Salim is the owner of many buildings and hotels. Since he is a minor, his mother was his legally appointed guardian. Salim convinced Omar to give him loan of 20,000 OMR with 12% interest. The loan was taken by mortgaging one of his properties. Omar gave 10,000 OMR as advance and Salim promised that he will return the money after one year. Salim's mother informed Omar that anybody who would get into an agreement with him would do so at his own risk. After knowing this, Omar wants to get the advance he has given.
Q: How a personal development plan that will facilitate an increased level of effective management and ...
A: Effective management- It refers to the extent to which managers accomplish their targets with the as...
Q: For each scenario, discuss the following: - What is the issue (there may be more than 1)? • Who are ...
A: About the situation- The situation is related to the scheduling and negligence of the employees over...
Q: What do you understand by the term organizational politics? Discuss three (3) types of circumstances...
A: Organizations give a power base to people. From an absolutely financial point of view, organizations...
Q: Risk assessment For many enterprises, normal risk assessment occurs on a regular schedule. These are...
A: "Since you have asked multiple question, we will solve the first question for you. If you want any s...
Q: Research about Starbucks Company of thier Sustainability and Corporate Governance
A: Starbucks Corporation - is a global coffee & coffee house chain established in Seattle, United S...
Q: Explain the Environmental Pillar in Starbucks Company
A: Introduction- Starbucks dedication to the environment is shared by our customers.They also believe i...
Q: What is the importance of Ethics in the Engineering Profession.
A: It is the study of the effects of moral principles and standards on human conduct . It deals with in...
Q: 1- What are the steps of Decision-Making? 2- What is the different between Account payable and A...
A: “Since you have asked multiple question, we will solve the first question for you. If you want any s...
Q: Which style do you think would best fit your interview skills? Moreover, what drives your preferenc...
A:
Q: A.Cite a situation in the workplace or maybe at home using SMART objectives in Locke's Goal Setting ...
A: SMART goals: SMART (specific, measurable, achievable, relevant, and timely) SMART goals aid the indi...
Q: • What mix of leadership styles could benefit a company providing unskilled labor? • What mix ...
A:
Q: Explain the concept of “Business beyond Profit."
A: Any business enterprise has a reason to exist which is its purpose and the vision that goes beyond t...
Q: The Identify Stakeholders process can utilize which of the following? Question 4 options: Class...
A: Stakeholder describes the company, person, and groups that have some benefit in the project and can...
Q: Using relevant examples from the case study assess the underlying strategic trends that had impacted...
A: Strategic trends describe any kind of knowledge and information associated with the activities in th...
Q: Engineering Management Answer the question briefly What are the types of plans? and What are its c...
A: "Since you have asked multiple questions so we will solve the first question for you. If you want an...
Q: what are some of the advantages of using a virtual meeting space
A: The management is the responsible persons in the organization to accomplish the goals, and objective...
Q: How can you relate this excerpt to the current situation of the Philippines?
A: This was the Speech by WHO - World health organisation in the year 2020 March. At that time The whol...
Q: Why does a good manager need to consider sustainable Development and Sustainable innovations
A: About a Manager- A manager's role in the organization is to act on the functions like planning, orga...
Q: The external environment influences the organization’s functioning to the large extent, so it happen...
A: Business environment refers to all those internal and external factors that affects the functioning ...
Q: In which of the following project delivery methods does someone with construction expertise serve as...
A: PROJECT MANAGEMENT: Project management is the process of planning, organizing, guiding, and controll...
Q: Assuming that a company has already established a KMS system, how can you, as a manager, ensure that...
A: Knowledge management refer to the process in which knowledge is shared across the whole organization...
Q: illustrate the relationship of the 3 levels of business ethics.
A: Business ethics: Ethics depicts the structured study of a careful selection of the criteria of fair ...
Q: What role do strategic resources and competencies play?
A: Strategy These refer to the organization's policies and procedures that have been determined to ens...
Q: In your own words, explain what you understand by the following: Transformational leadership Transac...
A: Leadership plays an important role in guiding and supervising the behavior and conduct of individual...
Q: Why is it important to conduct pre-employment background investigations? How would you go about doin...
A: Note: Since the second component of the question asks for a personal opinion, it is subjective. As p...
Q: Does retraining current employees better than hiring new talent wholesale? Why or why not? What are ...
A: Training is a key part of the human resource development program of a company which is concerned wit...
Q: A researcher observes that there is a negative correlation between punishment and jobperformance. Ac...
A: Human Resource Management: Human resources management is the process of managing the human element o...
Q: a Offer b. Acceptance c. Consideration C. a. Competent Parties = Intention to create a binding agree...
A: Contract hypothesis is the investigation of how individuals and associations build and foster legiti...
Q: "When business processes are focused on customers' needs, customers usually will perceive the value ...
A: A business process is the collection of connected tasks that discover their future in the delivery o...
Q: What are the challenges of the Philippines when it comes to the arrival of foreign migrants in the P...
A: In the past decade, migration governance in the Philippines has gone beyond labor migration poli...
Q: Where do these competences fit into the Value Chain?
A: Every firm develops the competitive advantage through a series of activities which is separated from...
Q: COMPLETE A PRODUCT LIFE CYCLE ANALYSIS OF A SHOE
A: Product Life cycle is the process that is more or less like the life cycle of a human being that sta...
Q: Explain how acquiring business needs would be beneficial in the context of Business Performance Mana...
A: Performance management is a corporate management technique that helps managers monitor and evaluate ...
Q: Discuss ethical issues in human resource management and explain it briefly
A: Ethics plays a major role in business. Business ethics include the appropriate business practices an...
Q: Risk Associated with Manufacturing, Trading and Service Concerns 1. Market Risk - Product Risk Co...
A: " Since you have posted a question with multiple questions , we will solve first question for you ....
Q: WE'RE ENCOURAGED BY THE SOLIDARITY AND GENEROSITY OF BUSINESS EADERS TO USE THEIR RESOURCES, EXPERIE...
A: The whole world faced the challenges that came up with the epidemic. Viruses do not think or respect...
Q: Draw in a SHORT BOND Paper the HR Management Activities (Image below) and provide/write / relate thi...
A: HRM( Human Resource Management) helps to connect the employees performance and organisation's planne...
Q: What exactly is business analytics, and what is its goal in terms of producing value from data?
A: In today's business world, Business analytics acts as a powerful tool. Across industries, administra...
Q: Elaborate on the most common types of virtual teams and discuss the challenges to the success of vir...
A: The employees will be appointed and supplied with their requirements, and the management will addres...
Q: Can you identify anything about Home Depot that might have a significant, near-term negative effect ...
A:
Q: Which type of leadership “model” is preferable in the management of innovative processes to stimulat...
A: The term leadership refers to the ability of an individual to guide, influence and inspire people. I...
Q: Elaborate the types of skills needed for human resource management.
A: Human Resource Management : Human resources management is a type of management which focuses on find...
Q: Think at the different types of Global Value Chain (GVC) governance. Identify which is the best and ...
A: GVC introduction: It is the full range activities where it is divided and shared among different fir...
Q: a) Imagine you are the manager of a new company and you want to stimulate innovation. Argue which t...
A: Dear student as per our guidelines we can answer only one question in case of multiple questions pos...
Q: need for appropriate Information Systems even more critical. Explain these three (3) major worldwid...
A: Informational systems are a foundation for carrying out business today. In several sectors , survi...
Q: Explain the differences between corporate, business strategy and functional strategy. How each of th...
A: A strategy is a long-term action plan and a guiding tool to achieve organizational goals and objecti...
Q: Management in Action Tim and Richard Smucker Manage a Great Place to Work According to a study condu...
A: Since you have asked multiple questions, we will solve the first question for you. If you want any s...
Q: Assess dynamics of timber management
A: About Forestry- Forestry is said to be the art that is used as an essential skill for taking care of...
Q: Managing ethics and social responsibility
A: By implementing ethical practices and social responsibility in the organization it provides a compet...
Q: Please, identify opportunities and challenges in entrepreneurship using Davidson`s External Enabler ...
A: Entrepreneurial opportunities are usually defined as the situations where products and services can ...
Step by step
Solved in 2 steps
- Q1: Case 1Salim is the owner of many buildings and hotels. Since he is a minor, his mother was his legally appointed guardian. Salim convinced Omar to give him loan of 20,000 OMR with 12% interest. The loan was taken by mortgaging one of his properties. Omar gave 10,000 OMR as advance and Salim promised that he will return the money after one year. Salim’s mother informed Omar that anybody who would get into an agreement with him would do so at his own risk. After knowing this, Omar wants to get the advance he has given. Questionsa. Is Salim bound to give the money back to Omar? Why or why not? b. Is this a valid contract? Explain why or why not?Q2: Case 2 Mr. Abdullah and his wife both lived together in Oman and went to England for a holiday. During the holidays, Mrs. Abdullah became ill and was advised by the doctors to stay back in England. But due to work pressure husband goes back to his place leaving his wife back in England. An agreement was made orally between them that Mr. Abdullah will provide his wife 300 OMR every month as an allowance. For a few months, he gave as he promised. Then, he decided to get separated from his wife. Mr. Abdullah stopped sending 300 OMR as an allowance to Mrs. Abdullah. Mrs. Abdullah filed a complaint against Mr. Abdullah for not paying the allowance. Questions a, Can Mrs. Abdullah claim the allowance? Why or why not? b. Is agreement in this case enforceable by law? Explain why or why not?CASE: The Chipotle Mexican Grill In 1993, Steve Ells opened a burrito-and-taco restaurant in a Denver storefront, not far from the University of Denver campus and popular with students. He named it Chipotle Mexican Grill, after the dried pepper common in Mexican cooking. A trained chef and and graduate of the Culinary Institute of America, Steve's idea was for Chipotle to be a cash cow to help him finance a "real" upscale restaurant. Chipotle, however, began branching out: first to several locations in an around Denver, then eventually nationwide. In 1998, McDonald's bought a 91% stake in Chipotle, this was followed by a 2006 initial public offering in which McDonald's retained 69% of the stock and 88% of voting rights. By the end of 2005, there were about 500 Chipotle outlets generating approximately $600 million in sales annually. Currently, about 15,000 people are employed by Chipotle. Steve Ells still serves as the chairman and CEO. What accounts for the success? For…
- CASE 3. Man of Word or Man of money? Jake is a brilliant math teacher in a private international school and gets a monthly package of Php 40,000. Another school in Manila offers him a package of Php 70,000. He makes a verbal commitment to the Manila school principal and says, “Sure, I’ll join your school by next month. “ But when Jake submits his resignation to his current school, its principal requests him to stay and offers a new package of Php 90,000. QUESTION: Should Jake take back his resignation? Explain your answer.19-2. Duty of Loyalty. Peter hires Alice as an agent to sell a piece of property he owns. The price is to be at least $30,000. Alice discovers that the fair market value of Peter's property is actually at least $45,000 and could be higher because a shopping mall is going to be built nearby. Alice forms a real estate partnership with her cousin Carl. Then she prepares for Peter's signature a contract for the sale of the property to Carl for $32,000. Peter signs the contract. Just before closing and passage of tittle, Peter learns about the shopping mall and the increased fair market value of his property. Peter refuses to deed the property to Carl. Carl claims that Alice, as Peter's Agent, solicited a price above that agreed on when the agency was created and that the contract is therefore enforceable. Discuss fully whether Peter is bound to this contract. (See Duties, Right, and Remedies of Agents and Principals.)CASE 2. Returning Unspent Money Jerome is running Children's Joy Foundation, Inc. to help street children. He receives a government grant of one million pesos for a project to teach out-of-school youths who live in the streets of their city. A year passes, Jerome managed to utilize only Php 500,000 from the grant. Despite his best efforts, he couldn’t convince many poor children or their families to join his program. As per the grant rules, Jerome has to return all the unspent money back to the government by the end of March 31st. But his colleague Raniel says: “If we honestly return the remaining Php 500,000 from the grant, the government officials may think that we are amateurs and ineffective in running the foundation, and they may substantially reduce our grant next year or even worse, they may not give us any project in the future. We should ask for the help of our chief accountant to manipulate our account books and reflect that majority of the grant was utilized for education.…
- Case 5: Mohammed wants to sell his bike and he gives an advertisement. In the advertisement it is mentioned that a fastest bike is available for sale at 5000 OMR. Omar is interested in this offer and Mohammed says that it can be driven at the speed of 500km/hour in the normal roads. Omar is mesmerized by the offer and agrees to buy. Question a. Is the contract in this case enforceable by law? Explain why or whyU.S. v. Warshak What is the business lesson? from U.S. v. WarshakSalma is into catering business and cooks food for small parties. Hina ordered her to cook food for 50 guest for her party on 5th of May 2021 at the lunch time around 2:30 pm. Hina called Salma to cancel the order on 3rd May 2021 at 1:00 pm as the party is cancelled due to some of her personal reason. Can Salma claim Hina for the cost of the raw material that is used in preparations. Answer as YES or NO. Also choose the correct reason.
- 17- Salim borrows money from Mudasir. For some reason Salim was not able to pay back the money to Mudasir on the specific date. So Salim offers Mudasir some extra money as a penalty for the delayed payment. Mudasir refuses to take that extra money as it is something that is haram according to Islam. What is it? a. Swearing b. Discount c. Hoarding d. InterestSara has a cute cuddly black bear cub. While letting the cub sit in the neighbor kid's lap, the playful cub accidentally scratches the kid's face requiring stitches. Sara is probably: Question 10 options: A) not liable, assumption of the risk. B) liable, strict liability. C) liable, she was clearly negligent. D) not liable, the kid consented to hold the cub.Skip and Jack are the shareholders of the Blue Fish Event Corporation. Skip and Jack regularly put on classy events on or near the beach, so they have a special insurance policy to protect their assets. Business has been slow as fewer large beach weddings are taking place, so Skip and Jack use a large fan to blow down and damage most of their décor assets, some of which were personal assets of Skip and Jack, to collect the insurance benefits. (a) Assuming their acts are proven, will a court allow Skip and Jack to recover the insurance money? (b) Is this a situation where the corporate veil may be pierced? Why or why not? (c) What would it mean for Skip and Jack if the corporate veil is pierced in this situation?