(Stewart, 2009). The multi-factor test takes into account certain criteria’s and facts to determine whether a person is an Employee or Independent contractor . This facts fall into 3 main category namely behavioral control, financial control and type of relationship (Megerdomian, n.d). Behavioral control relate to the amount and nature of control exercised by the employer on worker. Financial control involves the type of remuneration and investments by either party. And the type of relationship is
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existence. It is relevant for the Coase theorem as well as to other legal issues. There is some, but not much, overlap between this topic and the topic of default rules. 6. Economic Analysis of Default Rules (jus dispositivum) Students may focus on contract default rules, or extend the topic to default rules in other legal spheres. Since Ayres & Gertner’s seminal paper, there is much
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Huawei boundaries through TCE approach History The history of Transactional Cost of Economics (TCE) has its roots somewhere during the second world’s war, when Coase (1937) was trying to find some practical explanations related to the economic theory existing at that time. The differences between the perception of a firm or company and its correspondence in the real world have been assessed, making an empirical analysis of possible attributes that can influence their development
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resources and higher experatise. Firms are driven to acquire IT outsourcing services because they expect these specialized firms to provide efficient services which lead to cost saving and increase in profit. However, only half of IT outsourcing contracts has delivered results as promised. In this research a conceptual framework is presented and tested to reveal the relationship between IT outsourcing risk factors and negative outcomes that occur from IT outsourcing. The result concluded that
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The following case represents a realistic situation facing construction firm that has just won a competitive contract. The realistic conditions complicating the project are described in detail, as are the alternatives offered by the staff for dealing with these complexities. Case The Sharon Construction Corporation The Sharon Construction Corporation has been awarded a contract for the construction of a 20,000-seat stadium. The construction must start by February 15 and be completed within
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Table of Content Title Page Background Introduction Rational Objectives Methodology Literature Review Limitations Analysis Recommendation Conclusion Reference Appendix Profile Unique Consulting Company Consulting Services (1994) Website-www.uniqueCC.org.com Address: 119 Street West Kill Road Kingston 10 Unique Consulting Company is a Jamaican management consulting firm that focuses on solving issues of concern to senior management. Unique
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Critically comment on the transaction cost based theory of Construction procurement and evaluate its potential as a practical tool in the Selection of procurement systems Abstract This term paper will provide comprehensive reviews on the entire literature involving transaction cost economics (TCE) in construction procurement. It will also critically describe the transaction cost based theory of construction procurement and also give an evaluation of its potential as a critical tool in the
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Gym By STEFANO DELLAVIGNA AND ULRIKE MALMENDIER* How do consumers choose from a menu of contracts? We analyze a novel dataset from three U.S. health clubs with information on both the contractual choice and the day-to-day attendance decisions of 7,752 members over three years. The observed consumer behavior is difficult to reconcile with standard preferences and beliefs. First, members who choose a contract with a flat monthly fee of over $70 attend on average 4.3 times per month. They pay a price
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records kept. When the decision is finalized, it needs to be communicated to the person to whom the offer of employment is to be made and to the unsuccessful candidates. Many managers do not realize that the verbal offer constitutes a legal binding contract, so care and attention needs to be given to its form and content. Similarly the way in which the decision is communicated to the unsuccessful candidates needs consideration. Without due care and attention, damage can be caused and grounds given for
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See discussions, stats, and author profiles for this publication at: https://www.researchgate.net/publication/235266981 International business and finance scholarship ARTICLE in RESEARCH IN GLOBAL STRATEGIC MANAGEMENT · JUNE 2008 DOI: 10.1016/S1064-4857(08)00001-6 CITATION READS 1 11 1 AUTHOR: Raj Aggarwal University of Akron 203 PUBLICATIONS 1,943 CITATIONS SEE PROFILE Available from: Raj Aggarwal Retrieved on: 23 February 2016 INTERNATIONAL BUSINESS AND FINANCE SCHOLARSHIP Raj Aggarwal
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