Discuss the legal context of IDP, Budget and Performance
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Discuss the legal context of IDP, Budget and Performance
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- jimmy is the owner of vrs. until recently jimmy was also the managing director, but he has decided to employ a manager to take over the daily operations of vrs as he transitions to retirement. the new manager, berly, agreed to a performance based contract which says that berly will be paid bonus of $200,000 should the profits exceed a target of $2 million. the contract also says that berly must prepare financial statements and have them audited. Briefly define theory. According to agency theory, what are the roles performed by jimmy and berlyBriefly define or explain each of these terms:b. Bill of materialsWhen the client's image team sends the first round of selections to Marlena's team for review, Tim (an editor on the team) notices that several of the images are iconic images that he has seen in other publications. He researches these images to check copyright information and finds that four of the five images cannot be used in the book without paying significant costs that are out of budget. Marlena tells the client's image team that the images have been rejected for copyright issues and must be replaced with new selections. The second round of images sent for review is also found to be problematic. Again, Marlena informs the client's team that several images must be changed. At this point, Marlena's team has spent a lot of time reviewing and researching copyrights for images, and she fears that many more rounds may cause the team to expend all of their budgeted hours before this phase of the project has been complete. She recognizes that although the client's team is slated to…
- As per the law, employers do not have to provide which of the following benefits? A. Canadian pension plan, Employment insurance B. Life Insurance, dental insurance, and eye glass coverage, C. Retirement plan, Profit sharing and tuition reimbursement D. Both B and C.Explain the steps to be taken in order to effectively control procurements for a projectIn June 193, Kombs Engineering had grown to a company with $25 million in sales. The business base consisted of two contracts withe U.S Department of Energy (DOE), one for $15 milon and one for $8 milon. The remaining $2 mil-lion consisted of a variety of smaller jobs for $15,000 to $50,000 each. The larger contract with DOE was a five-year contract for $15 million per year. The contract was awarded in 1998 and was up for renewal in 1993. DOE had made it clear that, although they were very pleased with the technical perfomance of Kombs, the follow-on contract must go through competitive biding by law. Marketing inteligence indicated tha DOE intended to spend $10 million per year for five years on the follow-on contract with a tentative award date of October 1993. On June 21, 1993, the solictation for proposal was recieved at Kombs. The technical requirements of the proposal request were not considered to be a problem for Kombs. There was no question in anyone’s mind that on technical…
- In a ________ plan, the employer may determine the risk of the investments.What are the principle guidelines to recognize the risk s at the risk management?Activity 1. Directions: Identify the parts of a brief proposal below. Twin Cities Gas Corporation (1) 346 Main Street Fort Worth, Texas 75051 January 25, 2019 (2) Reverend Kenneth Majors (3) Maplevale Church Grandview, Texas 75428 Dear Reverend Majors: (4) It was my pleasure to talk to you last week regarding the planned renovation of your church’s heating system. I am writing to give you the estimated savings you will realize if you select a natural gas heating system. (5) In order to supply gas to the church, a main line extension of approximately 1,000 feet will be required. Since the nearest gas line is located on North Main Street, the cost of extending this line to the church would be approximately $10,000. We at Twin Cities believe we can offer your congregation a substantial energy savings. I’ll call you early next week to see if will need any further information. In the meantime, if you have any questions, please contact me at 214-886-5412, ext. 45. Yours, (6)…
- A) Describe the component parts of a ‘PESTEL’ analysis?B) Explain the purpose and application of completing a ‘PESTEL’ analysis?In 2022, Ellen and Ed, married filing jointly, had $10,000 mortgage interest, $2,000 real estate taxes, $2,000 state income tax, and medical expenses of $2,000. Assuming they had an adjusted gross income of $50,000, which of the following is TRUE? Question 12Select one: a. They should take a standard deduction of $24,000. b. They should take a standard deduction of $12,000 c. They should take an itemized deduction of $14,000. d. They should take an itemized deduction of $16,000.Explain the various types of orders issued under the asset recovery act 2011