cigarette market with a pack of new brands: Kurush Grant, Executive Director Writankar Mukherjee, ET Bureau Aug 28, 2012, 06.18AM IST * (ITC Executive Director…) It is not common for an ITC top executive to talk about the FMCG-to-hospitality major's largest revenue generator, the cigarette business. However, ITC Executive Director Kurush Grant-who oversees its FMCG businesses including cigarettes and is one of the three directors who are considered frontrunners to succeed YC Deveshwar as ITC chairman-says
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contacted the director of Acre Woods, Mark Adams, with concerns that the pool did not meet some important specifications included in the original design, such as nonslip treads on the stairs and improved wheelchair access to the pool area. Mark advised Sarah that the residents would be happy to have a pool, even if it did not incorporate all the requested special features. When Sarah asked why the new ramp and stair treads were not provided even though they were included in the budget, the director remarked
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the board of directors of XTO breached its fiduciary duties. What are the fiduciary duties of the board? Identify the duties allegedly violated in the XTO case. Do you think the board acted in accordance with a shareholder or stewardship perspective? The fiduciary duties of the board are to act with loyalty in the best interests of the corporation and shareholders and make independent judgments. The duties that were allegedly violated in the XTO cases were the XTO board of directors agreed to sell
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Sons Australia, Ltd 2013 Chapter 2 –Ethics, legal liability and client acceptance REVIEW QUESTIONS 2.11 Explain how compliance with each of the five fundamental principles in APES 110 contributes to the ability of the auditor to discharge the duty to act in the public interest. The fundamental ethical principles that apply to all members of the professional bodies are to act with integrity, objectivity, professional competence and due care, confidentiality and professional behaviour (APES
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The guest speaker Tracee Crockett is an Assistant Director of Parks and an Arizona Native. Ms. Crockett is a third generation that attended Arizona State University and received a bachelors in Sociology, then received her master's in Public Administration. Ms. Crockett mentioned that throughout her undergrad she has the opportunity to work in the Parks and Recreation that focused on the at-risk youth, which was really innovated because it supported the at-risk youth group. Left the city, became a
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case has direct affect to the organization. ENTERPRISE LIABILITY Directors of Riordan Manufacturing are expected to handle themselves ethically and responsibly. Stray away from these standard can lead to reprimand and/or termination. Riordan have zero tolerance for any employee that does not conduct themselves ethically or responsibly. Riordan holds directors or officials personally for Breach of Duty. A breach of duty of care is the failure to exercise care. In other words, it is the failure
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employer engages in an activity—or requests that the employee engage in an activity—that violates the employee’s ethical standards but does not violate any public policy or law? In such a situation, does an employee’s duty to abide by her or his own ethical standards override the employee’s duty of loyalty to the employer? When there is an agent employee to an employer relationship, obedience and loyalty are to be given to the employer almost fully, if anything completely. For example, when I go to apply
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Professor: April 30, 2013 As evident in the case by Morris (2012), the three main skills discussed include communication skills, employee motivation and job interest. Morris (2012) indicates that Aston is complaining on the fact that his workers are clearly not motivated to do their work, and that by around 4 O’clock, a huge number of the staff are quick to clear their desks and vacate the office premises. This is a clear suggestion of the fact that the employees
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to make the contract with EventsRUs in such a position, as occurred in Hely-Hutchinson v Brayhead Ltd . Jennifer was taken to have implied actual authority as in this case to represent the company in the circumstances because Bernard, the managing director, has asked her to assist him to arrange the contract of company. This is also applied to S126 (1) . Thus, due to the situation, she can finalize the contract with her superiors indicating that she has the authority to make the contract. In addition
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Question 1 Who is permitted to act as the auditor of company under the Companies Act 1965? Under section 9(1) of the Act, a person is prohibited from acting or accepting an appointment as the auditor of a company if he is: Not an approved company auditor => Section 4 ( Definition ) and section 8 - Company auditors and liquidators to be approved by Minister charged with responsibility for finance . Indebted to the company or its related company in an amount exceeding RM 2,500. An officer of the company
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