision as the case implies was neither communicated nor transparently conveyed to all stakeholders , in specific all faculty members regardless of their track. This major flaw in Leadership and management is the source of rift that created the conflicts between the school faculty members. To epitomize, the new strategy proposed stirred up the differences between the tenure and clinical tracks members. On one hand, those in tenure found their counterpart would more benefit from incentives from the practice of dentistry, while themselves are imposed limitations for one day practice. On the other side, the clinical members raised the issue of compensation gap between both tracks, and the less flexible weekly schedule. The perception of unfair practice could have been avoided, if for example the leadership encouraged open communication, being transparent about the reason of change, and encourage all members to discuss freely among them. Instead, they have list ened to each individually. Hence, what appeared to be a positive conflict, that is enabling recruitment of clinical track at low base salary with higher incentives from practice, have resulted in negative conflict by the different perception of inequality that both team have held on each other. Addressing these conflicts after its occurrence, may be harder and perhaps a better way to avoid it was to accommodate it as the case study showed that Dr. Middleman had nothing to offer except to listening- that is accommodating à ¢Ã¢â€š ¬Ã¢â‚¬Å" and was forced to deal with non-cooperative team, and a vacant position in his department. In similar situations, literature suggests that dealing with complexity and managing conflicts, require finding a resolution and a compromise. This can be achieved through negotiation. It involves joining people together, agree on a fair solution à ¢Ã¢â€š ¬Ã¢â‚¬Å" à ¢Ã¢â€š ¬Ã‹Å"holding the stick in the middleà ¢Ã¢â€š ¬Ã¢â€ž ¢, make concessions and achieve compromises on both sides. Action alternatives and proposed recommendations: (word count: 650- without heading) The action alternatives proposed in Case I, an à ¢Ã¢â€š ¬Ã‹Å"up or outà ¢Ã¢â€š ¬Ã¢â€ž ¢ option cannot be the right approach. To justify the statement, we shall consider different assumptions: If Dr. Orsten, unable to cope with responsibilities, did not allocate further time to pursue requirements, demonstrate skills needed for promotion, therefore she would fail to qualify for the tenure, hence forced to go out. Moreover, if Dr. Langley with no intention to continue at the new school, also left upon his contract expiry, the result would be catastrophic. Reason is the shortage of periodontist. A better approach to overcome this negative situation would consider different ways in which the deanship may conserve their human assets. Dr. Hightower could re-negotiate an incentive plan, alleviate and balance teaching tasks. Consequently shreddin g some obligations from the frustrated member. This would enable better time management and allow opting for researches and publications. As a matter of fact, setting direction is the essence of Leadership besides aligning people, motivating and inspiring them. Accordingly, these clues could lead to a favorable situation. à ¢Ã¢â€š ¬Ã‚ ¦ From what has been advanced in Case II, Dr. Forester is set to work after hours to attain excessive requirements of the new department, obtain a positive performance review and gain a promotion. Giving no options may not be the best solution. Simply because what has worked for Dr. Marino may not work for Dr. Forester, i.e. due to her personal family situation, she might not be able to commit to additional late night working hours. A better approach to tackle the situation, is reconsidering other clinical members who may willingly be interested in this department, and match the traits of Dr. Marino, i.e. sharp with no familial obliga tions. Moreover, exploit Dr. Foresterà ¢Ã¢â€š ¬Ã¢â€ž ¢s capabilities and skills that was found useful and needed in restorative department. The focus here will be on keeping all staff motivated, feeling secure and appreciated. One way to measure effectiveness of the Leaders is how well they manage to ensure harmony among their staff while maintaining the direction towards achieving objectives derived from the mission. à ¢Ã¢â€š ¬Ã‚ ¦ When reviewing case III, addressing limited resources via proposal of recruiting clinical members at lower salary base with higher incentive plan for dentistry practice, may not yield to wishful result. This has created conflicts between different groups. Accordingly, consequences could be catastrophic if a contingency plan is not initiated to contain this rift. An alternative approach is to consider what explicitly was mentioned within case abstract, à ¢Ã¢â€š ¬Ã¢â‚¬Å" à ¢Ã¢â€š ¬Ã‹Å"having transparent, open communication and confronta tionà ¢Ã¢â€š ¬Ã¢â€ž ¢ but under the leadership guidance. Instead of avoidance, the best strategy could be a collaborative approach. By transparently considering the whole package of benefits in front of all concerned, considering all factors such as years of tenure and experiences as well as other benefits openly would help bridging the gap and perhaps reaching agreement on sharing incentives adequately between tracks. In short, the school would need both team to achieve its mission. Subsequently, it needs to address incentive sharing generated by the additional income, then flexibility given to both parties, which would lead to a perception of equality. Furthermore, the committee should include an equal ratio from both sides. Conclusions list with explanation: (word count 310 à ¢Ã¢â€š ¬Ã¢â‚¬Å" excluding headings) To manage people requires more than aligning interests of individuals with the faculty expectations. Empathy and financial motivation are not conclusive in d ealing with change. Additionally, changes are part of our daily life and successful leaders shall always consider all possibilities and not be limited to what is set. In fact, the simple scheme of management skill as presented by Robert L. Katz (1986), include a related part of conceptual skills, and involves visualizing the enterprise as a whole. That is considering the relationships between its various parts, understand interdependence of human asset and recognizes that changes in once part impact other parts. Furthermore, when managing a new department implies transferring human resource, it is very essential to understand individualsà ¢Ã¢â€š ¬Ã¢â€ž ¢ career expectancy, obtain feedback from their previous superior and set a clear direction to them before they move onto their new role. Failing to do so, could result in losing a well performing member, and denying opportunities for those who may be well suited for new positions. In other words, there must be an analysis o f all potential candidates that specifically fit the required job, but not making a transfer without considering consequences that result in negative conflicts among participants, as implied in case II. Finally, in order to manage a limited resource, good leaders shall consider the potential impacts of their proposed solution on all parts of the institute. An ideal change, is a solution that serve the immediate problem and have positive impact on the overall organization. Hence, a solution has to consider the different stakeholders. In other words. not only the interest of the university to be looked at alone, but also the interests of all members including the clinical and tenure track faculty members. Only then, conflicts can be avoided and potential threats from mass exodus can be eradicated, as it was demonstrated in case III. (à ¢Ã¢â€š ¬Ã‚ ¦) Reference list: Comer, Robert W. et al (2002) à ¢Ã¢â€š ¬Ã‹Å"Leadership Strategies for Department Chairs and Program Dire ctors: A case Study Approachà ¢Ã¢â€š ¬Ã¢â€ž ¢, Journal of Dental Education, vol. 66, no. 4 Drucker, Peter F. (2004) à ¢Ã¢â€š ¬Ã‹Å"What makes a good executive?à ¢Ã¢â€š ¬Ã¢â€ž ¢, Harvard Business Review, pp. 58-63 Katz, R. (1986) à ¢Ã¢â€š ¬Ã‹Å"Skills of an effective administratorà ¢Ã¢â€š ¬Ã¢â€ž ¢, Harvard Business Review, March/ April, vol. 64, issue 2, p. 198 Kotter, J.P. (1999) à ¢Ã¢â€š ¬Ã‹Å" What effective general managers really doà ¢Ã¢â€š ¬Ã¢â€ž ¢, Harvard Business Review, March/ April, vol. 77, issue 2, pp. 145-59. Don’t waste time! Our writers will create an original "Challenges, Opportunities. Problems Analysis and Emerging Conflicts" essay for you Create order

Net Present Value and Salvage Value - 1144 Words

------------------------------------------------- FINC5001 Capital Market and Corporate Finance ------------------------------------------------- Workshop 5 – Capital Budgeting II 1. Basic Concepts Review a) In applying Net Present Value, what factors do we include, and what factors do we ignore? Use cash flows not accounting income Ignore * sunk costs * financing costs Include * opportunity costs * side effects * working capital * taxation * inflation 2. Practice Questions a) After spending $3 million on research, Better Mousetraps has developed a new trap. The project requires an initial investment in plant and equipment of $6 million. This investment will be depreciated†¦show more content†¦At present the company owns and operates the Black Pearl as its main ship but is considering replacing it with a new ship called the Flying Dutchman, a much larger vessel. The CEO of EITC Ltd, Mr Cutler Beckett, has appointed you to evaluate the proposal for the Board. If the Board decides to go ahead with the project the Black Pearl will be immediately sold and replaced by the Flying Dutchman. The Flying Dutchman would then operate for 5 years. Last year EITC Ltd commissioned the consulting group Swan and Co. to evaluate the potential of the new vessel. This report cost $500,000 and was delivered last month. The finance department of EITC used the findings of that report to provide you with the following information about the two vessels: Black Pearl 1. Original purchase price: $15 million 2. Years since the purchase: 5 years 3. Depreciation rate: 15% per year 4. Salvage value this year: $2 million 5. Salvage value in 5 years: $300,000 6. Revenue each year: $6.5 million 7. Operating costs each year: $4.2 million Flying Dutchman 1. Purchase price this year: $18 million 2. Depreciation rate: 12.5% per year 3. Estimated salvage value in 5 years: $10 million 4. Revenue each year: $10.8 million 5. 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Pregnant as a Teenager Essay Example For Students

Pregnant as a Teenager Essay My name is Kathy and I would like to tell you a story of my life and how one night of fun changed it forever. It is a true story of my rough teen years, the choices I made and the consequence I paid because of these choices. First I want to tell you that all these statistics that you see about how nineteen percent of all United States births were to teens, how one million teens become pregnant each year, and more than five hundred and thirty thousand of them do give birth; this my friends is not a lie. I am one of those to statistics as a matter of fact. I am one of those million teens that thought it could never happen to them but later found out that I had thought wrong. When I was eleven years old my parents split and I was highly set off by this. My life went down hill from here. My grades fell, and I began making decisions that I will regret for the rest of my life. When I made it into high school I began exploring myself somewhat and met a guy who I thought I was in love with. Having set sail with the new love I thought I had found little did I know there was an awful storm waiting in my path. Our relationship became physical very quickly and like many teens I had the Itll never happen to me syndrome. We began sleeping around. I was never home. I was either out with my man or hanging out with my friends who were not a good influence on me at all. You are who you hang out with, they say. By the fifth month of our relationship, I was pregnant. My mother and I were both devastated. My boyfriend and I married but by eighteen months time he was gone. After finding out the news of my pregnancy, I had many decisions and responsibilities to make and fulfill. The most important decision I had to make was weather or not I wanted to have this baby. I had never read much about abortion but had a gut feeling that I could not bring myself to take the life of a child. I went to the library and read up on abortion. There were two types of abortion, medical and surgical. Medical abortion is done by taking medications that will end pregnancy, while surgical abortion ends pregnancy by emptying the uterus with special instruments. The more I read about this sad topic the more I told myself that I could not do this to this child or myself. I knew that if I did take this life that I could never live with decision and would regret it for the rest of my life. I was going to go through with it. I will have this baby and love and care for it as best I can. I told myself that it could not be that hard. I knew that teenage mothers were more at risk of pregnancy complications such as premature or prolonged labor, anemia and high blood pressure. The doctor told me that I must eat healthy and that I must refrain from smoking, consuming alcohol or taking drugs, or my baby would be at risk of being born with major health problems. Days went by and it was getting closer to my babies birth date. All I could think about was how uncomfortable I felt and how ugly those stretch marks were gonna be after I got through this pregnancy. She ended up coming two weeks early which scared me because teen babies are pruned to be premature and have a low birth weight. This may have meant that Cassis organs were not fully developed and that she was forty percent less likely to live than a baby with normal weight. This was not the case with my beautiful Cassi. She was born and was, for the most part, healthy. As a mother, school is the only activity I had with my friends. When the last bell rings, I must go straight home to Cassi who stays with my moth er during the school day. One in three teen mothers end up dropping out of high school and if it wasnt for my mother, I may have had to do the same. My friends stand in the hall after the bell rings and discuss their plans for the evening. But I, I had to return to my routine day of going home and sitting with Cassi and watching television, occasionally getting up for a bottle or to change her diaper. Cassi had changed the priorities in my life. My concerns used to be with what I was going to do with my friends, but now when friends drop by spontaneously and talk about going to a football game, I remind them that I have a baby now. I was unable to live the typical life of a junior in high school, unable to play sports, hang out, or just be a teenager. I hear all these kids at school saying that they want a baby of their own. I think to myself they must believe that by having a baby they will either have someone to love them feel they will have a secured type of future, or will get m any financial benefits from the government. Sure you do get many benefits from the government but it is still not worth it. Trying to be an adult before I have been a teenager has been an awakening experience for me. I look older now with stretch marks on my body from the pregnancy. I do love Cassi more than anything in the world, I just wish I had waited until I was married with a complete education before I had her. I n closing I will tell you that I am a living example of a teenagers life that was not fulfilled because of one simple decision. Please know that it can happen to you. Dont be one of the one million teens that got pregnant at an innocent age and threw her childhood away. If you have already become impregnated then please know that you are not alone. I understand your fears and pains. Listen to what your parents and teachers have to say. New life is great but it needs to be with the right person at the right time. Please learn from my mistake. Say no!