...THE FOLLOWING IS AN ENCLOSED CONTRACT FOR EACH TEAM MEMBER TO READ, UNDERSTAND, AND AGREE WITH THE TERMS BELOW: 1. EXPECTATIONS, 1. Respect is required from each team member 2. Good communication/listening skills 3. Team members are responsible/committed to the team 4. High quality work is applicable 5. Members should come to the meetings with their portion of the work completed 6. Work must be handed in on time 7. Each team member is required to check their EMU e-mail account daily; highly recommended around the time group assignments are given/due Time is of the essence for the completion of the work described in this contract. It is anticipated by each member that all work described herein will be completed within the date of execution, and that any delay in the completion of the work described herein shall constitute as a breach of this contract. 2. CONTRACT TERM, A. Description The “Term” is defined as including each of the following: i. The purpose of this is contract is to insure that each member knows his/her rights as a member of the team ii. Also, to ensure each member has an active duty in contributing to completing each team assignment B. Role of each member iii. You acknowledge and accept full responsibility of your duty iv. Please initial where is applicable: _______ 1. Leadership _______ 2. Writer/Editor _______ 3. Researcher ...
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...the Board of Directors should take in response to allegations of possible fraud or illegal acts are that they should pay extra attention to transactions, accounts, issues, or situations that could indicate fraudulent behavior or illegal acts. When they are more aware of information that could lead to a fraud discoveries or illegal acts they should determine if fraud or illegal acts are possible. The next step is to see if possible fraud and illegal acts might materially affect the company. Then, they should develop a plan to test more controls and investigate further into any tips received on the company’s fraud hotline. Finally, they should determine what effects that this has on their audit. What steps should the audit engagement team take in response to allegations of possible fraud or illegal acts? According to the U.S....
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...approachable person is. Of course, it may be a case that the existing shareholders / management have approached you with a view to considering an MBO (considering an exit?). In the extreme case if you approach the wrong person they immediately may regard you as a threat and this could have consequences for your existing position. STEP 3 - First Approaches and Completion of Confidentiality Agreements In order for you to be able to talk to your professional advisors, the target company will require you to sign a confidentiality agreement so certain information can be released to your professional advisors and yourself. STEP 4 - Deciding on the MBO Team Generally, MBO's are driven by one to two senior management. An important part of the process which we will assist you in is to try to determine what other key members of the management team you should include. The seller will generally appoint their own advisors to assist them in the negotiations. The possible negative effects of not choosing certain members will have to be examined and the split of shareholding between the management team will have to be agreed. It is probably best for the main drivers of the MBO to go as far down the process as possible before introducing other key members of management. STEP 5 -...
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...The Abilene Paradox in an organization It was a day like all the others in a banks’ branch, when the manager realised that in the strong room was not enough money to serve the clients for a whole day because it happened to be the end of the month, and lots of funds were going out. The problem was that if he ordered money that actual moment, the security could only bring them to the branch the next day. So he suggested, that the assistant branch manager goes to the nearest branch of the bank to bring money. The assistant branch manager agreed and he went to bring the money. The other employees at the branch that were hearing the conversation did not say anything so one would suppose that silently they were agreeing. Main purpose of these team members was to serve the clients as best as they could and not seem unprepared to the CEO and have troubles of not ordering the money on time. When the assistant branch manager returned with the money a phone call from the main offices upset the group. The CEO of the bank called, really frustrated for the initiative the branch employees took because they weren’t following the policies of the bank and the action they took was not at all secured. He was really angry of the situation and the high risk the employees took of losing the money and he threatened with punishment. The end of the telephone conversation was the starting point for the blaming and faulting behaviour between the members of the group, a basic symptom of an organization...
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...Management tips: A productive meeting Dr. K. Kuhathasan CEO: Cenlead Whether the meeting is conducted electronically or conventionally, its success depends largely on how effective the leader is. If the leader is prepared and has selected the participants carefully, the meeting will generally be productive. The meeting leader is the person most responsible for keeping the ball rolling. If you're the leader, avoid being a dominator, but don't be so passive that you lose control of the group. If the discussion lags, call on those who have not been heard from. Pace the presentation and discussion so you will have time to complete the agenda. As time begins to run out, interrupt the discussion and summarize what has been accomplished. Another leadership task is either to arrange for someone to record the proceedings or to ask a participant to take notes during the meeting. As the leader, you are also expected to follow the agenda; participants have prepared for the meeting on the basis of the announced agenda. However, don't be rigid. Allow enough time for discussion and give people a chance to raise related issues. If you cut off discussion too quickly or limit the subject too narrowly, no real consensus can emerge. As the meeting gets under way, you will discover that some participants are too quiet, others too talkative. To draw out the shy types, ask for their input on issues that particularly pertain to them. You might say something like "Sunil, you've done a lot of work in this...
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...all of the major scientific journals, including Nature and Science. In 2004, Hotamisligil was able to demonstrate that excess fat, by itself can cause stress signals and medical problems. In the field of metabolic health and disease it is clear that Hotamisligil has played an extremely important role in its development, with his numerous contributions and many publications in the field. Since starting his career back in the 80s he helped to shape the modern view of metabolic health and took important steps towards understanding underlying causes of Type 2 diabetes and metabolic disease. 2. The agreements between Syndexa and Harvard were complex because the agreements required exemptions to many of Harvard’s internal policies and issues on conflicts of interest. Although both Harvard and Syndexa recognized that a simultaneous execution of a license and sponsored research agreement was necessary. The negotiations between Syndexa and Harvard was not atypical,...
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...Assignment 1: Consensual Relationship Agreements Case Study Due Week 3 and worth 100 points Read the Consensual Relationship Agreements case study located in Chapter 2. In Questions 1 and 2, focus on non-ethical ramifications (save any discussion of ethics for Question 3). Write a six to eight (6-8) page paper in which you: • Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions. • Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length. On the Written Assignment, "Consensual Relationship Agreements"; it's due this week Sunday, October 28th, by 11:59PM. Remember also to be sure to proofread your paper thoroughly because for each typographical mistake, incomplete sentence, or non-response to the assignment questions, points will be deducted. In addition, APA formatting has to be used which certainly includes in-text citations and a Reference page; check the Resource Center for an example of APA guidelines. Finally, once the paper is submitted, that will represent the final grade for the assignment; there are no-resubmissions allowed. Organizational Behavior Perceptions & Attributes by Tara Duggan, Demand Media http://smallbusiness...
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...* Negotiations * “The perfect negotiation” * Phase 1-Preparation * Decide what you want and prioritize your wants -High importance: those you must get if you are to agree at all. -Medium: those that you would prefer to attain, but are not critical -Low: those that you would like to attain, but would not let them jeopardize the deal Assign ranges of possible values to each want Ex: 100-150 euros or “will deliver by Friday” * Phase 1- Preparation Issues Wants Importance Entry Exit Problems your ideal high, med, low should be walk reasonable away * CHECKLIST FOR PREPARATION 1. What are the negotiable issues? 2. What do you want for each? 3. Rank each by it’s importance to you * -High absolutely critical – certain or no deal * -Medium – important but not critical * -Low – like to achieve but would not sacrifice the deal if not obtained 4. What are your entry and exit limits? 5. Entry terms should be reasonable 6. Exit terms are your “walking away” positions 7. All prepared positions could be revised if circumstances suggest changes are advisable * Phase 2-Discovery -Ask open ended questions “How’s business?” “What do you hope to get out of today’s negotiation?” -Listen for clues to what they really want, take notes, the more they talk the better -What criterion are you using? What are your priorities? How do you calculate those numbers? How do you feel about...
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...SolvGen Inc. entered into a five-year research and development agreement with Careway Pharma Inc. In connection with executing the research and development arrangement, SolvGen and Careway also entered into a five-year license and distribution agreement. Under the terms of the research and development agreement, SolvGen retains all intellectual rights to the results and is entitled to the following five nonrefundable milestone payments from Careway: 1. Exclusive negotiation payment — $1 million (paid December 1, 2005). 2. Contract signing payment — $2 million (paid January 1, 2006). 3. Commercial launch of instrument system Version 1 — $5 million (paid March 31, 2006, upon commercial launch of the instrument system). 4. Commercial launch of instrument system Version 2 — $5 million (not yet paid). 5. Commercial launch of instrument system Version 3 — $5 million (not yet paid). Under the license and distribution agreement, Careway will have the right to market and distribute the proprietary instrument systems. Careway is required to pay SolvGen for each proprietary instrument system as it is purchased by Careway. SolvGen recognizes the nonrefundable milestone payments when the payments are received over the remaining estimated contractual life of the agreements. Based on an evaluation of the circumstances, there are two deliverables in this arrangement that should be considered for separation: a. A license and distribution deliverable b. A research...
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...Corporate leaders today report feeling that they must consistently barter to extract complicated agreements from people with power over industries or individual careers. Sensing that theyre in continuing danger makes them want to act fast, project control ( even if they do not have any ), depend on duress, and defuse stress at any cost. The end result could be a compromise that fails to address the real problem or opportunity, raised resistance from the opposite side that makes agreement very unlikely, antagonism that sours future talks, a failure to develop relations based primarily on mutual respect and trust, or an agreement that creates great exposure to future risk. To avoid these risks, corporate executives can apply the same strategies used by well-trained military officials in hot spots like Afghanistan and Iraq. Those in fundamentalist negotiators angle for others perspectives, propose multiple solutions and invite their counterparts to critique them, use facts and elements of fairness to persuade the other side, methodically build up trust and commitments over the course of time and take steps to reform the negotiation process as well as the result. Get The Big Picture Avoid Presuming you have all of the facts : look, its plain that. presuming the other side is biased but youre no assuming the other sides inducements and aspirations are obvious and doubtless nefarious Instead Be curious : help me know how you see the situation. Be humble : what do I have...
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...In “I Spy” several themes can be discovered. However, the theme which our group noticed right away was the “Parent-child-relationship” and more specifically the “Father-son-relationship”. In the very beginning of the text we are told that the boy does not like his father (notice p. 534, lines 22-25) Several times in the short story it is outlined that Charlie is actually terrified of him. In contrary to this he adores his mother (see page 534, lines 25-27). Not until the father is taken away Charlie feels that he loves him (537 bottom). In our group we believe that this sudden feeling of love for the father is due to Charlie wanting his mother to himself. When talking about this with the other groups it led to a discussion whether or not this is a picture [jk4] of Freud’s Oedipus complex. Some did not agree on this since the complex occurs much earlier in life. Besides this some argued that Oedipus did not know his parents which Charlie does. But since Freud was just showing the main idea of the myth instead of using it literary,[jk5] the claim that the short story is also about “Freud’s Family Romance” is still supported. The fact that Freud was becoming very popular in England at that time could furthermore speak for this being the right interpretation. Therefore some agreed that Charlie could just be in the middle of an unsolved Oedipus complex. Another theme within the short story could be manhood. This theme is, however, slightly connected with the abovementioned...
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...Meeting held on the 20th of August 2015 Attended: Junior, Vijen, Ashley, AKA Joe, PV, Jackie and Inam 1 Trustees to assist 2 Nothing we agreed on gets done 3 Eton close and Ille De Capri should have a common guard at the entrance 4 Gate next to the skipper should be fitted by tomorrow 5 Quotes require for about 8 wireless cameras 6 Urgent plumbing should be sorted out urgently 7 Need to follow up on the roof leak at Unit 46 8 Need to get the agreement between Eton close and Ille De Capri for the use of Ille De Capri’s entrance 9 Speak to Eton close about installing boom gates 10 Sticker system should be in place by the 01/09/2015 11 We all must speak less, think more and not make accusations 12 We all should send emails to Inam to send a weekly email to Garreth, Garreth should give feedback within 7 days 13 Residents to speak to Jackie with issues, Jackie to contact Garreth, Garreth to mail the trustees 14 Cutting of electricity should be implemented, notice should be served to the owner before cutting. 15 Last agreement between ADT and Ille De Capri required 16 when having parties at the Lapa only a certain amount of people should be allowed. Once visitors parking is full visitors need to park outside the complex. If the lapa is not cleaned after a party the owner will be liable for the cost of cleaning. 17 Trustees to focus on their portfolios, other there are welcome to give...
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...German. The buyer makes it clear that he was not an expert on German paintings; although the seller should examine the painting himself before putting the painting up for sale. The buyer brought the painting which later on turned out to be forgery which is in fact illegal. The court of appeal held that he could not cover his purchase price from the seller since he had not relied on the description in making the purchase; therefore, it was a misleading sale by the description. Consumer credit acts 1974 and 2006 This act applies to businesses that give money or offer goods and services on credit; these kind of organisations need to be licensed by the Office of Fair Trading. This act regulates how their advertising must be done, credit agreements and all other...
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...Garima Sharma has quite some experience in terms of handling relationships : she was the head of human resources at Norton Network for 10 years before joining Ferro, and has been entrusted by her husband to organize Metal Star's representative, Sheikh Yusuf's trip to India to inspect the product he coveted. We believe her decision to release the shipment was a wise one for many reasons. First of all, 45% of Ferro's revenues come from foreign operations, 5 of the top 10 Ferro's clients are foreign, and although Metal Star isn't one of them, it cannot be ignored as the company had agreed to buy 6 machines for 10 million INR. Plus, with both the domestic and foreign competition that can offer pretty much the same high-quality machines at lower prices, Ferro needs every deal they can strike in order to manage to get the company through with its investment plan and get up to speed in terms of cutting-edge technology. In a nutshell, Ferro needs to find a solution which satisfies both parties. Garima is known to have a good and quick understanding of people's traits, which makes her able to offer customized treatments to her clients, even during turmoiled times (i.e payment crisis with Sheikh Yusuf). And this is exactly what she has done by finally agreeing to split the demurrages between Ferro and Metal Star before eventually releasing the machines to Yusuf, in hope of receiving payment. I don't think there would have been any better solution, as some other ways have already...
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...Dankers Our first meeting took place on the 20th of Febuary 2013. We discussed what parts each of us were doing and scheduled the tasks each of us have to complete. We are going to try and do most of the project as a group so that we agree with each other. We plan to meet twice a week to discuss our plans. Week 1 | March 4st-8th | Choose our particular operations model that best suits Dankers. | Week 2 | March 11th-15th | We will meet up and discuss the work and research we have all carried out. | Week 3 | March 18th-22nd | We will begin to combine and collect our information and start to build the plan. | Week 4 | March 25th-29th | At this stage we hope to have completed the plan giving us time before the due date. | We have divided the parts equally into the following parts: X will research different operations models, using course concepts and ACS. X will look at customers perspective and what would best suit them. X is going to look at market expectations and research what would be the best way for Dankers to forward into their new venture. Challenges: Some challenges that we might face is agreeing on the plan that best suits Dankers. This is why we have agreed to meet twice a week so that we all agree with each member is putting into the plan. We do have a due date so we have made a timetable that will make sure we have it done on...
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